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Show STOCK-HOLDERS MEETING. At the annual meeting of the stock-holders of the Logan U. O. Foundry, Machine & Wagon M'f'g. Co., held Jan. 11th 1882, a statement of the business for the year ending Dec. 31st, 1881, was read, the same showing a net gain on the business of 24 ½ per cent. On motion of C. O. Card the statement was accepted and ordered to be placed on file. Minutes of last Board Meeting were read in which it was shown that a dividend of 20 per cent, was declared, payable to stockholders, and 4 ½ per cent, passed to reserve account. It was resolved by unanimous vote of the meeting that the voting be done viva voce. On motion of Robt. Croft it was decided that the dividend be paid in stock or drawn in work at the option of stock-holders. It was also unanimously resolved that each stock holder be required to notify the secretary within thirty days from date of the meeting as to the manner of disposition of dividends due them, and failing to do this said dividends to be credited on their stock account. A unanimous vote of thanks was given to the officers and employees of the company for their faithfulness and the efficient manner in which they had conducted the business during the past year. A list of the names of stockholders who had fractional parts of shares to their credit was read by the secretary, after which Pres. B. M. Lewis urged the advisability of said stockholders paying the difference and making said fractions up into fully paid up shares that they might be benefitted by them in the future. The election of officers for the ensuing year resulted as follows viz: B. M. Lewis, Robt. Croft, C. B. Robbins, Aaron Farr, and Thos. E. Ricks, Senr., Board of Directors; Joseph Goddard, Secretary, and Joseph Wilson, Treasurer. Speeches were then made by C. O. Card and Samuel Holt, both of whom expressed their pleasure at the progress made by the company. On motion of David L. James it was resolved that the minutes of the meeting be published in the Logan Leader and the Deseret News. Meeting then adjourned until the second Wednesday in Jan. 1882. Joseph Goddard, Secretary, Logan, Utah, Jan. 12th, 1882. |