The San Francisco call., 1909-12-04

Full Endorsement was given yester-
DAY by Dillon & Hubbard. municipal
bond attorneys of New York, to the
plan of the city government TO submit
10 the voters the two propositions for
bonding the city for the development
Of the Lake Eleanor and Tuolumne
river water supply and the acquisition
of the Spring Valley company's plant.
THAT influential approval, together with
the unanimous agreement arrived at
by those who have in hand the work of
preparing for the municipal bond cleo
tion. led TO the announcement by Mayor
Taylor and Supervisor James A. john
ston chairman Of the committee on
public utilities, that the two propo-
sitions viii be submitted to the voters
on or shortly after Friday. January "A
next
TWO QUESTIONS PRESENTED
The TWO questions TO be presented on
the ballot are, in brief, these:
Proposition Ito incur a bonded
debt Of $4,000. coo for the acquisition,
construction and completion Of a water
supply and works with the source at
lake Eleanor and the Tuolumne river
and its tributaries. provided that IL
proposition ? carries bonds TO the
amount Of s2S,o000oo shall DC issued
this authorization.
Proposition 2-To incur a bonded
debt Of $4,000 600 for the purpose of
The acquisition of the Spring Valley
water companys water supply and
works 10 be owned and controlled by
the city.
The board viii rescind the ordinance
calling for water supply bond cleo
1ion for December 28.
Dillon & Hubbard have been retained
BY the city Of san Francisco to pass
upOn every step connected with the
bond elections on the water question.
Dillon & Hubbard are national authori-
fies on the question Of municipal bonds.
and it is almost obligatory for a inu-
nicipaI security TO have received the in
dorsement Of that firm before il may
successfully be put on the market
SOLUTION OF PROBLEM
The city authorities. including Mayor
TAYLOR. City Attorney Percy V. Long
and his assistants, Special Counsel Cur
lis f. Dindley and Supervisors john
ston Murphy and McLeran OF the pub
lie utilities committee agreed Wednes-
day that the best solution of the water
bond problem was contained in the
suggestion that the two propositions,
which arc printed i'm fun in another
column, be submitted TO the voters.
Their form on the ballot viii substan-
tally be that given above Assistant
CITY Attorney John T. Nourse was the
author Of The solution.
City Attorney Long and Assistant
City Attorney Thomas T. Haven as
sented readily 10 Nourse's suggestion
and when ii was submitted TO the other
officials it was emphatieally indorsed
That day. Wednesday, the city attorney
sent telegram TO Dillon < Hubbard
stating very fully the problems which
the city faced in its water crisis.
H. -.
Of the board since the passage to print
of the ordinance calling for an election
on the Lake Eleanor project, December
IS and the receipt from the Spring
Valley company of the offer to sell its
plant outright for sS5.O0O.O00.
ASKED FOR ADVICE
After outlining the situation Long
stated:
ll.aer ihis state Of facts The city desires to be
First-May the city proceed with the election
row Fixed Tor December y. involving the Toul-
Hhlne supply only. and call another election 40
vote on cner Of Spring Valley. or should the two
i'ropos itions be submitted to the people at the
Secondary tho city abandon The pending
election proceedings liked for December 3 and
without calling for new offers aud acting under
oCiglnal 1eclafatoty ordinance submit combined
the IUoiamne and Spring Valley propositions 10
The people on a SOS, ,000-0 600 bond issue basiss
Iird-Mag the city call 2 election based
on the original declaFatOry ordinance and rekO-
lution and the engineers estinafes submftfin,
tie three PROPOSITIONS in the ALTERNATIVES as ri.
lows 90 Iuolumne-Sierra project alone S45.-
100000. - Spring Valley alone. SO 600 900;
~ Combination of Ipolumne and Spring Valley.
As the fourth course Of possible ac-
lion City Attorney Long quoted in full
The two separate propositions men,
ioned above
OPINION BY ATTORNEYS
The answer from Dillon & Hubbard /
vas received yesterday by the city at
.orneTs Office, Long. IN the meantime I
aaving started for New York person
lly to consult with the eastern attor-
ieys- The New York attorneys said:
Think course No. 4 outlined by you is legal I
md preferable 10 courses one. two aud three. /
'ngineer. should mske and file plans and esti- 4
mates showing how Sa3000. Goo estimate is ar
lived az, and the making of such plans and esti-
mates should among other things he reci;cd IN /
he ordinance calling for the elecfion we think
ron can act under the eBksncer's original esti-
nate anl additional estimate regarding S2s 00e I
90. and also act under original declaratory or.
finance without having new declaratory or /
linancc We advise that II the ordinance has al
eady been passed calling for an election FOR fhe
iurpose only Of voting the S45 900 900 orig
nal proposition. then such ordinance s5oa,Id he
epesled and new ordinance passed calling an
lection f0r the two propositions outlined in
purse four Received your Telegram today stat.
-his agreement Of opinion IS gratifying
gAYOR TAYLOR PLEASED
Mayor Taylor was 5ubilant yesterday
Ner the unqualified approval given the
rond election propositions by Dillon &
Hubbard.
From the first he said, y have IA
Ored q proposition which would give
he public the opportunity OF voting in
ependently on both the Lake Eleanor
aoject and the Spring Valley COM
any's offer ] have opposed any indi-
1sibIe combination Of Spring Valley
nd TuOlumne. such as would have been
on1ained IN the S5S,0O0. 200 bonding
opposition. But I have enthusiastic
liy been in favor Of proposition No. 4:
have enthusiastically been in favor of
ubmitting both the Tuolumne PROPOSE
ION and the Spring Valley offer. and
~ strongly ia favor of the city acouir-
nG at this election both the Tuolumne
igbfs and the Spring Valley property.
.liz--..-..-...-..-. -