Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-09-28
LIGHT PLANT PURCHASE FAILS
Citizens in Mass Meeting Sustain Conn
ell Maiority--Othcr News Notes.
Speclal Corrosnondence.


Special Correspondence.
Provo, Sept, 2S-The citizens mass
meeting called to meet in the old tab
ernacle last evening for the purpose Of
considering whether the citizens favor
ed the purchase Of the Provo Electric
companyS distribution plant, was at
tended by about loo persons, Mayor
Frisby presided.
Councilman Partridge explained the
present option, which fixes the price at
$4,000, with the proyiso that " the
plant is purchased the city shall agree
to transmit electric current for power
to the Telluride Power company's en-
ployes and Offices and industries, pow
or to the extent Of 10 per cent Of the
capacity Of the plant, said current TO
be supplied by the Telluride Power
company, and that the Telluride Power
company shall be permitted to build It's
own pole lines IN the city, II at any
time the amount transmitted over the
distribution system is insufficient for
the purposes Of the company. He real
correspondence between the city aud
the electric light company and the Tel
luride company, relating to the adj
vance Of the price Of lights and the on
ton TO purchase and It's terms and ex-
planned the action OF the council. and
that the council could not agree on the
matter Of purchasing the plant. Sew
en- had voted against the purchase and
three for IT,
councilman Bott presented the views
OF the three councilmen who favored
the purchase OF the plant The min
GRITTY, Mr.. Bot claimed. had figures
to show that by buying and operating
the electric company's plant, the city
could from the profits of the system
and the waterworks liQuldate an the
Indebtedness OF the city IN fifteen years.
The minority did not consider the
agreement to transmit ten per cent OF
the current free OF charge a serious
objection.
Mayor Frisby suggested TO Mr.. Part
ridge that inasmuch as the minority
had stated it's reasons for arriving at
the conclusion that Il was profitable TO
buy the plant under the terms i'm
posed by the option. the majority also
state its reasons why II considered such
purchase disadvaRtageous for the city.
Mr., Partridge. in doing SO objected TO
the strings" attached TO the option.
believing them unfair TO the city. lie
offered solution OF the lighting prob
lem that the city use the telephone
companies poles for stringine wires on
for lighting the city. The city had
that priyileg with the Independent COM
pany, while the Bell Telephone COM
pany would charge 10 cents n hitch"
for each wire attached. He also stated
that the Utah County Power company
would bring wires to the city and sup
ply the city lights for street lighting
at 66 % cents a light by stringing wire
over the poles Of the telephone COM
panies. He also suggested that tenn
porary power might be obtained from
the waterworks pipe system now being
by the city.
ID. u. Houtz moved that IL be the |
sense Of the meeting that the majority !
report be adopted. While Mr.. Roylance |
moved that II be the sense Of the meet |
ing that the minority report Be adopt |
w. anu fdNH Sl'hc lH loN'i VI hio NV
ton.
Councilman Booth spoke FOR the mi
n0rity Of the council bringing up the |
fact that bonds for the erection OF a |
plant cannot be sold.
Mr. Roylance. In his argument on the |
motion 10 adopt the minority report |
stated that the bonding ordinance, !
passed last year. was improperly drawn |
a -. - II IL
ton was declared Illegal. II Il had not
been for this the city would now be !
owning the plant.
A letter was read from George ".
Sethman OF Denver, asking for infor-
nation In regard TO the plant proposed |
10 be built by the city and offering 10 |
take bonds In payment Tor building the |
plant
a number OF speeches we're made /
mainly In favor Of the majority report. |
The majority report was adopted hy |
3 large majority OF the citizens present. |
TAYLOR INVESTMENT COMPANY. /
Articles Of incorporation Of the Tay-
OF Investment company have been filed 1
with the county clerk The object II /
me Incorporation Is to conduct a real /
state and investment business with
1roNo city as the principal place ~ bus
mess The capital stock Is $4,000 In
shares 81 the par value OF 500 each.
The directors and officers are; Thos.
\. Taylor, president, John y. Burnett.
nee president John D. Dixon. score-
airy and treasurer; Arthur y. Taylor
nd VIM. r. Wallace
FARMERS AND MERCHANTS
BANK.
Articles OF Incorporation a. the Farm
~ ana Merchants hank have been filed
ilh The county clerk. Tho business OF
ne corporation IL to be a general hank
~ bushes with Provo city the prin-
'lIal ulace ~ .usf,... ~. -. ]