The Davenport daily gazette. [volume] (Davenport, Iowa) 1856-1869, 1857-09-25

have no faith that our company viii 0ad theis
revenue materially increased by This extra
charge. The old price Was high rass, and
anything beyond II will set consumers 10 csssse-
~ economixing and limit the use Of ms. But
We had no intention Of discussing this sabjsct
now. The statement Of the Company sinIly
makes IL question Of es.5o per thousand or
no gas, which throws IL oat Of the vsale of dis
cussion for the present:
To rms Gas Coxsrssas ~ r1s CirS cs DAvsx.
posr.-Thc Directors of the Dav~npcrt 0aa Light
and Coke Company submit for yoar consideration
the fpllo~ing state OF facts
The rishss and privileges granted by the city. cad
aes owned BY the casaIaas we're originally ssatsr
them transferred 10 W .. uerrick . Co who undsr.
toak To build the works and supDly the city with
O.s. 81 tbs rate VI fhr~e dollars ard dsy csss pr
thosssna feet, until July ist7 as1 tAsgenAeT = pri
corresponding ~th prices charged u o4AeF etes
of Iowa, under fke circumstances The perties
s.s o. .d " 81 sTss,ss % ,as .sss i a;s,.s s s sss
holders and bearing debt of b<twesa four asd ave
Thousand dollars. The Directors loaasd the s0osni
Of money necessary ts pay "a this incumbrAaee uon
the property and undsrt,k the sanufaes urs ef ds.
aisd To snppiy The consumers. With about sue nies
and hslf u street pipe lad The works v~fe
severed n their sorts 10 keep up supply, sifkongh
II ~as apparent 10 ih~n Af~r ik~ nrsf sinty days,
that, .i 'a. price s.ipal.sd the company .ss .saes
chow ths, ny io the nrs OF Jnly. lsss. the est Of
manufacturing oas, keeping the works ta rvpsir.
@xss-d the whole sasaaa. reee,ssd for Ca. la and
Coke the suna VI over sssea thousand deiiars H.
ashsr words, ap to thai time the compA. vs. ssssa
furnish light from their sovks, vftAows ever k.sins
paid sAs sork rkAeid~ss eess u asfAsnd ap.a The
money they had invested la the works
Ia he fall n he hat IL
benefits and eouveni~nees of the 0as light sheuld
he losi to the city, aud kasiau eoaa1snce that the
them with 0s- al 3 los, made e66sis, and aaslly
suee~eded In making contract for three niie.
of sditioaA street pip~s the gsssrai repair u hr
works, the erection ~ oa~ hrndred pubic Lamp
r..sr all " which now nearly canpl~tsd Nndfh~s
feel eonhdeni non that The. sAa b. sbss ~ supply
saaie.~ai saan,its. and q god essll', ~lthass
an, failure rhs works have cost thu company
over one hundred aEa twsaiy Eve thousand dollars,
AID above oil receipts for the iras of G.s Tar
and Cak-, any .is Thousand dive hundred dollars sf
which Is reprss-nisd b, capital sfsck, sseat shrse
thousand doiiar- fos ing debis AEd the bal.ae. tS
the b,lds OF the esfaIsshs sseafsd b, nsartsas.
The wotk.. uh. B..sra hvi.s~l, 10 b. Ii. ursrAi.
ofdsf and u l. hGi tar thai The capital tnss.i~d
therein should pay - The ssscthsitsrs reasonable
iEtsr~si To d. this " bseem.s absolutely neese~Ary
will be- readily perceived by tkis staf~ssni that
the prize u Gas should ls inerssssd, and - THE
Object. - they eer,sini, soald d-sirs the
Pan, 10 furnish 'ss - i orfsni m article - light
Of loss
From and amer the ar.t d@y VI Ori1h~r r@st The
pr.es charged viii b. four aosss aad any cent. pr
thousand feet The bsl. will t~ l~h the nrst ans
Of ssch fnos'b and ~ paid II the .ics the
pAns within nss das tb.reaf~f, dednctaca VI d nxt
per cxai upol IL. amount of ihs IAN wi be- made
The Dirsctoss beiisse tha. skis pstce vii eE.bi.
them 10 ~ on aud u -, the intsfssi upan the
bouds but they bay. gres, doabts whether Tor the
nsxt three years 10 ~ili leave suy surplus fss disi
dei.as 10 The ssoekhslief. Az the cisy b~eomes
sor. cosnpsiy occupied sai ption ines~As~d
ed hat he UY m - pu1a
Bs OspEa 70 raS Rsssg
Darrnpor sept n, 1857