Savannah morning news. [volume] (Savannah) 1868-1887, 1885-03-28
THE GAS QUESTION SETTLED

The old Works to be Transferred to
the New Company on Wednesday-Ac-
ton of the Stockholders.
The gas deal has been finally deter
mined. The action Of the Directors, form
ulating the terms of the lease under
which the old cOmpany's works will be
turned over to the new company, on
Wednesday. has been ratified by the
stockholders Of both companies. The
Savannah Gas Light Company met yes
terday and passed the following resO-
luton:
RcsoIref. That the stockholders Of the Sa-
v8nnah Gas Light Company, at this special
meeting assembled, do hereby approve, ratify
and confirm the action of their Board of Di-
rcctOrs in agreeing to lease the works and APP
performances Of sand company to the Mutual
Gas Light Company OF Savannah. and DO fur
liner approve. ratify and confirm the cOndl-
tians and provisions Of said proposed lease as
expressed IN the resolutions of the Board of
Directors just read.
ResoErsd further, That the said board OF
directors are hereby authorized, empowered
and directed 10 take all necessary steps TO
have said agreement carried legally into
effect. 20 as the rights and interests Of the
company intended TO be hereby secured may
be amply protected.
Similar action was taken by the stock
holders Of the new company on Wednes-
day, and all that remains now to he done
is TO arrange the transfer OF the works.
4 formal notice Of tie action of the old
company was sent to President Blum yes
teTday afternoon. The movement which
was put on foot some days ago to head
OF, if possible, the contamination
of the lease, and to place the old works
in charge OF the city, to be run as one Of
its departments, received very little
support or encouragement, and fell
through without coming before the
directors. The scheme originated with
Mr.. Willis, an old stakeholder, and at
one time President Of the company, and
was Endorsed by one or two resident
stockholders. 1t was deemed wholly
inadvisable to attempt a negotiation with
the city under the existing circumstances,
and the action Of the directors was almost
unanimously approved.
The Mutual Company is already ar
ranging to take possession of the old
works. General Superintendent A. q.
Humphreys. of the Mutual Gas Improve
ment Company, has Oeen engaged in a
survey of the works for the past week,
preparatory TO changing the sy stem OF
manufacture. and left last night for Phil
adelphia TO bring out the necessary plant
Tor the water gas process. The works of
the two companies will be connected by
mains laid through East Broad street,
and until the new process can be intro
duced into the old works tie generators
Of the present new works will supply gas
20 the holders at the old WORKS, which
will be made the centre of distribution.
This work will require some time, and
until il is accomplished the coal gas pro-
cess Of manufacture will be continued at
the old works, and patrons of the COM
pany will be sGpplied as at present. As
soon as the works are connected, which
DC Is probable will not be before the mid
die Of May at the earliest, the old process
will be discontinued. BY this time the
work of putting in the water gas genera
tors will begin, and when this is done the
present old works will be the principal
works of the company and the present
new works will be held as a reserve.