Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1905-05-25

NEGOTIATIONS ON FOR SITE
President and Secretary Of the Com
pany Are in the city-LocaI Capital
Wanted For Half the Stock to Build
Plant to Cost From $4,000 to $780,.
900.

Company, of Des Moines, owners of the
franchise voted to them all the city
election last spring will build, and will
have a public heating plant in opera
lion by fall. Negotiations for land for
a site ON the Great Western spur to be
built to the A. e. Shortill Company's
shops is now pending, and material for
the building will be on the ground by
July Is. The plant will cost from
$4,000 to 100000, and an effort is be-
ing made, which has already met with
partial success, to interest local capt.
tai to the extent of taking one-half OF
the stock.
o. f. Peterson, and Charles H. Ba-
ker, president and secretary, respect
lively, of the company, are in the city
,perfecting the preliminaries and VISIT
ing local capitalists. When seen by
T.-R. reporter Mr.. Peterson said, Yes
sir we intend to build, but we lind the
territory of business available for us SO
much larger and more compact IMAM
we first estimated that it will cost from
$4,000 to 100000 to complete a plant
large enough to serve it. For that rea-
son we are endeavoring to interest 10
cal capital to the extent of one-half OF
the total estimated cost, and In the
first few hours placed $4,000 with one
of your local manufacturers. Wheth-
err we do or do not sell stock locally
the plant will be built. We nave al
ready negotiations under way 1of lallu'
and have guaranteed to have bulldlns
material on the ground by July 10.
When asked if the franchise, as II
now stood, was for sale Mr.. Peterson
replied. at is certainly not. We do not
do that kind of business, and we nave
no proposition of that kind to make.
We have secured it for the purpose OF
building"
Where Mains Will Run.
The company has prepared plat OF
the territory where the first condults
will be built Alleys are to be USED
in laying the conduits. all OF which VIII
be of cement. 12-inch main will run
from the plant, in the alley between
First and Second avenues, north to the
court house, and from that point north
TO the high school building, the main
will be. s-inch. The S-inch mains Will
run west one in the alley between
Church and Linn and the other in the
alley between Main and State, both
entering residence districts. Running
east on the alley between Church and
Linn a 6-inch main will be laid, ana
in the alley between Main and Church
another 6-inch main will be laid
Branch mains will be laid from these
several mains to accommodate buildings
that wish to be equipped with hot
water heat.
Town Laid Out Well For Service.
Secretary Baker says that no place
that the company has ever investigated
lies so we'll naturally for good service
from a central heating; plant as does
Marshalltown. The natural slope will
place the service on II gravity basis.
and will economic the use of water to
a great degree especially the return
water. Another matter of economy
will be realized in the building of the
plant on the Great Western spur, for a
large amount will be saved annually In
coal haulage.
Interesting Local Capital.
~ While the company Will Dullu us
plant and install the service, whether
or not local capital is interested, it
feels that so much more can be accom-
plished, by uniting with local capital,
for in this manner the plant can be
operated on more extensive scale.
While the company is only compelled
to have a mile of main laid by Deem
Der Is, in order to hold it's franchise,
it expects by that time to have four
miles of mains laid and in operation.
Mr. Baker says that the company
hopes to make out cf the MARSHALL
town concern model heating plant,
which can be shown TO representatives
from other cities turnout the country.
Mr.. Charles F. Cooper, engineer
for the company, arrived in the city
this morning, and will be here most
Of the time from now on, until the
plant is completed. Work Of building
will begin about July 1. Mr.. Cooper
is an experienced engineer, and will
have personal charge of the construc-
ton, both of the plant and of the con-
duits and mains.
Mr.. Peterson left this morning for
Iowa Falls, where the company has re-
Gently acquired a heating and light
ing plant The town of Alden is to
hold a special election on Monday, to
grant the company a franchise for
lighting, which will be operated from
the Iowa Falls plant. Mr.. Baker leaves
for Iowa Falls this evening