The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1912-05-07
". & |. co. WILL
ING. TO ARB|TRATE


missloners Stoker and Bradshaw pres
ent.
Practically the whole time of the
session has been given op to the con-
sideration of bills and reports of coun-
ty officials.
petition from citizens of Winnie
mucca for installing arc lights at cer-
tain street intersections was laid over.
Petition of Lovelock residents for a
sewer on West Humboldt street was
laid over.
The following communication was
received from the Winnemucca Water
& Light company:
Proposition of Water and Light Co.
Winemucca, Nevada, May 6, 1912.
To the Honorable Board of County
Commissioners of Humboldt County,
Nevada
Gentlemen:
In response to the request of your
honorable board to state a price we
will take for the holdings of the Win
nemucca Water & Light company, the
company by its secretary thereunto
duly authorized, respectfully shows to
your hnoorable board and makes Of
fer, as hereinafter set forth, as fol-
lows:
That heretofore your honorable
board has caused a portion only of the
company's holdings to be surveyed
and appraised by engineers selected by
the board, and that the engineers so
selected have reported upon only
portion of the property of the COM
pany, at least the company is so in
formed and so understands; that the
Winnemucca Water & Light company,
agreeable to the wishes of the board,
and on the request of the engineers ap-
pointed, gave to such engineers all
data then in its possession with re-
spect to the holdings of the company
heretofore employed in distributing
water and light to the people of the
town of Winnemucca; that no infor-
nation was requested with respect to
the holdings other than the holdings so
used; that the other holdings were not
considered as far as this company is
informed, and the other holdings here
matter specified were not included in
the estimates or valuation contained
in the report of the engineers employ
ed by the board; that such other hold
ings consist of about 1900 acres of
patented land situated along the
course of Cross creek, and the first
creek, together with what were for
merly known as the Thomas and Nell
son ranches; said Thomas creek water
and the ranches having heretofore
been acquired by the company for the
purpose of supplying additional pure
mountain water and additional power
for distribution to the inhabitants of
the town of Winnemucca but not hav-
ing been yet applied to that purpose.
lnasmuch as the said property has
nat yet been considerable follows that
any valuation placed on the holdings
of the company would be different
than valuation placed, by the said
engineers, upon only part of the com
pany's property, towit, that portion
only which has been heretofore EN-
braced in the present system Such
being the case, the company cannot in
justice to itself and its stockholders,
nor in justice to the board, at this
time make an offer of its holdings,
without being specifically informed as
TO what is intended to be meant by
the wording "holdings,'' contained
in the request of your honorable board
made upon the representations of the
company The company therefore re-
quests that time be given, so that
there may he full and complete UNI
derstandinp of all the matters involv-
ed. The company being unable to de
termne what is required of it from
the brief nature of the request served
upon it, application was made to the
clerk of the board for permission to
inspect the reports of the engineers,
TO assist it in better understanding
o. what was required of it, but permis-
sion to see the report was denied
I his company fully realizes the inn
portance of the matters involved to
/ stockholders as well as to the peo
Pile of Winnemucea, and desires TO
meet all the requirements of the
hoard and to assist in every way that
il can in reaching fair and business
Ike understanding of all matters con-
nectod with its holdings, and in fixing
price thereon if the board so de-
81 es; and to the end that these mat
te may be fully and fairly consider
ed, this company now offers to submit
tie entire matter of price, property,
water and water r-rights, together with
the terms and conditions of the option,
to "a committee of three persons, one
member of such committee to be APP
pointed bv your honorable board one
member to be appointed by the com
pany, and one member to be appoint
ed by the two so selected That the
board, or any other person, may offer
and furnish pertinent and proper data
and evidence as to all matters involv-
ed,and that the company may have the
same right; that the committee shall
have the full benefit of the reports
heretofore made, and that the board
and the company may reserve the right
of approval or ratification of the com
mittee's action, or at the board Is OPP
tion the action of the committee may
be conclusive as to the matters consid-
cred by it; and the company offers to
pay one-half of the expense attending
the determination of such committee,
if appointed. The company takes the
liberty of suggesting that the appoint