Show mm co promoters give up the idea of investing their own money during the week a meeting of those who tare beba interested in the securing of a franchise by the citizens waterworks Water works company will be held and plans matured for bringing the subject before he city council a week boffl next monday night the backers of the project have given up their idea of constructing the works themselves at least for a time end will now devote their energies to endeavoring to influence the council to adopt measures looking to the con on of a Rater works by the city one of the gentlemen interested in the echeme 3 the authority tor the E cement that enough councilmen have pledged themselves to the furthering of he project to secure the passage of an ordinance authorizing the city to construct a water system in the event of the city fathers turning down the proposition it ig under tood that those back of the project nil endeavor to have the council vote a franchise for the citizens company that shall contain a clause binding the city to purchase the new system alth in a certain period of years at the original cost of construction |