The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1910-05-23
Fix Price at 80 Cents-Bar
Issuance of Certificates
of Indebtedness.
COUDREYS REPORT
EXTREMELY BRIEF
Refers TO Hearings Held by Com
mittee-Substitute Resolution
Presented by Cary.

Representative Co1drey OF Missouri
and cary OF Wisconsin today made IA
Foraole reports 20 the House on their
respective bills for5idding the washing
ton Gaslight Company and the George
Town Gaslight Company from issuing
cerJincates OF Indebtedness. and fixing
the price Of gas at 50 cents a thousand.
Mr. Coudrey's report relating 70 Ger
uhcates OF Indebtedness is extremely
brief
The committee, said SIr Coudrey.
held several hearings upon this resolu-
ton. Of which the representatives OF the
gas company had due notice and al
which they appeared and vese heard.
Parties fsvoring the passage Of the reso-
luton were heard in person and bv rep
resentatiyes- After the fullest cousid-
Grafton the committee concluded that the
resolution ought 70 pass"
The report declares that the resolution
prohibits the Washington Gas Light Com
pany, Georgetown Gas Light Company,
Or any other gas light company 5n the
District OF Columbia from issuing any
bonds. certificates OF indebtedness. OF
any other evidence OF debt except such
as shall actually be required for the pay
nent Of necessary betterments and in
Provements only, without the express
consent Of Congress.
Mr. Coudrey accompanied his report
with q letter from the District Commis-
.sioners favoring the legislation.
Substitute Resolution.
The substitute gas resolution as re-
ported favorably 10 the House BY M
! cary provides
That on and after January frst,
4 nineteen hundred and eleven. II shan
Z be unlawful for any person. drm. OF
I corporation. vending gas for lliuminst-
+ ing or heating purposes in Lne District
( of Columbia. 10 charge therefor a great
e. price than So cents per thousand feet.
I Provided. however. that Il a consumer
Of gas fails or refuses 70 pay his oili
for gas consumed on or before the tenth
Gay OF the month next Eu- ceedlng the
month within which the = As was con-
sumed, il shall be lawful TOT the vend
e or me gas 70 charge, collect and
receive an additional amount equal 20
10 per cenrum OF the bill as a penalty.
Section . That said gas companies
shan not refuse 20 supply gas for any
building or premises 10 any person D
plying therefor who is not in arrears
20 u I0r any gas previously supplied
70 hin, because z bill for gas remains
unpaid BY a previous occupant OF such
/ building or premises.
Section g That Il either OF said
companies holds. for q longer period
than six months. money which = col
{ IecLed IN advance from its consumers
I 10 guarantee L against losses Of charges
or tolls. IL shall pay annually from such
guarantee fund interest at the rate Of
s per cenrUm per anuum 20 the depcsitor
thereof, which interest may be applied
20 the payment OF charges and tolls BY
said depoSi-Or. ar his request. upon any
monthly bill said companies shall make
an annual return or statement Of all
moneys and OF the value Of any col
lateral SO held as q guarantee Of the
Z payment OF charges and tolls, specify
E ing the amounts 50 deposited BY the in
Z habitants OF the District oF Columbia.
section That all acts and rarts
Z Of acts IN conflict herewith are hereby
! repealed
CarY's Report.
In his favorable report. Mr.. Cary
says:
The original bill. which fixed the
price Of gas IN the District OF Colum-
+ bia- was submitted 10 the Commits
Z sioners Of the District OF Columbia,
( but they reported that they were un-
able 10 advise as 20 the price AZ
I which gas should be furnished
The committee. however. after
( having had under consideration sew
/ eral proposed measures Of legislation
/ relating TO the gas companies OF the
+ District and their operations con-
/ clU6ed 20 report this bill fixing the
rate at so cents per thousand on and
after January I, 1911. and providing
I regulations 10 correct certain abuses
/ Of which frequent complaint has been
made"
+ Other Bills.
Among the other bills favorabFy re-
! ported by the committee are the teach
| ers' retiremeus fund bill, a resolution
( providing for the purchase Of land for
widening Park road. and q Senate bill
/ authorizing the extension OF Barry
place.
Representative Campbell Of Kansas
( also pSeseGted a conference report regu-
/ latins the height Of buildings II the
4 DiStpict
( The teachers retirement fund report
/ was written by Representative Oicott OF
I New York. The object SS the oil IS Sc;
forth in a brief resume prepared by Mr-
I Olcott-