Illinois Commerce Commission Law And Warehouse Act

Cover Illinois Commerce Commission Law And Warehouse Act
Illinois Commerce Commission Law And Warehouse Act
Illinois
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The proceedings for obtaining the authorization of the Commission provided for in this section shall be as follows : There shall be filed with the Commission a petition, joint or otherwise, as the case may be, signed and verified by the president and secretary of the respective companies or by the person or company, as the case may be, clearly setting forth the object and purposes desired, and setting forth the full and complete terms of the proposed assignment, transfer, lease, mortgage, purch
...ase, sale, merger, consolidation, con- tract or other transaction, as the case may be. Upon the filing of such petition, the Commission shall, if it deems necessary, fix a time and place for the hearing thereon. After such hearing, or in case no hearing is required, if the Commission is satisfied that such petition should reasonably be granted, and that the public will be convenienced thereby, the Commission shall make such order in the premises as it may deem proper and as the circumstances may require, attaching such conditions as it may deem proper, and there- upon it shall be lawful to do the things provided for in such order.

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