Pacific Gas and Electric magazine . to their en-terprises. workmens act. The State Legislature of 1913 enacteda Workmens Compensation Act concern-ing which there has been nioii or lessdiscussion. Our (Company up to the iires-ent time has had but limited experienceof its working, but it recognizes the jus-tice of its undcilving i)urposes and hi-litvcs that llu means and methods ilprovides for the scttlcnient of claims ofinjury and disahililv to employees, whilepiii\iiiK moic satisfactory to emi)loyeesIhaii any preceding act or .system, willnot prove iiikIiiIn burdensome to IheComp
Pacific Gas and Electric magazine . to their en-terprises. workmens act. The State Legislature of 1913 enacteda Workmens Compensation Act concern-ing which there has been nioii or lessdiscussion. Our (Company up to the iires-ent time has had but limited experienceof its working, but it recognizes the jus-tice of its undcilving i)urposes and hi-litvcs that llu means and methods ilprovides for the scttlcnient of claims ofinjury and disahililv to employees, whilepiii\iiiK moic satisfactory to emi)loyeesIhaii any preceding act or .system, willnot prove iiikIiiIn burdensome to IheCompany in llic liiliirc. Mdiilhs hdoic this act went into opera-linn llic CiinipaiiN inaugurated a Safetyliist campaign, in connection withwhiili Ihc Company enii)loyed prominentc\pcils from Ihe ivasl to inspeel its prop-ciiics anil investigate the hazards in-vcihcd in its operating system. Ourreaders will be pleased to know thai thercpi)rl as entered bv Ihe experts was ofllu- most salisfac|(ii\ character. 130 Pacific Service Magazine. Attractive substations in tlie companys electric distributing system. The topmost view is of an Oakland substation; next comes one in Woodland; next one in San Mateo; next is Station D, Basil street, near Larkin, San Francisco. Pacific Service Magazine 131 A Letter From the Treasurer to Oneof Our Stockholders San Francisco, Cal., September 3, 1914. Mr. San Francisco, California. Dear Sir: In your letter of August 28th, you express yourself as being very much interestedin our offering of First Preferred Cumulative 6% Stock, and have asked me to giveyou an analysis of this security from an investors standpoint. As a purchaser of corporate securities, with many years of experience, you haveundoubtedly trained yourself to look for certain fundamental requirements indeciding whether a security is worthy of your confidence. I believe, therefore, youwill agree with me that every cautious investor should satisfy himself as to thefollowing points which, to u
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