﻿610 
  NEW 
  YORK 
  STATE 
  MUSEUM 
  

  

  Gas 
  & 
  Electric 
  Company, 
  owns 
  the 
  entire 
  flow 
  of 
  the 
  Genesee 
  river 
  

   at 
  the 
  lower 
  falls, 
  where 
  the 
  head 
  is 
  96 
  feet. 
  With 
  1000 
  cubic 
  

   feet 
  per 
  second 
  flow 
  there 
  may 
  be 
  developed 
  at 
  this 
  place 
  10,903 
  

   gross 
  horsepower. 
  At 
  the 
  same 
  rate 
  as 
  computed 
  above 
  for 
  the 
  

   Genesee 
  Paper 
  Company's 
  water 
  rights 
  — 
  on 
  the 
  basis 
  of 
  that 
  

   company's 
  actual 
  offer 
  of 
  $125,000 
  — 
  the 
  total 
  value 
  of 
  the 
  Brush 
  

   Electric 
  Light 
  Company's 
  water 
  rights 
  is 
  found 
  to 
  be 
  $504,155. 
  

  

  Undeveloped 
  power 
  'between 
  upper 
  and 
  middle 
  falls. 
  So 
  far 
  as 
  

   known, 
  no 
  price 
  has 
  ever 
  been 
  placed 
  upon 
  the 
  undeveloped 
  

   waterpower 
  between 
  the 
  upper 
  and 
  middle 
  falls. 
  A 
  low 
  water- 
  

   power 
  with 
  10 
  feet 
  head 
  can 
  be 
  developed 
  here 
  capable 
  of 
  fur- 
  

   nishing, 
  with 
  1000 
  cubic 
  feet 
  per 
  second 
  flow, 
  about 
  1136 
  gross 
  

   horsepower. 
  There 
  is 
  also 
  a 
  possibility 
  of 
  developing 
  seven 
  

   feet 
  head 
  between 
  the 
  feeder 
  dam, 
  in 
  the 
  south 
  part 
  of 
  the 
  City 
  of 
  

   Rochester, 
  and 
  Johnson 
  and 
  Seymour 
  dam, 
  of 
  which 
  the 
  power 
  

   may 
  be 
  taken 
  at 
  795 
  gross 
  horsepower. 
  

  

  The 
  foregoing 
  values, 
  it 
  must 
  be 
  remembered, 
  are 
  based 
  upon 
  

   water 
  rights 
  merely 
  — 
  they 
  do 
  not 
  include 
  lands 
  and 
  buildings. 
  

   The 
  proposition 
  is 
  to 
  purchase 
  water 
  rights 
  and 
  lease 
  back 
  — 
  

   as 
  one 
  main 
  consideration 
  for 
  selling— 
  water 
  in 
  the 
  raceways. 
  

  

  Estimated 
  cost 
  of 
  water 
  rights 
  at 
  Rochester. 
  We 
  will 
  now 
  make 
  

   an 
  estimate 
  embodying 
  the 
  preceding 
  information 
  as 
  to 
  the 
  value 
  

   of 
  the 
  Rochester 
  water 
  rights. 
  

  

  Johnson 
  and 
  Seymour 
  raceway 
  $103,350 
  00 
  

  

  Rochester, 
  Carroll 
  and 
  Fitzhugh 
  raceway 
  103,360 
  00 
  

  

  Brown's 
  race 
  316,000 
  00 
  

  

  Rochester 
  Power 
  Company's 
  race 
  24,000 
  00 
  

  

  Middle 
  falls 
  (Genesee 
  Paper 
  Co., 
  etc.) 
  147,043 
  00 
  

  

  Lower 
  falls 
  (Brush 
  Electric 
  Light 
  Co.) 
  504,155 
  00 
  

  

  Undeveloped 
  poAver 
  20,000 
  00 
  

  

  Sum 
  $1,217,908 
  00 
  

  

  Add 
  for 
  contingencies 
  282,092 
  00 
  

  

  Total 
  $1,500,000 
  00 
  

  

  The 
  foregoing 
  is 
  the 
  basis 
  of 
  the 
  statement 
  that 
  a 
  fair 
  value 
  

   for 
  the 
  Rochester 
  water 
  rights 
  is 
  $1,500,000. 
  

  

  