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It now looks as if the town of Cicero would be supplied, with both fuel and illuminating gas within a reasonable period Two companies are seeking charters and the town trustees have been giving much careful thought to the subject, their only purpose being to secure the best thing attainable for the people. “We understand the de tails of an ordinance have been sub stantially agreed upon, and that it will probably be ‘presented at the meeting of the board to-morrow even ing. One of the companies seeking a charter ‘is represented by Mr. P. J. Hanscom, of Oak Park, and the other is the Citizens’ Gas company, which contains in its list of incorporators two or more gentlemen of Austin. The latter company proposes to locate its plant near the Grant Locomotive works and agrees to supply gas suit able for light and fuel by the Loomis process, at 75 cents per 1,000 feet, on a casis of 800,000 feet per day, grad uating down to 560 cents when 500,000 feet or more per day is used. After five years, if the consumption exceeds 1,000, 000 feet per day, 2 per cent of the gross receipts of the company would be paid to the town. ‘They must begin work within ninety days after passage of the ordinance and have ten miles of mains in use within eighteen months. The Hanscom proposition is to furnish gas for light at $1.50 per thousand and for fuel at 75 cents, graduating down to $1 and 50 cents, respectively. Both propositions in clude an option of purchase by the town after fifteen years It is believed that both companies are in earnest and mean to carry out their agreements in good faith, pro vided their offers are accepted. It remains for the trustees to decide which offer is best for the people, as they are desirous of passing a fair or dinance. Then, if the company chartered does not at once put up a good bond and begin work within a reasonable time, any other company that chooses to accept the conditions may come in.
Newspaper Details
Oak Park Reporter
Oak Park, Illinois, US
Fri, Jul 31, 1891
Page 2
Full Page
Clipped by
John L.
IL, USA 24 Jan 2026
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