Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-07-30
each had oversubscribed his capacity
on that stock subscription.

OH lHdL STOCK SUBSCRIPTION.
/ Then came the Pratt deal There
We're two serious affections to this. In
the first place Pratt positively refused
81 gas and told everybody that sucn a
rate was prohibitive. He offered no
specific reduction in electric light
rates. The best he offered on gas was
s1.25 for the average house consumer.
Lastly it was reported by a gentleman
who enjoyed Mr.. Pratt's confidence that
Jones & Hovey were to receive $28O,O0O
in stock in Pratts company for their
property which was all they Were ask
ing for 1t, and If true, it made Pratt
out to be Jones & Hovey in sleeps
clothing asking for franchise at rates
which the city council was trying to
force Jones & Hovey to reduce Pratt
denied the charge but the gentleman
| responsible for the report had always
been reasonably truthful so the sus-
picion remained, altho unconfrmed.
However, Mr.. Pratt, came to the T.-R-
office the next day to learn how he could
secure the support of the newspaper
He was told that If he would offer
81 gas within a reasonable time and
l0-cent electric lights the T.-R- would
support his franchise and never ask
any more questions about Jones &
Hovey. He got mad. Said we were I'M
reasonable and went out. II he will
como back the promiseeis still good so
long as nothing better ds in sight.
Now we have a set of men here who
offer 81 gas in three years. They offer
a reduction of per cent in electric
4 light rates. They probably could be
induced to do better than that. They
offer to improve the gas plant, rebuild
the electric light plant and build a
plant for cheap electric power. They
are trying to build an interurban from
| Waterloo to MarshaNtown via Grundy
Center and on to Ames, Boone and
Des Moines and say that they will ask
no tax aid. If they offer to do these
things the city council should give
| them hearing and draw up a contract
which will protect the city. They
should not be compelled to transact
public business in the privacy of
Charlie Boardman's office. If Mr. Was
son or his friends are to be censured
for his having put in 500 and a boost
for Marshalltown, he can easily be in
duced to retire and even to quit chip
ping in on the things that might help
to build up his city Let's be square
about some things even If we can't
all agree on the saloon issue. If we
persist in pulling one another's hair all
the time there will be none left to build
up the town.-Edl
Mcbride Says Something.
To the Public:
!, i am not invested in the Iowa Con
struction Company which was original
: ly organized to construct an interurbal
, railway but 1t is my understanding tina
, Mr.. T. I. WATSON has invested not t.
exceed 500 in that company and TIL
= other stockholders have valued hi
a counsel and have advertised his nam
because of his experience in railwa
& business his wide acquaintance anon.
railway people and his high standing i
), Marshalltown. Mr.. Henry S. Osborne
a and Andrew Stevenson are also inter
a ested in the Iowa Construction Com
pany but we three as individuals ar
a asking for the public utility franchise
= and neither Mr.. WATSON nor Mr.. Norri
:. has planned to invest q. cent with u
- nor have they done so.
We offer Marshalltown people 81 ga
y Jan. 1, 1913.
- We offer one cent reduction on pres
), ent electric light rates.
!" We offer power as low as four cent
:, We will improve the gas plant an
y, y rebuild the electric plant and build
- power plant.
- We will extend the street car lines
:" We are planning on using the utiliti'
in Marshalltown as the nucleus of g
- interurban which many of our san
stockholders plan to build from Wate
20 loo to Marshalltown via Grundy Cent?
:. and Eldora and on to Des Moines v
II Boone.
le We expect to take over the Boor
10 electric utilities in the same plan.
50 All we ask now Is to be heard In IL
), open by the proper committee Of 70,
"a city council.
> The mayor has our proposition b
q we have been unable to get him
= bring 1t before the council.
Y He has told us that other persol
ID are going to ask for franchise. II
let them come on and let the fello
4 with the best proposition for Marshal
[r. town win.
ID Respectively
at J. n. MCBRIDE.