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Mr. Mahons noted that money paid by the customers in rates cannot be end is not used to pay for new construction end expansion. This, he said, most come from borrowed money in the form of bonds, stocks, and notes. The money paid by the customer goes for operating expenses such as .. -wages, taxes, maintenance, etc., together with interest on the . money invested. .
^ Speaking of costs,"the manager pointed out that his company has been required to make a number of general wage increases since the war and that the cost of materials which the company had to purchase had increased to an even greater extent and this at a time .when the company had the largest requirements for labor and material in its history. ' • Mr. Mahone expressed the hope that the Commission, would, after investigation, grant the increase sought and enable the company to continue to improve the service to its present customers and proceed With its expansion program.
All Members Present At'
Supenrisors’ Meeting
The Board of Supervisors, in meeting Wednesday, heard Richard Worthington, highway resident engineer, make a report concerning the re-location of Route 600, (which turns north at Bradley Atkin’s service station, near .Sper. ryville.
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