; TYRONE BOROUCH BECOMES OWNER (Continued frem Page One) the sum $13.000. to pay taxes on land and stock, to pay an annual depreciation charge of $3,000, and to; pay the annual profit of seven cent on a capitalization of $390,000. perl It seems obvious, Mr. Gilbert points for out, that with the bond issue calling only four and one-half per cent interest in place of a seven cent per dividend the borough should fine operation of the plant highly profit able. General gratification is expresses locally that the transaction completed and that the borough now owns the water plant which has fo so many years served its people. Pecple's Natural Gas Compan' which is purchasing the gas piai of the Tyrone Gas and Water pany, will begin work before long laying Tyrone. its And gas this lines from Altoona : enterprise shout provide some substantial amount { employment to local men th spring.
