Show WIS 71 IRON INDUSTRY A step forward foiw aril in territorial derel de ol 01 F for or years the inexhaustible iron tr treasures eastres havo have lain idle iu in the bowels of our mountains and hundreds of thousands of dillars which might ight have been retained in this territory have been sent abroad for the most indispensable of metals and its manufactured products F from rom time to time efforts have been made to inaugurate a movement conducing to the utilization of this part of our mineral wealth but hitherto all those en endeavors deAvon hae lave proven more or im abortive and where thousands of dollars were ex expected eted thousands were lost nevertheless r vertlie less the matter has forced itself stronger and stronger on the attention of the leading business men and capitalists of utah until anew a new and to all appearances and expectations vigo iou organization has been effle effected as we I larn arn from the salt lake herald yesterday a number of gentlemen en tac prominently identified with the material wealth of the territory met at the despret Nit national ional bank for the purpose of taking into consideration the advisability of organizing a company for the manual manufacture ac of iron iron the meeting was called to order by hon wm win jennings jennins upon whose nomination hon jol john in shary sharp was chosen chairman and col J R winder secretary and temporary treasurer the object of the tho meeting was explained and the draft of articles of incorporation po oration ration which ivero to servo serve as a easis basis for deliberation was read after duo due consideration the draft was approved the name b being e ing the utah iron manufacturing I g co five hundred shares of t the h stock to i were subscribed for and in accordance with tho the law regulating the incorporation of such companies 10 per cent of the amount of stock subscribed for was paid into the handa hands of the tr treasurer the sum amounting to the neat little nest egg of hard good dollars this done the election of officers for tho the ensuing twelve months was commenced resulting as follows president wm jennings Jen ninga vice president m ide it amos howe directors vo john lin S sharp harp F little john taylor W WH H hooper 11 S SE eldridge ldridge the president and vice president being im members of the board who together ge ther with the secretary and the trea treasurer burer to be ba liere hereafter after elected by the board will make the nine members nece ary to constitute the board of directors as provided for in the articles article q of incorporation the stockholders meeting then adjourned sine ji diemand band the board of directors direct ora met their business being the election of a secretary and a t treasurer measurer rea surer col J il winder was chosen secretary and L S hills tre treasurer the company lias has not yet et decided what active steps will be c taken or where the iron works will bo be located |