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Show THURSDAY, SEPTEMBER 3, 1931 THE LEITI SUN. LEin, UTAH THURSDAY i The Best Of Service S 2 1 jo Our Service assures Pussenger and Shipper satisfaction. satisfac-tion. Efficient and 1'rompt handling of freight assures ST quick delivery to tJie consignee. tit " Fast schedules pins low rates provide economical passenger and freight transportation. 1 A group of friends entertained at a party Friday evening at the home of Miss Utelta. Smith, honoring Stella and Fred Bowen, who are moving away from Lehi, Games and muslo were the features of enjoyment, enjoy-ment, followed by a luncheon. The guta were Rowene Russon, Stella Bowen, Rinda Anderson, June Hanson, Han-son, Jean Crabb, Utella Smith, Douglas Ashton, Fred Bowen, Louis Km 1th, Victor Bowen, Milton Rua-on, Rua-on, Elmo Russon, Glen Simma, Newell Larson and Johny Lee. The Fifth ward Primary officers ! urirl t(n hpra riiirtlclnatM in an out fy Inar at Saratoga Tuesday afternoon After a refreshing swim, the group gathered on the 1 1 04 SHIP AND TRAVEL VIA Salt Lake & Utah Railroad tt . and evening. 1 Local Items Shirley Itoberts and Wayne Coates had their tonsils removed at the local hospital on Friday. Mr. and Mrs. IX. E. Woods attend ed an outing of the Old Timers Club of the Union Pacific railroad corn- Sunday Mrs. Sarah Gaisford and pany held at Lagoon on Saturday, Mr. and Mrs. B. I Shaw of tiatt 1 Lake citv were visiting In Prove. I Miss Georgeana Peterson is leav- Mr. Alvln Lee of West Frankford, Illinois, called to visit with Mr. and Mrs. John Hutching on Wednesday. On Sunday Mr. and Mrs. Elba Lett and Mr. and Mrs. Lynn Lewis made a trip to Hobcr and Park City. On their return trip they visited in Salt Lake city. Mr. and Mrs. Herman Allred, Mr. and Mrs. Harold Jensen, Mr. and Mrs. Millen Klrkham and Mr. and Mrs. Ole Peterson spent Saturday hunting pine nuts. They report a .very enjoyable time. Mr. G. S. Peterson and son, Pule, and Mr. John Whlmpey and sons, Don and Dale, enjoyed a pine nut hunt last Wednesday. They report the pine nuts plentiful, but hard to get, Mr. Peterson reports that a orew of men are working the old mining dump at Manning for valuables. val-uables. He states that there Is quite a large process going forward. TJtah Eighth State In Value of Mining Measured by value of output, Utah ranks eighth Hinong the mining states of the Union; second among the metal mining states of the west, according to a census bulletin Issued recently at Washington, P. C. Three states of the eit, seldom regarded as essentially mining states, lead the census list all of them being big producers of coal Pennsylvania, Went Virginia and Illinois, Minnesota is the fourth mining state, ncrordng to census figures, its output being both iron and copper, with Arizona, in fifth place, then Kentucky, with its vast coal nilnos; seventh is Michigan, with Its copper properties, and then Utah. The census figures are based on statistics gathered for the year 1929. According to this compilation, the value of the products of the 1J5 Utah mine, lnrhu'ing nunrrirs, i. the census yonr, was $S3,?!iS,n:1!) In producing this vast wealth the . mine employed 8S3 salaried officials and 12.176 wne enrners paying out In salaries to the form er a total of $2,652,368, and in wages $I,2f4,24sl. Included in the total of production was $2,05l,9!3 invested In contract work. For the operation of the Utah mines ami quarries, thf owners spent tlT,7fifl,3!i fr supplies, fuel and electricity, end used 180,821 how-power in operating their plants. : This same report gives the vtilue of the output of Idaho mines for I?29 (is S20.74S.615. The Idaho mines and quarries, C5 in number, maintained 157 officers and 4226 wage earners, and paid out in snl aries l;6S.870 and in wnRtt f 742i,- 255. Supplies, etc., cost the Idaho mint a total of $4.4:17.6 1 C ; 67.'.'i5 horsepower being Used in driving electrically operated machinery. The 107 mines of Nevada yielded $2.6$M31 wtirth of ores and other salable products. They gave em ploymsnt to 610 officers and 4716 wage earners, the former receive-Inr receive-Inr In salaries 81.897.097, while the wags earners received $3,142,634. Wyoming's 78 mines yteldrd pro duct to the value of tl,817.045. They' gave employment to 246 off! and SJSJ men, the former re- civins m salaries 8630.S4J. while the miners were paid a total of !9.