Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1901-03-25
IMPORTANT DEAL.
W. S. SpauIding Buys Union
Gas 4 Electric Co.
Understood that It Means Consoida-
ton Of City's Two Companies.
An Interesting Story Of Events Leading Up 10
the Great Deal.
g. Brann,

II "a
ui,rct..s sod rho urorortv of tho I-,inn
,;as N r-lo,ri.i,. ,.n ,nd II NJ under
stn,5 th.,t tb;e ,yiII moan I'M corso1i-
dation Of the t,yo electric comranies
now doing business in the city. Thu
deaI has been in progress since Fri
day. but thc parties concerned refused
L. talk for publication until SATURDAY.
when the trade was closed and all the
,,..,,a,, .i,rod Tbia tool, INA ,,o,ta,.
,La l.,
~, .,.,'i ,.,s ,,,,,.,,,., Ill. ,.o..
- ~, ,,,.,i,,l,1 ,,,,,;,,, -,
~, Sol, M I'M, r,,,,,,.,,,,. So. I'm
st... .r Till. ,.,..,,...,,,. i,.,,... rt,'.-,.,1
,,
80 s,a, ''Ir ''.',Ii
l'.-I.....'.-' ,.Ii ''.-f I'' sco nv
,,-.aa ,,-,,i1, ,,.tf.,,,...1 ,,.-,r,.Ii
fno- jnta,ae, I, III ,,,,,5,.rstnoa ,,,,+ il.
h.s received r,c.t,. .-ocI r,,. ro,. ,ho
linn. md b.,1 VOL. ho r.,s M, IN,
,,.. ,,t.i,,..s.. .t,,,..,,,.t, ,t,. -, Lii.
t-..
II
',,,.... - 1a,,i IN ~, 10 ,t,a, -.
No., s+r,,,,,r .,,J ttI, ,.,,,,,,te,., Ia
III IA water rr;vi1caae N, I'M AIose.I-
nrsL.. ,,hirb ,,,st,e orn ~ III fnost
,,...+,,. ,,,,,.,.,.s j., ~, c,,,a
RI r+..,.,. t,.,t,i.,a +t.;r5,o, :. ,,,,r
:..-...;...- -.
~ II,
'''
i'''V' '"' P'''S' ~ "N"N an
iiloil'A "EdIISt sum- y tbe oest Hilah-
clerS IT boston anu mas come OUT ~
iaSt on l'n 81 tue heap- MI 'haSe
Vas among the hrSl 70 recognize tue
opportunities oHeted py the httit
Slieam Win the fhs haihe- ns'u
never heeh luiiy deN eIopea aha,AsN
itali"eo VIVA '"uid pe uViie. MI NS a.s,
neSdI' u ''"i'S ~ pu.,itis oi.e ot ~.
unrest N'"ilt =" l'isssiil ~ ..s
power station i"iIoNea N suhe s.iine
and was htted up WIN the ufost ipuu
Crn electrical machineryA stock CONF
49,. 49,. III X t.>..,, ,,y.e,, MOOD 4
IdilS idH 'H'dii" '''i' s2issL - y = = II
under the name 81 the Union Gas d
Electric Co and Mr. ChaseFwas made |
.r ,,,,,- ,,-;+b -Nathauiay /
EtreIdl hii"aSc'' W." S.''9
Mcader as treasurer 1o'h eiiest zen
tlcmen have now resigned and ". >
y,,.,.,, .,,,a,.;r,a,dan+ ~ tho v-afeya I
'lin II n tn It'll lii Ill. 49,
vile N talrtleld halfway " Light w.
will act as manager of the purchased (.
,,,oDartv for tho nrnsent
II 'i'''S ~ ..,,es
Alter me pant hau neeh ilStafeu
and was doing business the most 1
nrocsinr mood was wafer There was
- 20 :. 81, l.
enough IN thc St'thih II ~ ''u'" -
controlled rs il is the outlet OF hre
chain Az IaI.nS - Mr. Chase began
. ,,,,. ~, ,,,i
III MS own Pul't way |" ""H uP
Vilcgc after privilege along up the me
through Oakland to the lakes. Few
lii: ... ,,.;, /, v.,r
iliSll uSt'd 1T ~ 10y
about complete So he had the adNah-
,acn In time he had control of the
H. .o,,,, obo,.a tis nIapt and
" 10y IT. c''' "'' II
ould handle the water 70 SUIT nlhlSci-
When All had been done the plant was
-,-.,,.,-,,.4.r,.,1 ~. ~ oxpa,+c ~ bo ono
. Nli"" t''@'" ~ '''
IF the finest III the state
The building itself contained the most
tnproyed machinery in the shape Of water
wheels ana electrical apparatus and It's
water supply was independent of all
weather conditions. DrouGhtS and fresh
ITS could alike he controlled. Eut to d.
this required an Incredible amount Of
lard work The ncuplo along the stream.
linking that their little mills were to b.
below. were naturally opposed to the
rlan. MIR Chase. however. met all ohiec
ions Some Of the mills were abandoned /
ma tho machinery collected in those thai
At Belgrade Mills, for in
stance. where there were three privileges
Wo were abandoned and the third alone
developed. \ grst mill. planning mill.
electric light plant. humping station and