Iron County record. [volume] (Cedar City, Utah) 1893-1982, 1920-01-30

y
but no burnouts upon transformers
occurred.
! A severe snowstorm on November
26th interfered with service for three
days due to absorption of water by
snow, drifting into river and canal.
Storm also caused serious and expen-
sive delays to our then partially COM
pleted construction work.
Extensions and Bettermerts.
Your company absorbed Cedar Elec--
trio company on April LIST last by ex-
changes Of its stock for their out
standing stock at par and assumed a
debt of $19,000.00 in addition, being
practically total cost Of $3O,000.0O.
Certain citizens of Cedar City, Ham
iltons Fort, Kanarra and Enoch at
the time, purchased 260 shares of our
stock at par.
Funds thus derived were applied to
new construction work made neces-
sary py the consolidation.
/ A main line of copper transmission
was built from plant to Cedar City,
a distance of 5O.3 miles.
A rs X. V. A. 10000 5000 1000 volt
sub station was established ~ miles
west of Cedar City to serve pumping
district.
\ A $50 X. V. A. 3300O-2300 volt sta
ton was established in Cedar City to
serve that municipality.
Distribution lines throughout Cedar
Valley covering a total of 90 miles
were built and put in operation.
A contract was entered into with
the State Road Commissiin of Utah
during July, whereby our Company
builds and operates 44.75 miles of
main transmission line along line of
proposed st. George Cedar City high
way, primarily to furnish power re-
quired by State in road construction.
Our company agrees to buy this line
from the State at cost, upon compile
ton of the concrete highway, deduct
ing the payment of bills for power
service rendered State in meantime.
This line is completed between Cedar
City and Kanarra, distance of 12h
miles and poles are all erected Cor
remainder of distance Wire will Re
strung and line completed as soon as
weather conditions permit.
Number Two Plant.
Your directors. noting the rapidly
increasing demand for power, decided
to erect our No. station, which lies
above No. plant and discharges it's
water into Roadway of present canal.
For this new plant canal "a $50 feet
long, including 678 feet of metal flume.
is now under construction. The ma
chinery is purchased and some of the
minor items have been shipped. This
plant will develop 720 h. D. under a
flow of 20 second feet and in appear.
ance and equipment will be practical
duplicate of our No. 1 plant. It is
expected to complete this plant for
operation not later than April 1, 1920.
Business Prospects.
We enter 1920 with splendid pros
poets for rapidly growing pumping
load. The Enterprise Canal and Res
ervoir Company have sunk three IL
inch wells and have installed the first
electric driven pump, with capacity
discharge of 1000 gallons per minute.
Pumps on other wells will be installed
after Through test Of this first pump.
Twenty-Five wells have been sunk
in Cedar Valley, which will demand
our service and many contracts for
additional wells have been let
contract has been made with Ce-
dar City to install modern street
lighting system using 94-250 C. p. SER
les lamps. This will be completed
during April next.
We have been advised that our pro-
posal to extend our service to Paro-
wan, Paragonah and Summit will be
accepted by the citizens of those COM
munities, and negotiations towards the
completion of the contract are in pro-
gress. This service will add about
200 h. p. in pumping load in addition
to the domestic use. The citizens in
terested will subscribe for 400 shares
: of our capital stock at par and this
fund thus realized will be used in the
extension Of lines and transformer
stations, required in this district.
, We may also expect citizens of
, Leeds and New Harmony to become
r shareholders under similar conditions
l to an extent necessary to install local
: distribution systems.
5 Your management expects to main
; tain during 1920 an earning that will
: justify placing your capital stock on
dividend basis to be, of course, de-
| termined by your board of directors
!. in the near future.
Respectfully submitted
! A. l.. WOODHOUSE,
President and Manager.
: A statement of assets and liabilities
follows as of November 30, 1919:
ASSETS
Property and Plant to January.
|, 1910, SoS.3