Section 63-1-41 - [Annual report to public regulation commission.]

NM Stat § 63-1-41 (2019) (N/A)
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Every railroad corporation must make an annual report to the state corporation commission [public regulation commission] of the operations of the year ending on the thirty-first day of December, which report shall be verified by the president or general superintendent, and the secretary and treasurer of the corporation. Such report must be filed in the office of said commission on or before the first day of March next ensuing, and shall state:

A. the capital stock, and the amount thereof actually paid in;

B. the amount paid for the purchase of lands for the construction of the road, for buildings, engines and cars, respectively;

C. the amount and nature of the indebtedness of the corporation, and the amount due to it;

D. the amount received for the transportation of passengers, property, mails, express matter, respectively, and the amount received from any other sources;

E. the amount of freight transported, specifying the quantity in tons;

F. the amount paid for the repair of engines, cars, buildings and other expenses, in gross, showing the current expense of running its road;

G. the number and amount of dividends, and when paid;

H. the number of engine houses and shops, of engines and cars and their character.

History: Laws 1878, ch. 1, ch. [tit.] 8, § 22; C.L. 1884, § 2686; C.L. 1897, § 3875; Code 1915, § 4695; C.S. 1929, § 116-143; 1941 Comp., § 74-143; 1953 Comp., § 69-1-43.

Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.

Laws 1998, ch. 108, § 80 provided that references to the state corporation commission be construed as references to the public regulation commission.

Cross references. — For Corporate Reports Act, see 53-5-1 to 53-5-9 NMSA 1978.

Compiler's notes. — The 1915 Code compilers substituted "state corporation commission" and "said commission" for "secretary of this territory" in the preliminary paragraph to be consistent with N.M. Const., art. XI, § 6. Article XI, § 6 was repealed and a new Article XI, § 1 was adopted effective January 1, 1999 creating the public regulation commission.