The Montgomery advertiser., 1902-12-09
INTERESTS CONSOLIDATED
W. F. Vandiver Talks 01
 TallaSSee Falls Plant.
New Company Has Ample Capital and Increased Power May Mean Greater Development of ln-
 dustrial Mntgmery.

Having satisfactorily passed the thirty days of sInerimental operation required by the con tract the imense water power plant at fai- Iassee will today be transferred to the oper- ating company by the contractors ana Moh. gomery will henceforth be provided with eiec- trical water power.
 Simultaneous with this announcement comes ,h. .,atement from MT. w F. vandiver that the interest of Emerson. McMiilan & Co. or New York which firm financed the Talassee Falls power scheme. and the property oi 'no Montgomery Light and Power Company nave been merged. The consolidated company Wnicn is to be known as the Montgomery Light ana Water Power Company. has been chartered under the New Jersey laws and Will assume active operation of the water power plant on Jan. l.
 This new company has an authorized capi- tai stock of g. ooO 900 and is authorized to 's- sue S. 900, ,ooo of bonds.
 MT. Vandiver Talks.
 Mir. yandiver, who has just returned from New York, where he spent five weeks, talked interestingly yesterday of the plans of the con- solidated company in which he Is interesteo'
 'The Montgomery Light and Water Power Company has been formed" said Mr. VanoiVet' by merging the properties of the Montgomery Light and Power Company and the Mont eomery Water Power Company. The former is a steam plant with equipment all over the city and the latter is the big water plant at Tallassee constructed by Emerson' Mcmiii9hi & Co. of New York
 ..Tha orfic.rs of the new company have not yet been elected, and 1t will not take active charge sf the properties until Jan. l. E. $: Maultsby of Montgomery will be secretary ana A. Lincoln Eglinton of New York will De as sistant secretary. Mir Eglnton will not come to Montgomery. The Board of Directors will consist of Mir King of Jersey City. Emerson McMillan Colonel H. B. Wilson, Mir. Mahoney and Mir Scoville of New York; F. s. Hamii- ton of Baltimore and F. M. Billing, 5. Roman H. c. Davidson. R. M. Henderson and my self of Montgomery.
 The Montgomery Light and Power Coui- pany will operate the Tallassee plant until Jan 1 when the company will go into commission.
 Total of 7,5oO Horse Power.
 ''There is from 4.5oo to 5000 horsepower to be developed at Tallassee and the steam plant of the Montgomery Light and Power Company has a capacity of 5000 horsepower. giving us a total of about 7.5O0 horse power. We expect to sell a great deal of power for the industrial development of Montgomery and to make the price so low to make 1t an inducement TOT industries to locate here. It will. in fact not be a question of the price of power to secure these industries, because we will make term: to suit them If they want to come. We neee manufacturing enterprises in and about Mont gomery and so Sar as cheap power is concerned the question is settled by the successful op erauon or the IanaSsee rdile pihnt Street Railway Power. will the new company furnish power fol the Montgomery Traction Company ''Yes, sir. we have contract to do SO How about the Montgomery Street Rail- way?"
 q can't discuss that now" And Mir. Van' diver smiled.
 MT Vandiver than talked again with snthu- siasm of the development of Montgomery by the great water power plant
 "The power at Tallassee," he said' 'is al the command of the industrial interests oi MontRomery I mean to say that if Mont ronnery will take 1t cheaply for industries we will sell 1t and utilize our 5000 steam horse power plant in North Montgomery for street railroads, fans. etc., during the day, using the water power at night when factories close down.
 .our equipment is such that the power ca pacity may be increased as demands are made upon it."