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" A it 1 "YI l I l-i . o- N o ' . HYDRO OFFER TO BUY SESSION Mll()(lljli2 (ij1ifijiililiitl) AFTER COMMITTEE Ratification Must Be Gwen Finality to Proceedings of by ih P. & T. Share- 1930 Are Given In holders Legislature ' --------.-- I STATEMENT BY MAGRATH NEW MEMBERS PRAISEDi "i, iyIreet0rs Already Have An. A quiet end was written omeia11y yes- r' . terday to the first session ot Orstario's f proved, It IS fiurmised Eighteenth Legislature. In Hamilton His Honor Lieutenant-Governor Wil- . '.liam D. Ross came and went amid the I Mime-honored formality of booming ', Announcement was made late yester-,guns, cavalry escort and guard of {day by Chairman Charles A. Magrath honor, glitter of dress and ceremony, , and in between times gave Royal assent' that the. Ontario Hs dro-Electric Power to 121 bills fashioned by the House dur- Commission had entered into an agree- 1 ing its sessional period ot Feb. 5 to ment with the Dominion Power and'April 3. 1 T . Many spectators were n attendance. ifury1rtssftuir,el',2, a: 'ef,1en is! The Legislative Assembly itself was al- $21,250,000. Only approval of the most rcprcsented in full, due to the fact shareholders of the Hamilton company that the actual business1 of the sessio'n to the purchase is required, and this, ( did Ie.). wind up until t e report ot t e it is expected will be forthcoming in a l Committee on Public Accounts had been tew av'; ' lpresented and adopted-less than half Mr. Magrath's announcement came at i 'a,ht,'iare,retut,e wheels ot proroga- the close of a lengthy conference be-; Prior to the arrival of the Lieutenant- tween the Commission and officials of i Governor and retinue Premier Ferguson the Dominion Power and Transmission .spoke a few words in approval of "the Company. Legislation enabling the constant attendance" of the members Commission to make the purchase was during the session: their faithfulness to introduced to the Legislature try Pre- I the discharge of their duties, and the mier Ferguson last week and given very satisfying and satisfactory manner Royal assent at, prorogation ot the in which the business of the session had House yesterday afternoon. been transacted. In the new members The Announcement. i the House had, i r felt, "splendid acqul' - sitions." $33: {(3332): statement from Mr. Ma The Speech from the Throne occu- "The Hydro-Electric Power Commis- pied but a few moments of reading. It sion has entered into an agreement was Pl'!"' over t1lmost entirely Itolcom- with Dominion Power and Transmis- mendation of c1overnmentLlt.i.It' at on. l sion Company. Limited, for the pur-; chase of its properties, including the! shares of its subsidiaries. as follows: "The Hamilton Cataract Power, Light and Traction Company. . "The Hamilton Electric Light and Power Company, Limited. "The Hamilton Street Railway Com- . pany. . "The Hamilton and Dundas Street Railway Company . "The Hamilton Radial Electric Rail- . way Company. "The Hamilton. Grimsby and Beams- ville Electric Railway Company. The Brantford and Hamilton Electric Railway Company. C 1 "Hamilton Terminal Company, Lim- i ited. . "The Dundas Electric Company, Lim- 'ited. I "The Lincoln Electric Light and 3 Power Company. Limited. I "The Western Counties Electric Com- Pe.,',,' Limited. I "The Highway King Busses Limited. "This agreement must be approved by the shareholders of Dominion Power and Transmission Company. and it is understood that they will be called to- gether at an early date for that pur- pose. " "The purchase price is $21,250.000, payable in debentures of the Comm") a? guaranteed by the Province 0' o." .