The Birmingham age-herald., 1914-04-26
President Bullock Talks of Questions Affecting Local Company While at
 Baseball Game
OFFER MADE TO
 TIDEWATER ABOUT
 THE USE OF TRACKS
As Yet Has Not Been Acted Upon. Preparing to Spend S60,000 En- larging Gas Facilities-Re-
 grets Action of City in De-
 clining By-Product Gas

At the ball game yesterday. when Bir- mingham was beating into an unrecog- nizable mass the Montgomery team. George Bullock, president of the United Gas and Electric company, gave out an interview on those questions of local in terest about which there have been con stant reports during the past few days
 To begin with he said that there was no foundation for the report that the attorneys in New York and Lee c. Brad ley, counsel for the Birmingham Rail- way, Light and Power company of Bir- mingham, had disagreed as to the legality of an electric contract with the Alabama Power company. Before the question as to the interest of Betron, Griseom & Meek. New York brokers, could be asked, MT. Bullock interrupted by saying that Betron, Griscom & Meek had no interest whatever in whether the Birmingham Railway, Light and Power company eX- eeuted contract with the Alabama Power. He emphasized the statement and tried to make it as clear as crystal that the Birmingham Railway. Light and Power company could buy its power from whenever it pleased on the same basis that it bought it's coal from whenever 1t desired and that there was not the faint est question of the legality of such a contemplated step.
 Finance Committee Organized
 He said that the result of the meetings here during the past few days was to organize a finance committee to repre- sent in some new financing the Amerl- can Cities company and the United Gas and Electric. He announced that com ,nittea is composed of:
 J. J. Cannon of the Hibernia National bank New Orleans.
 Charles Godchaux of the Whitney Ma tional, New Orleans.
 John Gribbel of the Griffith Meter company, Philadelphia.
 A. J. Jenks of Philadelphia.
 s. R. Betron of Betron, Griscom X Meek, New York.
 This committee, MT. Bullock announced, will be authorized to handle those finan- cial matters that come up from time to time involving the two companies with out wasting time passing matters from one of the companies to the other for approval This finance committee, MT. Bullock said was thoroughly competent to take care of that work, and added that he was glad that the meeting de- cded upon them. The formation of this committee the discussion of matters in teresting to Little Rock, New Orleans and the general companies composed the prih- cpal business that was transacted by the officials while here.
 q cannot understand how the report originated that we were having legal dli- ficulties with the power contract sald MT, Bullock, as one of the Montgomery players famed the air
 "There is nothing to it and that l as sure you without hesitation and uneondi- tionally. In connection with the delay tt nplv bV the details or the agreement. l assure you that when the engineers are through with their work. which will be soon, and the at torneys for both the companies pass upon the drafted contract it will be executed There is no legal way by which we can be prevented from accepting the power of the Ala bama Power company MT. Bradley has advised us to that effect and he came east and spent week going over the details of the contract with the New York attorneys We have no hesita7 ton in saying that so far as we have been advised the contract can be exc cuted legally and without any risk what ever
 NO, it is only a matter of few de- tails until that subject will be settled by our actual execution of contract. | am sorry that any such report as this found general circulation because it is calculated to make a strictly erroneous impression V
 Disappointed at City's Action
 MT. Bullock studied the field situation of the Birmingham team, glanced at the gallant gesticulations of the Birmingham twirler, and then discussed the gas pro- posal which was rejected by the city
 q was disappointed very much in the rejection of our proposal" he said.
 "Yure houtl" screamed the field umpire.
 Mr. Bullock continued T will always retain the opinion that it was good thing for the citizens of this city and would have been tremendous upbuilding factor for your city. I never represented to the city that the heat units of the by product gas were as great as the coal gas. However. the difference in heat units and its difference in price of the two gases Is the main point, and as for practical purposes the by-product gas is just as good as the kind that is no wbeing used.
 I've have written the city rejecting their proposal to us in answer to our pro- posal. am no trader I believe in putt