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Show CITY LIGHT PLANT The Committee to Whom the Matter was Referred Desires a Word with the Public. Inasmuch us there scorns lo be an unsettled condition hi the minds of the people concerning the piesent status of the electi Ic light pioposlt Ion, the committee hi whoso hands the matter has been placed feels It wise lo mako a statement ol the piogiess of their woik up to this time. Wo bcllovc that as soon as the facts aic undcistood, the people will see that all has been done that can be done and that, nolipdy has been neg lectful In the mattei. As soon as the election was over the requisite time was taken for advertising advertis-ing for bids. When that time was up we had tluce bids; two fiom parties In tho east and one from the State. Ono of the eastern bids oflcied to take the bonds at 4 per cent, provided wc pay an additional 2 per cent, to them with which to test the legality of tho Issue. The other eastern parties of-feied of-feied to take the bonds at t per cent, but lcfuscd to accompany tho bid with a check coveilng 2 per cent, to show good faith, as required by law, until the legality of the issue should bo determined. The bid ot the State was to take tho bonds at 4 per cent., this being accompanied by a certified check of 2 poi cent, to show good faith. Tliolr bid also wasmadosubject to tho legality of the issue. It Is plain that tho proposition of the State was the only ono wo could cntcitaln. The Council therefore accepted ac-cepted the Stato's offer and at onco authoilzod the committee to proceed In the matter and help tho Stato to satisfy Itself concerning the right to Issue bonds. The State Authorities refused tolforward the money without tho question being decided by tho Supremo Su-premo Court. In order to expedito matters an clTort was made to get tho case before tho Supreme Court without with-out Its first having gone through tho District Court. Within a week from that time we had the decision of the latter in the city's favor. On thc2(lth of November the case was placed on tho Supreme Court calendar to come up Feb. 10th. Repeated efforts have been made to havo It advanced on tho calendar, but without avail. In fact there has been no regular session of court since that time and will not bo until Fob. I'tli. Thoro Is no opposition In this case. The city Is both prosecuting and defending de-fending if, and It Is only an inexpensive inexpens-ive friendly suit. Wo believe that it would be absurd from a business standpoint to expect eastern capital to forward fC5,000 to any city without' a thorough investigation of tho legality legal-ity of the Issue. We do not want to bo parties to the sale of any Illegal bonds that will throw Logan City Into endless end-less litigation, ns was the case with the city of Helena. Their law suits occasioned by uch a itop have cost them twice the face value of their bonds and their case It still In court. If the decision goes against Logan we still can borrow ?28,COO; if In its favor, $05,000. We can borrow 828,000 without reaching the limit of indebtedness indebt-edness In question. It h the Intention of tho council to put In a plant In cither case but until tho decision Is given wc do not know on which basis to proceed. We do not want to start o"n a 305,000 basis w Ith 23,000, nor on 128,000 if we havo 5,000nt our command. com-mand. The committee can give an account of every day's time "since the lighting proposition was placed In their hands and can show that no time has been lost. Wo trust the people will bo patient pa-tient mid consider us sincere in t lie matter. Loiieno IIaneun, E. W. ltOMNSON, K. M. Hanskn. Committee. |