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Unlimited Industrial Power
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A contract has been entered into between the Mayor and Board of Commissioners of Williamston and the Virginia Elec
tric and Power Company, in which all parties agree to do certain definite things. The sale of the electric distribution system
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in Williamston to the Virginia Electric and Power Company must be approved by a majority of the qualified voter* of William
ston before a final disposition of the power matter can be made.
' REDUCE BONDED INDEBTEDNESS
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The Mayor and Board of Commissioners of Williamston have agreed, subject to the approval of a majority of the qualified
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voters of Williamston, to sell to the Virginia Electric and Power Company its entire electric distribution system for the sum of
$75,000.00 cash. This sum will enable Williamston to reduce its bonded indebtedness.
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FRANCHISE FOR 30 YEARS
Williamston has agreed to grant to the Virginia Electric and Power Company a thirty-year franchise to do a retail light
and power business in Williamston.
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$75,000.00 CASH FOR WILLIAMSTON "
The Virginia Electric and Power Company has agreed to pay Williamston the sum of $75,000.00 for its complete electric
distribution system. The power plant site, power plant building, and power generating equipment, now owned by William
ston, will not be included in the sale of the electric distribution system to the Virginia Electric and Power Company.
' - • LOWRATES-THE COMPANY'S BEST
The Virginia Electric and Power Company has agreed to make effective fn Williamston its standard rates for light and
power service to all customers. Williamston will have the same light and power rates which are now enjoyed by the cities the
size of Richmond and Norfolk, Virginia. These standard rates will create an actual saving, to all customers in Williamston, on
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the cost of an every-day necessity.
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SERVICE TO BE MADE PROMPTLY
, The Virginia Electric and Power Company has agreed to build power transmission lines, and make available in the quickest
time possible, an unlimited supply of Industrial Power in Williamston. - - -- —... >- V . .• ■. *l • f ' . .
WILLIAMSTON TO SELL TO EVERETTS -
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The Virginia Electric and Power Company has agreed to allow Williamston to resell a supply of unlimited industrial
power to the Town of Everetts. The payment by Everetts for this power will also- pay for the present street lights and water
pumping power in Williamston.
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J APPROVED BY WILLIAMSTON OFFICIALS
The above are the important items agreed upon by the Mayor and Board of Commissioners of Williamston and the Vir
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ginia Electric and Power Company. • .
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VOTERS MUST APPROVE DECEMBER 20TH • .
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The approval of a majority of the qualified voters of Williamston must be secured before Williamaton can sell its electric
distribution system to the Virginia Electric and Power Company. V
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It is reported that 328 citizens have registered for the special election to be held on December 20th. dife hundred and sixty
five voters must vote "For the sale" in order to carry the Election. •» -
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The Virginia Electric and Power Company desires to cooperate with the progressive citizenship of Williamston. Your de
sire for the continued growth, development, and prosperity of Williamston is no greater than ours. > .
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CAROLINA DIVISION ' '
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Virginia Electric & Powir Company
W.E.WOOD R. J. THROCKMORTON J.T.CHASE
rw' President ,/ » - General Manager ' '• Manager
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Tuesday, December 20,1927