Savannah morning news. [volume] (Savannah) 1868-1887, 1884-05-07
THE MUTUAL GAS LIGHT COMPANY
a Permanent Organization Effected
The Works Accepted and the General
Outlook for business.

A Permanent Organization Effected
The Works Accepted and the General
Outlook for Business.
The stockholders of the Mutual Gas
Light Company held a meeting yesterday
at Metropolitan Hall and effected a per-
mauent organization of the company, by
the adoption of bylaws and election Of
directors. Since the first or primary or
ganization the business Of the company
has been pretty much IN the hands of the
United Gas Improvement Company. Of
Philadelphia, which was the construction
company for building works, laying
mains, services, etc, but on Yesterday the
Mutual Company formally accepted the
works and entered upon full charge Of the
business. MIR. w. W. Gibbs. General
Manager Of the United Gas Improvement
Company, and Randall Morgan, Esq,
consulting attorney, were at the
meeting and represented the
United Gas Improvement Company,
which is a large stakeholder in the Mu-
tual Company, and these gentlemen eX-
pressed very sanguine feelings as to the
outlook for business here. The superior
quality of the gas furnished, together
with the capacity Of the works for sup
plying any demand likely to arise for
many years to come, show very much in
the cOmpany's favor. Inasmuch as con-
siderable more mileage of mains had been
laid than was originally deemed requisite,
owing to the rapid growth Of the city, the
meeting authorized the issuance of $780,
600 in stock at par, preference being
given to present owners, with remainder
to such other parties as might desire it.
The following were elected as the
Board Of Directors for the ensuing
term, viz: r. B. Reppard, George Walter,
J. II. Estill. B. A. Denmark, NJ. A. Co
hen. \. F. Thompson, W. W. Gibbs, Ran
dial Morgan, 5. T. BOdine, John l.. Stew
art, +. c. Lee, Henry l.. Davis, William
L. Elkins and James 5. PiersOn.
The following letter was read from Col.
}. II. Estill, who was elected President of
the company at its first organization:
SAVANNAH, GA. May 6, 1884.
To tie Stockholders Of the Mutual Gas Light
Company:
Notwithstanding to my expressed
intention at the time YOU hOnOred me by elect
ing me your President, that | would resign
the position as soon as the works of the COM
pany were in operation, / hereby tender my
res gnatIon Of that office.
With my best wishes for the continued sue
cess of the enterprise, in which we are mutu-
jill. EsTILL.
Inasmuch as Col Estill had remained
in the position of President against his
expressed WISH. ana WITH Ine unueTsidIu-
ing that he be permitted to retire when
the company was ready for active bust
ness, his resignation was accepted with
expressed regrets. The directors sub
sequently met at the cOmpany's office,
and organized by the election Of the fol-
lowing officers:
President-W. W. Gibbs.
Treasurer-S. T. BOdne.
Secretary-N. f. Thompson.
The condition of the company was fully
discussed and some routine business
transacted, the Savannah directors eX-
pressing themselves as confident of the
future of the enterprise, since the reduc-
ton in price fIOm that formerly charged
here was so practical an advantage to
consumers that they would give the new
company most liberal patronage. Savan-
nah can now claim to be the best lighted
city in the South