The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-05-01
The Old Gentleman Has Gone to Cali
fornia and May Decide Not to
Return to This City.
MEETING OF STOCKHOLDERS
THE OLD BOARD OF DIRECTORS
UNANIMOUSLY REELECTED.
Nothing Done to Interrupt the Present
Plans for Extensive Improvements
to the Plant.

Gen. Thomas A. Morris notified the direc-
tors of the Indianapolis Water Company at
their annual meeting at the offices of the
company, in Monument place. yesterday.
that he would not serve longer as president
of the company. General Morris Is now
ninety-two years old, and has been presi-
dent of the company ever since its organiza-
ton He was elected president on Nov. II.
1881. The directors of the company received
the notice with profound regret. The office
was not filled, and probably will not be
filled until next fall.
Milton A. Morris. who has been secre-
tary of the company for several years. also
retired. He will be succeeded by H. NICK.
Landon. He will soon join his father in
California. The retirement of the Morrises
does not mean the sale of their interests
in the company. General Morris is heavily
interested in the company.
General Morris left yesterday for Califor-
MIA. He has purchased property near San
Diego and will spend the immediate future,
at least, in an effort to recuperate his
health. 1t is likely that he may not return.
His daughter, Mrs. Chambers. accompanied
him. General Morris, Notwithstanding his
advanced age, Is possessed of active men,
talfty and strong sight, and until two years
ago was an inveterate hunter and an excel
lent wing shot. He took his shotgun with
been beer, enfeebied, and he has moved about
with much difficulty. But for this he Is
hale and expects to enjoy many years of
active life.
STOCKHOLDERS MEETING.
The meeting of the directors of the COM
pany yesterday was preceded by the annual
meeting of the stockholders. Nearly all the
heaviest stockholders are C. H. Payson,
of Portland. Me-, E. p. Kimball. of Ports
mouth, N. H. and General Morris. Payson
and Kimbar own about 65 per cent. of the
stock and bonds of the company. The
stockholders elected the old board of direc-
tors, as follows:
T. A. Norris, E. P. K;mball, ". T. Malott,
ball Albert Baker. Edward Daniels, c. s.
Andrews of Greencastle, f. A. w. Davis,
e r. Payson, III. Mex. Landon and j. X
GERS of the company were read to the di-
rectors at their meeting, and the progress
of the improvements stated. The directors
treasurer, and H. NICK. Landon secretary.
The meetings were largely formal Moth
ing was proposed TO add to or interrupt the
plans of the company as to extensions and
| improvements which already known.
No dividend was declared.
The water company Is the successor to
the old Indianapolis Water Works Com
pany. 1t has not declared a dividend for
| many years. The capital stock is $500 000
| and the plant Is bonded for s., 400. .0O0 bearing
| s. and Az per cent. interest. The annual
| interest charge is not stated in the COM
| pany's published statements, but it exceeds
| 100000 annually.
EXTENSIVE IMPROVEMENTS. =
The company is now making extensive
| improvements. aggregating several hundred
thousand dollars, and is preparing to make
about ten miles of extensions to its sys-
tenn of mains. Vice President Davis said
yesterday that the company had been
| forced to meet a constant responsibility in
extensions and improvements that had pre-
vented the payment of stock dividends.
Indianapolis has been growing without
| Interruption. said Mr.. Davis. "and the
! company has had to answer a large de-
mand in extensions to regions not re-
{. munerative. But 1t is our contract and we