hotel vernal holds mortgage burning ceremony stockholders of hotel vernal inc learned ed at their annual annual meeting monday night that the hotel has now been completely paid for and is debt free the announcement came in the firm of a burn ing ceremony doll followed owed by a report from the president odthe of the corporation senator D B 11 II String barn the building open ed during june 1947 at a cost of last year with occupancy of per cent the net profit after depreciation was according to the presidents report during the past year has been paid in dividends in faxes in capital improvements and 24 in notes he said total net profit since opening of the hotel in 1847 1947 has amounted to after depreciation pre clation stockholders were paid a five per cent dividend in 1051 and an 8 per cent dividend for the year ending 1952 stockholders and their partners attending the dinner dance were served a special dinner and were entertained by television star dorothy brown and her entertainers irom from salt lake cit city tables were decorated witt with pink roses