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Story
May 6, 1926
Morgan County Democrat
Mcconnelsville, Morgan County, Ohio
What is this article about?
Pending sale of McConnelsville-Malta Electric plant to a major concern awaits local council approval, promising enhanced power infrastructure and cost-effective lighting for the community.
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Full Text
NEGOTIATIONS FOR SALE OF ELECTRIC PLANT PENDING
The McConnelsville-Malta Electric plant has been sold, provided the council here passes the pending legislation acceptable to the purchaser.
The matter we understand is to come up before the council meeting Friday night. The name of the purchaser is not now being made public. However it is a $2,000,000 concern. and the deal goes through, which as stated is now up to the council, a high tension line will be built here to carry at least 11,000, and perhaps 22,000, volts.
This will furnish abundance of power to this locality.
The directors of the local plant here have had many different parties wanting to purchase, and they feel, looking to not only their own interests, but to the interests of all users of electric power, that the concern with which the deal is all but closed, is the most satisfactory to all parties interested.
The cost of electricity would be but a trifle more than at present, and the street lighting will even be cheaper, since no moonlight schedule will be in effect
While not in a position to discuss fully the details of the proposition, we feel very sure that the directors of the local electric light company are doing the right thing, and if the deal goes through, as we believe that it should, the matter of ample electric power for this place, good service, etc.. will have been most satisfactorily solved.
The McConnelsville-Malta Electric plant has been sold, provided the council here passes the pending legislation acceptable to the purchaser.
The matter we understand is to come up before the council meeting Friday night. The name of the purchaser is not now being made public. However it is a $2,000,000 concern. and the deal goes through, which as stated is now up to the council, a high tension line will be built here to carry at least 11,000, and perhaps 22,000, volts.
This will furnish abundance of power to this locality.
The directors of the local plant here have had many different parties wanting to purchase, and they feel, looking to not only their own interests, but to the interests of all users of electric power, that the concern with which the deal is all but closed, is the most satisfactory to all parties interested.
The cost of electricity would be but a trifle more than at present, and the street lighting will even be cheaper, since no moonlight schedule will be in effect
While not in a position to discuss fully the details of the proposition, we feel very sure that the directors of the local electric light company are doing the right thing, and if the deal goes through, as we believe that it should, the matter of ample electric power for this place, good service, etc.. will have been most satisfactorily solved.
What sub-type of article is it?
Historical Event
What themes does it cover?
Triumph
What keywords are associated?
Electric Plant Sale
Mcconnelsville Malta
Council Approval
High Tension Line
Power Supply
Where did it happen?
Mcconnelsville Malta
Story Details
Location
Mcconnelsville Malta
Story Details
Negotiations for the sale of the McConnelsville-Malta Electric plant to an unnamed $2,000,000 purchaser are pending council approval at Friday's meeting. The deal will bring a high-tension line for abundant power, slightly higher electricity costs but cheaper street lighting without moonlight schedule, deemed satisfactory by local directors for all users.