vide for the payment of dividends on all preferred stock, whenever so authorized, out of the profits at a specified rate not to exceed eight per centum per annum, before dividends are paid upon the common stock; for the accumulation of such dividends; for a preference of such preferred stock, not, however, exceeding the par value thereof over the common stock in the distribution of the corporate assets other than profits; for the redemption of such preferred stock' at a sum not to exceed the face value thereof, and any accumulations and unpaid dividends, if said stock provides for the accumulation of dividends; and for denying or restricting the voting power of such preferred stock. STOCK NOT TO BEAR INTEREST; PREFERRED STOCK PRIVILEGES TO БЕ PRINTED ON CERTIFICATES; AMENDMENT ΤΟ ARTICLES. 2. Neither preferred nor common stock shall bear interest. Certificates of preferred stock and common stock shall state on the face thereof all privileges accorded to and all restrictions imposed on preferred stock. No change or amendment in relation to such preferred stock shall be made, except by way of amendment to the articles of organization, adopted by the affirmative vote of the holders of two-thirds of all outstanding stock, both preferred and common, at a special meeting called therefor in accordance with the provisions of the articles of incorporation and the bylaws of said company. * * * * * Issue of securities; fees for certificate. Section 1753-21. Before the issuance of the certificate in sections 1753-1 to 1753 -22, inclusive, provided, authorizing any public service corporation to issue bonds, notes, or other evidences of indebtedness, for purposes properly chargeable to its capital account, such corporation shall pay to the commission the following fees: One dollar for each thousand dollars of the face value of the bonds, notes, or other evidences of indebtedness authorized to be issued * up to one hundred thousand dollars; fifty cents per thousand dollars for each additional thousand dollars up to five hundred thousand dollars; and for each additional thousand dollars, ten cents. Provided, that no fee shall be required when such issue is made for the purpose of guaranteeing, taking over, refunding, discharging, or retiring any bonds, notes, or other evidences of indebtedness. Such fees, when collected, shall be paid into the common school fund income. (Ch. 598, 1913.) * ** Previous authorized issues not affected. Section 1753-22. The provisions of * sections 1753-1 to 1753-22, inclusive, shall not apply to any stock, bonds, or other evidences of indebtedness heretofore authorized by the commission. (Ch. 598, 1913.) Production of, Commission's power... 1797-13, 1797-18 par c ACTIONS Affecting railroad corporation, see RAILROADS, RAIL- 990-54 18 5 80 5 80 9, 13 13 8833 ROAD CORPORATION. Affecting street or interurban railway corporations, see STREET AND INTERURBAN RAILWAYS. Affecting telegraph company, see TELEGRAPH COMPANIES. Rights of, not waived under sections 1797-1 to 1797- 1797-34 ACTS OF COMMISSION, technicality not to invalidate.... 1797-33 To award due, condemnation proceedings by telegraph 17781 141 To title or compensation in condemnation proceedings ADVERSE POSSESSION, provisions as to telegraph companies 4216a 146 taking office.... .... 1797-1 par e 6 AGENT OF RAILROAD, private interests of, restrictions on... 1804 Right of eminent domain in, by telegraph company 1778a sub 1 146 17806 144 ALTERATION OF CROSSINGS, see RAILROADS, CROSSINGS. By telegraph company, construction of line along town From award of commissioners of appraisal. Condemnation proceedings by railroad. Condemnation proceedings by telegraph company. From order of Commission.... Action brought in circuit court of Dane county 1329a sub 5 144 1778e 141 18 1797-50 151 16 1797--16 par f 18 16 16 Application for certificate of public convenience To have precedence over civil cause. APPLICATION FOR CERTIFICATE Of authority for securities issue, see STOCKS AND BONDS OF PUBLIC SERVICE CORPORATIONS. Of public convenience and necessity, see PUBLIC CON- VENIENCE AND NECESSITY LAW. APPORTIONMENT OF COST OR EXPENSE Bridge, repair or reconstruction of.. Chargeable to more than one appropriation. 1797-12k Crossing of railroad by highway, alteration of 1797-12e sub 2 84 21 87 Crossing of railroad by railroad, prospective.. APPRAISAL, Commissioners of, see EMINENT DOMAIN UNDER APPROPRIATION For Railroad Commission. Of land without acquisition of title. ARTICLES OF Association of corporation, publication required before Consolidation of railroad companies; approval of stockholders requisite... 1833 41 |