-C68.759. !9.-C68.759. In all IJ. 889.84 8 was spent for supplies. . - In contrast with these figures. It 1 Interesting to note from the bureau tabulation that Pennsylvania, vthe lead lnr mining atafe, hsa J19S actlvs mines run by 13 812 officer and an army of 278.432 miners and other wage earners. 4The Pennsylvania mines paid in salaries 1SJ.774.S4 and In wages I40S.957.7S8, while the output out-put f the coal mines wraa placed at 3694,975,14$. The West Virginia coal fields yielded Just about one-third one-third that of the Pennsylvania fi-'ltls, and Its payroll was In proportion. pro-portion. The Illinois output was valued at 1182,948.251, Minnesota mines yielding substantially th asame return. Ing today, (Thursday) for San Finn-clsno, Finn-clsno, California, where she will visit with Mr. and Mrs. Samuel I. Peterson, Paul and Joe . Peterson. She expects to be gone about two weeks. . lakenhore, roasted weenies and marshmellows and enjoyed a water melon feast. The group included Mrs. Merle Garrett, Mrs. Randall Schow, Mrs. Bertha Beck, Mrs Wanda Curtis, Mrs, Verl Goates, Wrs. Pearl Turner, Mrs. Melba Clark. Mrs. Emma Loverldge, Mrs. Slgrid Jones, Mrs. Lula Anderson Mrs. Vlnnie Royle, Mrs. Ruby Mere dlth, Misses Flossie Webb, Nelda Clark and Gayle Smith. A very pleasant afternoon was spent. Miss Dorothy Ford entertained a group of little friends at a party Friday afternoon at the home of her parents, Mr. and Mrs. W. A. Ford The afternoon was pleasantly spent In games, after which delicious re frcHhmenta were served. Those present were Geraldlne Taylor, Ila Webb, Sallna Peterson, Agnes Lewis Beth Fox and Reah Hlggerson. Some of the big worsted mills in Massachusetts and JUiode Island are operating at or near eapacity. Some departments depart-ments of the textile mills have had to employ night as well as day shifts, The boot and shoe industry of New England also is experiencing a decided upward trend. Contract awards for public and semi-public construction since December 1, 1930, have passed the $2,000,000,000 mark. This amount is fully fifty per cent in excess of the normal and that excess of a billion dollars measures the value to the men who have been employed on these works of the direct personal infl uence of President Hoover in his efforts to relieve unemployment. European investors have been buying American securities securi-ties at the rate of $50,000,000 a month for the past year. Which demonstrates two important-things: That Europe is, not entirely en-tirely broke; and that at present prices American securities look good to detached observers who never invest without expecting ex-pecting to get their money back .with interest. LABOR DAY The return of Labor Day, the first Monday in September, Septem-ber, September 7th, set apart by national legislation as a public holiday, designated for the purpose of calling attention atten-tion to the dignity of labor and the progress that labor has made, should be a reminder of the fortunate position labor holds in this great country of ours from that which it occupies oc-cupies under any other flag, and it should be a reminder also of the vast gains labor hns made in our own country during the past few decades. We are only a generation or so removed re-moved from the time when the workers' day began before miu rise and ended after sunset. We are much less than a generation away from the time when labor was regarded as a commodity, to be bought in the lowest market, exploited in the most Kearfless way and cast aside the moment it was no longer needed. We have come to the time when cooperation coopera-tion has taken the place of exploitation, when employers have learned that the prosperity of their business depends npyn thy Welfare of their employees, and when the doctrine that high wages is essential to anything approaching general prosperity is all but universally accepted. Hut