Salt Lake Herald-Republican | 1910-12-04 | Page 20 | New Company to Absorb the Old

NEW NEVI COMPANY TO ABSORB THE OLD West Cache Irrigation Will Be BeTaken BeTaken Taken Over by Recently Organized Concern 4 I to te The Tho He Hc Logan Dec De IOne of 01 th the most un portent deals ever made In Cache Cach vl vai whIch have ha to do with Irrl Irrigation I gation hM baa brett beM consummated within the past t few rew dB days In the of oC a company known a an the Ole OleT T company WIh h I pro proposes to what is known kown as the Wt West Cache Irrigation company The new ol is th the out outgrowth growth of nl troubles which haY hao existed in the West MIt ahe Irrigation company for tor the past two or three years Th The of er the tho board of directors haM been made mad up ot of landholders who ho just enough stock LoCk to furnish water at for tor the land or parts pArt thereof Much uCh or of the stock has hall been held by tn hi on the w west t side of JI the val Tal valley If ley as well a sa LO Logan R people and nth oth evil th the stats The band bold holders Ie made assessments n t to an average or of sixteen per percent cent t as the operation of the canal needed ed This spring an effort was waa made to have haTe the fr farmers ol of the region which tb the canal antal wat waters Into a di 11 triet under ander governmental pattern such a plan wu was rejected and then thell the began active work to r re th them of 01 nt The held here Tu Tuesday ana Wednesday da or the present week result resulted I ed In III the formation or of th the present cor capitalized at t 4 and controlled b by men who own I of nr I the 1 shares or of th the Irrigation John A Hen is hi male president E R MII Miles Jr of 01 vice president John Q Adams of Logan second vie president Loui Loal S 8 Cardon ardon or of Logan secretary and t treasurer A board of seventeen wilt will control the I 1 U of th the corporation Th These mn men are a as tollo follows J A Hendrickson E ER R It Mn Miles Jr John Joh Q A Adams It Butler BuUr William m 1 n 11 Yr W Dal Dallard Dallard lard B Y V D I J B l An Anthan than Anderson W P Fak Jacob I J Jorgenson o PAri P Merrill C A I Abram II H Smith Cb Charles C Wood Ephraim nn a and X t C CRIb RIb Rigby The nw new company Intends to expend I 10 o on for tia the canai U as soon NOn a as possible Ie These Im ha will be In hi Ut the nature of 01 cementIng or th the aide ot of the canal IN so U as to prevent Flumes b bridges and ad oth other L ed Improvements will also he be mad The Th articles of Incorporation will be I ft AId 1111 II i os A till the ha have Ye at attached I their names to tile the articles and a are The old i stock of 01 the company will vill be bought over eyer as AI f foot as the n now n Is III presented WIth It II Th The term will willbe be par with port part payment In new stock Mock and d part In bearing interest for A not nam named as yet