The Evening statesman. [volume] (Walla Walla, Wash.) 1903-1910, 1903-08-26
WaIIa WaIIa Gas Company
Sells to Eastern Capital.
THE DEAL INVOLVES Si5O,0OO.00
New Company Will Be Known AS the
Northwestern Gas and Electric
Company and Will Take Over Pen
dieton Plant.
dieton Plant.

September /, if title papers are
passed upon fayorably, the North
western Gas and Electric company
will assume control of the entire
plant and property Of the Walla Wal
la Gas and Electric company. Tie
sale Of the property, which has been
under way for several months, was
formally decided upon by the stock
| holders at a meeting held in the gen
eral offices Of the company last night,
at which, the executive officers were
authorized by resolution to complete
the transfer of the property.
| The sale involves approximately
| $4,000 and is one OF the largest
electric deals TO be made in the
state for some time. The meeting
| last night was presided over by
/ Vice President Burford and every
share of stock was represented.
The property viii De transferred
| TO Isaac ". Anderson of Philadelphia.
a member OF the firm Of Cyrus ".
! Pierce and company which is acting
for capitalists interested III electrical
schemes. Mr.. Anderson has been on
/ the coast for several months and
! has spent considerable time in Wal
! la WaIla negotiating for me Walla
WalIa and the Pendleton plant, which
| has also been purchased and will
! be operated by the new company in
conjunction with the Waua NalIa
plant
Mr.. Anderson was seen at the HO-
! eel Dacres by a Statesman reporter
this morning and. while admitting
that the formal transfer Of the local
plant to the company he is represent
Jag, would probably be. successfully
completed, he said that he was re
! luctant 10 give cut anything as to the
! future plans of the company until a
! formal transfer had been made.
There is always a chance for a
slip between the cup and the lip TO
use an old expression" he Iaughingly
said when approached by the re
porter But I have no hesicancy in
! saying that the deal Will 50 through
| if the title papers are found fault
( less"
AS to the future plans Of the com
pany that is something that will
! have to be taken up later il detail.
The entire plant of the Walla Walia
company including the Mill creek
| power house and the water rights On
the Walla WalIa river are included
in the present deal. l have also Sc
cured the Pendleton plant which will
be operated by the company in con
junction with the Walla Walla, power
10 be furnished by large plant
located on the upper WalIa Walla
river. That much is assured.
Plant Ready by Next Year.
The exact location OF the river
power plant has not been definitely
decided upon and will not be until
several more surveys are completed
Our engineers will complete the sur
yeys and decide upon the exact loca-
ton within a very short time after
the property has been transferred.
Work on the plant will be commend
ed as soon as the preliminaries are
disposed Of AMI we expect 20 nave
Lit in operation by next spring. II
will take several months to get ma
chinery on the ground and Of course
! in an undertaking of this size there
are more or less delays.
Asked as TO the amount Of horse
power the company expected to be
able to generate on the river Mr..
Anderson said:
according to our estimates we
should develop 5000 horse power
which will supply Walla Walla, Pen
dIeron. Athena, Weston and Milton
vi.h all the electricity they need for
lighting and power purposes. We
will be ready to furnish power to a
street car system and any manufac
turing concerns that may be estab
lished in the city
Mr.. Anderson will remain in WaIla
Nalla for some time arranging fol
aking over the property and expects
largely superintend the subse
| 1uent extension of the property.