Arizona republican., 1893-12-15
The Electric Light Com
pany'S Affairs.
A Cloud on two Hartford
Bank Deposits.
The Preliminary Examination
Deferred Till Jan. 8.
A Statement by Mr.. Franklin Hall
at Whose Instance the Mana
ger Was Arrested.

The arrest of E. H. Hitler, vice presi-
dent and general manager of the Phoe-
nix Electric Light and Power company
was the chief subject of conversation
yesterday. His preliminary hearing
will not take place until January 8.
His attorneys say that they will require
week or more to prepare for the hear
ing and the district attorney is unwil-
ling to take it up during the holidays.
The preparatory investigation on the
side of the prosecution will necessarily
involve a great expenditure OF labor
and time, as it will have to be carried
into the affairs of the Hartford bank, or
so much of the banks affairs as are
connected with those of the light and
over company. 1t singularly hap
pens that the proceedings so far have
been founded on no information gath
cred from the books or accounts of the
Light and Power company. which have
not been accessible to Mr.. Franklin
Hall, at whose instance the warrant of
arrest issued. Though the investIga-
ton was attempted nearly two months
ago he has been una BILE to see the books,
having been informed from time to time
that they were not yet written up. The
examination of the books, papers and
accounts with the company can be had
only by due legal process.
The arrest was made on Information
furnished by Mr. Hitler himself, in his
semi-annual report to the directors,
made on October l, and that report was
what precipitated the investigation.
Mr.. Hall is thoroughly confident
OF the ground on which he stands and
expects to acquire more, equally solid,
when the examination is fully opened.
Before proceeding farther with the
story OF the arrest, matters will be sim
plifed by brief statement of the early
affairs of the company. It was organ
lied on April l, with a capital stock of
100000, distributed as follows: D. D.
Mallory, Baltimore. 500, 800; President
Killum, Rochester. N. Y, $4,000; E.
G. Root. Denver, $4,000; E. H. Hitler,
500, 800; Will Pitcher, $22, 800.
The rest of the stock was distributed
among local stock holders among whom
were Judge Alexander and W. A. Bis
sell who were also directors.
An issue of bonds amounting to $780,
900 was voted. All these bonds except
$4,000 have since been sold so far as it
is known by any one outside the COM
pany. at par. The holders are d. D.
Mallory $4,000, a Mr.. O'Hagan Of
London, Eng. $4,000 and Will Pitcher
$1,000.
The plant of the old Phoenix electric
light company was purchased at cost
of $40 900 and Improvements were made
whose cost as shown by Mr.. Hiller'l
semi annual report was chiefly repre-
sented in floating indebtedness of $12,'
600 on Oct. l The report also shows
that the monthly receipts of the COM
pany up to that day were about 81 ,25(
and that it's monthly running expenses
were slightly less about 81 200 though
il was predicted that more prosperous
season was then at hand.
The report is also catalogue of mis-.
fortunes encountered by the manage
ment beginning with its organization.
The first was the inefficient service
OF the old company, dilapidated plant
the high price of the service and 6
general discomfort of its patrons. Or
top of this came rumors of the organi.
cation of new companies but the crown
ing disaster was the late municipal
election. concerning which the report
says:
Unfortunately for us, P. J. Cole, vice-presi
dent of the Phoenix National bank was elected
mayor who with Jas. A. Fleming, president O.
the Phoenix National bank and others being
disappoInt ed in getting control of the old con
Germ 0he old electric light plant) for which
they offe red $4,000, favored the Gardiner fran
chise to our injury as far as possible.
The report then proceeds to the cir