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Show WATER STOCK 15 " HELD JOB S3.511 I.OOKH I.IKU 1'OltIi AtlAINKT CI IV I'OH HKIHItlt I'ltlCI. Coiimil Coiiiinlltec )n Wnter htiM'k I'lirclid'cn I'lriii In Coiilcutlou 'Hint Tun Teiit)-l'lo I Qullr Kuoiigli Tor tin hliure of tln I'rliv Wnter Compaii) hoiiuhl Hy the Cll). I'ji to the tireeeliC time the clt) of I'rlee haK iurvhned nlHtut eleven hundred hun-dred shares of stock In tho I'rleo Water Wa-ter compniiy. prleen miming from l 7S to tt.it the nhnte. mont of It the latter figure. Thin given the city an ownership or about thirty-five bundled bun-dled shares In the cnnal or clone to two netondfeel of water. For u limited lim-ited time l A. l-nuher. city recorder, Is niitliorlird to purchnne nddltlonnl rurei at 13.36. but thin In not expected ex-pected to hold good for many days an the city has other opportunities for getting the water wanted. Tho town of Wellington has wnter rights for Kilo In tho l'rlce Water company canal and Is understood to bo willing to let go at 11.76. That In ntich amount as the city wants. Members Mem-bers of the special committee to pur-ilinm pur-ilinm water rights nre decided In their ntnnd thut they will nut permit the city to bo held up. If the price or $3.36 In not natlnfactory to holders or stock, or co u me It In the privilege or ownern not to part with It. The price paid Is about 143.60 per acre, figured on tho acreage basis. Ijivt week l'rlce Water compnny caused meantirements to t muile of tho wnter going through the cnnal with tho exprensed Intention of holding hold-ing the city down In Itn actual ownership. owner-ship. That It may bo known that the vyater company flguren nre right, It Is said that the city will also have a meuiurement Hindu to nee whether or not the people hero urn getting "a nquuro deal." It ts proponed by both Intereitn that n weir be placed In the Interent of nil purtles concerned. There In said to be an understand Ing between icveral parties at Price that they hold out for 13.60 for rtock, believing that tho city council will come to this figure for the balance wanted. This several members or the council nay will not be paid. Two twenty-five Is tho limit. It Is argued that tho Increase or price to 13.60 would not be fair to thono who hnve let their stock go at 13.36. |