Show Old Park Konold Name Nam Changed At ALa Ata a special stockholders meet meet- D I Ing ng July 14 H the name of ot the old Park i rk Konold Konoid Mines Corporation was vas changed to Progress Corporation Corpora Corpora- tion and the par lIar value of ot stock of ot the corporation was raised from 25 cents to The stock also abo was voted non In the reorganization present Park Konold shareholders shar will re- re elve one share of ot the new corporation cor cor- stock for each held of Park lark Konold The new name will willbe b be b used In trading on the Salt Lake Stock Exchange Officers of the new corporation I Include Napoleon J. J Daigle Van Nuys California president treasurer trots treas ural anti and director Leroy L L. L Hel- Hel vice president secretary and director Thomas A. A Carter president of Engineering Engineer Engineer- lug Jug Services a su subsidiary LeoH Leo LeoH H if Moir Jr director of the allaud oil all and aud ga gas gall division Fraser Buck Duck secretary or of Park Konold for many years ears director and Carroll CarrollI I L. L assistant secretary Pi Progress ogress Corporation will cli- cli the various operations of the firm An Intensive oil and gas as exploration program Is being pushed and besides acreage held heldI I In ir mt f I of oit acres have be been n l le leased ased sed InI in Green Gleen County Ky where oil is I found frund In shallow pools I Sel Engineering ac accordIng accord accord- ord- ord Ing to Mr r. r Daigle is in research and production of several new units that have direct usage In Inthe Inthe inthe I the national program for space and rocket development showing the results of a aland aland land laud reclamation program thru the use of ot new materials was shown to stockholders This program pro gram h has S aroused much interest t tin In agricultural circles in that thep the p process reclaims arid ant and unproductive unproductive unproductive land in a short time |