Salt Lake Tribune | 1911-02-07 | Page 11 | Tooele Will Grant Road New Franchise

TOOELE ILL GMT fid NEMICK Negotiations With the Tooele Valley Railroad Are Satisfactorily Satis-factorily Concluded. Special to The Tribune. TOOELE, Feb. 6. Tho negotiations between the town and the Tooele Valley-Railroad Valley-Railroad company with reference to a new franchise havo been successfully concluded. The town will givo trio railroad rail-road company a franchiso to operate by steam on its streets for a porlod of twenty-flvo years and, in return, the company will glvo the town the sum of ?5Q00 for street Improvements. Tho new franchise has not yet been submitted to the council, but, as It has the approval of nearly all the property owners and tho Commercial club, It will be passed. Tho company offered the J5000 voluntarily. volun-tarily. It will be more than sufficient to mako necessary street Improvements. Two years ago the company, which is controlled by tho International Smelting & Refining company, received a franchise fran-chise giving it tho right to operate on tho streets of Tooelo for fifty years, with tho provision that it run steam cars for threo years and at tho expiration of tho three years electrify tho road. Recently the company made the announcement an-nouncement that it would be Impracticable Impractica-ble to electrify the line because of tho excessive cost and that it would ask for a franchiso to operate by steam for a satisfactory sat-isfactory period of time. Tho announcement announce-ment brought forth considerable opposition. opposi-tion. Certain factions protested and demanded de-manded that tho railroad live up to the terms of the original franchise and electrify electri-fy the road at the expiration of tho threo yoars. A conference of property owners and business men was held with the local railroad officials and tho former were convinced that electrification of tho road was infcosible. Tho result was tho circulation cir-culation of a petition asking the council to grant tho railroad a twonty-flve years' franchise to operate by steam.