Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1911-10-22
TO THE PUBLIC:
ADVERTISEMENT

(AdveTtisement)
Feeling as We do that it is incum-
bent upon us to deny some of the
statements made by the opponents of
foreign capital and at the same time
outline our policy towards Americas,
we would call your attention to the
following brief statement of facts.
o. The Americas Gas & Electric
Company has acquired the rights, fran
chises, privileges and property of the
Americas Railway & Light Company
and is installing machinery and maxi
ing extensions to gas and electric
lines as rapidly as possible. Cash ex-
penditures on this account during the
last sixty days have exceeded $25, 900,
and as much more will be expended
within the next sixty days Americus
will then have as we'll equipped a
plant as any city of its size in the
country.
o. Mr.. Thomas D. Nesbitt is
President of the company, Charles D.
Rodd, Vice-President and B. F. Just,
Secretary and Treasurer. These three
and w. H. Johnston comprise the
Board of Directors. Mr. A. n. Walker
is no longer connected with the COM
pany, either as officer, director or
stakeholder.
3D. None of the securities of the
company are held by residents of Am
CIRCUS and no resident of Americas is
financially Interested in the company.
The entire investment in the property
represents outside capital brought to
your city with the expectation that
investors would receive fair treatment
at the hands of the right thinking, fair
minded people, whom, We are satisfied,
are in the large majority.
a. The Americas Gas & Electric
Company has no desire to become in
terested in your water works system
and its officers and directors have
never even considered or discussed the
matter.
90 We would call your attention
to the last paragraph of letter written
to the water works committee, copy of
which was furnished each member of
the City Council. 1t was as follows:
1--WE want this contract-we need it
but We do not ask for it or expect it
unless your own knowledge of the sit
uation cOnvinces you that by making
it the city of Americas will be able to
secure very substantial reduction
in the operating cost of its pumping
station and thereby show a real
cash profit from its water system
from year to year
60 Your city engineer, in consul
tation with two members of the wat9r
works committee recommended the
making of a contract for power at 3
cents per X. w. hour and advised
them that such a contract would mean
a considerable saving to the city. This
rate was then cut to 1-2 cents.
o. The new power plant will be
in operation within the next sixty
days and will have capacity TEN
/ TIMES as great as the plant now be-
ing operated. Our rates for power
will be 50 low as to invite manufac-
turing plants and our company should
be a strong factor in building UP your
city w will ask nothing from the
people except fair unbiased, courteous
treatment, meeting them on business
basis and giving them the best Of
service at just and reasonable rates.
Let the dead past bury its dead. "
We have hal nothing to do with the
mistakes others have made-ler's TO-
get them Very cordially yours,
AMERICUS GAS & ELECTRIC
Company,
By T. D. NESBITT, President.