New homes
and businesses are built in early 1886 and wooden sidewalks are completed
around downtown. A group of Spokane Falls businessmen buy out Fitch and the Spokane Falls Electric Lights and Power Company:
1. Frank R. Moore - Pres., First National Bank....
2. Horace L. Cutter - Cashier, First National Bank...
3. William Pettet - xx
4. Fred D. Chamberlin - Chamberlin & Bros. & Co., commission and produce merchandise
5. J. D. Sherwood - Sherwood & Dempsie, wholesale/retail men's furnishing goods
6. Harry M. Hoyt - Attorney
Sydney Z. Mitchell convince these
businessmen to invest in 1,200 bulbs, they agree to only use Edison-patented
equipment, and pay the Edison Company 30% of revenues as royalties. A new
dynamo 30 kilowatts capacity is ordered, they lease a site for water power
development on the north side of the river, and install the first generator at the Post
Street Bridge at the falls.