Salt Lake Herald-Republican | 1920-01-11 | Page 26 | Salt Lake Ford Employes Share

I w p n. n 1 SALT LAKE FORD FOKD Si SHARE Bonus of to Be Given to Local Force New Nev Plans Announced Bonus nonus checks checki totaling moro more than distributed this week to will wUl be the thirty five of or tho the Salt S ako 1 Lal o branch of ot tho the Ford Motor com com- pany according to H H. H. H Young Is to bo be local manager This bonus paid front from rom the funds of ot tho the Salt Lake branch and is part of or tho the total amount of ot recently announced by bytho bytho bythe tho the company In Detroit Tho The bonus is given In recognition of or faithful service ser and Is in keeping with the well known n liberal policy of the Ford company company com com- pany to Its Us eRIn eR In addition to tho the bonus In which every overy c will share the tho company has haa announced a n. unique plan of ot additional additional ad ad- sharing profit by issuing to tho the Ford For Investment These ore are Issued only to of or tho company In denominations denominations denominations nations of ot and 1000 and arc aro nonnegotiable and All have O tho the privilege of In Investing investing In- In vesting their bonus checks In tho the noW note Investment certificates and are arc also allowed to invest in up to third one-third of their weekly salary checks in tho th same sarno way vay Tho The certificates will vIII boara hear boar a n. guaranteed Interest at nt tho the rate of or 6 C per cent and In addition further payments payments pay pay- ments will be made semiannually on further CUI earnings of the comp n. n Mr YounG Toung said every of or the Salt Lake branch has Indicated his in intention intention in- in of Jt procuring his share of or In Investment investment In- In vestment certificates co which will ill gl 10 o him a n. three direct Interest In fn tho the earnings of or the tho company I Within the tho st year ear Henry Ford and his son Edsel l Ford or havo have ac acq acquired Ire full fulland and complete complets control and ow of or ortho tho the Ford Motor company One Ono of ot th the main purposes t ticy had In this m movement move m ve- ve ment was to o to better bettor ablo to workout work worl workout out plans and md p for the greater grantor r participation of or in th tha profits o ot of tho the company n It is stated state l that the tha new bonus plan llan and Ford Investment certificate plan are but a bl beginning ina In Ina Ina a movement toward sharing with em em- em- em plo es the prosperity of ot this remarkable remark remark- remarkable able ablo organization no now numbering moro more than persons a