Massachusetts Statutes

§ 125 — Monthly condition statements; supervision and investigation by department

Massachusetts·Part I ADMINISTRATION OF THE GOVERNMENT·Title XXII CORPORATIONS·Ch. 161 STREET RAILWAYS
Section 125. In order that the department may at all times be in a position to take such action as the public interest requires, the companies shall furnish it each month with such statements as it requires, showing the condition of the reserve fund, the income and expenditures of the previous month and such other information as the department may desire. The commonwealth shall be divided by the department into street railway districts, and for each district within which one or more companies has accepted said sections the department shall appoint one or more resident supervisors for terms of three years, their salaries and expense allowance to be fixed by the department and paid by the company as an operating expense, or, if their duties extend to more than one company, their salaries and

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