The San Francisco call., 1910-03-11
NEW ALIAS TAKEN
BY SPRIkG VALLEY
Water Supply Company Organ.
lied by Clerks and Messen=
gers; Capital S2O,oO0,0O0

Spring Valley assumed a fresh alias
yesterday when 1T presented itself at
the Water Supply company. This con-
Germ was dull incorporated with u cap
ital stock of $20,00O,0o0. 1t represents
the peninsula reservoirs, pipe lines and
the local distributing system. This is
the property which was offered to the
city in conjunction with Lake Merced
for $4,000, 1000. 1t would appear that
some of the water has leaked into the
stock.
The incorporation of the new COM
pany is in keeping with the intention
of President Bourn to carve the system
into many and divers sections. Each
portion, trimmed to the letter and
tagged with the price, has been hung
UP for view.
Tomorrow morning Mayor Mccarthy
will go shopping for water systems.
Bourn is to be the cicerone. Engineer
Schussler will asst ex-officio auc-
tioneer, explaining the virtues of the
goods. Mccarthy will be offered wide
choice, for the company has water sys-
J TENS to suit the most fashionable taste.
VARIETY OF OFFERINGS
Should Mccarthy express a prefer
ence for a full grown plant, why, he
may buy the Spring Valley. And the
price? Well, anywhere from s35, 900, 900
want something natty, there is the
City and Suburban company, that Bourn
is willing to sell for $28,000,000. But
! if Mccarthy should really want some
| thing up to date he can have the Water
Supply company for s20,000.000.
The mayor has said that he is not
buying mud wallows nor duck ponds.
Nor will he purchase cracked reSer-
voirs nor rusty and rotten pipes. So
the pal1OwS into
lakes and the rotten pipes into iron
conduitS. Far away on the clover COW
cred slopes of San Andreas Bourn will
tell the mayor how much the proper
ties are worth and Mccarthy will con-
duct a personal inspection TO test
Bourn's accuracy.
| "TIME TO SETTLE QUESTION"
| Neither of the two has taken the pub
lie into his confidence. By a remark
able coincidence they appear, however,
| to have determined simultaneously that
| the present is the time Ito settle the
| water question" The mayors recent
campaign against the purchase a t S35,-
100000 has not disheartened Bourn.
Nor has Bourns declaration that he
would never offer the plant at as low
| a figure again in any degree disheart-
ened the mayor.
The new Spring Valley offspring, the
Water Supply company, is officered by
clerks, messengers and young attor-
neys in the office of Page, McCutchen
and knight, the Spring Valley law
yers. The company is divided into
100000 shares of the value of 500
each 1t is organized. say it's articles,
for the purpose of furnishing water in
the city and county of San Francisco
The directors named are: +. e. Bor-
land, r. H. Kimball, T. A. Allan, J. F.
Cassen. H L. Atkinson. r. A. WAGNER.
all of San Francisco, and +. S. Markey
of Alameda county. They have sub
scribed for one share each.
PARTY ON EXCURSION
With Mccarthy on the excursion, will
be Cleve Dam. the mayors personal ad-
wiser, Supervisors Kelly and Nelson,
Commissioners Casey and Newsom of
Engineer Manson. They will spend
Saturday on the peninsula and will
devote Sunday to study of the Ala
media county division of the system.
Mayor Mccarthy informed Secretary
Ballinger yesterday by wire that he
considers 1t necessary that the city
| send a delegation to the capital to
| argue for Hetch Hetchy.
At the same time the mayor sent
the following telegram to Senator Per-
| kins:
san Francisco surprised that gov
| ernment does not bear expense after
| citation of city to show cause why
Hetch Hetchy should not be revoked.
| Secretary Ballinger directs written ar
guments to be submitted alone. City
| insists upon representatives presenting
| case and will bear expense We are
| wiring Ballinger today to set date for
| hearing and would request that you
urge secretary to arrange same in ac-
| cordance with city's wish.'