Evening capital news. (Boise, Idaho) 1901-1927, 1914-07-29

to the project, diverting 1t at the Mil
ner dam. The Kuhns failed and the
company failed to make its water de-
liveries. Controversies arose over the
payment of contracts and maintenance
charges with interest. The bondhold-
ers finally took the matter in hand,
drew up a new contract and offered 1t
to the settlers and the board for APP
prevail R. B. Shepherd, a Billings,
Mont, banker took charge of the bond
holders affairs and representative of
the trustees. Many of the settlers, es-
pecially the Water Users association
of the tract, objected to the terms of
the new contract and at an extensive
hearing before the land board a week
ago the differences of all sides were
aired and the matter of final approval
Of the contract was put up to the
board.
Boards Statement
The boards statement is as follows:
Application has been made to the
state land board to modify the exist
ing contract between the company and
the settlers on the project, the amend
ed contract being formulated and adj
vocated by the bondholders committee
To this amended contract protest was
filed with the state land board by GER
tain settlers under the project, and
said protest sets out fully and ably
the objections of such cettlers.
"A public hearing was had to con-
slider the objections, at which hearing
the bondholders' committee and the
Directing settlers, as well as settlers
in favor of the new contract, were
heard by the board at great length, and
the arguments in favor of and against
the contract have been carefully and
fully considered by the board.
1T is and always has been the atti
tude of the board to obtain for the set
tiers under the project, and all other
projects, the most favorable considera-
ton possible. 1t has been and is the
earnest desire of the board in this par
ticular matter to obtain for the set
tiers the best contract that can be had
"At the same time the board has
felt and does now feel the imperative
need of the project being completed
at the earliest possible date, and the
board has felt and does feel the dan
ger that would result to the project
by delay in its approval of this con-
]
accrue to the settlers throug the fail
ure of the board to avail itself of this
proposition to the bondholders, which
seems to be the last and only remain
ing proposition which looks to the
completion of the project and the fur
nishing of adequate water supply to
the tract.
"The board has held this matter IN
der consideration and has earnestly
endeavored to obtain for the settlers
all that they have asked for, and the
board is satisfied at this time that in
the main the contract Is a fair one;
that it affords advantages to settlers
over and above the advantages afford
ed by the contract under which they
are now living, and that the advantage
of the settlers demands that the board
do not delay its action further upon
this matter The board is satisfied
that in the main the contract offered
| by the bondhOlders' committee to the
settlers is the best contract that can
be had, and that except for certain
features which will hereafter be men
toned, the bondholders will not accede
and cannot accede to the demands of
the protesting settlers. As stated
above, this is a source of regret to the
board, but the board is faced with a
condition which demands immediate
action, and in its nature and honest
Judgment the contract offered is, in the
main, the best that can be had
THE board feels, however, that in
the matter of delivery of the water
from Jacksons lake reservoir to Miner
dam, that the company should be re-
sponsible for such delivery, and the
board has failed to approve that por-
ton of paragraph 10 of the proposed
contract which places the responsible
ity for such delivery from Jackson''
lake to Miner dam upon the settlers
and the board has provided in lieu o.
such provision that such delivery from
Jackson's lake to Miner dam shall bt
under the control of the company, ant
that the company shall be responsible
therefor under the terms of the con,
tracts heretofore approved by the stat,
( board of land commissioners.
"The board has this day entered al
order approving the contract except al
above stated.
"The board avails itself of this op
+ portunity to extend to the settlers IT.
best wishes for their success and hap
piness and for the prosperity of tn
tract and the board earnestly indulge
the hope that the project will now pro
= coed rapidly to completion, and pledge
its assistance in every way possibl
\ looking to the absolute fulhllment 0
q the contract on the part of the com
pany and the construction of an alb
] solutely secure and adequate system