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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 t h e L a » Le n d . & l a t e r C o m p a n y h a s e x t e n d e d a n y u m la a in ® , i l i , M Y B ? Y m i #p#® t a k i n g c h a n e e e l a t h a t c a s e o f a s k i n g a p r o f i t o u t o f t h e s i t u a t i o n ? !I3 . Yc!IAM ? "E': l e s t S i d e « a s p r e t t y - w e l l b u i l t u p a t t h e t i m e * M B . S M IT H 'j D o n ’ t y o u t h i n k i t 1# w i t h i n y o u r o b l i g a t i o n , a s a p u b lic s u t i l i t y , t o t a k e t h e b u s i n e s s r i s k t h a t I s n e c e s s a r y t o e x t e n d t h e l i n e s I n t o e t l i m i t s ,? U R *T I < i1 f A ^ S j Y e s , s i r , p r o v i d e d : i f i s a reasonable y% |j» ||. * • ,?"* *& f• || p' i$k ^ t || M :. £?? q i MR , $TTTH; H e t iir n ir .s e t o tbs s u b d i v i s i o n , Pioneer Heights, didn’t y o u b e lie v e t h a t i n t h e f u t u r e t h a t a r e a , and d o n ’ t y o u believe, i v i e i o n s t h a t a x e s i ? vid e d i t i s - if t h e r e o f t h e s u t o & f v i s i o n . .a y • .l a o b u i l d •i*Y5 s »m .to “ t u h i t y r u s p r o f i t , o n y o V.r-« oT/ 4vr»’ * /Hvu|ii e e t i or; i n l a y i n g m a in® a t $» 4*1 0 1j!* HJ.T-.fj . . jIn .s s'hcrui l d toto i n s t a l l e d a t t h a t % U Y o v ;r t h o u r l 1 s n t>VX>. yi.* 4p* 4* V:i@ ciS'in® s h o u l d n o t s l t i f f l C i m 4r th i ’; ?« f|h if>?r o f b u t i d i n g s h a d b e e n ts r 1 1 V ;>iwW V% ( .-it iiiw t o t h e w a t e r § fm p a n y * iff F A T ft R { IT £* Stl 3^. J| | MX • i©P*w« *,*» *v? i>r * I &ei n o t during profits for t h e water company as I as in having sufficient witter tc go around to those on our sains* During nine .month© of ^V %t.o twin <V{ r rV.jnr «e he. o t h e r 't» % X1 $f# Q .e B iif in the t hound: t 1 ,ti aR 1 r„ i n f i n t h e i n s t a n c e o f G r a n d V i e w S u b d i v i s i o n , d i d y o u h a v e th is h o u g h i n m in d I n d i s c u s s i n g t h e f a c t y o u g o t n o r e v e n u e o u t o f i t ? *1" «* 74* M'• i ijgj po r a 1 1 cr i n s t a l l r«o-in a m u s u a l l y h a v e to s h o w w h e t h e r ox* n o t t h e r e w i l l toe g to roantsya of return on the investment* That Is true in the oasi till tto®f yru refe: f our k 1ad, vbbn 4 y*» «e*i • JL n © wtl1 11suslly to! ft Cl Of 1m turn on H®i p +i to S fe ha- to jus expeiriiture. 0. Don’t. you justify an expanse on the assumption that the toam will svem out that way. You don»t put it all on the present 35