Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1889-11-29

Pursuant 10 call n citizens meeting
was held last Friday night aL the
town hail. There was quite a largo num-
Der OF citizens assembled for the pur-
pose of discussing the best manner Of
adjusting natural gas matters. Mayor
Bowers was called TO tho chair and N.
L. Hanson elected Secretary. The
chair upon assuming charge of the
meeting announced the object of the
gathering and called for expressions Of
opinion on the proposition offered by
tho Northwestern Co. Tho Secretary
was then called upon to read the pro-
position and complied. The proposi-
ton is as follows:
N. L. HANSON, ESQ, Perrysburg, o:
DEAR SIR The proposition of the
Northwestern Ohio Natural Gas Com
pany is this:
We will pay $40, 800 for that part of
the plant North of the Railroad, being
that part OF the plant purchased from
the Toledo Company with all additions
made TO IL, North of Railroad and the
feed line, as explained, or
We will pay $4,000 for the whole
plant, conditioned in either case, upon
the passage by the Council of u street
ordinance for piping the streets and
maintaining the pipe lines therein,
and price ordinance fixing the price
TO be charged Is cents per Thousand
feet meter measure, less y cents per
thousand feet for payment before the
10th OF each month, for five years.
The village of course to take such
steps as are necessary TO rest the title
in the company to the property bought
as our attorney decides necessary.
Yours Truly,
JOHN II. DOYLE.
After the concl lesion of the reading
the chairman stated he was strongly
in favor of accepting the proposition,
believing it the best thing to be done,
rs our own wells will not furnish suf-
ficient gas to be of any practical benefit
to the town.
Mr.. Boetsch then suggested that the
plant be divided and the part south of
the railroad be supplied by our own
wells. The Mayor quietly suggested
that il Mr.. Boetsch lived on the south
side and had to warm his shins with
the products of our own wells, he
would probably think differently. The
question was then cusscd and discussed
for short time. Mr.. Hanson stated
that at the last tests Of the wells, recently
made, there was enough gas for about
125 stoves but if the pressure continued
to decrease as it had been doing during
the past three months, it was doubtful
If there would be sufficient gas to supply
this number Of stoves with n four ounce
pressure during the entire Winter.
Mr.. Hollenbeck said, he was doubtful
as to the propriety of selling, as he
was in hopes outside capitalists might
be induced to come here and, purchas-
ing our plant, would construct line to
the gas fields and we would thus be
furnished gas at better rates. He
would rather do without gas the re-
mainder of the year, hoping something
batter might turn up by Spring.
y few hours were thus consumed in
presenting the views of different ones
upon the subject. II was finally decided
by vote to authorize the council to set
date for IL special election and allow
the people to express their choice by
means of the ballot, after which the
meeting adjourned.
The meeting was very orderly and
no bitterness or ill feeling manifested
on either side.
The JOURNAL still holds to the
opinion expressed two weeks ago, that
1t is best to sell, there being, at
PRESENT, no indications of anything
b,ttcr Offering. We can receive SIS, 900
cash for the town plant; the line from
town to the wells can be taken up and
sold at fair price, (variously estimated
at from $1,000 to $l0,OOO) and this en-
tire amount If applied toward paying
our Indebtedness, will leave us with
but small debt which will not be at
all burdensome, and will require but a
slight increase in our taxation. Could
anyone present anything which would
be o more favorable prospect for us
we would be ready to accept it, but as
yet We are unable to see any hope OF
better way out of our situation.
The Northwestern will have gas to
sell as long or longer than any other
company or corporation in this section
or in Ohio. A new organization would
have this difficulty to contend with.
All available gas territory is owned or
controlled by the Standard, or what
small amount OF land that is not leased
or controlled by them is surrounded in
such way that the life will certainly
be drained from it. II We hold on to
our gas plant with the prospect of
better turning up, of which
there is not the least probability, the
plant will necessarily depreciate in
value to such an extent that there will
bo no sale for it at all, and in the mean
time We must prepare to meet the in-
crest on bonds and be without gas at
.he same time. The bonds must be
met whether we have the gas or not,
and it will be no easier to meet them |
without the gas than with it.
AT special meeting OF the village |
souncil the Mayor was authorized to |
ssue his proclamation calling for n
special election, to be held at the coun-
Ill rooms on this friday afternoon be-
'ween the hours OF l and 0 o'clock,
or the purpose OF getting an express
ion of the people regarding the accept
NEE OF rejection OF the proposition of
hc Northwestern Natural Gas Co.
Let every voter come out.
a fire brook out in one of the
still houses OF the Standard Oil COM
pany's refinery, at Lima. last Monday