Arizona republican., 1910-03-29
s40,00O F0R
 MESA CANAL Probable Price Government
 Will Offer MEETING NEXT SATURDAY
When a Number of Import ant Propositions Which Will Be Submitted By the Government Are to Be Considered.

There was rumUr m general clrcu- lation yesterday to the effect that on next Saturday meeting of the stockholders of the Mesa canal syx- tenn. Louis C. Hill. representing the government. will offer the owners of the above mentioned canal the sum of Si3.pV0 for the system. which. of course. includes the laterals and other canal property. As above stated. the sum is rumor. but even though it did not come from an official source an official source in this case could be no other than MT Hill or his au- thorized agent-but il did come from director of the canal company. and likewise member Of the directorate of the Water Users association.
 Taking into consideration the ink lings that have leaked out of the conferences between the government officials and the directors of the Mesa Canal company gives the rumOr some weight with men in position to know the probable price the govern mCnt will offer for the system. Ip fact. some of the directors of the canal have been heard to say that even a less figure than that above quoted would be offered for the propo- sition. while others have placed the figures relatively higher
 There are number of important items in the proposition to be sub mitted by the government which it is safe to say will have to be placed be- fore the stockholders with consider able explanation. The two most i'm ar fniG i1f iS sumed the government will offer sl00 share for Mesa capital stock when it has for years been quoted regularly oa the local market at $500. and has been bought and sold at the latter figure Another item is the cost of maintenance. For the past twenty years or whereabouts the cost of maintenance for every share of Mesa water has been approximately tl600: this. 1t is estimated. will amount to practically 90 cents per acre per year. While the cost of maintenance under government control has not been given out definitely. il is estimated by the stockholders. or a few of them. at least. that the maintenance will be increased to figure not far from 3l.60 per acre per year. According to this advance in the price of main tenance would amount to s1.1o per acre per year. while shares of the capital stoc kin the company would depreciate s100 each
 However, there is another side to the question. The stockholders of the Mesa canal for the past twenty years have been getting cheaper water, in fact. a good deal cheaper. than those under any other canal in the valley. IL will be remembered by the older settlers in the valley that prior to the organization of the Consolidated Canal company the cost of maintenance of the Mesa canal was at very high figure. An agreement was entered into between the Mesa Canal com pany and the Consolidated. whereby a joint head was utilized Mesa water and Consolidated water running through the same canal until the division gates was reached. The a agreement proved to be a decidedly good one for the stockholders of the Mesa canal. inasmuch as their main tenance was brought to minimum.
 one of the most important features pl lNt iTpifDSilitli dpptdiS to pc tiiot in the event that the Mesa canal is not turned over to the government it will mean that it will not be a par ticipant in the distribution of the stored water. and will. Of course. re- ceive no benefits from the Roosevelt project. This is fact that is pretty understood. While the cost per acre will be more than was at first estimated-in fact. more than at the time majority of the land. owners signed up to become participants in the paving for the reservoir as well as sharing in it's bcncfits-it still remains that in order to reap the results of Inc project they must dispose of their in the canal in order to com ply with the plans established by the government Tn completing the final disposition of the enterprise.
 JOLLY TWELVE'S QUALIFICATION.
 The Jolly Twelve journese1 tn Granite Reef Sunday. for the ruc- pose of taking an outing and incl icntally 10 fish. In this instarcc the