The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1916-08-03
NEW POWER co.
TO TAKE CHARGE
Electric CInyCStment Company Give
Away to Idaho Power Co.
CHANGE OF MANAGEMENT WILL
BE MADE IN A FEW DAYS.
New Concern Composed Of Same Men
AS the Old-Many Improvements
Now Under Way.

GAS I take it, the Electric Invest
ment company has served the purpose
for which it was organized and will
now give away to the Idaho Power
company, a permanent organization
operating all the concerns which were
merged by the original company" said
r. b. King, Twin Falls manager, yes
terday, when asked about the taking
over of the electrical company's prop
erty here by the new company. Il
talked with Mr. Wallace over the tele-
phone a few minutes ago. he con-
tinued, "and asked him if we were still
working for the Electric Investment
company He said that we were and
that we would be for a day or two,
but that the transfer would be made
shortly. AS / understand it, the Elec-
trio Investment company was organ
lied for the purpose of getting control
of the various corporations and inter
ests and has now served its purpose.
The new company is composed of the
same people and the same properties
and the same officers as the old
while the change will not make any
immediate difference in the matter of
extensions it might be we'll to note
that the company is spending $345,000
in Idaho this year on extensions and
improvements, largely at Malad, the
Lower Salmon country, Shoshone Falls
and in the city of Twin Falls. Among
the other improvements in course of
construction is a line connecting this
city with the power plant at Malad so
that in case anything gets wrong with
the old line, we will have the new one
and vice versa. Considering the fact
that it paid out $2,000,O0O to get pos
session of the property of the Great
Shoshone, this looks like a good deal
OF additional improvement to make in
I the same year"
Merged into the Idaho Power COM
pany are: The Idaho, Oregon Light &
Power company, the Idaho Railway
| Light & Power company, the Great
| Shoshone & Twin Falls Water Power
company, the Idaho Power & Light
company, the Southern Idaho Water
Power company, the Jerome Water
Works company, together with a null
titude of other properties which were
controlled by these several companies.
The Idaho Power company launches
on its control of the southern Idaho
field by operating in every city and
town in the great Snake river valley
except those two supplied with gov
ernment power. 1t controls and owns
plants at American Falls, where there
are three; Shoshone Falls, lower Sal
mon river falls, on the Malad river,
at Swan Falls; Ok Bow and Horse
shoe Bend. 1t leases the Boise-Pay-
cite Lumber company's plant at Bar
ber, the United States reclamation SER
vice plant on the Boise river and the
Thousand Springs Power company
plant in the Hagerman valley All
told 10000 horsepower is developed
through plants owned or leased, by
utilizing water. The plants are so
constructed that as the field develops
additional units may be added, great
ly increasing the generating capacity.
F. f. Johnson of Boise, is the presi-
dent of the Idaho Power company and
William T. Wallace vice president and
general manager. Upon these two men
largely falls directing of the great cor
poration's affairs and the innumerable
tasks necessary to maintain it as a
growing concern. The other officers
are: Vice president, George E. Claflin,
Continued on page 81