Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1910-08-19
MOLINE

Resien0 as Cashier of East Moline
Bank.-F. E. Snd1ow, cashier of the
East Moline State bank, has rendered
his resignation to the directors of the
institution. He will leave as soon as
some one can be found to take his
place. He has been in East Moline
three years, and previous to that time
he was connected with the State bank
Of Sherrard. ]. F. Ryan of Sherrard
may be Sudlow's successor. Mr.. Sud
low will take vacation and in the fall
may enter the commercial field in this
city or East Moline.
Vaudeville Prices Acvanced.-H. A
Sodini, manager of the Family theatre,
Is in Chicago completing arrangements
for the opening of mis- vaudeville house
Aug %. He will return home Sunday.
Acts have advanced in prices, stage
hands are getting more pay, and with
other increased expenses, Mr.. Sodini
has concluded to raise the admission
fee. A 10-cent advance will be made.
the prices ranging 10, 20 and 80 cents,
Mr.. Sodinf feels that he is justified in
raising the prices. but announces that
if he discovers that the patrons want
cheaper attractions, he will lower the
prices and get the acts.
New Methodist Church. Water
towns enterprising congregation of "a
Methodists plans to own a church edi-
fee before another six months roll by.
Already plans and specifications for a
$4,000 building have been secured by
the pastor, Rev. l. j. Stevens of Milan,
and contractors are busy preparing
bids on concrete and frame work.
These bids will be opened during the
coming week. The Ladies' Aid society
of the church has raised 1925 by dill
gent labor and has purchased a lot of
ample size at the northwest corner of
Fifth avenue and Second street, Water
town. The dimensions are so by $50.
At present the congregation is holding
its meetings in Woodmen hall, but the
members have tired Of continuing serv
ices there and decision has been reach
ed to have a building with a belfry,
pews, pulpit and altar all their own.
Ready for Merger.-Preparations for
the formal transfer of the United
Light and Power company of East
Moline to the Peoples Power COM
pany of Rock Island and Moline, one
of the tri-city merger concerns, are
now practically completed and with
in a short time record of the sale
will be filed in the Rock Island coun-
ty court house. At present the Peo-
pies Power company is handling the
business of the United company I'M
der lease and the management today
is much the same as it will be after
the formal transfer. The capitalists
who control the tri-city light and
railway holdings own controlling
stock in the East Moline concern.
Attorneys are now busy preparing
the transfer papers and, with excep-
ton that the papers are not on rec
ord, the deal is nearly closed. The
United Light and Power company is
capitalized at 100000. Since the
Peoples Power company began adj
ministration of it's affairs a consid-
cradle sum has been expended in
improvements and conservative esti-
mates place the present value of the
East Moline holdings at 100000,
though some are prone to think half
million dollars is not too large an
estimate. Details concerning the
sale have not been made public, but
it is known that the capital stock of
the United company is only a nom
inal sum compared with the value
now placed on the company's hold
ings.
Entrance for New Line.-Everything |