The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1908-08-21

stock December, 1907, at $83,7500C
and the 1907 dividend on same, IL
per cent. The bond interest was
$21S,0 100000.
Your committee reached the conclu
sion that the present rates would bear
az substantial reduction. but realized
our inability to make any reduction in
the lighting rates, unless agreed to
by the company for the reason that
the present lighting rates are the
same as those incorporated irT the
electric railway franchise, which we
| did not and do not intend to jeopar-
die, and which will hold good unless
build four miles of railway by Janu-
ary 3, 1909. The only reduction, there
! fore, that your committee could con-
slider, except by mutual consent, was
| the water rate which is Independent
| of the railway franchise and has no
bearing on it. In fixing this water
| rate we were aware that we could not
make contract for longer than a
lyear except by a vote of the people,
and, with desire to harmonic the
| isituation, and putting an end to the
continual wrangling every year over
| this matter of light and water, and for
the purpose of settling it, if possible,
we submitted a proposition to the
company, which insofar as the dollars
and cents were concerned, reduced
= I:,rb 10 TO
equivalent to about what we can, in
our judgment, reduce the rate to, on
water alone; but distributed so as to
include both This proposition was to
jbe ratified by the people, carrying
| W tn it the construction of the trolley
as a prerequisite to the signing of a
!ten-year contract at the rates named !;
this feature having been incorporated
On account of petition to council on
June 10Th, to "try and reach some
amicable agreement with the Mutual
Light and Water company in order
that they may begin the construction
of the street railway SO badly need
ed in our city. The committees prop
osition to the Mutual Light and Water
company was as follows Oasis CT set
tement: committee to recommend to
counciD a
/. Reduce | ter schedule No. l, ten
(10) per ceY7 reduction not to apply
on single WSter closets, or yard
sprinklers. Fire hydrant rate un-
changed.
2. Provision for adequate pressure
IN mains; registering at fire depart
ment headquarters, 80. lbs. domestic,
and -. in case of fire.
3. Foregoing to be embodied in an
ordinance, proposition to be submitted
to the people, embracing the follow
ing: Amend franchise and contract.
Contract for term Of ten years at
rates named, subject to option of
purchase of the plant during term
thereof on six months notice at arbi-
, trated figures, on terms to be clear
cut and unmistakable; new arbitra.
ton.
(b) Gas schedules to remain un-
changed, but service to be improved; !;
sas must burn on test five % cubic
feet per hour.
(c) Reduce rate on electricity from
II cents to 10 cents per K. w. with
same scale of discounts as at pres
ent. Arc lights unchanged
(d) Permit an additional 90 cents
charge in passenger fares over cleo
trio railway on lines constructed on
marsh lands, making fare ten cents
for continuous passage having termi-
nus on the marsh or waterfront on
same.
! (e) Extension of period for con-
structing the four miles of railway, If
necessary.
(f) Make construction of the rail
way a prerequisite to the signing of
the contract; but all rates, terms, con-
ditions, etc., to be provided for by or.
dinance, after ratification of the prop.
osition by the people.
| To this proposition the company
submitted counter proposition, as
follows:
Brunswick, Ca, Aug. 10, 1908.
Mr. w. r. Cox, Chairman,