after all the one thing that sets the labor of Amer-ua' Amer-ua' upon a plane far above that of most other countries is I tlj great fact that our social organization affords to every American boy and girl complete freedom of choice of occupation. occu-pation. In the United States there is no regimentation of labor. There is no dictatorship. There is no barrier of caste or class to be overcome. There are no restraints upon the workingmen or women save those created by the ballot, by individual inclination, or by time honored 'custom. America knows nothing of the system so firmly established in all the countries of the old world which foredooms the son to the trade of his father and puts the servant's mark upon the servant's ,ehildgrjeration, after generation, , It is true-that labor y problems have not here in America been all solved. Certainly the time should come and must come ia a land eo rich in resources and so fertile in device and invention, when there shall be no protracted per-jckU per-jckU of unemployment for the man able and willing to work. The best minds in business and industry are now considering that problem with, ft seriousness which has never been given to it before. In some quarters already it seems to have been solved. Several great American industries have found a way by careful planning m to coordinate their sale with their production as to keep their working force steadily employed throughout the year. The lesson of these industries will gradually be learned by others. It is a tremendous problem but St will be solved. ORDINANCE NO. 100 A AN ORDINANCE .AUTHORIZING THE IMPROVEMENT AND EXTENSION EX-TENSION OF THE LEHI CITY ELECTRIC LIGHT SYSTEM, THE ACQUISTION OP ADDITIONAL ADDI-TIONAL POWER AND EQUIPMENT EQUIP-MENT AND THE ISSUANCE OF ELECTRIC LIGHT REVENUE OBLIGATIONS IN PAYMENT THEREFOR. t WHEREAS, Lehi City, Utah County, State of Utah, owns and controls and for many years has owned and controlled Its municipal electric light system; and WHEREAS, because of the growth of the city and the increased use of electricity, said system is Insufficient Insuffi-cient and inadequate' to meet , the demands of the city and its inhabitants, inhabi-tants, making It necessary and essential to improve - and extend such system and to acquire additional addi-tional power and equipment, and WHEREAS, the city does not have In its treasury an amount sufficient suf-ficient to pay for such Improvements, Improve-ments, extensions, power and equipment, equip-ment, and WHEREAS, the city Is able to make such improvements and exten sions and acquire such power and equipment by the issuance of special obligations payable solely from the net revenues of such electric light system, without incurring any gene. ral obligation of the city payable from taxes, or its general funds, and WHEREAS, the City Council con siders it to be to the benefit and ad vantage of the city and the inhabi tants thereof, to Improve and extend the electric light system and ac quire additional power and equip ment, and issue electric light revenue reve-nue bonds in payment therefor, as hereinafter provided: NOW, THEREFORE, BE IT EN ACTED BY THE CITY COUNCIL OF LEHI CITY, UTAH: Section 1, That the Mayor and Recorder of the city be and they are hereby authorized, empowered and directed to enter into contracts in the name of the city for improving and extending said municipal elec tric light system and acquire addi tional power and equipment, as fol lows:: . For the purchase of one 180 H. P. Diesel Electric Generating Unit complete with auxiliary and switch board, together with complete dis tribution system except street lights, at a cost of $37,000,00 from Fairbanks Fair-banks Morse & Co. and For the purchase of one 210 H. P. Diesel Electric Generating Unit complete with auxiliary and switch board, together with foundations and necessary building additions, at cost of $26,000.00 from Fairbanks, Morse & Co. In accordance with plans, specifications, contracts and agreements on file in the office of the city recorder of said ity, aggregating $63,000.00. Section 2. That in payment of such improvements, extensions and additions,! the city shall issue its bligations to be denominated "Lehi City Electric Light Revenue Bonds", or the amount of $63,000.00, which bonds shall be payable solely out ig the net revenues derived by the city om the operation of said electric light system and not otherwise. Section 3. That said Electric Light Revenue Bonds shall consist of one hundred twenty-six (126) bonds in- the denominations of $500.