Show Net Income Down in Iii 1940 Richfield l fa May 9 Big 9 Big Sp Springs s Power Company operating in North I Sanpete and Juab Counties serving sen-Ing the towns of Moroni Fountain Green Greel Chester and amid Freedom and wholesaling ing to Wales Nephi and Loran Lovan showed a net income of 2882 In 1940 on a plant vale of or and a total electric income of oC 23 o G 4 according to the company's n annual annual an an- n- n nual report med flied with the State Public public Pub pub- lic Service Commission The net In Income iii- iii come was less than In jn 1939 Ol Other Other- I l figures released u by bythe the coni pal pally y show a total of tail customers of whom are ro In lt the tho largest town served at retail Moron Moroni customers paid tho the company or 40 percent of ot the total income 14 0 of the time V Moroni users are under Jon long term agreement with the company Taxes represented the largest single single sin sin- gb gle Item o of expense except payroll and amounted in 1910 1940 to or 17 cents out of each dollar of gro gross s Income The Time company operates a water vater waterpower waterpower power plant at Fountain Green and andIs Is ts interconnected with the high power pow pow- er tr lines of its affiliate the Telluride Power Company |