The Richmond palladium. (Richmond, Ind.) 1906-1907, 1906-04-03

ana pay ln6TGIOI Tie SAdCI cost or
the same. shown by an audit of the
City's books, made by public accoun-
tants, either by all cash or by assam.
ing the bonded Indebtedness given
for the purchase of your plant as part
payment with all interest to accure
thereon. secured in manner salts
factory to the city and the balance of
the purchase money in cash.
I've will make a contract with
the City to furnish its public arc
lighting. using the same type of lamp
that the city is now using, of the
same power. at a reduction of ten
dollars per light per annum from the
price now charged by the city plant
to the City: that is to say. we will
furnish the same lamp for sixty-five
dollars per light per annum, the con-
tract to be for any term of years
designated by the proper authorities.
3.-We will agree that the net rate
charged consumers who pay their
bills when due shall never exceed the
following schedule,
Rates for lighting, per month, not
to exceed:
For the first so X. w. s cents per
X. w;
For the next so X. w. cents per
X, w;
For the next so X w. 6 cents per
X, w;
For the next so X. w. 5 cents per
X W:
For all above 600 X. w, cents per
X. w:
1t being agreed that each consumer
shall pay a minimum bill of fifty
cents per month.
Rates for power, per month, not to
exceed:
For the first 200 X. w cents per
X. w:
For the next 800 X. w. cents per
X. w;
For the next 500 X. w. cents per
X. w;
For all over 1000 X. w. 2k cents
per X. w;
Ave will guarantee that. at the
expiration of each term of ten
years, this rate may be
reduced mot increased) to meet
the State of Indiana nearest in pop
ulation to the City of Richmond. by
the last preceding general census. so
that the maximum rate charged
! citizens of. Richmond shall not be-
greater than the average rate charged
for similar service in said ten cities
5.-We will agree that the forego-
inc nrnnncitinn no embodied In.
contracts and franchises prepared to
the mutual satisfaction of the parties,
with proper safeguards to the City
and it's citizens, and with such other
reasonable notifications as may be
desired by the City.
Eve will agree that, If this prop
osition be accepted and the sale of
the plant ordered, upon the foregoing
terms, or with such notifications as
may be agreed upon, all of this pro-
position may be included as Il con-
dition in the ordinances provided for
the sale of the plant; that we will
| accept franchise with the conditions
hereinbefore set forth incorporated
therein and will give a bond IL the
sum Of Twenty-Five Thousand Dollars.
executed by some approval surety
company, conditioned that we will
complete the purchase and accept the
franchises, ordinances and contracts
then agreed upon between the City
and ourselves before zee sale is con-
summated
I've make the foregoing propos-
ition in absolute good faith and will
be very glad to have our representa-
tive meet you and exchange views
with you on the situation at an early
date. We make this proposition at
this time for the reason that the qnes-
ton Of expanding Forty Thousand
Dollars additional money on the city
plant will be considered at once and
We feel that the fairness of our pro-
position in rates, both for city light
ing and power and to consumers. and
the price offered for the plant will
cause every thinking citizen of your
City to consider whether. the ends
desired having been fully accomplish
ed, better results in the future can
be gained by disposing of the plant
and securing yourselves than by TAX
ing any chance of an additional out
lay and loss to the City in the de-
probation of the plant
8.-We desire this proposition to be
thoroughly canvassed, and state that
| there are no eyasions or receptions in
the same, and that we are not tech
nical in making this proposition.
Neither members of Council nor citi-
zens need look into the same for any
thing hidden or concealed, but take 1t
as straightforward proposition and
one in whose dslails the City's rights
| can be Absolutely protected in the
future, by cfntracts and franchises
which can re submitted to the people
for ratification before being acted up
| on.
Respectfully submitted
Bertron, Storrs e. Griscom.
Per Edwin E. Witherby