The Marietta journal. (Marietta, Ga.) 1918-1944, 1922-02-16
BOARD OF LIGHTS
And WATER MAKES
REPORT TO PUBLIC
New Reservoir Being Planned for
Fire protection. To be Lo-
Gated near present tank


request that 1t be published in order
10 acqualnt the people with the con-
dition of the board
To the Taxpayers and Citizens of
Marietta:
Your Board Of Lights and Water
Works, believing that the citizens of
tAe town should be kept informed as
TO the condition Of the properties un-
der its control, beg to submit the
following condensed report.
The present board was elected in
October 1920, succeeding Messrs.
Jas. 7. Anderson, r. A. Hill and r.
w. Northcutt. A complete audit of
all the books and accounts Of the
board was made as Of October LIST,
1920, by j. H. Drewry, certified pub
lie accountant of Atlanta, when the
present board took charge Another
audit, as of January LIST, 1922, COW
ering the period of ID months opera
zion under the present board, has
just been completed by the same ac-
cOuntant. and all the figures in this
statement are taken from the two
official audits named above. These
complete documents are on file with
clerk of the board and we would be
glad to have any citizen call and ex-
anime them, but on account of their
length and the mass of figures, tables
etc, we deem it unnecessary to pub
lish them in full
On October LIST, 1920. the value Of
the combined electric light, water and
sewerage properties was 1889, 095.35
These figures were arrived at by the
auditor, by using the initial cost of
the construction, adding the cost Of
all improvements, and deducting the
cost of the electric light machinery,
boilers, etc, that were sold when the
steam plant was abandoned, also de-
Quoting depreciation at the figures
commonly used in such calculations
Prior to October 1st, 1920, no de-
PROBATION had ever been charged
against the plant, but your board
deemed it unwise to carry the plant
without a depreciation charge as it
made a fictitious value, that might
affect the credit of the city at some
future date.
The board had liabilities as fol-
lows; Accounts payable, $5,754.06;
Notes payable, $8,748.22; Accrued
interest payable, 81 $4,000; and cash
deposits of $758.46. a total Of $16,-
1904. Against this, they had assets
as follows. Cash on hand $98.79,
merchandise in store room, $942 90;
and accounts receivable, $5,297.15,
a total of $6,338.15, or net indebt-
edness Of slightly over ten thousand
dollars. No criticism of the old board
IS implied nor can be attached to
them, as they were compelled to Dor
row funds to drill three new wells.
erect new switchboard and rebuild
ehe Church street power line, all of
which were absolutely necessary i'm
provements
The audit of January 1st, 1922.
shows the vale of the plants $685.
4e6.63, an increase of approximately
ST 10000 This increase is repre-
scented in the completion of the three
wells enumerated above. the equip
ping Of one with deep we'll pump,
the extension Of the six inch water
main and sewer from Sessions street
TO the city limits on Church street,
the completion of the new switch
board, and the construction of a
trunk sewer from the railroad to
Henderson street, and other improve.
ments. The liabilities Of the board are
as follows: Accounts payable, So
5O4.36; Notes payable, $4,17411 and
cash deposits from customres, $685.
"a; a total of $7,677.21 Against
this We have assets as follows: Cash
IN bank, $2,350.78, accounts receiv-
able, $6,737.67, and stock in store
room, 81 021.53; total Of S1O.209
az, or assets Of $2,532.21 over our
liabilities. The present board has
paid oft all the old notes and accounts
of the old board with the exception
OF 100000 and has borrowed So
5oU.VO TO make the water and sewer
extension on Church street. which
was absolutely necessary in order to
carry out the paving program of the
city.
Abe properties are all i'm excellent
condition with the exception Of the
pole lines. which will require the re-
placement of a large number Of new
poles during the present year
The board has already bought the
pipe necessary to lay six inch main
on Maple Avenue, and Wiun Street,
through to Stewart Avenue. giving
the city three additional fire plugs.
and furnishing fire protection to alb
out thltry residences heretofore with
out such protection. 1t also has or
F3ered deep well pump for the new
we'll on Stewart Avenue. and hopes
TO have same installed before May
LIST, thereby adding a one-hundred
gallon per minute well to the plant,
which should take care of any normal
demand made on our water supply.
The new switchboard spoken of be
fore has been completed and is in OPP
GRAFTON, and is modern in every par
ticular, and amply able to care for
the needs Of the city for years to
come. This switchboard is equipped
with a voltage regulator, which keeps
the current supplied at a regular
voltage avoiding the annoyance of
dim lights and the Danger Of burning
cut motors This switchboard re-
placed an Anticipated affair, partly
burned up, and in danger Of going
to pieces at any time. thereby throw
inR the city into darkness
Your board has plans and hopes to
be able to build during the coming
year, another concrete storage basin,
Just north Of the power station on