The Glenwood post., 1904-12-31
Trustees Agreed to Accept Proposition of Citizens to
Furnish Water and Lights for Half of Present
Price, But Refused to Anticipate Action
of Court---|mpoSSibi|teS Asked
THOMAS KfNDRICK AROUSES THE IRE OF COUN(ILrEN

The town board held spec 'a meeting last night to
consider the proposition of Frank Walter and others to
furn sh and lights the residents Genwood
The session unusually interesting and drew great
number of spectators.
The proposition and answer of the board read
by the clerk and County Treasurer DIach stepped forward
and addressed in behalf petitioners He
made very plausible talk, emphasizing the statement
that the ten citizens making heir offer from purely
phanthropic without any thought whatever
personal gain. Considering the that there was
really nothing for him Ed did very nicely indeed
Glenwood Springs, Colo, Dec "a, 1904
To the Honorable, Mayor and Board Trustees and
the Taxpayers and Residents o the Town of Genwood
Springs, Colorado:
Gentlemen:-We, the undersigned taxpayers, residents
of light and water and voters of the town of Glen
wood Springs respectfully submit for and in behalf
of the of light and water in the said town Of
Glenwood Springs Colorado the following proposition
viz:
First We agree promote company supply all
light and water required all private and
of the said for half price paid
therefor at the present time condition that the said
town shall perfect its right the waters of Grizzly creek
and transfer its right the said company
provided by law; the to retain it's ownership
thereof the town to said company the usual fran
operating said works and to sufficiently protect the
here after by ordinances provided by law The
to construct said works to be let said franchise
be obtained The light plant to be constructed
completed with all possible speed under said
the plant to be constructed and completed
said rapidly the physically and legally be
DONE
Second, Such company purchase from the Glenwood
Light and q Water company its light and water plants
in operation in said town at fair cash valuation
such value to be mutually determined by said company
and said The Glenwood Light Water company under
the provisions of the Buckn bill Session laws of 1899
4l9 and 420 and in of such purchase the
hereinbefore stated go into effect Immediately after
such purchase and transfer.
Third That the town of Genwood Springs shall pro-
vide sinking fund he deposited therein annually the
amount now paid by the town the present light and
water company viz, 81 O0O to be used later in the
payment of the actual cost price of said light and
plants to which shall be added all the profits derived
such hgt and water plants, less the actual running
penses and interest the capital invested the
not to exceed six (6 per per and when said
plants shall have been fully paid aforesaid
said plants with all appurtenances thereunto belonging
shall become the property of said and
levied for light and purposes. Light and
said town for public purposes and water for sprnkng
lawns lots under the stipuations herein all
times free from any charge whatever.
Fourth, We are prepared to enter into good and suii
cient bond for the faithful performance of the
foregoing stipulatons and propositions.
Fifth, We respectfully ask that "A special meeting of
the Board of Trustees aforesaid be Immediately
the Honorable Mayor of said town, and action