Show RIGID ECONOMY ON U N CANAL alv A NAL NIA maintenance anyei many improvements made on system to the seuth south of price reservoir Res ervol r has been raised to seventy Sevel nty feet fee t 0 in order that corporation may have more detailed fled information in regard to the sy system the officers of price river irrigation company have mailed to the former a circular letter t er under date of salt lake city january 6 1915 the circular states the beginning le of the year 1911 found the price canals in serious condition an a result of excessive freshet freshe tm and wan wax houte houts which occurred during the previous season the flume on drunkard a wash was e en demolished the flume on pl 1 IZ narie wash was nas badly damaged several other threatened threaten cd and the canal embankments ruptured in many places the upper eight miles of the canal were partly filled with sediment from the river the forchay foi chay filled with sediment and the stream had cut a c channel hannel cloae close to the earthen wing of 0 tho the diversion dam and threatened to cut thie this wing at the inner angla of 0 name at the northeast corner of the forebay to repair the damage above meni men i honed and put everything ever thing in first alais clais c I 1 a shape hape 0 together with the construction st work ork done and the interest In terret paid to the state of utah we expended in 1911 57 in 1912 we spent for maintenance and construction work 2767 73 in 1913 42 and in 1914 23 78 estimated a total of 1136 60 since we took over the n system stem ae have raised the reservoir dam darn from ab about 0 ut the thirty toot foot level to something over becent bevent feet and ita its pres ent capacio capa cit in 1 from ten to thousand thou band acre feet of water an against only two thousand acre feet in 1911 nearly all the wooden flumes that d the large washes have we been replaced with steel and concrete and every foot of new flume that we have put in Is of sufficient size to take care of twenty thousand acre feet of water when the stockholders hall shall demand th use of tha that t amount the most rigid conom haa has been exercised in the expenditure of every dollar received by assessment nt the few officer officers of the company who are on the payroll receive only enough tn to cover coner the expenses incurred in the actual business of the company our engineer who in our opinion ie in the beat in the west went rec receives cles only one hundred dollars a month for ulna nine months of the vear I 1 give ghe thia this information the ou may know that all moneys mones received by assessment have been spent in actual construction and maintenance of or the estem in a report made by our engineer on june 16 1914 he hows shows that if the stockholders tock holders were assessed for the amount moun t necessary nece miary to maintain the nm tern t ern and prosecute the construction work v ork tt is inevitable to completo complete the project P r eject in an average a levy of 2 06 per share per year would be required to pay for the work dohe dotte in the past three years he lie alao also seta sets forth clearly that if the project had been fully completed an annual assessment 1 of 41 31 17 per share would be sufficient to maintain and operate the baem under ordinary condition conditions you are all aware that the only source of income we have to pay these expenses Is a by assessments frits while we 90 have sixteen hundred shares of vater ater stock in the treasury and about a thousand acree acres of lane land this is lx not an opportune opp time to cell sell therefore we cannot operate maintain and pur sue ue the construction work on the BS tem that in Is nev necea emary aary to take care of the additional acreage that la to brought under cultivation each sear ear for letca 1 than tl 60 per bhare per yer we endeavor to le levy ley y assessments twice a year once about deemer or january int 1st of one dollar per abare and in june or july of fifty cent cents per share we ne have already alread notified the state of utah that as long ae an construction work la is being done on the reservoir dam we cannot pay any of the principal on the eighty thousand dollars we owe them A little later when condition t become normal ie ve may bellour aall our land and water for bough nough to pay most of the in setting forth the alove a love facts I 1 have no desire to discourage any of the stockholders we have as an good a water right aa as 1 Is to b be found in the intermountain antt region the mail ie Is productive the climate good and those stockholders who are working their land and using the vater ater are well satisfied with the proposition and aru getting good results AN e do not feel that an annual as element of 1 CO 50 per share Is in erces elve ahe in fact act it is 1 very tery reasonable compared ath alth other irrig irrigation irrl gatio atio i as and 1 Is below the average however ve we realize it la Is going to be a little littie hard on some of our stockholders who do not work their land and make it pay the assessments as well as the interest on their anve strict |