The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1911-06-12
Richmond Water Works
Company and E. M. Camp
field Today Submit Propo-
sitions to Board of Works.
BOTH PROVIDE FOR
OWNERSHIP BY CITY
Proposals Are Voluminous
and the Board of Works
Will Take Its Time Consid-
ering Two Bids.

Two water works companies, one
the Richmond City Water Works com.
pany, the other the f. NJ. Campfield
company, said to be unincorporated,
submitted bids for furnishing water
to Richmond. when the board OF
works met this morning. The pro-
of works. and within two weeks the
board. with Attorneys Jessup and
Gardner. will meet to make minute in
spection OF these bids.
Both c. T.. Shiveley, representing
the local company. and A. C.. Linde-
muth, representing Campfield, are
confident the bids of their respective
Lindemuth puts In the proviso. IF we
get square deal"
In brief the bids contains the fol-
lowing provisions:
Comparison Of Bids.
The Richmond City Water Works:
Free meter rental
Participation of the city in receipts
Of plant, thus: Up to per cent pro-
fits the company takes all; between
6 and per cent profits, the division
Ia so per cent to the city and so per
cent to company: above per cent. all
profit goes to the city.
The purchase clause reads: When
the stock is Increased the city has the
privilege of taking any part or all of
II. The city, upon six months notice
may buy tho plant at any time out
right. Stockholders OF the company
cannot be forced to sell their stock.
No free water.
Fire hydrant rental, $50 per year.
The r. NJ. Campfield company:
Free meter rental.
Free water as at present.
The purchase clause reads thus:
The city Is to take $50,000 capital
stock Immediately. For the $4,000
stock. u Of the profits OF the COM
pany il to be received by the city.
Every year the city must buy $4,000
worth of capital stock.
Fire hydrant rental at $42 per year.
The only statement made by city
official was by City Attorney A. M.
Gardner. After II. A. Dill. superin.
tendent of the water works company
said there would be no more free wa
ter. he objected.
Gardner Protests.
"Then," declared the city attorney,
III the company does not earn s per
cent profit. We get nothing. Not even
free water. II we get the free water.
no matter what the company earns.
Al ,ny, <~f th<> Fro, nru-
ter. I would suggest providing max
imum quantity for the schools to use.
and for the city buildings and parks.
Let us pay for ali over that amount"
In introducing the bid. Mr.. Dill made
the following statement to the board
OF works:
"The company only asks for fair
return on the investment. ! believe
6 per cent Is conservative. On all i'm.
provcments where stock Is issued the
city may take the stock, or 1t may buy
the plant outright.
AN important point in our bid Is
that pertaining to free water. There
IL too much waste by the schools and
public buildings and parks. Obtain
ing water In Richmond Is expensive
and there can be no waste. The com
pany does not propose to limit the
legitimate use Of water but to cut
down the necessary waste. Since my
term as superintendent, we have GU,
down the waste consumption $4,000,
900 gallons. High school uses y OF
. million gallons every month. Much
IL waste. Cut down the waste and
the rates can be cut down.
I'VE make the fire hydrant rental
$50 per year. This Is a decrease from
SIS. II We had made the plug rental
higher the private consumption rate
would have been higher. For fire pro
eaction In city Of Richmond's size
the cost OF maintaining the plant, Is
80 per cent higher. The purchase
clause IL fair. The majority of the
stock and % OF the bonds of the com
pany are in the city. II is not a
game Of holdup. We shall serve the
public as we'll as In the past, II not
better"
Shlveley's Statement.
"The Richmond City Water Works
company has had very little trouble
Il has been reasonable In Its dealings
with the city and with the pubic al
large. Conservation Of water means
cheaper rates and increased profits fol
the city. Waste in this country is the
cause Of hard times. When a man ol
woman goes hungry II is because ol
some waste. A six per cent basis o
peofits to the company 10 reasonable