Evening Republican, Volume 17, Number 52, Rensselaer, Jasper County, 1 March 1913 — Utilities Company Has Filed Two Million Dollar Mortgage. [ARTICLE]

Utilities Company Has Filed Two Million Dollar Mortgage.

The Continental Utilities company, owners of the Central Indiana Water, Light, Heat and Power company, and operators of the electric lighting system at Francesville and Medaryville, on Saturday filed with the recorder a mortgage for $2,000,000 on .their properties, given to the Security Trust company, of Detroit. The Continental Utilities company operates plants extending over states adjacent to Indiana, and also own the power site and mill dam property at Pulaski, from which they expect to develop sufficient power to supply electric service to several near-by towns. The money raised by the mortgage will be used in improving their holdings, and a large part of the sum will be expended in building up and maintaining their interests in Pulaski county. The mortgage was made up in the form of a book, and contained 63 good-sized pages.