Show CALIFORNIA'S NEW UTiliTIES ACT iw NOW tOES COS INTO EFFECT Railroad Commission Is Given Broad Powers of Regulation SAN FRANCISCO March 22 Califor California's nias nia's new public utilities act the tangible tang tangi ble hIe expression lon of ot the principle that the state has tho the right and the power to regulate regulate- all an corporations and and pert persons ons en engaged engaged en- en faed in the so eo called public services will go Into effect tomorrow The act act- was ae passed by the l legislature at Its extraordinary extraordinary nary session In December 1911 The railroad commission Is IB given Riven power to regulate and control all public utilities of ot the tho state except that the Incorporated cities clUes and towns retain the powers over 0 public utilities which they now have Unless un unless un- un less les the they choose to transfer them to the tho commission Broad powers are conferred upon the tho railroad commission It will have authority authority au au- au- au to fix rates regulate service equipment facilities and extensions and supervise the Issue of or bonds bond stocks and other securities No ro public utility will have the right to sell Its Us property effect mergers or consolidations or issue securities ties tics without first nut obtaining the th consent of the tho commission The act provides a simple and speedy procedure proc dure for disposing of or complaints and applications a a. number of ot which are aready al alread already al- al read ready on file rue |