Ellsworth American. [volume] (Ellsworth, Me.) 1855-current, 1902-11-19
LOOKS LIKE SURE THING
STRONG BOARD OF DIRECTORS
OF POWER COMPANY.
ANOTHER sTsP TAKEN IN THE MOVE
FOR DEVELOPMENT OF WATER
POWER ON UNION RIVER.

Industrial matters are progressing.
The latest step taken in the movement
towards the completion OF the power
plant In Ellsworth was the selection late
last week Of the permanent officers Of the
Union River Light. Gas a Power Co.
Following IL . Est OF these officers:
President, wsltsr N. MCGEE, OF the
Standard OH Co., N. T.; vice president,
Elias .. Clifford, banker, Boston; directors,
Eugene Hale, United States senator, Els
worth, r. w. Ayar, president Second
national bank. Bangor, Thomas A. New
FMS, banker and director Eastern Trust
Co., Of New York, John 8. Sanger, New
York, l. L. Halmsn, president Hancock
County Railway Co, Boston.
This list OF officers will, when tho
proper formaiities are gone through with,
take the places Of the temporary board
that was elected at the time OF the organ
izstton OF the corporation. These officers
were: President, A. Wendell jackson,
New York; vics-prcsident, John 8. San
ger. New York; treasurer, I. l.. Halmau,
Boston; CLERK, IL. NJ. Hall, Ellsworth; di
rsctors, A. W. Jackson, J. 8. sagner, /. l..
Haimsn, J. G. Long, J. A. Leonard.
The consummation OF this scheme Is OF
the utmost consequence not only to Els
worth but also to this section OF eastern
Maine. It means first OF all the develop
ment OF q water power on Union river
with minimum capacity OF 1000 horse I;
and the placing upon the market for
manufacturing purposes of power, the
demand for which is growing with won
derfui rapidity.
PROPERTIES TO BE ACQUIRED.
The scheme involves not only the acqui-
sition OF the -four lower dams on Union
river. and the property along the river
sufficient for storage purposes, but also
other properties OF even more conse-
quence. Options have been secured on
the property OF the Ellsworth Electric
Light Il Power Co., and that OF the Bar
Hsrbor Light Co., and the acquisition OF
other valuable plants is under advisement
The deeds of these properties have al
ready been, or abou, to be, deposited with
a trust company in Boston, to be turned
over to the power company as soon as the
money from the sale OF bonds Is turned
over.
PLANS COMPLETED.
The plans for the erection OF sixty
foot dam near the site OF the lower dam,
aud also those OF storage dam near
Brimmer's bridge are practically COM
pieteo, and work may begin Immediately
upon the acquisition of the properties.
Plans for power house where electric
power Ia to be generated are also drawn.
From this power. house may be trans
United power, with an sstonishingiy low
percentage OF loss, to any point where It
may be needed-io Bar Harbor, Northeast
Harbor. Backsport, Brewer and elsew here
When II Is understood that the pro-
posed electric railway between Ellsworth
and Castine, when built, Will consume
but 700 horse power, it will be seen that
the remaining powers 800 horse power
means great deal; it means that that
amount Is still available for use either
neas the source OF supply or at distant
points, for use In manufacturing.
A MARKET FOR POWER.
The question has been raised as to
whether there is market Tor 80 large an
amount OF power. A sufficient general
answer to this very reasonable inquiry is
that men who undertake to produce goods
are pretty apt to know whether or not
there Is market for them, aud to know
also W here that market Is.
Ii Is now confidentiaiiy believed that
the plans 30 long discussed relative to the
realization of the water power on Union
river, will msterisiize. The Importance OF
the undertaking to Eilsworth's industrial
future is very great, and the keenest
interest Is being taken in every step In
the proceedings.
xg.s.a Do.tnI