Article image
Article image
Article image
This article displays in one automatically-generated column. View the full page to see article in its original form.

Municipal Gasworks.

United Press Association—Per Electric Telegraph]

Christchoech, June 13 iThe City Council last night received a deputation which urged that the city should acquire the' Christchnrch Gas Company's property at a fair price, or failing that to obtain legislative power to construct municipal gas works. Mr Taylor, M.H.R, who was one of the deputation, referred to the large profit? made by the Company, and alleged that of the Company's paid up 1 capital of ,£120,0C0 £-10,000 was represented by surplus profits m the shape of reserve funds which had been divided amongst the shareholders taking up new shares. The price payable to the Company should not exceed the present market value of it? shares, which is ,£225,000. fn the event of the Council being unable to get the necessary legislative authority to construct its own gaswor&i, the deputation suggested additions to che present municipal electrical installation at the destructor or po wetbeing given to the Tramway Board to procure surplus current for light and power for the oity. The Council was also urged to call together the special committee set up to deal with the Waimakqriri electrical power scheme. On the motion of the Mayor a committee of the Council was set up to consider the advisability of purchasing the Gas Company's property.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AG19050613.2.27

Bibliographic details

Municipal Gasworks., Ashburton Guardian, Volume XXII, Issue 6594, 13 June 1905

Word Count
214

Municipal Gasworks. Ashburton Guardian, Volume XXII, Issue 6594, 13 June 1905

  1. New formats

    Papers Past now contains more than just newspapers. Use these links to navigate to other kinds of materials.

  2. Hierarchy

    These links will always show you how deep you are in the collection. Click them to get a broader view of the items you're currently viewing.

  3. Search

    Enter names, places, or other keywords that you're curious about here. We'll look for them in the fulltext of millions of articles.

  4. Search

    Browsed to an interesting page? Click here to search within the item you're currently viewing, or start a new search.

  5. Search facets

    Use these buttons to limit your searches to particular dates, titles, and more.

  6. View selection

    Switch between images of the original document and text transcriptions and outlines you can cut and paste.

  7. Tools

    Print, save, zoom in and more.

  8. Explore

    If you'd rather just browse through documents, click here to find titles and issues from particular dates and geographic regions.

  9. Need more help?

    The "Help" link will show you different tips for each page on the site, so click here often as you explore the site.

Working