Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-09-01
Special Meeting Results In Con-
cessions to Britain Il Co., to
Insure Big Investment
BUT ONE DISSENTING VOTE
Favorable Action Taken orr the Propo-
3 sition Of Secretary Click and Vice
President Bell, of Local Packing Con-
Germ - councilmen Receive lnfor.
nation About Packing Business.

The city council acted as commit
tee of the whole on the hog business
Wednesday evening, receiving informa-
ton concerning the business that would
be worthy of an odd Gorgon Graham
and voted to be enterprising and to as
sist q local industry in order to get the
investment of $4,000 of foreign capital
much-needed storage facilities, suffi-
cient to accommodate their killing
capacity. All but one member present
voted for progress.
The special meeting of the council
was called at o'clock, with Mr.. Web
ster as chairman pro tenn, presiding.
Mr.. Abbott read the proposition of
Britain s. Co., signed by A. G. Click
as secretary and treasurer, and John /.
Bell, vice president. The proposition,
in the communication to the council,
was as follows:
Aug. 90, 1904.
ITO the Honorable Mayor and City
Council of Marshalltown, City, Gentle
men: Providing the city of Marshall
town will rebate this company the taxes
for period of ten years, commencing
with 1904 levy, and furnish us with
water at cost of pumping. price to be
mutually agreed upon for the same per-
Tod, this company will spend a sum
OF $4,000 in improvements to cur pres
ent plant, commencing the same this
year.
.'In the event this company is sold
during the ten year period to any COM
binatiof or so-called trust, the agree
ment as to rebate of taxes and furnish
ing water to this company is to be de-
clared void from the date of such sale.
However it must be understood and
agreed that the amount Of any such re-
bate or furnishing of water to this
company during the period we operate
independent of any combination or So
called trust shall be. considered as a
final bonus and not refunded to the
city OF Marshalltown or this company.
s.Relative to furnishing water at
cots of pumping, we wish to state that
at present we are using water from our
own wells and intend to continue doing
40. and will not use the city water ex-
cept in cases of emergency, that Is,
breakdown, our wells becoming ex-
9hausted, or other contingencies Beyond
our control.
eve understand that there is some
question about the legal authority of
your honorable body to rebate the taxes
and we suggest that instead of making
us a direct rebate of assessment, that
vol, fix our assessments on buildings
at $1,000 and on our stock at $500, a
total Of $4,000 for a period of ten years.
we attach hereto the treasurers re-
ceipt of first payment of levy OF taxes
for 1903, showing a payment of $47646,
q total of $952,92 annual taxes.
..In connection, we wish to state that
this company has operated In Mar
shalltown continuously since 1882 5or
nearly a quarter of a century. This we
think is a sufficient guarantee OF our
future operation. AT present we have
141 persons on our pay roll for June.
l904 amounted to s5,6O0.02 and for July
x4755.44. "A conservative estimate.
therefore for our pay roll In the future
10 from $4,000 to $4,000 per annum.
Our total expense for 1903, not includ-
ing freight charges, amounted to $l32,-
27S.37. II. has always been the policy OF
this company to buy all Of our supplies,
prices being equal, from merchants and
dealers in this city.
NJ Amy further information your hon
orable body desires will be furnished in
detail. Trusting that you will take
prompt action in this proposition and
ADVISE us Of your decision, we beg to
remain. gentlemen,
yours respectfully.
BRITAIN & CO.,
"By J. /. BELL,
''vice president.
s 'By A. q. CLICK,