Show WATER COMPANY EXPLAINS ITS proposition tho the ful following loving letter w was us received this week from rom the sevier river laud land and water company and Is a c copy apy af a letter which was addressed to at mr daniel stevens as chairman ot of tile committee on leyier land and water company proposals the letter Is a self explanatory dear mr air stevens in accordance with the understanding had with you that our company would furnish you an outline of tho the terms and conditions under which wo we would hold in reserve tor for your comm community unity until juno june let 10 share ot the capital stock of the sevier canal company we beg to advise that the full shares must ile bo subscribed either by responsible i individuals not I 1 visuals or under such a n form of contract as will give the company reasonable assurance that all contracts will bo be carried through to final completion icat contracts in the fillmore and olden district amounting to approximately snares shares to bg be counted tit in is part of the above mentioned shares and present outstanding contracts to bo be surrendered tor for now contracts uniform with the balance of contracts of at the shares tho the company will construct all earth work of a canal on right of way to burd be secured by you from what Is known as the point of delivery to tho intersection of tile the canal with the aas east t and west center line of tp 21 S ol of suni clont size to delivery and distribution if shares within said alstan the point of I 1 r i herein referred to Is understood to be the point where the companas Comp anys main canal as now constructed intersects tho the east boundary of tp 19 S R 6 W or it 11 it should bo be found that the lands land now owned by the company in tho the said tp 19 S can cali all be served by laterals literals late rals from a main canal terminating at a point north of the last described point such northerly coln t shall be taken AS ag tho the point of delivery the canal from the polut point of do 1 alvery very to approximately the center of tp 21 S R 5 6 W will be the property of the subscribers in tile the holden and fillmore district that Is to say the property of the sevier canal anal company shall end at the point of delivery except that the sevier river land water company or its assigns shall have the privilege which may bo be exercised at any time within ten years to enter upon the said section of the canal now to be constructed and enlarge same to permit the transmission through it of f any amount of additional water and shall havo have the privilege of a perman out ont right ot of way for the transmission of auch additional water such enlargement lar gement work it it should ever bo be undertaken would of course be done at a time ot of year when it would not interfere with irrigation the price of water IS IB to bo be 70 per share A merely nominal sum say ono one dollar to he be paid at tho the time ot of signing tile tha subscription binding the real initial payment so BO far as any substantial amount Is con concerned corned shall ahall rot not be due until ten days alter after water Is fit delivered or la IS ready for delivery at the point ot of delivery and the section ot of canal to be constructed by the company Is completed complot pd ready to receive the water the deferred shall be on an the samo same geu gell eral cral plan as embodied in tho the contracts now hold by sundry holden and fillmore rill more citizens somo some slight blight modification in the schedule of payments shown by pros pres ent holden and Fill on contracts tracts will bo be permitted it I 1 de desired strod for example 60 50 cents per share to be paid at the tha time of signing subscription list and per share abaro on the tenth day after water Is turned into the now new canal on th let IBI of 0 april next following there thera i ed aed only bo be paid interest on ohp unpaid portion of principal for nie to period from the date when water Is turned into the canal up lip to the let of april next following A year the thereafter reatter 0 2 per share and interest will bo be title duo and from then on tho the yearly pay payments monts will mature matur as follows per share and interest per sharo charo and interest per sharo share and interest per share bearo and antl interest rost per sharo and interest por per share and interest per share and interest por per sham and interest per share bhare and interest Int orest work may bo be procured from the company on tho the construction ot of the new canal while the work lasts by the now and old subscribers ribera up tip to such an amount as will mako maka their birst three deterred deferred payments tents of al tho the principal fully covered and paid it the subscription for shares as completed and do delivered livero a to tho the company within two weeks tram this date may 10 the chirl C pany will undertake to have tile the new canal completed rind and water turned jn by the ath 0 of july of this year vory very enily yours SEVIER RIVER LAND WATER COMPANY by F D ItIl IDALL EDITORS NOT NOTH ETho Tho above abobo proposition la Is fairness itself and it wo we no nc jj gleet to take tills this opportunity that Is fairly begging to bo be let in at our dodov at this time the future of east mil ard wilt will be somewhat in doubt it Is water that wo we need to develop this country and so BO far as wo we can cali see at this time this to Is tho lap la ve ile will havo to obtain it some soma oc tho the far tanners merit here havo have been very gnp lr that wo we take this matter ud u d with tho the company and und find out it they intended to go through with it we havo have dono done so BO by private lottor letter 1 I a up tip to this havo lave received roc elvod noth k ig for publication on oil it wo wb havo have wi 3 it ton toll several letters regarding the or i op p position to the company and the ir arof ot tor for Is luo due partly to our letters tit BI 11 t bat we wa van justly claim that wo we are partly responsible for their eone rou offer offar IT IS IB NOW VI 11 TO yon YO 0 WHAT ARE YOU GOING TN DO ABOUT IT |