The Nashville globe. [volume] (Nashville, Tenn.) 1906-193?, 1912-04-12
THAT AMOUNT AND MORE TO BE IN
VESTED HERE
Big Corporation Wants to Buy
Old Gas Plant.
Special Election to be Held Monday,
April 15-Voters viii Express
Their Preference-AIl objec-
tionabIe Features Eliminated
Special Privileges Grant
ed the City.

The election that will be held in
this city next Monday will be far
reaching in its affect if it carries.
1t will mean many hundreds of thou
sands of dollars to the working men
of this CITY, Many a dinner pail
that is now scantily filed will
be brim-full for many months, and \
everybody will be benefited
The provisions of this ordinance /
eliminate all of the many objections
urged against the ordinance of the |
Nashville Gas and Fuel Company re-
iected at the November election, 1910 /
Every point of objection raised
against the rejected ordinance has
been met and overcome in the ordin-
ance now submitted to the. people OF
Nashville. Attention is called to
the following specific points of diff
ference between the ordinance asked
by the Nashville Gas and Heating
Company and that of the Nashville
Gas and Fuel Company, which was re-
jected in November, 1910:
1. The rejected ordinance asked for
a grant of fifty years, with the right
to charge a fixed price for gas dur
ing that entire period, with no right
to the city to regulate or reduce the
price so charged.
This ordinance asks for grant for
forty years, with the right expressly
given To the city to regulate and re-
duce the price of gas at every period
of ten years during the life OF the
franchise.
9 The rejected ordinance provided
for the inspection of meters on com
plant of any consumer, and, III the
event the complaint was unfounded,
the consumer should pay the expense
of the inspection; ana, ii we'll founded,
the company should pay the same.
4 This ordinance provides for such
4 inspection on complaint of any con-
sumer, to be made wholly at the ex-
pense of the company, notwithstand-
ing what the result of the inspection
may show.
2 The rejected ordinance, as intro
duced and passed by the Council, pro-
vided for a minimum charge OF 50c
for gas to consumers having meters
installed.
This ordinance provides a minimum
charge of 15c to consumers having
meters installed.
A. This ordinance does away with
meter rent.
So did the rejected ordinance. But
under the existing franchise of the
Nashville Gas Company meter rent
is charged and collected.
:. Under the rejected ordinance the
company agreed to pay to the city
one hundred thousand dollars (SlOO,-
O00OO) within ten days after the rati-
fication of the said ordinance by the
people.
But this payment of one hundred
thousand dollars ($1O0,000.00) was to
he in lieu of all special or privilege
taxes levied or imposed, by the city,
upon the company.
Under this ordinance the company
will pay to the city the sum of one
hundred thousand dollars (SlOO,OOO.'
nor within ten days after the rati
fication of this ordinance.
But this payment of one hundred
thousand dollars ($100OOOOO) is to
he in addition to all taxes imposed
bv the city upon the company
G. Under the rejected ordinance the
company agreed to pay to the city
7 five per cent. on the gross production
of gas only.
Under this ordinance the company
will pay to the city, half-yeary, in
addition to the $100,000O0 and al
taxes above referred to, five per cent
on the gross production of gass, and
in addition thereto, on the produc
ton of all by-products.
7 Under the rejected ordinance, il
was provided that the five per cent
navments on the gross production o.
gas should cease when the Mayor
and City Council should pass an or
dinance making a grant to any othel
company.
Under this ordinance this compan!
will continue to pay the hVe pc
cent. on the gross production OF ga'
and all by-products, until such time
nc the city passes, and the qualified
voters approve. an ordinance grant
ing 2 franchise to some other com
many. and such company shall actual.
engage in business
S. Under the rejected ordinance tn
CITY had no right to grant franchis
TO n nasdral gas company.
Under this ordinance the city eS
pressly reserves the right to gran
a franchise to natural gas company
g The rejected ordinance made n
nrovision for sworn statement by tn
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