authorized and amount issued; the outstanding indebtedness and any other pertinent information with a statement in detail of the cost of the plant and equipment and the value of all assets of the company.

Third. A sworn statement in detail, of the purposes to which the proposed increase of stock are to be devoted, and if for further construction and equipment, a verified estimate, in detail, of the cost thereof made by a person competent to make the same. (Such statement will not comply with this rule unless it contains the various items, giving number and estimated cost of each, classified separately.)

ISSUE OF BONDS.

(Section 2 of the Stock Corporation Law. Laws 1905, Chapter 737, Section 12.)

Application must be made by verified petition, stating what denomination of bonds is proposed and what the lien is to be, if any, to secure the same.

A date for hearing will be fixed and the Commission will require notice of the application to be published in local newspapers to be designated by it. Proof of publication of the notice must be furnished at the hearing.

Accompanying the petition there must be:

First. Proof of the consent of the stockholders, under the statute to the execution of the mortgage or deed of trust, if any, collateral to such bonds, and two certified copies of the resolution of the directors, authorizing the issue of bonds. If the application is approved, one copy will be returned accompanied by a duplicate original of the consent of the Commission, which the Commission recommends should be filed and recorded in the office of the proper county clerk.

Second. A sworn statement in detail, from the officers of the corporation, giving the value of the property and franchises, owned and operated by such corporation; the financial condition of the company, the amount of capital stock authorized and the amount issued; the amount of mortgage bonds authorized and the amount outstanding, and the amount of other indebtedness of the company, as well as any other pertinent information, including a statement in detail of the cost of the plant and equipment and the value of all the assets of the company.

Third. A sworn statement, in detail, of the purposes to which the proceeds of the proposed issue of bonds are to be devoted, and if for further construction and equipment, a verified estimate in detail, of the cost thereof, made by a person competent to make the same. (Such estimate will not comply with this rule unless it contains the various items, giving number and estimated cost. of each, classified separately.)

ACQUISITION OF STOCK OR BONDS OF OTHER CORPORATIONS. (Stock Corporation Law, Section 40. Laws 1905, Chapter 737, Section 13.)

Application must be made by verified petition. A date for hearing will be fixed and the Commission will require notice of the application to be published in local newspapers to be designated by it. Proof of publication of notice must be furnished at the hearing.

Accompanying the petition there must be:

First. A statement verified by the officers of the company, showing the price at which such stock or bonds are proposed to be acquired and from whom, and copies of any provision in the charter of the corporation, permitting such acquisition, or facts bringing the case within the terms of section 40 of the Stock Corporation Law.

Second. A certified copy of any resolution of the board of directors, authorizing such purchase.

Third. A sworn statement in detail, of the capacity, capital stock and equipment of all similar corporations having the right to furnish service of a similar character in the territory in which the operations of both corporations are allowed by their respective charters.

Fourth. Sworn statements in detail from the officers of both companies and qualified experts, giving the value of the property and franchises owned and operated by each of such corporations; the financial condition of each company, the amount of capital stock authorized and issued by each company; the outstanding indebtedness and any other pertinent information, with a statement in detail, of the cost of the plant and equipment and the value of all assets of each company.

Fifth. A copy of any provision in the charter or franchise of either company affecting the price to be charged for the

product of the company, or the right of either company to consolidate with any other company, or to sell its property and franchises.

APPROVAL OF TRANSFER OF FRANCHISE.

(Stock Corporation Law, Section 33. Laws 1905, Chapter 737, Section 13.)

Application must be made by verified petition. A date for hearing will be fixed and the Commission will require notice of the application to be published in local newspapers to be designated by it. Proof of publication of notice must be furnished at the hearing.

Accompanying the petition there must be:

First. Two certificates of the proceedings of the meeting of stockholders at which the sale and conveyance is authorized. If the application is approved, one copy will be returned accompanied by a duplicate original of the consent of the Commission, which the Commission recommends should be filed and recorded in the office of the proper county clerk.

Second. A sworn statement in detail, of the capacity, capital stock and equipment of all similar corporations having the right to furnish service of a similar character in the territory in which the operations of both corporations are allowed by their respective charters.

Third. Sworn statements in detail, from the officers of both companies and qualified experts, giving the value of the property and franchises owned and operated by each of such corporations; the financial condition of each company, the amount of capital stock authorized and issued by each company; the outstanding indebtedness and any other pertinent information with a statement in detail, of the cost of the plant and equipment and the value of all assets of each company.

Fourth. A statement in detail, of what provisions are to be made for the payment of the existing indebtedness of the company selling its property and franchises, and a copy of any provision in the charter or franchise of either company, affecting the price to be charged for the product of the company, or the right of either company to consolidate with any other company or to sell its property and franchises.

AMENDED RULE AS TO COMPLAINTS.

(Laws 1905, Chapter 737, Section 15.)

All complaints to the Commission shall be in writing and the causes of the complaint should be stated clearly and concisely. Four copies should accompany the original. Upon receipt of such complaint (unless in the judgment of the Commission immediate action is required) a copy is sent to the person or corporation complained of, together with a notice stating the purpose thereof and appointing a time and place of hearing.

Complaints to the Commission should be in the following form as near as practicable:

to

To the Commission of Gas and Electricity, the (mayor, trustees or town board) of hereby complain the Commission, of the Company, regarding the (gas or electricity) sold and delivered in such municipality by such company, as to its (illuminating power, purity, pressure or price) as follows, viz.: (Here state concisely and in detail all matters complained of) and make request in accordance with section 15 of chapter 737 of the Laws of 1905, that the Commission investigate the cause of the matters herein complained of. Dated

Add affidavit of verification as to the truth of the complaint and describing official relations to the municipality.

In case of a complaint by consumers, the above should be adapted to the facts, and no verification is required, but signers must add their places of residence by street and number, if any.

ACCIDENTS.

The general superintendent or manager of every such corporation, or the person in charge of the business of an individual shall inform the Commission of any accident resulting in loss of life or injury to person, immediately after its occurrence.

AMENDMENT OF RULES.

The Commission will alter these rules as circumstances require.