Deseret Evening News | 1910-04-02 | Page 1 | Sugar Board Meets

SUGAR BOARD BOAD MEETS la of or Common to In SIVI Per Share Shil The board bd of directors of ot the th Utah Idaho Sugar company held ell a I meeting this morning at lt which h the reports of a the put poet yearn yeara yer operations operation were read re I preliminary to the annual ellal meeting meting ot of if the th stockholder which occurs r In this city elt on the tike It I wits WR the tho first frt meet meetIng me Ing log of the board br since the death of oC President John It n Winder Vinder Indr who had h acted as chairman of ot the executive committee of f the lh company for fur a number of ot years eIMl past pt and nd a committee was wo appointed to t draft suitable resolutIons resolution of respect to his hi memory and Ind to for tor forward forward ward war a ropy copy to his hI family f 0 I The board also all took tok definite action adlon on the matter of retiring the Hf common stork stock of ot the company and issuing pre pie preferred re reterre erred terre stock tok In It Its steed ted The Tb Th previous action of ot the board wa was reconsidered rendel and nd after ter a 1 1 full 1111 discussion It was wa de decided decided clde that the fh he rate at which the corn com common cm cornmon mon stock stok should hould be retired should houll be beon beon on 01 a I basis bash le of ot IM 1 per share Iare bat for the common Instead of ot 4 payable In the th preferred the change to 10 be b made Immediately mi on Ol delivery of the time Indorsed common stock to certificates properly