Salt Lake Tribune | 1918-12-12 | Page 16 | J. A. Hogle Resigns Place on Board

J. A. HOGLE RESIGNS PLACE ON BOARD - ,1. A. Hogle of the firm of J. A. llosle Co., stock brokers, yesterday tendered his resignation as a member of the sov-erntnff sov-erntnff board of the Salt Uike Stock and JWinlnff exchange. The action was taken i ' 1'ollowln a rullmv of the board of governors gov-ernors which upheld the regularity of the sale Mondav morn Ins of lOu shares of Walker Mmintr stock at a price of ? per share. The regularity of the transaction was protested, the contention beinK that both before and Immediately a fter the transaction the stock was offered under this figure. It is understood that the vote in favor of sustaining tlie regularity of the sale was 4 in favor and Z against. Mr, Hoglc said yesterday that he felt he could not lonper serve on the board . of governors and thus be a party to what ' he regarded as an unfair action, but, 4 aside from this, preferred not to discuss I the matter.