The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1902-06-03
PRICE is NAMED.
Water Company Would Accept
S65O,OOO For Plant.
Proposition Submitted to City
Council Last Night.
GOES TO A COMMITTEE.
Divergent Opinions About Next
Move to Be Made.
The VinewoOd Acceptance Will
Be Investigated.

following communication was received
from the Topeka Water company;
referring to a resolution passed py /
the CITY council on April rs. 1907, IN
which the sum Of s550,000 was named as
the price which the city might pc VII
ing to pay for the property OF the L.
pekas Water company, I am authorized
bv Mr.. Charles F. Street, president q
the company. to say that the oAeelols
of the company will recommend 70 ~ ~
bondholders to accept the sum OF $60o'OVo
for the property
Very respectfully yours
u. W. O'NElL,
General Manager
The time limit which the city set on
the aceeptance of its $550,OO0 oIIer nav
ing expired on June 1, the propoSltloslA .- y
the water company comes IN the AOA4A'
of an entirely new deal
The council first voted last night 10
file the communication. This is one Way
of saving ''pigeon-hole" the comInuhl-
cation. Later on the council Voteu -, ~
refer the request to the water" OihS
committee and thus keep the spark OF
life IN it alive.
The counciImen hold quite divergent
opinions as to what effect this new OilSL
will have on the situation A reporter
for the State Journal talked to eacn OF
the IL councilmen present at last night >
meeting relative to the new proposition
and secured the following opinions
bv the company is too high. The city
J. ". Blossom don't believe the
city can be induced to pay the price Oe-
manded by the company.
Joseph Csriley-"It is possible the city
might compromise on $500 600. II It was
my private business affair DelleVe lhels
| 1 would grant the company new IRAN
/ chise provided it would agree to re-
| duce rates Is per cent
r. b Snyder-"I don't care to say
anything about the proposition Just
George Neil-"Trhe attitude Of the
1 council on the company's offer shoutd
/ depend on what the people Of Topeka
want It will cost $l,gO0VOO 70 get ne
plant into good order if we have 10 pay
| the price demanded by the company
i On compromise we might be able %
secure a big reduction in rates.
G V Wolf-''The price set by the
| company is too high. I would be IN
| favor of granting the company new
/ franchise provided 1t would make I'D
eral reduction in rates. Either thah OF
! start our fight on the company.
w F. Weber-"The city will never
nav S650,0O0 for the water plant with ms
consent. We offered the company $780,
600 too much when Slae ao we e set the price "'
n S Nichols-"We should go care
fully and try to take the proper course
I feel certain that the city will not pay
the sum demanded by the company :,
Samuel T E1OWe='sAs I look at It
the city council is pledged to oaty owner
ship. We were elected on that platform
and ought to stand by 1t. My persona
views are the same they have Away
been: namely, that the best way Is e
regulate rates and let city ownership
G. A. Swendson-'I don't think tina
the city will accept such an offer
don't believe that the people wouh
stand for it But it shows desire o.
the part of the company to sell"
George Tincher The proposition
should be carefully considered. It ma,
be that the company's offer viii lead I
a compromise"
VINEWOOD TOBE Inv ESTIGATED
The city council decided to inveSti
gate the String which the Vinewoo'
Park Railway company has tied to 1t
acceptance of the franchise. as descrlb
ed in Monday evenings State Journal.
When the acceptance of the cOmpan.
was read to the council last might
Councilman Bergundthal arose an
S | said:
: Il believe that there is somethin
( wrong with this acceptance. don
S quite understand the effect Of that pro
test which the acceptance carries wit
II It. It may be that there is some lega
erect of that protest which we can
/ understand. It may be that 1t render
invalid in some WaY the terms OF IN
acceptance or Of the $4,000 bond Wnic
the company has put up. I think "
should be sure what we are doing befor
a we approve this acceptance
Mayor Parker stated that the city a.
torney had examined this protest IN II
K acceptance. and held that as far as
: could see. it would not AFFECT the valid
J. ty of the acceptance
Councilman Nichols moved that II