Salt Lake Telegram | 1924-12-26 | Page 11 | Ritter Gives Millions in Trust to Employes

Ritter Gives Millions I in Trust to COLUMBUS COLBUS 0 O. O Dec 26 cn Bv B U U. P. P P.- P. In eight American cities cites today beneficiaries beneficiaries benefi benefi- of th th- th generosity of or William D. D wealthy th hardwood o oun lumber un man aI met Ritters Ritter's I agents 1 to hear e terms m of the tle several everal million milon dollars dollars' trust fund which h 1111 has Riven given them a as a a. Christmas Christmas Christ Christ- mas mae present I 1 One h hundred and twenty four men and womer women many of or them s of or the tle big big lumber company which bears i I flitters flitter's name are to In the trust rust I I the amount of or which only can cnn be es- es due to the fact that all stock al in 10 the tle Is ia I held heM at par The gift means distribution of I 2500 Bitter Ritter Riter shares hares the par value of which In III II Local bankers believe the ban er beleve present value however may moy be nearer S 3 0 0 It is understood stood that the shares chares I con constitute COI- COI corl- corl a gift with no provisions pro- pro visions or restrictions on tho the lent The eight regional meetings for exe execution cution ution uti on of or the tho trust trust- are to be held hel I exe-I c n New ew York Columbus Philadelphia hla vilie Bluefield W W. Va AsheS Ashe'S Ashe Ashe- i S vil ville N. N C C. and Colleton Coleton S. S C. C