The Imperial press., 1905-09-09
THE SITUATION IN NUMBER FIVE

or JIl6 IFiDUU6 10 IulilSH IlIoflld ton as to recent events in the affairs of No 5- Upon my return to tlle Valley was greatly surprised to find the tumor current that it had heen decided at Board meeting in Los Angeles that the contract with the California Development Company, by which Nos , acquired it's unissued water stock, was not valid; that No. was to turn back to the California Development Com pany ita gnissHed stock aud ths latter company should complete our canals and that consequently 1t was not now necessarily to authorize an issue of bonds
 Tie truth oflhis rumor 1 wish most emphatically and absolutely to deny
 The contract with the California Devel- opmeut Company of May Is, 1905, was d settlement of differences between the two companies differences of long standing and which could not have been settled satisfactorily in any other way. It was settlement which 1 believe, un- der all circumstances, was of mutual advantage to both parties to the con- tract. The resolutions by which Mir. Heber was authorized by his board, and they by their stockholders, have been published in one of the papers of the Valley and are public property.
 Is oar contract legal?
 Mr. Heber says it is our attorney says it will stand the test; the Board still stands by the contract as from the beginning and maintains the position that if the California Development Company should deem it necessary to test the legality or equity of this con tract, No. , would consider it necessary to test the legality of the original con tract under which all the stock of No. 5 was first turned over to the California Development Company 1t is not neces- sary that No should go into any court to enforce this contract. We now have possession of the stock.
 It is true that there have been con- ferences in Los Angeles The California Development Company desires some notifications of our contract. The Board of Mo- , desires and expects to receive, and has assurances which lead it to expect to receive the good will and cooperation of the management of the California Development Company in the floating of the bonds and the con- struction of our system,
 But is there still necessity for the authorization of bonds? Certainly, as much as there ever was, notwithstand- ing the rumOrs which seem to be circu- lated from time to time for the purpose of affording new reasons why the plans of the Board should not be carried out.
 To the stockholders of No. , wish to say: You have placed the responsibility of protecting the interests of No. upon the Board which you elected; you look to it for results and it is therefore en- titled to your cooperation and support.
 We are now facing an issue more im- portant to No. than the question of bonds, more vital than the policy. of the Board Are we to lose the spirit of unity which has to so great an extent characterized Ut ltusl company j; which has been .gth i'll the past and upon which " st depend for our success in the r "United we stand; divided We fall," is as true of our mutual company as it is of nations and empires. The spirit of dissension and strife is not indigenious; but is as foreign to our Eastside as is the pesti- lential fever in the fair cities of the South and will as certainly work for our destruction. Shall we apply the torch to our dwelling? Shall we scuttle the ship with which we must cross the waters; or shall we call back the spirit of harmony and peace, make mutual respect, forbearance and cooperation our motto and yet see in a prosperous and happy community the realization of our fondest opes?-Holtville Tribune.
 IRVING P. SULLIVAN.
 Are You Engaged?
 Engaged people should remem Der, i hat after marriape many ouarrelC co,,