-00 $500.-00 each, numbered from one (1) to one hundred twenty-six (126), both Inclusive, shall bear date September 1, 1831; shall bear interest at th rate of 4 per cent per annum, and shall be due and payable as follows: fti.i500.00 September 1, 1932. $6,500.00 September 1, 1933. $6,500.00 September 1, 1934. $6,000.00 September 1, 1935. $6,500.00 September 1. 1936. f6.noo.00 September 1, 1937. $6,500,00 September 1, J938. $6,000.00 September 1, 1939. $6,500.00 September 1, 1940. $6,000.00 September 1, 1941. The interest on said bonds shall be payable semi-annually on March 1 and September 1 in each year, to be evidenced by coupons attached to said bonds. Both principal and interest in-terest shall be payable at the office of Lauren W. Gibbs Company in Salt Lake City, Utah. Said bonds shall be signed by the Mayor and Treasurer of the city and shall bear the corporate seal of the city, attested by the Recorder thereof; there-of; and said bonds shall be payable solely out of the net revenue derived from the electric light system owned, own-ed, operated and controlled by the city, which revenue shall be placed in the special fund created by this ordonance, to be known as "Electric Light Revenue Bond Sinking Fund." Section 4. That the forms of said electric light revenue bonds and the coupons evidencing the interest to accrue thereon shall be substantially substantial-ly s follows,- to-wit: : UNITED STAf ES OF. AMERICA. STATE OF UTAH COUNTY OF UTAH LEHI; CITY ELECTRIC LIGHT REVENUE BOXn " No....... Lauren W. Gibbs Company, hi Sali Lake City. Utah, on preav SS surrender of this bond or the respective annexed coupon a ther severally become due. This bond Is issued in payment for improvements and extensions to and the acquisition of additional power and equipment for the munl-Mi munl-Mi i.tric light system owned united and controlled by the city, based upon claims against the city duly presented, auuneu -lowed, the city hereby acknowledging acknowledg-ing receipt of property, labor or material ma-terial in an amount equal to or in excess of the principal of this bond. This bond is payable solely out of a special fund designated "Electric Light Revenue Bond Sinking Fund created by the city and consisting of income derived from the operation opera-tion of Its electric light system; and it is hereby warranted that for the payment of this bond. Lhi City will maintain said fund,, dep. sit therein all receipts derived from such system, sys-tem, and, out of such, receipts and as an Irrevocable chaise thereon, will pay this bond and the interest owrulnsr thereon, in the manner provided by the ordinance under which this bond is issued. It is further certified, recited and warranted that the city has not pledged, hypothecated or anticipated in any way, any of the revenues derived de-rived or to be derived from the operation op-eration of its electric light system other than by the issuance of the series of electric light revenue bonds, of which this bond Is a part. And it is further certified, recited and warranted that all acts, conditions, con-ditions, and things required to: be done, to have happened or to exist, precedent to and In the Issuance of this bond, have been legally and properly done, have happened and been performed and do exist in reg ular and due time, form and manner as required by law, and in full and strict compliance with the Consti tution and Laws of the State of Utah, and that the obligation here by created exceeds no limitation im posed by law. IN TESTIMONY WHEREOF, Lehi City has caused this bond to be signed by its Mayor and Treasurer, Treasur-er, and has caused the seal of the city to be hereunto affixed, attested at-tested by its City Recorder, and has caused the coupons hereto attached to be signed with the facsimile signature sig-nature of its City Treasurer, as of the first day of September, A. D. 1931. : Mayor HAPPY HOLIDAY AT BARGAIN PRiQjj! I h i I A Lkii . 