The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1903-07-07

L. Wilder, secretary and treasurer of
the Edison company, and the man who
has or influences enough stock of the
Edison cOmTany to absolutely control
it, was asked today whether the COM
pany had been sold, and said
Every few months people come to US
and try to buy the plant. 1t is quite
common for negotiations for its sale to
be in progress We have our price for
it. but so far no sale has been made,
because no one has been willing to give
us our price"
rs not the City Railway syndicate
negotiating for the plant?" was asked.
Il couldn't say as to that" replied
Mr.. Wilder Il don't see why the city
railway should want to buy US out.
They have a contract with us by which
we will furnish them all the power they
need. There is nothing to prevent our
furnishing them power enough to run
their whole railway system. So it is not
necessary for them to buy the plant"
Mr.. Wilder admitted that the Edison
company might have given MI. l.. f.
Myers of the city railway figures on the
value of the plant, and admitted that
MIR. Myers might have done some figur-
ing himself to determine the value of
the plant to the city railway But he
would not state positively that such ne
gotiations were in progress.
Mr Myers said;
We have not bought the Edison
BldilA lHtlt 1871 I Il MDIQ OF truth III
it. The story must have originated
from the fact that we have entered into
a contract to take all our power from
the Edison company. 1t was once sug-
gested, but nothing came of it and Sc
Ear as we know nothing will come of it
and Is not under consideration by US or
part of our plans. All the cars of our
company viii be run from power fur
nished by the Edison plant"
The Edison Light, Heat & Power
rurar1 mar iG Df t1,a sr~f,
institutions in the city. It has recently
been largely increasing its capacity
and within the past two or three years
has doubled in size. The plant has beer
Practically rebuilt, and veYy expensive
and powerful new machinery added AL
preparations have been made to take
care of the increased business which
will result when the city railway closes
Its own power house and takes all its
electricity from the Edison plant
The president of the Edison company
is Joab Mulvane A. S. johnson is vice
president and +. Wilder is secretary. and
treasurer. The plant has paid the stock
holders a good dividend and nv con
Eervative and progressive management
has been built uD to its present strong
condition.
Mr.. Wilder and Mr.. Mulvane are IN
derstood to be the largest stockholders
in the concern. and in addition have
control of other stock.
The fact that the deal between the
Edison company and the Street Railway
company is so emphatically evadec
by those chiefly concerned it is not
necessarily to be considered conclusive
proof that the deal has not been already
made. There may be some details to be
arranged before those concerned art
ready to make a public announcement
OF their plans. When the deal wa.
pending between the VinewOod Parl
railway and the Topeka City railway 4
was denied just as strenuouslv bv botr
parties until little by little the whole
tnlng leaked out. Then it was all Off.
cially confirmed by both parties to tht
transactiOa
If the Edison company becomes the rror
cry ot the Topeka City Railway it mean
cohti tihuauon of the progressive pohc0
Whlch mas characterized the management
q the fsdlson plant in times past; and theN
enerBeuc movements under wav nv tn,
l.SW SsltS ANYWAY company Will uudOu br
eoly DO great things for Topeka. FSlrth.s
eNtenslon OF the Edison plant is likely +,
take place to meet the growing needs n
the city railway. Ns