The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-12-05
TO The NEW COMPANY
The Montana Power Company Is
Transferred.
T MAY MEAN ACTION
In a Few Months the Wires May Be
Bringing Electricity and Power
From the Big Dam to
Butte.

deed upon which were plastered
$1,715 worth of war revenue stamps was
filed in the clerk and recorders office
of this county yesterday by Attorney
r. L. Clinton. BY the terms OF the
deed all the property of the Montana
Power company is transferred to he
Montana Power Transmission comp,l-
ny, which is incorp grated unde- the
laws of New Jersey. The consdera-
ton named is $l,775,0O0. and the date Of
the transfer is Nov. s, 1859. The stock
holders of the company met on the Sd
and 4th of last month and at that meet
ing the transfer was agreed upon.
For some time the company has been
in an uncertain state as regards
finances, and last year at this time it
was supposed that it's affairs would
within couple of months be in co1idi-
ton to warrant the connection of this
city with the electric power plant at
the big dam on the Big Hole. Here an
immense amount Of money has been
expended in the construction of dam
and the placing Of electric generating
machinery. the plan being to supply
Butte with electric power and light.
Spring came and with it the June
frosts; then the dam was put to the
test. A mighty volume Of water pour
ed over its crest and the strain was
enormous. Still the dam withstood it all
and the stockholders, contractors and
people generally rejoiced over the sue
cess Of the structure.
Instead Of stringing the wires to the
poles, which had been set all the way
tc Butte, the company seemed to be in
state of rest. Nothing within the
observation Of the outsider was done 70
show that this city would be connect
ed with the big generators this year
AS stated, the company met last month
and agreed to reorganize. This much
Shnwf1 lpH
Clinton, secretary Of the company, told
reporter for the Standard yesterday
that there was oth:nS to give out as
to the plans of the cor Eany. He pro-
fe;sed to know nothing. 1ther stoc.-
holders in the company were visited.
bur they either knew nothing concerto
ing the future intentions Of the COM
pany or were reticent for cause. Re-
ceiver T. +. Sterling. who has managed
the affairs of the company fer more
than a year, is out of tne city 1t is
the general impression in this city that
the transfer means the required amount
Of money with which to carry on to
completion the work now under way
and that within a few months wires
Will be bringing electricity from the
big dam into Butte.
The deed transfers the water rights,
rights Of way, franchises, grants, cleo
trical and mechanical appliances, Sc
SoAitiSs, eialiliS, IEai SHtile anu pldtcl
claims, as follows: Aurum, in Beaver
head and Silver Bow counties 4614
acres; also 5000 acres on the Big
Hole river in same counties; Rattle
snake placer, 1888 acres in Silver Bow
county; Turner placer, 1914 acres in
Beaverhead and Silver Bow counties;
Power placer, 10S 81 acres; Montana
placer, 151.68 acres: County placer,
1874 acres; Wise River placer, 1860
acres; North Fork placer 1885 acres;
Alexander placer, 141.24 acres; Xerxes
placer, 1860 acres; Marathon placer.
1858 acres; Pericles placer, 1891 acres;
Alpha placer, 1864 acres: Thermopylae
placer, 1888 acres; Omega placer, all
unorganized mining district in Beaver
head county.
The deed is signed by c. P. Mcleod,
president, and r. L. Clinton, secretary.