Show SUGAR INDUSTRY TO TOBE BE INCREASED Stockholders of Utah Company Have Annual Meeting MORE CONTRACTS MADE DIVIDEND OF 5 PER CENT ON COM COMMON MOW MON STOCK DECLARED Til stockholders of oC the tile Utah Sugar company held their annual meeting yesterday t afternoon at Uie lIe compans on in the Deseret De eret News Annex building and und the yearly ye report was iMide by the secretary The he report showed that tons of or beets had been worked which produced more than pounds of o sugar For Forthe Forth the th beets leets that had been worked during the past pa t year the report showed that the company had paid out Contract ta have already been let for forthe forthe forthe the raIsIng raisin of acres ncr of beets beet at ut Lehl Lehi as KS against for fOI lawt lUit year The company also ulso intends to lo put up a U new plant und anti install the Steffen system of handling the beets beels at a cot cost of More Contracts This Year At Garland contracts have been ben let Pt J t for the of acres of beets beebe am 55 against oo JOO for fOI last hu t year The Oregon Short Line railroad has agreed to extend its line hiIe IlIa to Malad valley alle and when it is completed a L plant will vill be he installed to handle twice the amount of or beets beetH that are arc being worked now The report also a showed that from the water system done alone nearly nearl acres of land are being heing irrigated A dividend of r 5 per cent has hs been declared on all th common lommon stock tock to tobe tobe tobe be paid in quarterly installments and the dividend on the preferred stock has already been paid paUl No directors were wre chosen hosell c for the reason that hat t those now in office p had be ben been n elected for live five years at a previous meeting |