Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1905-11-14
Company is Organ
lied to Build Elec-
trio Plant.
HAS SECURED FRANCHISE
Prominent Men of Territory
Back of Corporation-.-H.
0. Bursum Treasurer.

WI odlufudy AFTERNOON tle SOCOrrD
Water Light and Ice Company was
organized in this city by H. o. Bur
sum, Elfego Baca and W. Z. Martin.
OF Socorro, and Frank Owen, of Sar
ia Fe, New Mexico. The capital stock
OF the company is fixed at $4,000, be-
ing 800 shares at 500 each, and the
capital has all been subscribed by
New Mexico citizens.
The company will operate in and
supply the growing city of Socorro
with electric light and electric power
1t has received the following fran.
chises from that city; Right Of way
through all the streets for pole line
and, if best hereafter, for traction
transportation company; also the use
OF the waters of the Socorro Hot
Springs for the purpose Of generating
power for its light and power plant.
These franchises are for fifty years.
To Install Plant.
The company proposes to install Il
complete and up-to-date electric light
system in the city and to supply elec.
trio power to all such as may require
it. Water force will be used for gen.
Grating the necessary electricity and
this will be obtained from the i'm
mense water supply of the well known
hot springs, three miles west OF tina
town. which will furnish an inexhaus.
tible water supply for all purposes
the water system of the town and the
electric light and power system
There is 7S0 foot drop betwee.
the altitude of the spring and the
power houses, enough to generate 24O
horsepower, or enough force for an
electric duid to provide for all posi-
BILE contingencies in the increase AMI
growth of the city and demands for
light and electric power for the next
thirty years.
The four incorporators are named
as the directors and at the meeting
of the board Of directors Saturday las
a complete code of bylaws was adopt
ed and the following were elected Off
1
dent; H. o. Bursum, treasurer; w. E.
Martin, secretary, all of Socorro, and
Frank Owen, of this city, general man
lager.
Stock is Sold.
The stock is all taken and there is
none for sale. The project, which is
in the hands of four of as we'll known
men as there are in the Territory, will
prove of the greatest value to the
speedy growth and prosperity of the
Gem City. Mr.. Owen Is practica.
and experienced electrical and watec
supply engineer. He has been en-
gagged in the superintendency Of water.
electric light and electrical power
works for sixteen years, in addition to
Having received thorough theoretical
college training as an engineer. Dur
ing the past two years, he has ve'y
lacceptably and satisfactorily, both to
the people and to his employers, filled
the position of manager of the San'a
Fe Water and Light Company, a diff
lcult position and one that needs spe-
cial training and much tact for sue
cessful management. The Socorro clli.
zens, who are in the company, are
property owners and residents OF the
town and have it's best interest at
heart. They can be depended upon
to do what is right for all concerned
. Means Rapid Growth.
: The Inauguration Of this very I'm
portant subject to Socorro will push
that town along rapidly on the high
= road to prosperity and increase its
growth and Importance. The town i
the prettiest and the best located On
the Rio Grande from Antonito to An
thony. 1t is surrounded by a large
! section of fertile Rio Grande Valley
land and has some of the best mining
camps in the Southwest tributary te
1t, besides being the center OF
:. considerable sheep and cattle growins
country.
:. The New Mexican fully believes tha
the project, when carried out-and l
!" will be carried out in first class style
will prove Of great benefit to Socor!t
and it's people and will be none!
v maker to its stock and bondholders
d The fact that Mr.. Bursum Is the treas
o urer of the. new incorporation means
n much, as 1t is we'll established ina
ly he is one of the most successful am
al level headed business men in tn
le Sunshine Territory.
The incorporation papers were file'
Yesterday in the Office of the Secre
Itary of the Territory and active Worl
I. Ion the construction of the necessar
reservoir, electric lines and building
<. will commence just as soon as N;
n terial for the same can be procured.
i. The orders for the necessary m;
CONTINUED on Page Esght.)