City faces water plant sale to Western Public Service Co
A long analysis argues the Sidney water, light, and heat system should be sold to Western Public Service Co for 200,000 and a rate cut. It details net earnings, city expenses, and possible tax relief, claiming the city could gain 155,000 in treasury and lower taxes if the sale proceeds. The piece critiques current charges, urges business judgment, and warns a non sale could raise rates to cover bonded debt and obsolete machinery.
MENTIONED IN THIS ARTICLE
Sidney
Western Public Service Company
Water Department
Western Public Service Co
Municipal Service
K. W
K. W. HH
K. W. HL
White Way
West
Era Public Service Company
Sidney light plant sale eyed for public service deal
Cheyenne county residents show strong interest in selling the Sidney light, heat and power plant to Western Public Service Co. The sale would add $200,000 taxable property, boosting county revenue by about $670 yearly at 3.85 mills. The county saved $208.13 on the 1928 light bill, from $707.81 to $499.81, a total yearly saving of $878.13 for the county.
MENTIONED IN THIS ARTICLE
Sidney Municipal Light, Power and Heat
Magiunation
Western Public Service Co
Public Service Corporation
Cheyenne County
Sidney
Banking guaranty law under Nebraska probe and calls for inquiry
Nebraska debates the twenty year state bank guaranty law as deposits soar from 71 million to 268 million and capital climbs from 12 to 19 million. Critics warn of a depleted guaranty fund and mismanagement while Ritchie calls for a legislative investigation to determine causes and proper remedies.
MENTIONED IN THIS ARTICLE
Omaha
State Bank
Nebraska
Sorensen
Rodman
Ritchie
Also Mentioned on This Page
Guy V. Doran
Geo. R. Adam
Sidney Roe
Mills
Fang
Rothmoor Coats
France
Scotland
England
Rothmoor