Show If PA PAYS YS t FOR MERCHANTS POWER COMPANY I New Mew Concern Absorbs Junction City Organization by T Transfer Transfer Trans Trans- rans- rans fer of Stock 1 r L Special to to The Fh he Herald Ogden O Oct t. t 16 Negotiations If were I toda today b by which stockholders of j the M Merchants Light Power company com coin pany vany of this thle city ell transferred their thell In Interests In- In to th the tho Utah t h PO Power fc Light 1 company Which h Is 1 said to be b laCked hacked i r by the thc New York yok Band Share comp com corn p pany ny The fh consideration is said to 10 be lie beIn bet t In the tle neighborhood nc o of This amount represents considerable more than th thc o original lf ia 1 Investment The comp p was Incorporated for 1 S and about lb Ul has been I expended on Improvements such as erecting pot lines lilies and wiring for fou 01 the of or electric current in hi this r 7 chy lh TIre The new will take c oC of c the Merchants company Not No November No- No oIt o- o t It vember 1 1 When ol a.-ol asked l regarding r Hn li the c franchise V agreement w with Ogden Og-ct n cit city h bv iy which ft i toe no and aUe Pow r com com- 1 could dould III l iK-l e si without giving ing the it cIty the fit first si C opportunity to tu purchase tho the company h y President d n t M. M S. S Browning said T The Thc c h ha not sold nut nui IU hut he if individual hinal stockholder i bu ovo trans trans- C crr d their stock tock to tl the power com com- At present th thie I will wili h be he no noL t. t l L c. c change in tho officers or 01 management J 1 j or of th the Merchants Il rC company hut but I 1 cannot i r say ry what will bo be done at the next reg reg- m meeting of the stockholders stockholder Th lh The Merchants Merchants- company still retain it its n nB name a IT ic I P. P M. M Parry Parr says ay they arc are going ing alon ilona with the regular routine work of Of the light and no ito h. h changes chang's will wB ll be he made until officially I It U i is the ilC power ower at lc wll wU be completed by November Jo 1 1 an aul l at t t that time tim the thc Merchants company will enter Into contracts contracts con con- tracts for lI lighting Hunting homes homet and business busi husi- Jle ness hess s l houses I N They The hel win will also furnish electric current for the tho proposed light clu clutters clusters on ott the principal streets L The Thc cent rr-cent I in n th the Davis Dals anti and I W bes Counties Bounties Canal anai company's plant I Itt itt ill R which was as sold to eastern east Nut i ern eil capitalists v v ir not ilot affect the thc sup sup- j jl Ji to hj be furnished the Merchants company com coin t pany ilan by hy that plant |