| Show A NEW TURN IN i IDAHO SUGAR GO CO COA A Salt Lako lake Capitalists Will bo be In 1 forested Mil MIt MAY MANAGE IT Ill or of the Hie heal Dealt Awl Await WI It or of support The Tile projected Idaho Sugar a company I Orated by Mr r Soren Hansen of ot Utah U Inh the formal notice of at which appeared In ln thin tho Christmas t i took a I now new turn lurn by developments de which arose m lit In this city yesterday Mr Mv Hansen HansIll has hns been In Salt ni Lake several days endeavoring to Interest Utah capitalists In Jut his enterprise his first proposition was taR made to t he be Utah Sugar company with whom lu III hold sev ev elal cia That company at length decided that It could not entertain any plan to go Into the tho Idaho field not that It doubted the merits of oC Mr lOan Han sonn senn proposition but that Us HI it entire stuck stock was Issued lauell anti and It did not nol d deem eom om It 1 advisable to go Into debt to acquire stock In III a 0 new sugar company In Idaho Mr III hansen thereupon made noade Ills his pro proposition propositiOn position to various stockholders of tho tile company Individually lIe Ho Inter Intel Mr II T It n Cutler Cull r and several other gentlemen of ot largo large means who were with the chances that for fur a plant phallI In Idaho to be located some somewhere where whelo near An extended meeting held yesterday and at IU Its It conclusion both Mr anI Mr lr Cutler stated that the tile had hM nil been en arranged and tho tue ot anI l question that now remained open opell for or was as ns to the support tin this th enterprise would on tho Idaho end If everything ev went welt favorably as on R the tile gentlemen anticipated It would tho the company would be he pushed to Immedi Immediate ate organization The Tho papers t are re now no In lit the hands of Atty Atti At W who will draw up the tho articles of oC ration The Th plan Is to capitalize for anti and to Issue at once nt itt per ric In shares hares Mr Ir Cutlers asso asno associates dates In the tho east eust who are also ulso In iii Interested In the Utah Sugar company and tire the Amalgamated An Sugar Suar company will for the total Pits remaining ItJI halt half will be taken by b Lake Lako people and ond by hy Mr hansen and his hla friends The fhe headquarters will wll 1111 bt In l Salt Suit Lake and the personnel of ot the tho hoard board and officers will be bo made up largely of the tho same sonic gentlemen as those who comprise the of o the Utah Sugar company the majority residing here It Is s that Mr Cutler will be the general manager r Every Everything ery thing th ng will b be 00 held In itt ahoy abey abeyance aile ance aliCe pending lIe the report of ot Mr Cutler who wiio to Idaho tonight and am the th he completion of several local details which are ore In n the hands of ot Idaho peo Ie |