1 II I M. I l J I (J t'i 1 wxiv v Treasurer ATTEST: City Recorder (Seal) (Form of Coupon) No , $11.8...'. On the first day of March and the first day of September, A. D. 19 Lehi City, in Utah County, State of Utah, will pay to the bearer bear-er hereof .'. Dollars ($........) in lawful money of the United States of America, at the office of Lauren W. Gibbs Company Com-pany in Salt Lake City, Utah, out of "Electric Light Revenue Bond Sinking Fund", but not otherwise, being six months' interest on its Electric Light Revenue Bond, dated September 1, 1931. (Facsimile signature) City Treasurer Bond No. - i tsnn aa Lehi City. Vytah.County. State ttah. faffel reifed. her.h Promises to pay to the Jp-arer hereof. Vl e special rund herein designated, desig-nated, the sum of Five Hundred dollars dol-lars ($500.00) in lawful money of the United State. cf America, on "e first day of September, A. D '9 wil Interest thereon from ate untu payment at the rate of nd three-quarters percent, per annum payable, semiannually semi-annually on the first d r f.v nd the nrt day of September tn -v" r. Miti principal and inter-t inter-t being payable at the office of Said coupons shall be numbered consecutively beginning with No. 1, with the several dys of payment and number of bond. Coupons bearing bear-ing odd numbers shall provide for the payment of $11.87 and coupons bearing even numbers shall provide for the payment of $11.88. Section 5. That said bonds shall be delivered in payment for said improvements, extensions, power and equipment after claims therefor there-for have been duly presented, audited audit-ed and allowed, and not otherwise. The issue of said bonds by the city shall constitute a warranty by and on behalf of the city for the benefit of each and every holder of said bonds, 1 that said bonds have been issued for a valuable consideration in full conformity with law. Section 6. That there is hereby established and created a fund to be known and maintained as "Electric Light Revenue Bond Sinking Fund" into which fund the city shall place all electric light revenues from all sources. Lehi City hereby irrevocably irrevo-cably covenants and agrees with each and every holder of said revenue reve-nue bonds, Issded under the provisions provi-sions of this ordinance. ' A. That It will through the appropriate ap-propriate action of the City Council establish and enforce a schedule of electric light and power charges sufficient at all times punctually to Pay the interest accruing on said bond to discharge the principal thereof at maturity, and sufficient ,tc, pay all operating maintenance and depreciation charges and expenses, ex-penses, all In accordance with approved methods of operation anoM P"" .re usually applied hi lht "pwUoB- ot "iniilar utilities by public and Private.corporatipns. B. That during the time any of said revenue bonds are outstanding the city will pay Into said fund, tor electric light and power furnish! IrZ 17 fr PUbUc or """ilclpal Purposes, a sum not lese than that charged Private consumer, for equal or similar supply or service. C" Tttat the Electric Light Rev. Bond SinkJnjf FuSf established and created is jj irrevocably Pledged for the purpose d payments herein t f.-vT wit: " w- If TRA.NS: 7:15.nd9:1 LADIES FREE Saturday, September 5 Ladies' Coupon For Free Admj, This coupon, when presented at the Tick ' me banair .uepot or Saltair Beach, will entw M receive one round-trip ticket, good only Satn J on the Salt Lake. GarfiPM a lturday, Seot,,T Salt Lake City to Saltair Beach and retaS presented at depot, or admission to Saltair h Beach.. alr whe Prcej., ' SALTAIR PP,.r 3 FREE Concerts Sunday, September 6 Featuring the famous ORPHEUS CLUB and NADE CHORUS. Finest programs of th. !"l eCii; s ... , . . , - it 50c and 8 p. M. ADMISSION AT AUTO GATE AND BATHING BOTH FOR FARE AND ADMISSION for 5c or 10c on LABOR DAY COUPON8 couPn and lOc-children under lj v, o . When Presented at the Ticket Office, mi the Saltair Depot or Saltair Beach, will entitle the n receive one round-trip ticket, good only Monday, Septet on the Salt Lake, Garfield & Western Railroad compav fr Salt Lake to Saltair Beach and return, when coupon L sented at. depot or admission to Saltair when pr Beach.