Salt Lake Telegram | 1929-10-20 | Page 29 | Power Company Seeks to Boost Firm's Capital

tOMP ANYS ANY ANY- SEEKS SEEK'S S TO 10 BOOST ArnAl ITAL Entertainment Expenses V Included d Rep r n D Declare I c V I 1 W. Oct 1 rj U 1 Ui I I A n n attempt to In Include expenses expense for fOl ding hn bin Indian powwow dona miona tI n to tu churches and salaries of or I officials of oC cr company ny in es estimating es I the time capital cost of oC a I Ip p project on 01 Flathead d. d c lake JI In 1 Mar Mar- t tana na for tot time the federal power commission commis m 1 sion huts has been Leen m made do I by tho tIme Rocky I Mountain Power company the I United Press was reliably Informed to today ay I All of ot these thies Items and n n. payment to Charles s T. T 1 Inc bile Ol t of of oC n- n canceled contract together with an Interest st charge chus of 1 have been id for tor in ah an n opinion n nH H submitted to the commission L by Solicitor Charles A. A Russell V The TInt Rocky Mountain l Power vcr company coin coin- pany estimated cost o o of preliminary work worle on the Flathead project ct as submitted to to the time commission lon on April S S. S 1929 1923 Is 5 In Included Included In- In eluded In this is nn an Item Item of or approximately ap up- proximately for tor salaries of ur officials of oC the lie Montana Power c company which controls the Rocky Mountain Power rOWel company and is In In turn controlled by the Electric Bond and Share company compan of ot New NewYork NewYork York V 1 Previously on l February 18 11 1929 1029 9 tho time Rocky nock MoUl lan Power I I pany pan had filed filet a. a statement nt o of capital ost cost on n tho the l project showing It H to be be GS to January January Jan Jan- I I uary 31 31 1929 9 Regarding tho time ad addition ail ail- o of in the later latet state state- i Russell ment-Russell Russell said maId in his opinion The MOl t Montana na Pow Power l company compan up tip to time the time of ot filing the thu first statement hind hall nUt not t conceived time the Idea of or charging nearly for salaries of or its Uti officials offIcial until advised ul b by the thin Electric Bond and ami Share company n 0 include this this' i hi time the Icon as per pel time the last list state state- i I J e c c. c pointed out that all salaries salaries sal Hal aries of company officials were paid from the expenses expenses' of the Montana Power company and I charged their Inclusion Inc under und r the time Flathead power project power project cost would i ie be e cap capItalizing tIme thc l ei l s- s of time the Montana Power corn com Two applications applicatIon's to Flathead projects projects' now now at ai aith are y th the timO commission On One Is thai tita Rocky Rock P Power w cr and the other that of W Wheeler Minneapolis polls The The mission lon ha 1 granted gra AVI Wh hearing on October 28 23 S. S oJ S