The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1891-05-09

iusiens Adopted Against the oxy-
rsydrogen Company.
The meeting OF the Board OF Trade
nailed for last evening was well at t
tended, and considerable interest |
shown. Daniel w. Taylor presided, |
and stated that the meeting had been |
called for tho purpose OF considering |
the following resolutions;
ssWherens, Considerable objection |
has been made by the Street and Sewer |
Department Of the city OF Wilmington,
Delaware, as we'll as by n number OF
seitlzens of said city, to the laying OF
pipes In the beds OF the streets by the
Oxy-Hydrogen Company, a corpora
tlon of the State of Delaware. for the
purpose of distributing gas manufac-
tured by the said company; be I'll
Resolved, BY the Board OF Trade
81 the city OF Wilmington that it is
tho sense of this organization that
said company should be allowed and
permitted to use the streets in said city
Tor laying pipes for the purpose pro-
pided by Its charter provided, how
eycr, that tho streets OF said city are
left by said company in the same good
order and condition In which they were
found, and
Resolved further, That the Street
and Sewer Department should grant
tho required permission to said COM
pany Without any further legal con
froyersy.n
TO bring the subject before the meet
Ing Mr.. Clerk moved the adoption Of
tho resolutions.
Nh. Bush however, offered the follow
ing az q snbstitute:
Whereas, 1t has come to the llnowl-
edge of this board that it is the inten-
tioi of a certain association or COM
pany called THE Oxy-Hydrogun Com
pany OF the State Of Delaware TO open
and excayate the streets Of the city of
Wilmington for tho purpose of laying
gas pines therein without the consent
OF the duly-coEstituted authorities of
said city;
therefore, Resolved, by the Board
OF Trade Of the city of Wilmington,
Shat in the opinion of this board the
opening and eXUlvating OF the streets
OF said city by said association or com
pany, for the purposeaforesaid, would
DO Injurious to the health OF the peo-
Pile and serious interruption to the
ofuiiary and proper use OF such
streets, and would not DO attended
with any public benefit whatever.
SECOND. That the experience of
ether cities justities tho opinion that
The establishment in the city OF Viii
nangion Of an association OF company
81 tho character OF the said Oxy-Hy-
drogen Company would result in Its
consolidation with the older company,
Aiicliii.uS increase vi capital stock and
Bonded Indebtedness, and cores
pointing Increase in the price of gas,
Fhird. That the action OF the Board
OF Directors OF the Street and Sewer
Department, III opposition 10 the sud
unlawful aud Injurious uso of tie
meets of said city by said association
OF company. is hereby cordially up
X proved"
IN advocating the adoption OF the
resolutions Nh Bush said there We're
no doubt numbers pe snt who re-
neirlb rsd thlt n few years ago wheI
thAre was a general excavation of tn,
Ere Fts for the purpose OF laying wat
or pipa5 it was followed by ali cpl
crmic o. typhoid fever He also al
A1iied to the experiences OF other cities
on the gas question.
Rochester In 1889 had population
Of I2S, 90 and had three gas companies
One company offered TO sell gas at !!
cents per 1000 cubic feet Another
went down to 90 cents, In u shor
ssme they combined and put gas K
&l.B0 per 1000. Rochester coinpaniei
sold over go COG, 600 feet TO Whining
tons 0D.O3J 200 and get $l.60 wa
charged against 5l25. In Reading thi
Standard oil Company started oppo
sston To the loeal company and TIL
consequence Is that gas sells in Read
ing al go 10 81 10, In Jersey Cit,
the price of gas has Increased TO !. i.15
SEeh hts Leen the experience oil al
cities.
Mi. Stone also favored the resolu
a Il i,nf h., IA
this case OF competition, AS ne he
iieyed it was Mr.. Addieks' intention t.
drive tbs old company TO the wall
emil then iaake tho people pay what h
Ehpnsn tn charge foi iliniI gas.
DR. Buck. Mr. GleHeer. Mr.. Field All
General Po5tlcs also spoke In fayor Q
she ahoption Of the resolutions. Nj
Field inquired of Joseph l.. Carpenter
Pr. II iae would explain the difficult
between the street and Sewer Golnmii
sion, and the OXy-llydlogen Goulpan
when Mr.. Carpenter replied that til
ely could not aituEd To Hllow..aHyGn
to tear up the streets. 1t cost $40, 6t
10 place Ma ket street in the eondit 0
It now is. and If ii should be torn u
Ut would take ten years TO bring it bac
30 the same condition. Mr. Addiek
had told him that lle wanted to puI
chase tho plant OF the Wilmingto
Coal CHS Company
MIR Stone asked George $. Capell
vice PRESIDENT OF the Wilmington Coz
Gas Company, to make a statement
what he kunws of the matter nj
Capclle said that his company has no
thirty-ii miles OF gas pipes and q
ways pulls In now pipes When nesde
Recently 1t run pipes 10 The Mt. Sale
N. l.. Church, although tilG work vi
not be paid for In receipt FOL ten year
Mr.. Addieks recently, Mr., Capelie sal
had telegraphed to Mr. Belts, u
president of the company, and himse
70 meet him They met him. NJ
A6dicks said that this contest mig
IS well stop. The local men ieplii
that all That was desired wns to be
alone Addicks said that he Won
like to buy ont that local company,
He was asket on what terms He
piled that the capital stock of the co.
pany was. in round numbers, $4,000,
He would increase It to 81 ,GGu, eco,
would issue he said, $500. 000 In 5 +
cent, bonds, and the remaining 800
600 In stock. To each one who own
8l00 of stock, he would give sl00 w0r
Of new stock and 300 in bonds III
he would have disposed OF sS0o,oOD
tho new capital When asked what
would do with the remaining s400,0
he replied that he would keep it hi
self. Tho interest on the whole ca
bal, he said, could be 5, or per &c
am. When asked how he would ma
ehe stock pay that rate OF interest, !,
Eaid he would increase the reyen
When asked how Addicks REMIT