Show hie file credit system astern is partly to 10 blame tile the small dividend declai cd by the ashley operative cooperative co alei Mei mercantile cantile association last week is largely duo to the credit system according acco iding to the direct directors ois the III bectol a of the institution at their meeting dec declaimed declai ed a dividend of eight per cent for the past year i at the stockholders eis meeting of the old board of dhert ors was ie ic elected as follows president b it bennion Benn lon 1 vice lee president geo D merkley I 1 and treasurer harden bennion these there three with the following are the directors nelson meckley Me ikley knos eno Be bennion nillon coia johnson chaales S baiter jr I 1 J L haes aho ho for three deais has been the maifa gei of the coop co op offered his lesigna I 1 tion at the directors meeting and it was inas accepted mi I 1 hayes had expected to remain in the store until the first of next month but a telegram rain called him to salt lake wednesday morning he has accepted a position as ing bales salesman nian for the richaad aon on Dry goods company of st joseph missouri his 1119 head quartets teis will be in salt lake from where lie he will cover territory embracing embi acing utah idalio naiada Ne adl and southern calif 01 nia for eighteen deais beals mr hayes held a similar position with wheeler motter of st joseph when asked u hy he had bad resigned his post tion feitli A ith the coop co op mi hayes I 1 stated it was N as pai jaitly tl y on account ol 01 his cifes health and partly because he wanted better educational facilities for his hie chialdi 11 mrs hayes and the chil children dien will demain in venial for weeks W S ashton has been selected by the directors to fill the position of manager in the coop co op mr ashton has been with nith this institution for more than 25 deais long on before the present building was erected lie ile has ham held responsible positions and more than once lias has the management been offered him but each time he declined he is a solid conse nathe business man and is held lu in high esteem in the and by all the ena ploy aloyis s in the stole ellla ellis meckley kley will have chai craige ge of the office work and be credit managed mana inana gei |