Show Town TV Marks Year of Growth with First Dividend I Town Television President G G. G U. U Foote announced Wednesday that the local corporation had capped a success successful Cui and expansive expansive expansive sive year by declaring a five per cent dividend to stockholders ers and was moving ahead on plans for far increased and improved I ed service to Moab The dividend payment issued j i December 1 came after Just one I year of operation of the corn com l locally owned corpora corpora J com J I Lion tion The f ff st y year ar also WE ix A marked expansion in the television television tele tee I vision facilities including the construction of a 75 mile microwave microwave micro micro- wave system in cooperation with Midland Telephone Company Company Com Corn i pany at mid year i Television service is provided to connections In the valley valley valley val val- ley as of Dec 1 1 By comparison only connections existed on onDee Dee Dec 1 I 1939 1959 for a net Increase of connections Mr Foote said that connections had been made during the year but indicative of our fluid population population population tion nearly one of three left during th Hid j same s year The major facility In the bringing of the television signal I to Moab Is the transmitter and I equipment at Cedar Cedars I Mountain in Emery county A I power plant at the base of the foot Coot plateau provides the power for the transmitted which in turn waves micro-waves the the signal to the receiving station on the sand flats east of this this' I city The compact operation is reached by a road distance of miles from Moab I L The wava wave micro system loitI loit- loit Jl I v t id d. d. d In June Will wm see further farther Improvement according to Mr Foote An exten extension lon to the Wasatch Wasatch Wasatch Wa- Wa satch mountains closer to the Salt Lake City signal source is planned Manned with the expectation of loss less interference and improved picture quality Also under consideration are plans for Cor a channel expansion that would provide local programming pro pro- gramming on c channel anre sl six and the inclusion oi oj 1 the he educational channel provided by the University University University Uni Uni- of If Utah channel 7 The latter is viewed as a real contribution contribution con con- to the cultural and educational of the com com- Within the valley lUcy a I number of liars are to be rerouted rerouted rerouted re re- re- re routed or nr hj ped ed An extension exten ilon slon of I t ervice e Is now underway underway un un- derway to the Uie county am arH contiguous contiguous con con- to II c c. fist st Moab l During the past month Town Television has expanded the corporation corporation corporation cor cor- into mining activity under under under un un- der the management of II D D. Lile Mr 11 Foote announced The operation now employs four Cour people full time Stock is held by fourteen persons Town Television acquired the television television ion facilities in January of 1959 from Moab Broadcasting and Television Corp and previous to the forming of a corporation was a n partnership of G G. U U. U Foote and Glenn Lile We Corporation officers Include I President rind nd board chairman G G. G U U. Foote vice president and general manager of the TV operation operation op Ope Glenn Lile general manager of local broadcast Richard Ri chard S. S McDonald general manager jf Town Mining boning H. H D D. Lile Ule W V T. T Hines end Attorney Harry E. E Snow Directors for Town TV are Glen M. M Carlson J J. W VV Corbin E E. E E. Drake H. H B. B Evans Robert Mohler and Edd E E. I |