The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1897-01-08

of the court which sets out the terms
of the compromise in detail:
In the District Court of Allen county, Kansas.
The Allen County Gas Com
psny, plaintiff
The City of lola and the
lola Cooperative Gas Com
pany, defendants.
JUDGMENT AND DECREE.
On this the 5th day of January, 1897, this
cause came on for further hearing, the plaintiff
being present by C. Z. Benton and A. II. Camp
bell. its attorneys, and the defendants, The City
of lola and The lola Cooperative Gas Company
being present by H A. Ewing and C. s. Ritter,
their attorneys and the court having heard all
the evidence in the case and being advised of
all the facts in said cause and of the agreements
by and between the parties to this action, does
| by agreement and consent of each and all of
said parties find, order. adiudge and decree as
follows to wit:
| !. The court finds that the natural gas plant
and all wells mains, pipes. real estate, franchis
es rights, privileges. leases and contracts own
ed and held by the plaintiff, the Allen County
Gas Company, are of the value of twenty two
thousand dollars, $4,000, and that the gas
plant and all the gas wells. mains, pipes, real
estate franchises, rights, privileges, leases and
contracts owned and held by the defendant
The,Ios Cooperative Gas Company. are of the
value of eight thousand dollars. (SS,OO0O0)
.. The court further finds, adjudges, orders
and DEGREES, that the Allen County Gas Com
/ a. LII
Company and that all the rights. privileges and
franchises conferred by ordinance number 26s
of the said City Of lola, which ordinance is re-
terred to and made part of the petition herein,
are owned by the said Allen County Gas Com
pany. and that said ordinance WAS duly passed
by the Mayor and Councilmen of said City of
! lola
| That in order to fully protect the public
interests the court further finds, orders, adjudg
es and DEGREES that the defendant the City of
lola, shall have the right to take the aforesaid
natural gas plant, gas wells, mains, pipes, real
estate, franchises, privileges, leases and con-
tracts, and all improvements and extensions of
said plant at any time within two years from
the date of this judgment and decree, upon pay
ment to the then owner of the same of the sum
of thirty thousand dollars, $50, OOOOO, together
with such additional sum as shall be necessar-
lily expended in repairing, improving and eX-
tending the said gas plants and property prior
TO the time said purchase shall be made.
f. The court further finds, orders, adjudges
and DEGREES that all the said property. gas wells
mains, real estate, franchises, rights privileges,
leases and contracts owned and held by the
said Allen County Gas Company and the said
lola Cooperative Gas Company be merged into
and owned and held by one Gas Company. its
successors and assigns; that in furtherance of
said object and for the consideration hereinaf-
ter mentioned, the court finds orders, adiudges
and DEGREES that the said lola Cooperative Gas
Company shall convey, transfer, assign and set
over to the lola Gas Company hereinafter men
toned on or before the first day of February A.
ID. 1897, its natural gas plant and all natural gas
wells mains, pipes, real estate, rights privileg-
es franchises, leases and contracts; that so soon
as may be and before the first day of February,
1897. the charter Of said Allen County Gas Com
pany may be amended, in the manner provided
by law. so as to change the name Of the said
Company to The lola Gas Company. and to in
crease the Capital Stock Of said Company from
four thousand dollars. Cs4OOO.OO, to six thous-
and dollars, 100000 divided into three thous-
and shares of two dollars $500 each; and that
the said The lola Gas Company shall be the
successor of the Allen County Gas Company
and shall be the owner Of all the gas plants,
mains gas wells, pipes, property, franchise,
rights privileges. leases and contracts of said
Company; that after said amendments and con-
veyaRce, transfer and assignment mentioned
herein have been made said lola Gas Company
shall issue its stock to the stockholders and |
owners Of the StOpk n no OIL
Gas Company, and the lola Cooperative Gas |
Company in proportion of twenty two shares of
stock to the stockholders of the Allen County |
Gas Company and eight shares of stock to the |
stockholders of the lola Cooperative Gas Com
pany; that all the Indebtedness of the lola Co. |
operative Gas Company contracted prior to the |
first day of February, 1897, shall be paid by said
Company and its present stockholders; that all |
the Indebtedness of the Allen County Gas Com
pany contracted prior to the first day of Febru-
AIRY, 1897, shall be paid by said Company and its
present stockholders: that each of said Gas |
Companies shall distribute and deliver to its
according to their respective in
terests the said stock issued by the said The
lola Gas Company for their benefit.
il is further ordered, adjudged and decreed
that the maximum prices 10 be charged by the
said lola Gas Company, its successors and as
signs, for gas furnished by it to consumers in
the city of lola shall be as follows, to-wit: One
dollar Q.O0 per stove per month for all stoves
used in private dwellings Tor domestic purpOs-
es, but second stove in private dwellings, when
cock stove is used, shall be six dollars $500
per year. For Welsbach lights, size "A" in
private dwellings the maximum price shall be
ten cents per month for each of first two LIGHTS
used in such dwellings, and five cents for each
light The amount charged the City
Of lola for street lamps shall not exceed the
sum of twenty-five cents per month for each or
linary fish jet burner. The charges for light
used by the said City in its city buildings shall
be the same as charged private consumers