The Daily Banner, Greencastle, Putnam County, 22 February 1949 — Page 3

THE DAILY BANNER, GREENCASTLE, INDIAN*, TUESDAY, FEBRUARY 22, 1949.

Downstairs

in,, of .ild 'luarter .|u..rt#r K.i* ,o U «l, 41 U.Ki ee « ,m r( . et r,.,., to a harrow tooth: them-* an iron pin „„ the of "„rt" 4S «loitr.'.-» wo«l 3-1 f He , aai.i r|UHrU . r (|uarler . , hent .,. „ , harrow tooth: tlicin'r north > 330 fen to thl pla. .■ of beirlnnlna “ "■'••■•ow he excepting fr.,,,,' aal.l al.ovo refi h.o-e eaHt SS fe , e U t Mr .n er » , '« r 'w r; ' l, " t " r '"..thwen, * «.ist SO f»f t to a Hti.kf*; quarter of the northeast . r ih. iM-,. south IJ (leffreen went «2 Se« lion 2s. Township l", North r...., to the renter of the creek: Han*e B Went .h-seritVetj foU hen. .- Houth 4., ,green earn r.Bx lowe I'oinniencinK at Hie southfeet |I. make In tlie center of the cant corner of said otiarter 111111 1 r *‘T k ,; n 'i 1 *'", 0 ': 4 " degree - let. thence west 3C9 feet tci a •as. .ill feet to it harrow toolh in poim: thence north 17«M, feet to lhe center of the gravel road, a point theme in a northeastern thence south B3 degrees east as direction 380 feet to iho center of feet to a Stake III the center „f the tireencaslle and l•o,lland .he Kcavel road; thence south 47 Mi ravel K„„d; thence i ng degrees east 13 feet to a Make, said road In a son.heasterlv dire," hence south 4. I* degrees east 40 lion fee, to where the east I feet to a stake In the center of of tie nortnwes after of il, * he Kravel road; thence south 3S>, .northeast ,,uart. r of sahi Seetl.m degre. s east .,00 feet to a stake 2s crosses sal.I road, thence south In tile center of the road; thence along said lin t 3|s teet to tin.

place of heg-ln^iiiK. Trwrf -2 Part of the nurthwvst «i»ii«rter of tin* HouthweHt (|uarter «»f Se^•* Hon 21. Township IT. North. KanKf .‘i Wost. (14 * si • r t hed as follows, to wit IhuinninK at a point ini tinnorth line of Halt! quarter quarter section, which is 7 roils and IT* f*et enst of the northwest corner thereof; thence cast to the northeast corner of said quarter quarter section; thence south to the southeast corner thereof: thence west with the south line of suit! quarter quarter section t4» a point which is r*2 rods east of the southwest corner of saId quarter quarter section; thence in a northwest coursi. tit the place of heginnhiK containing 25 acres, more or less Also, tli*- east half of tire southeast quarter of Section 20. Town

ship 15 NnrtH. RaUKe 5 West, except 15 acres of uniform width off of the .south 4-nd 1 and 20 acrea of uniform width off of the north end of said half quarter. Also a strip off of the west part of the northwest «niarter of th»* southwest quarter of Section 21. Township 1. North. Ranffe 5 West, hounded :1s follows, to wit Commencing at the Northwest corner of s.»hl dcserll)*-<! piece of land; thence rust with tin* line thereof 7 rods and 15 feet; thence a southeaster!) course t" th siaith line ‘tf said described piece of laud, thence west 52 rods to the southwest corner of said d* .scribed piect- »if land; them-4* north with the w«*st line thereof to th. pla*-e of hej^hming Also, a strip of land off of th. northwest . omcr of the east half

of the southeast quarter of Section 20, Township 15 North. Itungi 5 \V«*st. hounded as follows, to wit: Commencing at the northeast •orner of said described piece of land; running thence west with the north line of said piece of land 7 and one half rods to Uttl •

Walnut Creek, tlo-mr with the direction of said creek, the center .»f the creek betnp th*- line to the east lio.' of so i<i plee« of land, containing 16 acres more or leas Terms of sale: One third < 'sh at the time of sal*-, balance on delivery of the Deed and abstract of

title Said sale to take place on Tract No 2 (home of Charles E Webb. Clinton Township. Putnam County. Indiana at 1» o'clock A. M Willard Miller. Commissioner Krancls N. Hamilton. Attorney 15-lit.

