THEODORE R. McKELDIN, GOVERNOR                     763

the District of Columbia in any proceedings relating to the regula-
tion of (public service companies. Such action may be under inter-
state compacts or agreements, or under the concurrent power of the
states to regulate interstate commerce, or as an agency of the Fed-
eral Government, or otherwise.

53. (Legislation.)

The commission may conduct such proceedings as it may deem
desirable with respect to proposed amendments to any law which in
its judgment would affect the public interest in any aspect of the
business of any public service company, and may recommend or
prepare legislation as to any matter within or related to its juris-
diction. Upon request by the Governor, or the General Assembly or
either house thereof, the commission shall conduct such proceedings,
and report its conclusions to the person or body at whose request the
proceedings were undertaken.

54. (Plant Inspection.)

The commission shall have the power in carrying out its duties
under this article to examine and inspect any plant of any public
service company, and for this purpose shall have access to such plant
and shall be entitled to set up and use thereon such needful apparatus
or appliances, and, to occupy such space therein as it may deem
reasonably necessary for the purpose of such inspections, examina-
tions, and tests.

55.    (Proceedings.)

The commission shall institute and conduct any proceedings reason-
ably necessary and proper to the exercise of any of its powers, or the
performance of any of its duties. The commission, any commissioner,
the secretary to the commission, or any hearing examiner shall have
the power to administer oaths, examine witnesses, and conduct
hearings and any authorized personnel of the commission may per-
form any other acts necessary to the conduct of proceedings.

56.    (Records.)

The commission shall have the power to examine any and all
records of any public service company, to compel their production by
subpoena duces tecum, and to require sworn copies to be filed with
the commission.

57.    (Rules and Regulations.)

The commission shall have the power to make such reasonable rules
and regulations as it deems necessary to carry out the provisions of
this article and any other law relating to the commission.

Financial Structure, Records and Reports
of Public Service Companies

58.    (Issuance of Stocks or Other Evidences of Indebtedness.)

(a) The commission shall authorize the issuance by any public
service company of stocks, bonds, securities, notes or other evidences
of indebtedness, payable in whole or in part more than twelve months