Page images
PDF
EPUB

an abstract of the evidence and also the arguments relied on by the party or parties filing the same. Briefs, when required, shall be prepared and filed with the Commission within such time or times, and under such regulations as to service of copies thereof upon the adverse party or parties as the Commision may prescribe.

7. Adjournments and Extensions. The Commission. may, either upon its own motion or upon application, adjourn all hearings from time to time, and may grant such extensions of time for compliance with its orders or other acts, as it may deem proper, provided that no requirement of law be violated thereby, and further that this section shall not apply to extensions of time for filing reports.

8. Rehearings. Applications for re-opening a cause after final submission, or for rehearing after final order, must be made by petition in writing, stating specifically the grounds upon which the application is based. If the application is to re-open the cause for further evidence, the nature and purpose of the evidence must be stated, and the same must not be cumulative merely. If the application is for a re-hearing, the petition must specify the findings of fact or of law claimed to be erroneous, together with a brief statement of the ground of the alleged error. When any decision, order or requirement of the Commission is sought to be reversed, changed or modified by reason of facts and circumstances arising subsequent to the hearing, or to the order, or by reason of consequences resulting from compliance with such decision, order or requirement which are claimed to justify or entitle a reversal, change or modification there

of, such facts and circumstances or consequences must be fully set forth in the petition.

9. Investigations on the Commission's own Motion. In all cases in which the Commission is authorized by the Public Service Commission Law to make investigations of its own motion, it may, if it deems proper, conduct its investigations ex parte and without notice to the person, firm, corporation or corporations concerned. Before passing any final order, however, the Commission shall in such cases formulate a complaint, setting forth fully and clearly the acts, omissions or matters which are the subject thereof, and a copy thereof, together with an order of the Commission directed to the person, firm or corporation complained of, and requiring that the matter complained of be satisfied, or that the complaint be answered within twenty days from the service thereof, or within such less time as the Commission may prescribe, shall be served on the person, firm or corporation complained of in any manner authorized by law, and thereafter the procedings shall be such as are set forth in Rule III, so far as the same are applicable.

10. Investigations at Corporation's Request. In all cases in which the Commission, at the request or complaint of any corporation, subject to the provisions of the Public Service Commission Law, may undertake any investigation with a view to granting to such corporation any application which the corporation may be authorized under said law to make, the Commission may, in its discretion, give all other persons or corporations who may be affected thereby an opportunity for a hearing, either by service upon them of a copy of such request or complaint, or by publication of the substance thereof, at the

expense of said corporation, for such length of time and in such newspaper or newspapers as the Commission may deem desirable.

11. Special Requirements. The provisions in this rule contained as to hearings and investigations shall not be taken to affect any further or additional provisions or requirements which may be hereinafter prescribed for special cases.

RULE V.

REPORTS OF ACCIDENTS.

Reports of all accidents required to be filed with the Commission shall be made in writing within thirty days after the happening thereof, or as prescribed by order of the Commission duly served.

RULE VI.

APPLICATIONS FOR EXTENSION OF TIME FOR FILING REPORTS.

An application by any corporation, firm or person for an extension of the time within which any report is or may be required to be filed with the Commission, shall be in writing, filed before the expiration of the period, the extension of which is deemed necessary, and shall state in detail (1) what, if any, effort has been made by the applicant to prepare such report; (2) any facts tending to show why the said report cannot be made and filed within the time prescribed; (3) any other facts which may make an extension of time necessary or

proper; (4) the further period of time deemed necessary by the applicant within which to make and file such report. The Commission may hold a hearing upon said petition, and in that event the applicant shall attend, and produce such witnesses and documents relative to its request as the Commission shall require.

RULE VII.

FINANCIAL CONDITIONS DEFINED.

Whenever a corporation subject to the Public Service Commission Law is required or called upon to disclose its financial condition, whether under these rules or otherwise, the same shall be given, as far as practicable, in appropriate schedules which shall show the following: I. Amount and classes of stock authorized.

2.

Amount and classes of stock issued.

3. Terms of preference of all preferred tsock.

4. Brief description of each mortgage upon any property of the corporation, giving date of execution, name of trustee, amount of indebtedness authorized to be secured thereby, amount of indebtedness actually secured, and brief description of the mortgaged property or collateral.

5. Number and amount of bonds authorized and issued under each mortgage, describing each class separately, giving date of issue, par value, rate of interest. date of maturity, and how secured.

6. Other indebtedness of all kinds, giving same by classes and describing security, if any.

7. Amount of interest paid during previous fiscal

year upon each species of indebtedness and rate thereof, and if different rates were paid, amount paid at each rate.

8. Amount of dividends paid upon each class of stocks during previous fiscal year and rate thereof.

9. Detailed statement of earnings and expenditures for the previous fiscal year and balance sheet showing condition at the close of the year.

RULE VIII.

APPLICATIONS FOR AUTHORITY TO ISSUE STOCKS, BONDS, NOTES AND OTHER EVIDENCES OF INDEBTEDNESS.

1. Petition. In all applications made to the Commission by corporations for authority to issue any stocks, bonds, notes or other evidences of indebtedness, the petition must show:

a. The amount and terms of the proposed issue, and the purposes for which the proceeds are to be used; and the nature of the security, if any.

b. If the purpose is the acquisition of property, a general description of the property, from whom it is to be acquired, and the terms of the contract for such acquisition, if any has been made. Names of the owners of property to be acquired for rights of way need not be set out, but a general description of the proposed route will be sufficient.

Note: The description of property should include the number, dimensions, type and location of each class of items mentioned in the petition. For example, the item of "land" should state the area and the location thereof; expenditures for "Building Construction" should state dimensions of buildings, so that cubical contents may be

« ՆախորդըՇարունակել »