The daily sentinel., 1905-07-13

should any party of parties persist
! in using the park after permission
| had been refused. they should be
deemed guilty OF breach of the peace
| The resolution was adopted by
unanimous vote.
An amendment to section IL. artf-
/ Gle 3, ordinance IS. relating TO mis-
I demeanors, was presented. The
amendment relates to the govern
| ment of the city parks. providing
! that the city parks shall be under
| the supervision of the street super
| visor, city council and mayor. The
| amendment was given the first read
| ing and ordered published.
The ordinance providing for the
! extension of the franchise of the
! Grand Junction Electric & Gas Com
pany was then called up and given
| its second reading by the clerk The
mayor then extended an invitation TO
| anyone present who might care to
| address the council on the franchise
! Orson Adams, Jr., OF the company
| asked il the council cared to hear the
reasons the company had for asking
for the extension of the franchise,
and. receiving an affirmative reply.
| Mr.. Adams addressed the council
| He stated that the plant was now
! running to its full capacity and was
being operated with danger to the
company and with danger to the
service provided the citizens. inso-
much as the quality of the light
might be impaired. Consequently il
was absolutely necessary that thou
| sands of dollars worth of new ma
chinery should be added to the plant
| at once. He stated that new en-
| gine, new dynamo, one or two boil
ers and purifiers. and other machin-
cry would have to be put in at an
| approximate cost of 100000. Nat
urally an extension of the franchise,
| furnishing the company a guaran-
/ tee that they would be allowed to
continue in business for reasonable
number of years was necessary be
| fore the company could afford to
make such expenditure.
MIR. Adams stated that the audi
| tors report would show that the
company had been in debt during the
90 months 1t has operated the plant.
| People that thought the company
was making big profits were badly
mistaken. He proposed that the
council should appoint five reputa-
BILE citizens twho they were he did
| not care. but preferred that they be
| men who had not signed the petit
/ tions asking that the extension be
granted) to examine the books of
! the company and ascertain the COM
pany's profits and expenditures. He
/ declared that his interest in the com
pany amounted to mere bpgatelle,
| but that he appeared in behalf of
the two young men, Messrs, Newton,
whom he had Influenced to come TO
| Grand junction and put $4,000 in
| the electric light proposition; that
| he appeared before the council ask
| ing that fair treatment be accorded
! them.
Mr.. Adams stated that $4,000
was the price the plant brought two
years ago on forced sale, and that
! sG6,97l had been invested in the
proposition since, and that today the
| plant could be purchased by private
| individuals or the city at $91,971,
the actual cost of the plant.
He presented rate sheets of var
| ious cites of the state. showing that
the rates charged by the Grand juno
tion Electric & Gas Company We're
not excessive. The company made
rates as reasonable as possible. To-
| day a day current was being operated
at cost of $500 per month which
brought in revenue of only $40.
Mr.. Adams stated that if the com
| panys property was worth 500, 900
but was bonded for $1,00O,000
should the city decide to buy the
plant by agreement or condemnation
/ ONt6Ss II Nbulh bIlA nave " pay
100000. The buyers of the bonds
issued by the company would accept
same strictly in accordance with the
| provisions of the ordinance,
Arthur Foster. engineer of the
plant was introduced to the coun-
ell and stated that the plant was run
ming at its full capacity, and could
not possibly run during the coming
winter months, the heavy season, un-
. I Ia
Mr.. Adams stated that the talk
that the taxpayers were against the
| granting of the extension was mere
rot, declaring that nearly every one
of the $50 signatures to the petition
asking for the extension was tax
payer and that investigation showed
that these citizens paid at least S13,-
600 of the 1872, of the city taxes
paid annually.
Mr.. Adams laid before the council
for their consideration the books of
the company and the last auditors
reports. He invited the council to
make thorough investigation of the
books and to inform themselves fully
as to the finances and condition Of
the corporation.
A proposition was then laid before
the council by the attorney for the
light company, Guy Sternberg. The
proposition is in the nature of con-
cession to be granted by the company
if the council gives the desired eX-
tension The proposition provides
for the cancellation of the present
contract with the city regarding the
arc lights and for the making of a
new contract. Under this contract.
the city is TO be furnished so arc
lights at the rate of $50 per annum.
10 additional arc lights at the rate of
SS4 per annum, and any other addi-
tioual lights at the rate of $50 per
} annum. The present or existing con-
] tract provides for the payment of
500 per light per annum. This prop
ostion was referred for further con-
sideration.
r The signatures TO the petitions,
o. both for and against the granting OF
I the extension, were then ordered
I read. Those protesting were read
r first They were about $50 in num-
S ber. The clerk then started the read
Z ing OF the petitions asking that the
extension be made. He had read but
b. a few names when II was found that