Ogden Evening Standard | 1912-12-19 | Page 10 | Electric Lines Transferred

ELECTRIC LINES TRANSFERRED For a consideration of $6.1G0,000. a deed transferring all Uie property of tho Tellurldo Power company to the Utah Power & Light company was filed with the county rccoraor of Salt Lake yesterday. Tho latter company Is a Utah corporation, cor-poration, the capitalization of which recently was Increased from $1,000 to $10,000,000 Tho Utah Power & Light company is being financed by tho Electric Bond it Shares company of New York, which has obtained control of all the run I ii ii ii mi i i i '-"'"'i mi ni-rn-mnnn power and lighting companies in Utah, western Colorado and part of Idaho. Ida-ho. The Utah company is attempting to obtain tho contract for tne electrification electrifica-tion of tho Denver & Rio Grande railroad from Ogden to Denver. Prosldont S. Z. Mitchell of the Electric Elec-tric Bond & Shares company says that upon tho obtaining or this contract con-tract depends a plan to furnish olcc-tricity olcc-tricity for pumping water and reclaiming re-claiming arid lands in Utah