The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1915-05-06
STATEMENTS FALSE
THOMPSON ASSERTS
No Misrepresentation by Breadloaf
Mountain Power Co. Will Fight
to Keep Power in State.

OWInS 10 III lIlneSS L nave DcSn uU-
able prior to this date to reply to the
declaration of the Boston Construction
company and A. c. Gould in the suit
against the Breadloaf Mountain Pow
Ter company and myself.
This declaration for misstatement of |
facts is a remarkable document. In
July, 1914, we entered into a contract |
with one A. G. Gould of Boston, who
was to purchase sufficient bonds of |
said Breadloaf Mountain Power com |
pany for the completion of our hydro |
electrical development at East Middle. |
bury. In the latter part of Deem
Der, just prior to the first payment
from A. G. Gould, it came to our
knowledge that he was unable tol
make said payment and that he did
not have the individual wealth which
we had supposed that he possessed,
| nor did he have connection with GER
tain banking houses which would en-
able him to place this issue of bonds
which we had been led to believe that
he had. Therefore, on December 31st
this contract with A. c. Gould was
dropped by mutual consent One
month later we entered into a contract
with the Boston Construction company.
and said A. G.. Gould was supposedly
their counsel This contract called for
the payment to the Breadloaf Noun
tain Power company prior to July l the
sum of $4,000 and on July / actual
CONSTRUCTION on the plant was to be-
lgin, said Boston Construction company
furnishing the money for the building
of said plant. The obligations of the
Breadloaf Mountain Power company in
said contract rested entirely on the
payment or payments of money from
said Boston Construction company.
The treasurer of said Boston Construc-
ton company made a personal inspec-
ton of the property at East Middle
bury and understood thoughly what
lands we owned and what were to be
, purchased and, in fact, understood and
accepted the terms of the entire propo-
, sition
All statements that the Breadloaf
Mountain Power company or anyone
connected Herewith made any false
representations to the Boston Construe-
ton company are maliciously false. In
: fact with this inspection it would have
been impossible for any such state
|. Iment TO have been made.
! After the Boston Construction com
S pany had advanced So $50 they lapsed
in their payments to the extent of ap-
proximately $4,000, giving as a rea-
: son that they had discovered a tech,
meal error in one of our titles and
this in spite of the fact that Mr. Ira
: Lafeur, chosen by said Boston Con
I struction company, had passed on this
!, title and found it to be valid. The
titles of all lands connected with this
enterprise had been in the name OF
: the Breadloaf Mountain Power com
4 pany since February, 1914, until under
! the advice of said A. G. Gould, whom
{ we. supposed was acting for the Boston
: Construction company, the said titles
/ were transferred late in February
/ 1915, to Charles II. Thompson, thu
original owner, for the purpose o.
: clearing the title. Said Thompson wa
| about to transfer back to the Bread
: loaf Mountain Power company when i
ibecame apparent that the Boston Con
It struction company did not intend t
J. lcarry out its contract and therefor
II the titles were allowed to rest wit
l. said Thompson, as he was the origina
: owner.
t, This water power has been surveye,
Iby f. A. Walker Of Barre and Charlie
1T. Main of Boston, who both agre
Z that there is $500 h. p. at the static
in East Middlebury without any stol
! age development.
The development of this natural r.
Z source has been a large and arduou
] undertaking for the group of youn
B men who comprise the Breadloaf MouI
8 tain Power company and since the va
ue of the property has been establish
& ed by the engineers there has been
+ steady and continual attempt on til
I part of the Boston people to obtai
4 control of this property and ia Ike
q away from the Breadloaf Mountai
Power company. The Boston peopl
have derided the Vermont public Sc
3 vice commission and attempted t
n force US into a Massachusetts organic
4 ton, which we steadfastly refused t
4 enter into. We have planned to d,
4 velop this water power for the benef
4 of Vermont under Vermont laws an
y we propose so to do. I cannot say ho
I long the fight will continue, but I ca
state that it is going to begin rigf
- now.
We have naturally, carrying such
! large project, used some credit, bu
] taking into consideration the Iarg,
4 ness of the enterprise, we have bee
4 remarkably prompt in our payment
4 Iand have used very little credit
ratio to the value of the property.
I now appears that all the people WI
1 have advanced any money in this ma
! ter to US have joined together for ii
EIpurpose of obtaining control of tn
nlproperty and taking the power out
HEthe state. With one exception a
4 these gentlemen are not residents
4 the state of Vermont.
The Boston Construction compar
hold the notes of the Breadloaf Mou
q ttain Power company for the So $50 a
a Ivaneed and will receive their none
= on the maturity of this paper. I'll
II claim of A. G. Gould is hardly Wort
4 discussing. So far as we know, he hi
III IaetualIy expended less than $50 SIM
] his connection with this enterprise.
III F. B. Thomas and f. M. Harvey
II Montpelier and Ira Lefeur of Middl
4 bury are counsel for the Breadlo;
LII LAInl1ntain Power cnmnanv Prof Rrr1.