Show FRANCHISE IS ASKED Salt Lake Suburban Willing to to Pay on Its Gross Earnings Tho Salt SaIt Lake Suburban Railway a company compan has made a formal application to the tho Council for a a. franchise e. e A. A V Ta Talor Tay Ta- Taylor lor br one of or the stockholders and attorn attorney for tor th the company appeared before the Committee e on Streets last night and presented presented pre pr- pre pre- 5 the claims and purposes of the company The officers of or the company compan with the exception of oC President J. J II H. Powers a Madison WIs Is capitalist were not named but the three subscribers to the stock w were re given clI 1 as all C L L. Fure Furey and L Lewis wll Pitcher respectively el vice president and secretary n of the American Guaranty company com corn pany a and d A V. V Taylor tho the local ten ta tive Mr Taylor To said the company was waa willing will will- ing to p pay pa a pro ra rate rata to of or its Irs gross groes yearly e a rl earnings as compensation for the privilege of operating th tho road roid Councilman Coun A A. A J 1 Davis la said he was opposed to granting an any more franchises s without compensation Mr lr Ta Taylor lor that if tf a money mona compensation were demand demanded de de- mand d. d the matter might as v well 11 be be- dropped as aK h ho hn sit felt that th the m men n behind the enterprise would not pay anything any any- n- n thing In a advance for or the privilege e 0 of bull build 1 In ing a road that would not earn dividends for several eral years ears lIe Ho pr produced a letter from Crom the Am American rk Guaranty company offering to underwrite the com company's company pan a 11 bonds In the th event e of ot a franchise Mine bing granted rI to the amount of J St li O Ot He said aId that the cost COt pf of constructing and ping the tho road would probably not nol amount to over o 3 The matter was wan 31 under und advisement aC Cl 1 b by the committee for or a week |