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Session Laws, 1910 Session
Volume 487, Page 377   View pdf image (33K)
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MISCELLANEOUS BILLS. 377

examine and investigate the methods employed in bringing in,
obtaining, manufacturing, delivering and supplying gas, and
shall have access through its members or persons employed
and authorized by it to make such examinations and investiga-
tions to all parts of the manufacturing plants owned, used or
operated for the manufacture, transmission or distribution of
gas or electricity by any such person or corporation. Any em-
ployee or agent of the Commission who divulges any fact or
information which may come to his knowledge during the
course of any such inspection or examination, except in so far
as he may be directed by the Commission, or by a Court or
Judge thereof, or authorized by law, shall be guilty of a mis-
demeanor.

Have full and plenary power to value the plant, property,
appurtenances, assets and franchises of such corporations.

Have power, in its discretion, to prescribe uniform methods
of keeping accounts, records and books, to be observed by the
persons, gas corporations and electrical corporations engaged
in the manufacture, sale and distribution of gas and electricity
for light, heat or power.

Examine all persons and corporations under its supervision,
keep informed as to the methods employed by them in the
transaction of their business and see that their property is
maintained and operated for the security and accommodation
of the public and in compliance with the provisions of the law
and of their franchises and charters.

Require every person and corporation under its supervision
to submit to it an annual report, verified by the oath of the
president, treasurer or general manager thereof, showing in
detail: (1) The amount of its authorized capital stock and the
amount thereof issued and outstanding; (2) the amount of its
authorized bonded indebtedness and the amount of its bonds
and other forms of evidence of indebtedness issued and out-
standing; (3) its receipts and expenditures during the preced-
ing year; (4) the amount paid as dividends upon its stock and
as interest upon its bonds; (5) the names and amounts paid as
salary to each officer, and the amounts paid as wages to its em-
ployees; (6) the location of its plant or plants and system,
with a full description of its property and franchises, stating
in detail how each franchise stated to be owned was acquired;
and (7) such other facts pertaining to the operating and main-
tenance of the plant and system and the affairs of such persons
or corporation as may be required by the Commission. Such
reports shall be in the form, cover the period and be sub-
mitted at the time prescribed by the Commission. The Com-
mission may, from time to time, make changes and additions
in such forms, giving to the persons, corporations and munici-


 

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Session Laws, 1910 Session
Volume 487, Page 377   View pdf image (33K)
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