The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1914-01-03
POWER WAR" SAID
TO Be ONLY BLUFF
Idaho Companies Apparently
Fighting Each Other De-
clared One in Interest.

BOISE, Idaho, Jan. 2.---Outward ri
walls independent of one another, but by
testimony given in the federal cour'
here. supported by affidavits of stock
holders, alleged TO be owned by the
same parties, is one of the startling de-
velopments in the electric power war
that reached a climax in this city this
week between the Idaho Light & Power
company, formerly the Beaver River
Power company, and the Idaho Oregon
Light e. Power company. Temporarily
the conflict between these two compan-
Idaho Light & Power company cut OF
the power it was serving the Idaho. Ore
gon company because the latter had not
paid 100000 alleged due for services
rendered, Judge Frank S. Dietrich
granted an injunction and restraining
order directing the Idaho Power q
Light company to continue giving serv-
ice until on or about February /, when
the two main plants of the daho-Oregon
company will ha fully repaired.
La the maze of legal ENHANCEMENT
and OF franchise confusion which re-
wolves about these two power compan-
les, consumers are almost at loss to
ascsrta ain who is delivering them power
and whether the two companies are II
uation has never been paralleled before
in the history of this state and prob
ably the northwest.
Between the bondholders and the
stockholders Of the Idaho Railway
Light & Power company and the Idaho
Oregon Light g. Power company there
have been factional differences, the
stockholders of both authorizing com.
mittees representing the majority and
minority holders to come to some set
tlement which so FAR they have been
unable to do.
Prilor to the appointment of the re-
ceiver, s. L. Fuller, head of the Idaho
Railway, Light g. Power company, when
testimony was being taken in the fed
had closed deal with the then Beaver
River Power company, rivals in this
field in serving electrical energy of the
Idaho-Oregon COMPANY, for the purchase
of the. Beaver river holdings for $685.
600, OF which $3.50, 900 was paid in cash
and the balance in first mortgage bonds
of the Idaho Railway, Light & Power
company, The Beaver river company
shortly afterwards changed its corpor-
ate name to the Idaho Light G. Power
company.
Daniel M. Lord. citizen of Illinois,
owner of fifteen shares of stock in the
railway company, filed an affidavit in
the federal court in which he sets
forth the sale Of the Beaver river COM
pany's holdings to the railway COM
pany, and charges that for some rea-
son unknown to him. Receiver Markhus
of the railway company has failed to
assume charge Of the Beaver or the
Idaho Light & Power company, which
is owned by the company Of which he is
receiver.
Lord asks the court to commend Re-
ceiyer Markhus to take charge of the
Idaho Light e. Power company and its
holdings and operate it In conjunction
with the other railway properties. He
pany owns a majority of the capital
stock of the Idaho-Oregon Light &
Power company, but that II is permit
ting the Idaho Light & Power company,
also, part of its own holdings, to be
conducted and operated in such way
rs to deprecIate the value Of the Idaho
oregon holdings. hence in reality TO the
detriment of the holders of stocks and
bonds of the railway company.