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Water Company Faces Financial Strain in Bristol Case
Dr Ralph F Badger testifies that local water firm profits declined while receipts rose 171 percent over eight years as capital investment jumped 615 percent. He notes urgent need to fix finances to float bonds to cover 880000 from parent and 55000 bank loan. Parent Greenwich Water Company holds 50 percent, Bristol town owns 20 percent.
MENTIONED IN THIS ARTICLE
Ralph F. Badger
New York
Brown University Economics
New On
Standard Research
Ing
Badger
Philadelphia
Greenwich Water Company
Bristol