The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1912-11-15
Have Not Begun Work in Cald.
well as Agreed Under
Bond.
LIMIT WAS SEPT. 4rH
Citizens Would Like to See Nav
Franchise With Nine Cent Mari.
mum Rate Granted Beaver River
Company with Cash Bond to Assure
Completion of System.

Has the Beaver River company for
feited its right to the franchise
granted to them this spring, and is
the city now in position to demand
payment of the $4,000 bond of the
surety company
These questions are being asked BY
many of our citizens. From the plain
intent expressed in the bond. the
$S.OOO.OO belongs to the city, but the
word system" is thought by some to
give the company loophole through
which escape may be had.
When the two companies applied
for franchises. the council after due
consideration decided to grant iden-
teal franchises to each company and
demand a certified check from each,
as bond that work would be COM
menced within a certain time, q
guarantee OF good faith. One of the
companies Immediately came through
with q certified check for the 100000,
but the Beaver River people for some
reason declined the honor. Later the.
council allowed them to deposit q
surety bond in place Of the cash.
By the terms of the bond, the
Beaver River company must begin
work upon it, system in the City Of
Caldwell within six months from the
date the ordinance granting the fran
chise was approved, !. e., March 4,
1917. Thus Il would appear to the
plain citizen that the company was
bound to begin work within. the
boundries of Caldwell not later than
September 4, 1912. The electricity
was to be ready for use January 4.
The clause of the bond bearing on
this matter, is as follows:
+ Whereas by resolution duly pass
ed the Mayor and Common Council
of said city, said franchise it to be
granted to said principal only upon
said agreement to begin working up
on the system to be constructed by it
in the city of Caldwell for the purpose
of transmitting electricity and cleo
trical current in the said city for use
therein within six (0 months from
the date of the approval of said or
dinance and within ten (l0) months
from the date of said approval to fur
nish electrical current for use in said
city" s,
There is quite little sentiment in
favor of the granting of another fran
chise to the Beaver River company
upon maximum rate of 9 cents--the
rate that the company has asked upon
contracts made with quite few citiz-
ems few months since. If the
council decides that the city is entitled
to the $4,000 action may be started
looking towards collection and the
Beaver River company may then wake
up.
Quite prominent citizen said yes
terday that the words ito begin work
upon the system to the be constructed
by it in the City of CALDWELL could
only mean one thing, and that the
city was entitled to the bond money
and that the company had forfeited
their right to the franchise and should
be made to accept a new franchise at
better rate cat the rate which by
asking for contracts they admit is a
profitable one: 9 cents.
1t is thought probable that the
council will soon take some action in
the matter, il they decide that the
company has violated the terms of
their contract.