La Junta tribune., 1915-02-27
LIVES WIRES N SESSION
CONTINUED from First pase)

QuItr OOsbOoo Shet ~ 0NsNs Nes~"
to assume the extremely heavy bond
ed Indebtedness and the relatively
high taxes. Since the Withdrawing
Of these thousands OF acres as rev.
enue producers from the district u
naturally follows. explained Mr.. Pat
terson. that the additional load falls
on those owners In the district who
have bravely year after year at
tempted TO meet the already top
heavy obligations. but, who. unless
they have income from other sour
ces, must sooner or later abandon
their farms with all their years OF
sacrifice and deprivation as well
as all their earthly possessions.
Mr.. Patterson listed the various
and numerous bond issues In their
order. incidentally including q &lO.-
900 bond issue BY the city council OF
La Junta for what particular reason
nobody seemed to know. except to
help the other fellow out Of the hole.
The elimination OF Mr.. Pstterson's
talk Is the fact that the Otero lrri-
CATION District is insolvent and bank
rupt. There Is now no money to
pay for the ordinary care and oper-
alton OF the canal and reservoir. The
banks and warrant buyers will not
take the warrants at any price. No
one will purchase the tax tt.es. The
only cash revenue is from the little
taxes paid In cash. as what taxes are
paid are largely paid by means OF
bonds. coupons and warrants.
Unless there Is remedial legisla-
ton and also cooperation between
the bond holders. the district and the
farmers. neither the first. second nor
any other series Of bonds will be
paid In full. or even in a large part.
Mr.. Patterson has been In Denver
In the interest OF the necessary leg
isiation and also to consult with rep
resentatives OF some OF the bond
holders. the latter with = view to
some sort OF an agreement between
themselves and tn. farmers under the
district. whereby the issue OF long
time low interest bonds might be
arranged. Even should this be ac-
complished II will be necessary to
have all the land In the district pro-
ducing revenue and II Is to this end
that the La Junta Industrial Asso-
ciation must strive.
Mr.. Patterson WAS followed by J.
ID. CraiEhead. manager Of the dis
trict. who. on account Of his init
mate familiarity with the property.
was able to supplement the preced-
ing speakers remarks with a few
more details. Mr.. Craighead said
he had hved fof. under and even In
the Otcro ditch. and therefore knew
whereof he spoke.
The next subject to come before
the association was the report OF n
committee consisting OF X. A. Steen.
chairman: J. l.. Giliiland. l.. r.
Thiets. &. X. Buckley and T. J. Cook.
who had been appointed TO confer
with the local light company re-
sarding any plan or proposition the
said company might care to make.
The report OF the committc was In
the form OF n letter outlining what
the company would do. which was
read by President Phillips and which
IL ~ordcd thusiy:
Mr.. X. A. Steen. Chairman OF Com
mittee. OF the La JuntA Industrial
Association. La Junta. Colo
Dear Sir: In response To your re-
quest ss to what the undersigned
company has TO offer to the citizens
aud taxpayers OF La Junta as to
rates and service. beg TO offer you
the following:
first-For the sum Of $3.50 per
annum. which amount 10 nov being
paid by the city Of La Junia for Sc
arc lamps and IL clusters Of :So
watts each. mskins = total Of ss
lighting units. we propose TO offer
you for the above mentioned sum.
nameiy--es.:so per snnum-ss
lighting units. either In the form Of
the present arc lamps and the pres.
ent tungsten clusters. OF you may
take such number Of arc lamps ~
you wish and the balance In Masds
units Of . waitasc Of approximately
s>s lamps. All Of said lishtins
units 10 be used within the corpor.
ate limits Of the city Of L. Junta.
THIS is approximately % sdditios
Of one-third more lights for the sane
money.
The above Il condlsioasd upoa the
basis Of . new ten year street lighs.