Show DIRECTORS ANNUAL MEETING Many Important Changes to bo be Made Mado in n tho the Building TO BE DE MADE lADE A MODEL STOnE The lIae 11 Occupied by b Shoe hoC nna Clothing to 10 IMI be bl Hulled Stories At today tony time tho an annual nual stockholder meeting of or Z 7 C M MI t tI I 1 convened at lt time the th Institution ollice President lr Snow presided Tho Time Presidents dents report was toad read by the tIme secretary from frol which the tle following Item iten are arc ar gleaned In sonic somo of or the tho wholesale de do departments It was found that Ulal taking nn on of or Block on oil tho the last day of ot January was Inconvenient and there ther therefore fore tore a change chane was wan W made and 01 stock watt was WR taken on the time of ot December At time the thelast last meeting of ot time the board hoard of or directors the time bylaws specifying the time commence commencement commencement ment and anti termination of ot the fiscal year was wait changed to conform to the tho above abOc no 1311 I the actual showing of the thc Institution this time U is I for tor 11 1 months The rime miles In time the homo department for tor the time 11 1 months ending December were ere more moro than titan for tor tho time period of o last year ear anti and collections have been good god With each recurring stocktaking tho the necessity of oC changes chauges antI and alterations In iii Inthe the tho store U is more anti and more mor apparent It I Is almost 25 years ears since tho the store moro was mas WIS built buil anti and no nu material immaterial changes have been made consequently the time interior Is IH ruth rath rather ra th er or out of date dale much worn wor amid the tiie business has eo fO grown hat it I seems ft a I necessity that every cery inch Ilch of ot space I bo be b utilized to time the host best advantage I tage loge The Time interior linings should bo be 10 HO 10 o arranged an ns to ave avo labor and anti At a the same name time It should offer to the time friends antI patrons of ot tho the store Atoro a 1 more macro attract attractive lie ive 10 place to lo do their business In Tho Thu 10 dIrectors have hAe therefore determined to make mako some changes chunges anti and raton thus this spring and summer lime front windows will wl be enlarged anti and lowered and the Interior of ot time the grocery grocers and amid hard hardware hardware ware department will wi be he refitted with wih modern hardwood fittings so fO as to tomake make this portion of at the store up to date Next year ear It U Is I contemplated to take out the thc front of ot the clothing and shoe departments replacing It with Iron and time the structure will vIll wi be him run Up til lp three to correspond with the building anti this thin portion porton when completed will wi In all al probability he be titled fitted up as ni a n modern retail dry 01 goods store The rime room roo I now nol occupied by the retail dry dr goods and glass s and amid will 1 probably be fitted ted up as ns a clothing and nd shoe phoe department and und we gather from tom tilt th tenor of the report rf rt that molly matir changes change will wi b bt mide In the Interior to so o that when complete the thu store will wil be one of ot time the handsomest In the UJ city clr Time Tho manufacturing departments of ot the time Institution have imae had a IL successful year Tin The II slice shop department turned out omit Olt upwards of ot pairs naIls of ot boots and amid shoes Iho l and the th clothing factory 1400 dozen garments garment Time The preside at referred to 10 tho the changes chan el and made mal In Iii time the Ogden Olden branch The show simom sho windows there have hae been brought to tho time front and lowered and Ind a very cry elegant addition has hn been een made mad on oct the time west est st side Ride anti and ant tilted fitted up tip U as asa O asa a n grocery tr and amid hardware department The Time sales for the 11 have been heen There has imas been paid to rail railroad ri road roat and nw companies during the thc 11 ii I months Profits ro tl made dur lag ing In the time 11 1 months have been sufficient lur nt to 10 set Iet aside nirio 1 11 a n tumid fund to pay nn an S per cent ent dividend upon the capital stock for or time tho tl coming coining year and good sized sums sumac have been set aside for tor the various Im to Ii be made lal lalI It I seems to be the tue policy of ot the time tulon to earn not only HE its Is dividends In advance but to provide for tor the time changes Improvements and Ind additions nd to time the store tore In the same manner Of Or course tills this Is 18 eminently the sate safe way n COlle to do business At the time close Ilo e of ot the presidents report the Iho anti and nn directors for or the time com ing In year were ivere elected cele as its lS follows President Lorenzo Lorenz Snow Vice president George Q Cannon Secretary T 0 n 1 Webber Treasurer A W t Carlson on Directors Joseph F Smith Hebor Heber J Grant leo Geo John II It I Winder H n P 1 1 T John JoInt R H Barnes John Henry Smith Francis SI M Lyman Anthon H 11 Lund Iund William H hi Mcintyre WIlam hive Five I ho thousand two to hundred thir shares of ot stock stork were vere represent ed any out of the time total of at 1077 In the time corn com ear |