Argument ...: In Favor of Municipal Lighting, Before the Committee on Manufactures of the Massachusetts Legislature, March 24 and 25, 1891

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Salem Press publishing and printing Company, 1891 - Electric lighting - 33 pages
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Page 40 - We have no doubt that, if the furnishing of gas and electricity for illuminating purposes is a public service, the performance of this service can be delegated by the legislature to cities and towns for the benefit of themselves and their inhabitants...
Page 39 - ... affirmative. We notice that the bill, a copy of which was inclosed with your order, relates to the manufacture and distribution of gas or electricity not only for furnishing light but also for furnishing heat and power. We have not considered whether the furnishing of gas or electricity for supplying either heat or power can be regarded as a public service. We have confined our opinion to the questions asked, which, as we understand them, relate to the manufacture and distribution of gas or electricity,...
Page 1 - Mr. Chairman and gentlemen of the committee, I appear before you in behalf of HR 2542, and HR 3663, introduced by Congressman John Dowdy of Texas.
Page 51 - ... Other companies have sought its advice concerning the legality or wisdom of enlarging their capital. The surrender or cancellation of shares is sometimes a hardship on the owner, and always annoying. The amount of capital stock is usually of vital consequence to the consumers or patrons of a company. It should be kept at the lowest practical point, as the best guaranty for cheap light, as well as for reasonable dividends. Some of the companies, managed by men of a speculative turn of mind, manifest...

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