The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1899-07-06
CONSOLIDATE.
KENOSHA LIGHT & POWER COMPANY
AMENDS ASSOCIATION ARTICLES.
MAY BUY OUT GAS COMPANY
They Have Secured an Option on the
Plant and the Amendment to Charter
Authorizes Them to Use Both o.
Them-Capital Stock Doubled.

The Kenosha Electric Light and
Power Company this morning filed
with the County Recorder an amend.
ment to their articles of association
which shows that they are planning to
make some very large improvements in
the business which they are now carry
lug on in this city. The amendments
to the articles are in two parts. The
first part is to change the powers of
the association, while the other is to
make a change permitting thecompany
to increase their capital stock to
$4,000. In the past the capital stock
of the Company has been but $50, 1000,
and this increase will make it possible
for the company to more than double
their present capacity. The second
article of the amendments is even more
interesting. According to this article,
the powers of the company are greatly
increased. Under the amended arti
Giles the company is empowered to
not only run a plant for supplying
electric light to consumers, but they
are also given power to construct and
operate heating plant in the city for
the supplying of heat and power from
steam or hot water to all parts of the
city. Also power to purchase, lease
and operate docks and to buy or con-
solidate with any gas company now
doing business in the city.
The President of the company, W. 81.
Schott, was not able to be seen as TO
the plans of the company under the
new articles, but one of the attorneys
of the company was seen and stated
that the company was not as yet ready
to state what improvements would be
made in the plant now operated by the
company. The attorney stated that
the increased business of the company
had made it imperative that the plant
and the business be greatly enlarged
and that in the near future the com
pany would announce the plans for the
extensions.
The first action which will be taken
by the company will be to call in all
old bonds which were issued to secure
the building of the old electric light
plant. These bonds will be taken up
by the issue of consolidate mortgage
covering the franchises and plants of
the company. This mortgage will
cover both the lighting and heating
system.
The pipe for the construction of the
heating plant will be here next week
and the work of putting in the system
will begin at once, in order that it may
be completed, if possible, before cold
weather. Mr.. Schott has guaranteed
to consumers that the plant will be
ready for operation the latter part OF
September, or at the farthest, the first
of October of the present year.
The clause in the articles as amended,
which refers to the purchase of the gas
company's plant, will be news to nearly
all the people of the city, but it is re-
ported that an effort to make such
deal between the two companies has
been in process of contamination for
some time. The Electric Light and
Power company have an option on the
works and franchises of the gas COM
pany and the deal may be closed at
any time. Tt is understood that the
new company will pay $1,000 for the
rrOnortV Of tho 6roc 0Ornnonu
Both companies have been doing
splendid business in Kenosha and
much competition has been growing up
between them. Several weeks ago the
two companies got together and an
alliance was proposed. The plan was
at once made for the Electric company
to take charge of the entire business
and the option was at once given at the
price stated above.
The plant OF the Kenosha Gas com
pany is one of the most extensive in
the state. Their mains have been laid
on nearly al the streets of the city and
the consumers are numbered by the
thousands. Last year the company
put in gas for fuel and the business in
this line has increased until now it is
one of the main branches of the business.
Among people who are we'll acquaint-
ed with the business of the company
the price named for the transfer TO the
Electric Light company is considered
q reasonable one. 1t is not known
when the deal will be made, but it will
be completed before the close of the