- - SALTAIR BEACH CO. Dance To KEITH & HIS BAM SNAPPIEST MUSIC IN THE )IST ments are made satis.a Lauren W. Gibbs Compai payment o the principal si e.t of any of said revec which may be outstand? time. (a) During the month of Septem-j promptly made for a peri ber, 1931 and each and every month j months, the city shal ttj thereafter so long as any of said ! privilege of changing m I Electric Light Revenue Bonds or the 'agement with or without fc I interest thereon shall remain . un- j of Lauren W. Gibbs Cow paid, there shall be set aside and j if there shall be any ' there is irrevocably pledged from ' default the condition 8ft : the first collections for said fund, I this section shall again pif an amount sufficient, tn mv nnt Rpntlnn 9 The Citv mi than one-sixth of the semi-annual ' or agree to sell said eter interest and not less than one-twelf- ! systpm unless and until s. th of the principal Instalments next thereafter maturing on said Electric Elec-tric Light Revenue Bonds. .E?n?!i amounts shall be included in the annual budget and appropriation ordinances of the city and i-hall be devoted to the payment of Interest Section 10. All ordinances j accruing upon said bonds and the 0f ordinances in conflict principal thereof when the same be- I ordinance, are hereby rep come due. goction u. After said l' (b) There shall next be ptvid from issued, this ordinance s& said fund the necessary costs and pealable until said bt I expenses of the efficient and econo- interest thereon shall ta mic operation of said light system, satisfied and discharged (c) Any balance thereafter re- manner herein provided, j maining jn said fund may be de- j Section 12. This ordi posed of as directed by the City I its passage, shall be ref vuuuvn. . city doo a oi : 1 i Section 7. If it should ever be that osel !Z Z legally determined that any legis-i snatures latlve or any other body or commission com-mission has power lawfully to prescribe pre-scribe a lower schedule of rates than that contemplated by this ordinance, or-dinance, and If such lower rates should be prescribed, then the payment pay-ment of the, interest upon and the principal of the electric light revenue reve-nue bonds Issued pursuant to the provisions of thia ordinance shall constitute a first charge upon the revenue received from said system, anything m thia ordinance contained contain-ed to the contrary notwithstanding. Section. 8. In the event the city shall be in default in any of the payments required by' thia ordinance ordi-nance nd. such.default shall con-, tinue for jk. period ot thirty days, the city shatf appoint a manager of said electric, light systenwwho shall be satisfactory to ..Lauren W. Gibbs Company, ,f Salt Lake City, Utah, nd whose salary and, expenses incurred in-curred In auch management, shall first and prior lien on and against the revenues of the system-Said system-Said manager shall have full con- trot over said system, subject only to the control of the City Council, and he shall enforce such rates and charges fixed by the City Council, as will be sufficient to make the Payments required by thia ordinance. ordi-nance. If under such management all defaults are remedied and the. (signatures of the'Mayo I,.. nA .hall beP"1' rtecuruci - one issue of The Sro newspaper printed and P m'v every ThursW, general circulation there I Section 13. Byreas .t., Mtv and it il Iter?? not properly or a 1.1. 1,trMtV. it IS W1LU cicvw . ed that an emergen the opinion of the is necessary to the . Hn of the P4 . safety of the bAfJ Citv that this ordinal section take' effect-at once publication." Fassea . -,ltt Thi Citv, Utah, this v August. A. D.ll- f T. f. KIRKHAM City Recorder (Seal) the cy The Early first Amen" nounrements t rfff! coffee. tisements red in 175 iff' Payments required herein are ! monthly n I- 3lS 1 |