| Show if county beaver state of utah ss fis I 1 elizabeth Pothering city recorder of beaver city utah hereby certify that tb attlio the above is a full true and correct statement lot of tho the receipts receipt a and disburse disbursements menti of heaver oily city cuttill ar ird A a truo true statement af tho the condition of denver anver city for bior the year 1013 to tile llie baist of ray nay kno knowledge 41 ELIZADETH city recorder Reo order alsed and up proved iipp roved by tho the city council jan 3 rd 1911 1014 I 1 attest elizaboth city recorder has no value unless 11 is founded on truth every statement we me make mace is absolutely true rue our business making and is your business bubines mending mist a kes we all make mistakes its human to do so you make them and so do we for were human too our biggest mistake was that ve anve know that you as a partner in our business dour your business wanted tp to know how we ran your company we realize that you ash as a partner not only wanted to buthod but had the right to know how we spend your money weve corrected that ini mistake stake now and w e dont make the same mistake twice youve made a mistake too a human ono one like ours you thought because we kept our business to ourselves that we were like a lot of other corporations youve heard about you thought that we afke li ke they had 49 watered our stock sold bonds and preferred stock and had a lot of high rates big mortgages and inflated values Y weve corrected that mistake too s weve shown you and were going to 0 keep on showing you that we are different from other corporations that weare we are on oil the square weve shown you and were going to keep on showings showing our finances our meth methods ids our rates and our revenues are clean right and honest you and the rest of our rs paid us for telephone service last year a lot of money but atit its less than one fourth of the money our stockholders our other partners have paid in to make your service possible our actual expenses for that same year were for operation takes maintenance depreciation and seven percent dividend to our stockholders it cost that much to make your service we dont believe that any corporation in the country can show a cleaner balance sheet than that that kind of a showing allowing is fair both to the public and to the i investor you see your company is different from other corporations 1 THE MOUNTAIN STATES TELEPHONE and TELEGRAPH C CO a lie che corporation Corpor alion Diff Different creni 1 mzx SCAM |
