Show MITCHELL WILL 1 f STUDY MERGER E Electric Bond Share Head f k Says Idaho Deal Will Materialize October 1 I S S. S 7 Z Mitchell president of tho tin Electric Elec Elec- tri nond Bond k Share company compan who wile has Ims been In Salt Fait Lal Lake e since Sunda Sunday will willI willi for Idaho to look Jook I i l leave c a this afternoon Into final details for merger which Is li liL L scheduled to take place October 1 While the Electric Bond Share Shan which Is the operating company compan does not I havo o anything to to do with the financial end of the power business It is so 50 clo closely el allied d with the National Se- Se Securities SoI Se So- J I company which Is thc the holding hold hold- for the that orrl- orrl officers 1 f ing ag company compan merger cers tors of the Electric Bond Share pass on n National Securities propositions Mr 11 Mitchell said ald last night that the National Securities company compan h has s obtained obtained obtained ob ob- control of the Oregon Idaho company compan the Idaho Railway Rahway Light R I I tower Power the J Idaho aho Railways compan company it i the Beaver River nl Power company compan an and andt t 1 now controls the securities of or tho Great Shoshone Twin Falls Power come coman company com com- e- e epan pan pany an which Is In tho the hands of re receivers re- re i and the Southern Idaho Power company making tho U power mer merger er of southern Idaho a 1 certainty He Ill asserts assorts that the Electric Bond l Share company does not contemplate i new development as re regards ards the Batt aft Lake territory with tho the exception of the building of t tho the dam darn at Bear Lake Ida and that all new development develop develop- a moat ment will take tako place aloe along tho the Bear Dear During the tho the I river rl past summer j Utah Light Power company compan gave water from the Bear lake reservoir reser to l the farmers along the Bear DeRr river I thereby saving t their crops Owing to the extended acreage placed In sugar su beets heets tho the water available 1 was nol no sufficient suf sut- for all the crop and tho the Utah Light ht Power Powel gave from Its reservoir reser In order that th the beets might prosper pros pros- per I. I The Tho governor go the and the utilities commission of Idaho aid Mr Mitchell have havo heard testimony I In rc regard ard to the necessity of or unifying l 1 the Idaho power companies and h have havo vo given jJ their approval to the movement mo The merger melger will be effected about Oc October October Oc- Oc tober 1 1 I 0 |