You can now read 10 articles a month for free. Read as much as you want anywhere and anytime for just 99¢.

Nashua

Water company purchase creates problems

Continue reading below

The city’s purchase of the local water company has created a conundrum for city officials: Who will fill the $12,000-a-year seats on Pennichuck Corp.’s board of directors? In previous years the company’s shareholders elected directors, but the city of Nashua is now Pennichuck’s only shareholder. So who will get the vote — the mayor, the president of the Board of Aldermen, or someone else. The problem was discussed at a recent meeting of the Board of Aldermen’s Pennichuck Water Committee. It must be resolved before the first shareholders meeting since the city acquired the company last year, which is scheduled for March 23.

Loading comments...

You have reached the limit of 10 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week