FOR MORE DELICIOUS SALADS AND DESSERTS USE HURST’S COTTAGE CHEESE GET IT FROM YOUR GROCER OR CALL 805-W FOR DELIVERY

GIANT CONSTRUCTION PROGRAM FULFILLING PUBLIC SERVICE COMPANY CUSTOMERS’ ELECTRIC NEEDS

a of a pressing- [ eitabltshment In pt caught with Ml lira v n a threej r ar; • him in th« (/ nternational)

nm qis> ;o\ I dts I m \t i - i \ IE mu that the 'loner. ap-

p.irtition

nit Court, a > is plain-

liill Carol Lee

11 ubert H< n l >

,-n ilefendatila I,■ 11 , • i tain real ; - •• St | | , <|, ii'd in tlie will, as the 36th •i* offer for il heat hid - iii - it ai i state in 1 State of

fcictimi tin * i [\\ . H*

New generating facilities have now more than doubled your Electric Company’s 1940 capacity . . . will have more than tripled it by 1952! • Your electric power supply is being enlarged and extended as fast as possible to keep up w ith the rapidly growing demand for electricity. As indicated in the illustration at the left, additional generating capacity already added to the Company's Edwardsport and Dresser plants by the end of 1948 has more than doubled your electric Company’s 1940 capacity. Still more additions scheduled to be placed in operation in 1949, 1950 and 1951 will provide our customers more than three times as much power supply in 1952 as in 1940. At present, it is estimated the cost for all additions made since the close of 1940 will exceed $125,000,000 by 1952 —for MORE ELECTRIC POWER. We must rely principally on the sale of securities to finance major construction, and in addition to the funds so obtained to December 31, 1948, we expect to sell another $24,000,000 of securities before the present construction program is completed.

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IT TOOK MONEY, HARD WORK AND PLENTY OF "KNOW HOW" TO SERVE YOU IN 1948

# In recent years, the problem of providing your electric power has become increasingly complex. Demand for electricity has grown bv leaps and liounds. For example, your Company’s industrial customers alone required 15 5% more electricity during 19-fH than they did in 1940. Customers, including those in homes, factories and on the farm, used almost two and a half times as much electricity in 194H as they did in 1940. To meet this unprecedented demand has required the expenditure of millions of dollars, the whole-hearted cooperation of all your electric Company’s employees, and all the skill and ingenuity they could muster. As a result, our territory was able to maintain its proud "power-full” reputation, with an adequate power supply for the industries and individuals we serve. New developments during the year included: V The biggest expansion program in the Company’s history was continued ami plans for still more increases in facilities were made. In addition to the installation of new generating equipment, a five-year contract to operate the government’s facilities at Charlestown, Indiana, was signed, adding 47,000 kilowatts to the system.

9H-61C During 1948, it took 1,473,000 tons of coal to generate electricity in your Company’s steam plants. This was an increase of 89% compared to the 779,200 tons used in 1940.

“TVilC Over 3,278,000 pounds of copper wire and other conductors, essential to the distribution of electricity, were used during the past year to provide electric service to farms, homes, shops and factories.

TJioiC The Company served more customers during 1948 than ever before in its history. At the close of the year, 280,000 customers were being served . . . an increase of 26% over 1940. The Company’s rural electrification program was continued during 1948 with the result that the Company now directly serves in excess of 37,000 farm and other rural customers.

ABOUT 1949:

BBf

'TfyoTC W'ith "Everybody Going AIM lectric," and the increased number of new customers added to our lines, kilowatt hour use increased considerably. Our customers used 1,955,000,000 kilowatt hours in 1948, compared to 1,602,689,000 the year before, and 803,580,000 in 1940.

TQfaiC £*Hyt0><fCC4 The largest number of people ever to work at the big job of providing your electric service, over 2,400 men and women, was employed by the Company during 1948. Their wages totalled about $7,500,000, spent in the communities in which they live . . . for food, clothing, rent and other necessities—greatly contributing to the area's general prosperity.

@6*tCcHUC€t E lectric rates to the Company’s residential and farm customers are now at their all time low, unlike upw ard costs for other commodities and services. This is a proud achievement in view of the fact that the cost of providing service continued its upward trend, just like your ow n living costs. Hut, through the continued development of operating economies developed by your Company’s experienced business management, and because of the record-breaking volume of electricity purchased by the Company’s customers, it has been possible to maintain these low rates.

As always, the year ahead is a challenge to every employee of your electric Company ... a challenge to us to continue finding ways and means to provide

you w ith dependable electric service at the lowest possible rams ... a challenge

we gladly accept with renewed determination to succeed.

Th# Annual Report to Stockholders for the year 194* will be available about March 1. We will gladly send you a copy upon request.

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PUBLIC SERVICE COMPANY OF INDIANA, INC.