Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1917-04-23
Ask Authority TO Sell Bonds.

Saturday filed petition with the Public
Utilities Commission asking authority to
issue and sell 100000 face value, Of first
and refunding mortgage Ave per cent.
gold bonds Of the company. due Dec. l.
ls43. Of not less than "a per cent. of their
race value with accrued interest. Thu
petition states that a contract for the
sale of these bonds at that price has al
ready been made with Maynard S. Bird &
Company of Portland.
The petition goes into detail as to the
necessity of the proposed action and
states that there had been expended for
to its properties between Jan. /, 1917 and
March 1, 1917 the sum Of s77.4oa.7s and that
there would be required for proposed ad-
ditions, extensions and improvements to its
plant and properties between April /, 1911
and Dec. 81, 1917, the sum of s4S, 1880, the
principal items of which are as follows:
Extensions of lines and services. SIS. 500
installing white way poles at. Biddeford,
sH,725: new water wheel and switchboard
at the Sanford power station $500: equip
ment at sYb-stations. $3.50: extension Of
gas mains and rehlling bench retorts,
$500.
In accordance with the practice Of the
commission a date for a public hearing
will be assigned at which time the petit
TONERS may present such oral evidence as
they desire in support Of the statements
contained in the petition.
A complaint was filed at the office of
the Public Utilities Commission Saturday
by the Electric Light committee elected by
the town Of Old Orchard, A. NJ. Chase,
chairman, against the York County Power
Company. The petitioners allege that the
rates are unreasonable and discriminat-
ing. that In the case Of the combination
customer discrimination is practiced and
that the summer season should be from
June 18th to September 18th, three months
instead of four months.
The complaint is signed by the follow
ing residents of Old Orchard: A. NJ.
Chase. hotel keeper; c. II. Campbell, no.
tel keeper; Fred l. Luce. grocer: w. NJ
Davis real estate; j. F. Hutchinson, no.
tel keeper, William ]. Newer. contractor;
A. L. Jones, physician; Charles A. Dol
bier, contractor; Wilbur G. Rumery, Rex
Sign Company; w. ]. c. Milliken. ice
dealer; W. L. White. hotel keeper; c. B.
Craig, novelties.
The company has been notified accord
ing to law of the complaint
The Public Utilities Commission Satur-
day received an application from the
Cumberland County Power & Light Com
pany for authority to issue and sell
$4,000 face value of It's first and refund
ing mortgage five per cent gold bonds.
contract for the sale of the same at
not less than "a per cent. of their face
value, with accrued interest, has already
been made with A. 3. Leach & Company.
In its petition to the commission the
company states that 1t is necessary TO ac-
qure additional funds to reimburse them
for additions, extensions and improve
ments heretofore made and to be made
1t is stated that the company proposes
to expend the sum Of s3b7,727 upon its
property during the period ending De
cember 81, 1917, in order TO better serve
its patrons and customers. This state
ment is accompanied by a detailed est
mate Of cost of different items and among
the larger and more important are found
the following: Hiram Hydro-Electrlc
Development and Transmission lines
s45 900; extension of lines ;nd services Tor
the year ending December 81. 1917. s3o'ooJ'
high voltage tie line between SewalI
strae+ station and Plum street station,
cox 90. extend transmission lines from
Cumberland to Yarmouth, s2n, Geo; 16 way
dno+ line between Sewall street station
and peering avenue. So. 1896; grounding
service to existing customers, s6oo9; adol-
tional voltage regulators to control two
additional circuits, $1,000.
The commission will set the matter TOT
a public hearing at an early date