Show ys WATER latest of the city connell Con ucil it will be remembered that in its regular session of last friday the tile city council voted to tako take 76 worth of stock in the ogden water co on oil monday evening tho the a special meeting of the council was held in which tile special committee mm ars burton parr farr and higginbotham reported that new in the matter lad been discovered they stated that mr E II 11 orth president denhof of the water co lad objected jobje acted to the transfer of stock on the two follo following eving reasons ast 1st t two thousand dollars had bad been paid by the tile company on the contract for worth of twelve inch pipe which was not now needed ad there was an additional contract for worth of four inch pipe he lad been authorized to pay over on the first car load of the contract one of the parties desiring to sell stock was partner with mr horton in the ogden pipe co and on oil the ground that mr W had made tho the contract void or canceled it to the detriment of his martn partner or agail against it with a view to make mak e his Ws ONT own n stock salable and accomplished the sale resulting to his private benefit mr horton lad had forbid this transaction i c e tho tile cancel canceling ing of the agreement and refused to acknowledge it and claimed that the contract for was not canceled in consideration of these objections on oil the part of mr orth the committee left the matter in the hands band odthe of alie council to was also presented the following communication muni cation OGDEN CITY U ta T may hay ho HON K L J I HERRICK ir maticic miti cic mayor of ogden city DEAR drar SIR if the three gentlemen now desiring to sell their stock steel inthe ogden water co to ogden city will give given a good and sufficient bond bond to protect the lie t said water co from nil all liabilities to the ogden pipe co IV N horton and jos A west WL st from all contracts entered into between said companies canceled or and to see said water co fully reimbursed for all advances to said pipe co then my objections to the transfer of any or alt all of the stock held by them will be withdrawn and the transfer to the city of ogden can bo be consummated respectfully yours E H ORTH prest ogden water co after atler the Commit committees teea report and mr cation had been presented and considered a motion was made that the council adjourn till tuesday evening at for the purpose of giving the water company an opportunity to explain some matters that were not clearly understood this motion waa was carried in tile special meeting of tuesday evening the tile business was laid before the council by the tile mayor mayo and it was learned from oral depositions cofone of one of the stockholders of the co that they had adopted a resolution that day to offer to the city the entire capital stock on the same terms as the ind been offered the pash gash involved as outlay and which the city would be required to pay for the full amount of stock was stated b by said stockholder tock iolder holder to amount to about azout and then in addition to that the city would have to make arrangements to take up notes to the amount of over 2000 after considerable argument a motion was made that we accept the proffered us at the figures before decided on being 10 per cent on oil tile capital stock and that we pay for it when afis if is properly transferred to ogden city on oil the looks books of the company this motion was adopted and JQ I id a committee appointed by the mayor to pec see to the tile proper opar legal transfer of the stock thu this comm committee attee consisting alig of f the city attorneys richards Bic hards williams the council will meet a again gain g as soon as the tile transaction is properly consummated and if satisfactory make the necessary appropriation to pay for the stock |