| Show Oregon Paper Company Agrees to 10 Sell PORTLAND Ore March 17 UP An Ah agreement to sell ell Hawley Pulp Paper Co of ot Oregon City to Publishers Paper Co and Blyth Co was announced Tuesday Officers of Publishers Paper Co include representatives of the Los Angeles Times and the Deseret News of Salt La Lake e City and the Paper Co of Port ort ort- land Blyth Co is an Investment brokerage firm Sale price was not announced ed The statement from the office of John H H. Smith Hawley president said aid the sale was contingent on stockholders stockholders' depositing a Ha stated minimum number of shares by April 15 and also upon con summation ofa of-a loan to th the Hawley Pulp and Paper Co now under negotiation ne ne- ne ne- ne A deposit of has been een made the announcement said If the sale is completed the announcement announcement an an announcement said production of the Hawley plant will be changed over mainly to newsprint I Officers of Publishers Paper C Co were listed as Norman Chandler president and H. H W. W Bowers Bower treasurer both of the Los Angeles Times F. F W. W Leadbetter chairman chair chair I man of the board of Santa Barbara Barbara Barbara Bar Bar- bara and Portland president of of Oregon Pulp Paper A. A E. E Bowen vice president of the Deseret Deseret Deseret Des Des- eret News Salt Lake City and H. H M. M Youel secretary of Oregon Pulp Paper Portland Altho Although gh no mention of price was made Smith said the purchasers purchasers purchasers pur pur- chasers will rec receive ive much needed newsprint and the sellers will receive receive re rc re- re a fair price for their stock with any profit accruing being a capital gain |
