Shoshone journal. [volume] (Shoshone, Idaho) 1884-1931, 1914-02-06
said date be and Is hereby fixed as
February 9Th. 1914. and:

, ordinance 1t is provided that the
i rights and franchises granted under
said ordinance are voluntarily trans
. ferable only by ordinance duly and
, regularly passed by the Board of WI
lage Trustees of the Village Of Sho-
shone and approved by the Chairman
OF said Board. and that in the event
the said The Beaver River Power
Company should within the life Of
said franchise assign or sell the said
franchise, then the transferee should,
by the acceptance of the transfer
thereof, be obligated to carry out and
be bound by all the conditions con-
tanned in said ordinance to be per-
formed, on the part Of said grantee,
its successors and assigns; and
WHEREAS, the officers and share
holders Of said The Beaver River
Power Company, corporation. as
aforesaid, have hereunto deemed il
advisable for the best interests of
said share holders and Of the various
communities wherein said company
has heretofore operated, to segregate
its property and holdings in the State
Of Idaho. from its property and hold
ings in the state Of Utah, and other
places, and to that end corporation
known as and called the Idaho Power
& Light Company has been duly or
ganized under the laws of the State
of Nevada and has complied with all
the laws and requirements of the
state Of Idaho. said Idaho Power &
Light Company being organized for
the purpose of taking over the prop
erty Of the said The Beaver River
Power Company within the state of
Idaho for a proper consideration and
under proper limits: and
WHEREAS, said The Beaver River
Power Company, corporation, as
aforesaid. desires to voluntarily trans
fer unto the said Idaho Power G.
Light Company, corporation, as a
foresaid, all the rights, authorities
md privileges and franchises here
ofore granted it under the provisions
If said Ordinance No. so and said
IDAHO Power & Light Company, a cor
'oration as aforesaid, desires to ac-
ept said transfer and is willing to
e obligated to carry out and be bound
~ all the conditions Contained in
aid Ordinance No. SO on the part of
aid The Beaver River Power Com
any, the grantee therein:
NOW, THEREFORE,. BE IT Or
'AINED BY THE CHAIRMAN AND
HE BOARD OF VILLAGE TRUS-
EES OF THE VILLAGE OF SHO-
LINCOLN COUNTY, STATE
F IDAHO:
SECTION l. The Beaver River
over Company, a corporation, is
ereby and by the terms of this or
nance, authorized to voluntarily
ansfer to the Idaho Power & Light
corporation, all it's rights,
'ivileges and franchises given. con-
rred upon and confirmed to said
ne Beaver River Power Company, a
rporation, as aforesaid, under and
? virtue of the provisions of Or
nance No. 50 passed by the Chair
an and Board of Village Trustees of
e Village of Shoshone, Lincoln coun-
State of Idaho, on the 9Th day of
ay, 1918. and approved by the chair
IN of said Board of Village Trus-
IS on the 9Th day of May, 1913. and
GREATER and on the 29th day of
ly, 1913 duly and regularly accept
by the Beaver River Power Com
ny: Conditioned that said Idaho
wer & Light Company corpora
n, shall upon such transfer being
de and completed, file with the viii
e Clerk of the Village of Shoshone,
acceptance in writing of said
nsfer so made. and obligate itself
rein to carry out and be bound by
the conditions in said Ordinance
so had and contained on the part
the grantee therein and substituted
lew bond under Section 10 of said
finance or amendments thereto,
that thereupon and after the
king and acceptance of said transfer
fling of said acceptance and writ
obligtion and the approval of the
: bond the said Idaho Power &
hit Company. a corporation, shall
coed to all the rights and privileges
an, granted. conferred upon and "a
hrmed to said The Beaver River
rer Company, a corporation as
'esaid. under and by virtue of the
rs Of said Ordinance No. 50 and
the same has been further inter
ed by the resolution of the Village
I'd of the Village of Shoshone as