The Springdale news. [volume] (Springdale, Ark.) 1887-1990, 1917-01-05
PRESENT PROPOSITION FOR
Light AND WATER PLANT

er and light service shall be suspen-
ded for period exceeding ten days at
any one time that the franchise shall
be null and void. unless the suspension
is unavoidable.
City May Purchase
The tentative contract also pro-
vides that the City shall have the right
to purchase the said plants at the eX-
piration Of ten years; provided that
they notify the promoters six months
before the expiration of saN term, in
writing; or the City may purchase at
any fire year period thereafter. In
case the City should desire to purchase
said plants, the City shall select one,
the promoters one, and the two to
select third party who shall deter
mine the valuation of the SAID plants
and the franchise. They shall then
select three experts on behalf Of each
party. and they shall be duly sworn
and proceed, and when they, or ma
iority of them have determined the
value Of said plants they shall file the
report in writing, and the City shall
pay Tor the plants at the price 50 sta
ted, IN three months from the date Of
purchase The promoters to make al,
necessary transfers.
Further il provides that all streets
and alleys of the city shall be left in
as good condition as possible, after the
mains are laid and wires erected.
Provides that the City Council shall
pass such ordinances as may be requi-
red 70 protect the said plants.
Provides that this contract shall
be binding on both parties and thar
the said promoters shall commence
work within nine months after its le-
gal massage, and have plants in on
Grafton within eighteen months after
the acceptance Of the contract.
Provides that all ordinance. and
parts O. ordinances inconsistent with
article and section providing for the
erecting of poles, wires, mains, and
giving equal rights shall be repealed,
and the contract shall be in effect
from and after it's publication.
The above outlines in a. very con-
else way the contract and proposition
as presented to the Council Tuesday
night. II is only a temporary con-
tract, however, as one copy has been
submitted to the City Council, and
another has gone to eastern capita
lists who are financing the project,
for their approval, changes or rejec-
ton
4 representative of the eastern men
was in Springdale Tuesday and went
over the proposition with Mr.. Maso-
ner. and seemed highly pleased. The
company ne represents are now oper
ating eleven light and power plants,
water works systems, cold storage
plants. and ice plants in the south, and
the proposition presented here looked
better than q majority of those they
are already handling.
After the reading of the contract
Mr.. Masoner explained to the Coun-
ell that it would probably take some
time 10 get the matter entirely under
way, as it was possible that the Coun-
ell would want to make some changes;
and also possible that his financial
hackers would ask some changes; and
that the contract as presented was
only for the temporary consideration
OF the Council and the people of the
town, and if they felt favorable, af
ter hearing from the eastern people, a
permanent contract and franchise
could be presented; but that the tenn
porary contract carried nearly all the
provisions that would be provided in
the permanent one.
Mayor Smith then appointed W. a.
Graves, /. Nj. Riggs and j. NJ. Hewitt,
as a committee from the Council TO
study the temporary contract, make
any changes they thought necessary
and report back 70 the Council IN thir-
ty days, when it was thought the con-
tract would be returned from the cas-
tern fnanciers.
Who Are the Promoters?
The question may be asked as TO
who and what are the two men ask
ing the franchise from the City of
springdale? They are Edgar Maso-
ner and w. A Wilson, both of whom
are located at Bentonyille at the pres
ent time, operating the water light
and power plant at that place. Mr..
Masoner is an old resident of Spring
dale, and has spent twenty-five years