Salt Lake Telegram | 1906-05-18 | Page 3 | Light Franchise Given Final Passage; Terms Easier on the Company

of the matter at the meeting for the reason, he claimed, that it was not a regular meeting and the act-would ue Illegal. President Davis decided that any business done ' by the Council would be legal. - Carter then offered as a substitute amendment that the company pay Slooo during its first year of business, 12000 the second year and 13000 for each year after during the life of the franchise. The company also agreed to pay a graduated tax on Its Income. -After some debate the motion prevailed. Several amendments were offered by members of the Council at this point, all of which were defeated. - -i When the time came for the final passage of the franchise several of The City Council last - night passed the . Manley-Curtjs . light, heat , and power franchise. The passage, bow-ever, bow-ever, was not effected until after' a long debate In ,' which (hearly every member, of the Council, took part. ' ' Itovill be remembered that a short time ago an amendment to the franchise, fran-chise, as recommended by the committee, commit-tee, was passed making it such that the company-was not to pay less than $5000 per year for the franchise. The ball was started last night by Carter making a motion that the amendment be reconsidered. The motion carried. Mr. Wells objected to the taking up the members took occasion to explain their vote on the matter. . Fernstrom was opposed to the granting grant-ing of any franchises unless the city got a good price for theou . Martin took occasion to jolly Fernstrom a little with regard to h granting of the Utah Light and Railway company's com-pany's franchise. .Wells declared that the city was not getting as much for this franchise as it dTd for -the one granted to the Utah Light and Railway Rail-way company Ferry said that It. had been stated that the franchise was, being handed out without any concessions whatever to the city, and he wished to say tEat the franchise provided far more benefits bene-fits to the city than the one granted to the old company. . , r - Ferry said that If the company commands com-mands a business equal to. that of the old company the city will receive at the end of five years $13,000 a year; at the end of ten years. $26,000 a year. U the business of the company increases 50 per cent. $39,000 a year would be paid Into the treasury of the city, as against the 310.00Q in light that Is be-in be-in received from the old company. The vote on the final passage of the ordinance was as follows; Black. Carter. Car-ter. . Crabtree ' Ferry, Hobday, Martin. Mulvey. O'Donnell, Davis. In. favor, and Barnes. Fernstrom,'. Holler. Preece. Tuddenham, Wells against the passage... .