Payette enterprise. (Payette, Canyon Co., Idaho) 1909-1935, 1914-04-16
Will Complete
Ok BouO Plant
Judge Dietrich Grants Permission to
Issue s25O,00o in Receivers Certifi-
Gates to Finish Ok Bow Snake RiY-
er Power Plants Now to Re
Pushed to Completion.

/! Completion of the Oxbcw power
plant, owned by the Idaho-Oregon
Light & Power company, on { e
Snake river, is made probable through
the issuance Saturday by Judge Dict
rich in the United States district
court of an order authorizing the re-
ceiver for the company TO issue re-
cieyers certificates to cover the cost
of the development work The GER
tificates may be issued in the sum
of s250,OOO.
The petition of the receiver for per
mission TO issue the certificates was
filed some time ago. One faction Of
the Idaho-Oregon bondho'd ders sided
with him The other facticn oppcs-
ed the petition.
The various interests laid their
contenticrs before the United States
district court last week Voluminous
testimony and lengthy arguments
were submitted by both sides. 1t was
hardly anticipated, however, that a
decision would be forthcoming at
this time
Judge Dietrich conferred with the
attorneys Friday evening, however,
and an agreement was practical
reached at that time. The terms were
definitely agreed upon Saturday af-
tsrnoon, and the order VIII probably
have been. posted ON the official rec
ords of the court by Monday morning.
All risk in the enterprise is 70 be
assumed by those bondholdeTs who
favored the issuance of the cerusi-
Gates. 1t is also understand that the
same interests have made arrange
nents for taking them up.
Lies idle for Years.
The Oxbow power plant is one the
OF which was COM
nenced by the Idaho-Ouegon com
oany several years ago. 1t proved
more expensive than had originally
been anticipated. The funds available,
or developmnt work there were ex-
lausted. and no construction Work
las been done for some time
When the local power war broke
,ut and various properties were ao- !
,orbed by the Idaho Power & Light
,ompany. an effort was made by the
interests TO take over
he Idabo-oregon. One faction of
he Idaho-Oregon bondholdeEs, known
&c the Priest committee, successfully ,
opposed the absorption Z
Idaho-Oreoon Needs Power. Il
II was then shown that the ldaho- /
)reeon was short of power, AMI that I
ts efficiency was to a large extent
threatened by reason OF It's sources OF :
urrent being in precari1us eoad'- I
10, II was shown that h the COM {
.any was to be a strongfa ctor IN {
he local power situation it was ss- {
entail that it be provided with q f
.reater power supply, I
w ]. Ferris. receiver fer the COM {
,any. accordingly asked from the :
ourt permission to issue certricatss $
With which to secure funds for COM ,
,letion Of the Oxbow development 1
Since that permission has TOW oesn I
ranted construction will prooaoiy ,
cmmence at once. Estimates differ
widely as to the amount of power I
hat will be produced fnom the Ok ,
.ow development The interests thaA I
pposed the completion of the plant {
eclared that the cost was greater $
han would be justified by the amount ,
( power developed. The Priest lae' a
ION maintains, however, that the a
,xbow plant will meet the needs OF a
hs company for some time to come g