Salt Lake Telegram | 1922-06-10 | Page 5 | Big Feed Mill May be Able to Operate

BIG FEED MILL MAY BE ABLE TO OPERATE I'KI.TA. June 1ft. The creditors of Ih Nations) Keed mills met yi-sterday after-iifH-jn at Mercer hall with IKoy Mills, receiver of the coriiorat'.ofi, with a view to i vising plana for the lloildiitlon of nl.ltguMona lo such an extent lhat the mill might commence operations ut an earlv date The creditors arured the reccivr that they would mska auhat.m-i-nnceasion ahould ha arranre mat-te--a ao that t!ia mid might be pi u ted on l it ni fe operating ha sis. I Tha National Keed milts of IN-Ita was orKiinir.t'd mora than two years ago with an auihoriu'd capital of ?r..noft and the mill na errcta.l dutinq tha latter part , of 1" and waa e.,u!ii;ed with machinery , Ktiltalda for prod-.n Ir.g tlfalfa meal. Hut after in m il was completed the com - pni-y did not have aiifflrlent cash to put it In operation and the tlghtenlna of the money market made It littpoaalble to s'cnre the necessary loans. Aa a reault the Isrse. we'l equipped ptnnl which coat sliout -.0i.i), has not turned a wheel, although there hue been t all times van: quantities of alfulfa hy n the community whlrh the farmers a ere anxious to Vavs Itito men) for eedlng purpose,. The comiany changed llrectors several tlmea with a view of tatting beneficial actlnn, but without tx tlsfactor-. results and early this year, ifter several suits hsd been filed asalnst ihe companv. a receiver was sUed In or-d--r that the property might he ssved. M- Hills "lata,! that he felt eure thst he wnuil aoon have lh flnsnres in su-h shape as to make It posslbls for It to b put into oparstlon.