Show HABNESSING NIAGARA i A Construction Company That Proposes to Build a Canal Around the Balls Special t THE HERALD Examiner Dispatch NIAGARA FALLS April 2The Cataract Construction company which proposes to build a tunnel around Niagara falls with a fall of one foot In the hundred and to run machinery in factories by means of the water power thus obtained signed contracts con-tracts yesterday with the Niagara Palls Power company The contracts are not to take effect until some minor difficulties are overcome By this i may be understood that some people still refuse to sell their land t the company The options on most of the land wanted expired Monday and representatives of the company were busy until deeds after 2 pm yesterday receiving The Cataract Construction company is an organization formed under the laws of New Jersey The work of constructing the tunnel will be begun it is said as soon as the machinery can be procured Land for miles about the village has been pur cnased by speculators who expect to profit by the boom which they aresuro is coming The company is privileged by the act of the legislature to furnish electricity for light heat and power throughout Niagara and Erie counties and has also obtained other valuable rights |