Utah Enquirer | 1890-12-02 | Page 4 | Remarkably Successful

remarkably the advertisement of the provo city lumber company appears in our issue to day this company organized only about eight months ago and as has previously stated by the has done a surprisingly good business it started with a nominal capital of 15 of which only about sixty per cent has been paid by the shareholders share holders on that small amount of capital the company lias earned nearly seventy per cent it is proposed in a couple of months to increase the capital stock to for the purpose of enlarging enlar ginn the companas comp anys capacity and facilities for a more extended business and we learn that shortly a dividend of 33 per cent on six months business will be declared ami paid to the shareholders share holders the directors are all practical business men who have the utmost im dence and economy in the direction of the companas comp anys affairs toe superintendent mr HH bealis Be anis entitled to a large share of credit for the success of the business he is a man of extended and practical experience thoroughly acquainted with the requirements quire ments of tho lumber and building trade and the company are to be congratulated on their good fortune in having their interests so ably managed