The Lamar register., 1907-06-05
r,,sss GIGANTIC wArss PLANTS,
eslsraas esassrc riies Papers Giving
Mortgage Of S2o.eoo.ooo.

penver,-lf Il were possible TO put a
belt around Pixies Peak that famous
cid mountain could be moved from its
foundations at one pull from the three
power plants that are to be established
by the Central Colorado Power Com
pany. which concern filed in the county
clerks Office mortgage of $2O.000.0OO
in which is given the first authentic in
formation concerning the plans of this
gigantic concern.
The producing capacity OF the three
plants will be 10000 horsepower
enogh to pull forty Of the New York
Central's big trains combined and
whirl them over the track at the rate
OF 100 miles an hour, Four hundred
Denver street cara would be AN easy
load attached to cable transmitting
$4,000 horse power,
Niagara Falla. with Its vhnt volume
OF water. In two power stations On tho
American aide. produces lat, 600 horpc
power repreaenting what Denver rlcc.
trieai engineers aay In the hiaseat cleo.
tfieai power plan, In the world And
the three plsnts ct the Cen,ra, Colo.
tsdo Power tcmranN will he only 90.
goo horse power hehmd that mark
MNnM T tterrick. former governor
et ph,cs Ia the ch,cf financial hacker
W the S,,ncetm The names Of David
Mogst, S,niNn Gussenhotm and others
" rr,mtnencc In Colorado financial
c,roles have been frequently men
uoneyi in connection with the COM
I'SnN's protect, but these names are not
IL he found in the document filed last
night
II was stated nv one in authority
that the finances to back the project
viii not come from the men hitherto
believed to be heavily interested. but
that New York and foreign capital will
be in control.
The unusual mortgage was filed at
O'Clock last night by Lunt. Brooks &
Wilcox, attorneys of Colorado Springs,
and Curtis 4 Hine, managers for the
Central Colorado Power Company. 1t
was filed simultaneously in seven
other counties-Larimer, Grand. Sum-
NIT. Lake, Eagle. Pitkin and Garfield
The mortgage provides that the COM
pany maintain Offices in New York.
London and Paris. The General Elec-
trio Securities Company of New York
and Lee Higgins & Co, of Boston, took
one-third of the underwriting, while
the balance was placed in the
French and British capitals. The
mortgage provides for denomina-
tons of $500 and 81. 900 Ameri-
can money, c 200 for the English mar
ket and 500 francs for the French.
The bonds are five per cents. to run
twenty years.
The property covered includes the
DeRemer water power locations at
Shoshoni Falls, above Glenwood
Springs, where work is already under
way. The development by this plant
alone will be $4,000 horse power Next
in Importance is the famous Gore
canon plant, which has been acquired
by the company. This was formerly
known as the New Century-a power
project the possibilities of which have
long been known. but development of
which has been hindered by lack of
funds. A third power plant will be To-
Gated on the Roaring Fork, near
Aspen. and this, 1t is expected, will
have capacity of $4,000 horse power.
In addition the company will have six
of the largest storage reservoirs in the
West. two on the Upper Roaring Fork
and four on the Grand river.
The mortgage indicates that Denver.
Colorado Springs. Pueblo. Leadville.
Cripple Creek and numerous mining
camps are to be supplied with power.