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Show IIMLb PAIUAVAN p.i;:c INCOME TO FUNDS Receipts From Tux Revenue1934-5Ia'ss Tux Adjustments for IMHO WAN TIMES ulliliul and Printed at Parowan, Utah each Thursday Robert D. Mitchell, Publisher A uIAU SLUE . rn Annual Financial Report 1956 TR hand July 1, General Fund Building Fund Sinking Fund in s 6i 2.953 35 5 ItEGINMNG BALANL F Sites New Buildings Additions to Buildings Equipment Etc. Improvements. Remodeling, PKtfi ASSOCIATE! Iron County School District C.i h on I. $ 18... 476. 41 DlSlil KSMENTS n:ucd as Second Class Mail Matter in the Post Office u I.trowan, Utah, October 27, 1915, under the Act of ' 'it ss of March 3, 1879. NiUiription Rates $2.50 per year in advance Advertising rates upon request IISCAL TOTAL lil t UTAH, AUGUST 30,1956 PAROWAN', ENDING JUNE 30, RECEIPTS .... TOTAL EXPENDITURES BALANCE 7133 1 $ 29,747.44 TOTAL $ TOTAL CASH ON HAND 46.84 228.809.75 3,747.44 INCOME TO FUND: From Direct Earnings Receipts from Tax Revenue 4 Add Tax Adjustnint for 19, - 303.75 40.550.31 2,953.35 55 $232,604.03 178.06 Federal Vocational Education 4,360.44 State Vocal iuna Education 26,419.31 State Uniform School Fund 88.80 Ollier State Revenue l ocal Tax Revenue for Operation it Maintainance 650.824.65 182,476.41 l.oeal Tax Revenue for Capital Outlay 40,550.31 l.oeal Tax Revenue for Interest it Redemptions 6,373.69 Other Revenue Receipts Local 35.820.78 School Lunch Receipts 19,650.61 Sale of Securities Sinking Fun 2,624.58 Mhcr Receipts $969,385.64 Total Receipts Revenue and 1 non-Keven- non-Reren- TOTAL RECEIPTS Incl. Beginning Balance DISBURSMENTS ( ; ENERAL CONTROL: $1,201,989.67 Administration Salaries Supplies and Materials Other Administrative Expenses $ 16,382.70 1,521.45 2,560.29 TOTAL GENERAL CONTROL EXPENSES INSTRUCTION: Salaries of Instructional Staff 20,464.44 425,365.77 3,144.00 9.910.74 11,731.12 14,326.03 Salaries of Clerical Assistants Books and Magazines Instructional Supplies Other Instructional Expenses 331.919.72 77,413.09 $ K TOTAL LXPLNDH t LS K ENDING ISAI.AM $109,332.81 STATUS OF SINKING FUND RECEIPTS 55. BEGINNING BAI ANTE 7 3.747.44 Cash 26,000.00 Investments 1956: $ 43,807.41 TOTAL TOTAL RECL1PTS & 5589 43 Brown, Thales C Salary, Tn vel Expense 64.54 Coal Brunson, Ernest 3483.46 Bryant, Dell V Salary 1555.17 Bryant, Leola Barkdull Salary, Cencus 539.26 Bryant, Lois Salary 4800 00 Buhanan, Hyrum Morris Salary 3958.32 Salary Burnihgham, Barbara ' 61.98 Burton's Gas and Oil 129.87 Business Systems, Inc Office Supplies 46.75 In lieu of transportation Byers, Nancy Ann 34.75 In lieu of transportation Byers, N. J. 54 69 Cadmus Books Books 133.69 California Testing Bureau Test forms 100.90 Campbell it Hall, Inc. Books 352.00 Cane, Mary Alice Salary 61.65 Carl J. Leibel, Inc. Books 93.60 Carlton, Betty Census 3923.30 Carpenter. Ada D. Salary Cedar Art Exhibit Pictures. Contribution 504.75 Cedar City Clinic Physical Examinations 142.17 Cedar City Corporation Recreation Allocation, 5909.50 Water and Sewer Service Cedar Frozen Foods School lunch supplies 1626.76 Cedar Glass Co. Glass and putty 641.04 Cedar High Home Ec. Dept. Contingency fund . 729.58 Cedar Jr. High School Contingency fund 357.91 Cedar Laundry it Cleaners Laundry Service 161.10 """edar Home Furnishings 30.20 . Equipment, Repairs Cedar Lumber it Hardware Maintenance Supplies 1116.48 Cedar Real Estate Co. Purchase of Property 6800.00 265.35 Cedar School it Office Supply Supplies 4623.36 Chamberlain, Hans La Veil-Sa-lary 28.74 Chas. A. Bennetth Co. Inc. Books 6175.00 Chatterly, Clifton L. Salary Travel Expense BEGINNING BALANCE $ 73,554.83 DISBl'RSM ENTS . . Chatterly, Lillian Salary Christiansen, T..J. Audit for Fiscal Year Clark, Wilford Salary. Clove, George A. In lieu of transportation College of Southern Utah Fieldhouse $ 58,933.14 Conesco Contractor Equipment Co. Scaffolding . TOTAL EXPENDITl'RLS Continental Bank it Trust Co. Bond Interest . . BALANCE 7 1 56: Continental Oil Co. Gas it Oil $ 8.621.71 Cash Dona B. Salary 6,000.00 Cooley, Investments Cooley, Frank L. Adult Education Instruction . . . Corry Insurance Agency Insurance $ 14,621.71 TOTAL Corry, Iris Salary, Travel Expense Elmer Salary,. Travel Expense Cox, $ 73.554.85 TOTAL EXPENDITURES & END BALANCE Crawford, Daniel it Sarah Purchase of home it lot Creative Playthings Inc. Freight OUTSTANDING BONDS PAYABLE Maturity Date Int. Rate Outstanding Croft, Mary Jane Urie Salary lssue 2'zG $15,000.00 Croft it Ottley Floor Co. Seal Bldg. Bond Dailey, Howard N. Salary, Travel Expense Continental National Bank, Salt Bake City, Utah LaRue Salary Dailey, $105,000.00 (serial) 2UO Bldg. Bond Max Dailey, Sargent Salary, Travel Expense.... Utah Lake City, Walker Bank and Trust Co., Salt Dalton, Emma B. Salary ... 55.000.00 3,583.75 349.39 Redemption of Bonds Interest on Bonds Loss from Sale of Securities . . 11-1-- 11-1-- -- INVESTMENTS Int. Rate Amount FUND SINKING Davis Davis, Davis, Davis, Bd. of Ed. Lunch Room Supplies 3623.30 350.00 4950.00 55.25 105.00 360.00 390.00 441.47 4323.32 120.00 4779.14 1431.50 5695.48 10,000.00 31.67 919.97 33.68 5580.50 50.00 5631.55 3873.36 2890.95 1752.98 3025.00 25.00 53.10 800.89 590.00 36.00 630.00 40.25 39.50 52.45 797.61 850.20 30.00 Dear Ed. In as much as the Board of Directors of Southern Utah Dairy Company refuse to call a membership meeting, we feel it is to the best interest of the members that tho following facts and opinions be made known. On Monday, August 13, 1956, a letter was sent registered mail to the president of the Board of Directors asking him to call a meeting of stockholders. It does not seem necessary to comment on this letter. This was their opportunity to act in good faith and bring everything out in the open, thereby giving the members a chance to learn the truth about the rumors that have been spread about town. Their decision to disregard this request would seem to indicate bad faith on their part. On Monday, August 6, before the membership meeting the board decided to terminate our services. To us this seems to show premeditation in not respecting the interest and wishes of the members. Within 48 hours after the members voted 48 to 5 to continue our services and complete the reorganizational program, the Board held a secret meeting and again decided to terminate our services! temporarily, however, the next morning when they informed me of their decision, two of the three directors present apparently decided on the spur of the moment to make it a permanent termination. They further refused to abide by our working agree Inent paragraph 11 which reads as follows: Investment The client may terminate 2'4rf $ 6.000.00 U. S. Treasury Notes the services of the George FIELDHOUSE BOND INVESTMENTS S. May Company Business 464,477.66 TOTAL INSTRUCTIONAL EXPENSE Int. Rate Maturity Amount Investment Music Co. Music Staff at any time Daynes Engineering 3G . .Serially to AUXILIARY SERVICES: Utah State Agri. College $4,500.00 Decker, Bruce Ivan Salary of such intent declaration by 3,084.34 BAC Fieldhouse Bond Health Service Decker, LaReta Salary made to the supervising En18,470.04 Student Transportation Costs Delvecchio, Della Chloe In lieu of transportation FUND INVESTMENTS gineer when he is on the 34,128.21 School Lunch Services Allen In lieu of transportation Rate clients Int. Demille, Matuiitj Amount premises, at the same 1,647.15 Community Service Helen In lieu of transportation time Demille, the supervis. 2 ft presenting $1,000.00 Co. Health Charts Denoyer-Gepphewith a check ing Engineer 57,329.74 TOTAL AUXILIARY SERVICES WHOM AND FOR WHAT Denver Fire Clay Co. Supplies, Equipment, Freight for all fees due up to the Book Co. Equipment, Books, Filmstrip . . Deseret ODER ATI ON OF SCHOOL PLANTS: time of termination. 185.52 $ Salary, Travel Exnse. Deseret News Desk and Chairs 29,872.70 Abbott, Samuel Salaries of Custodians The working agreement was 5611.91 Travel Expense. ... Salary 116871 Dix, Fae Salary, Travel Expenses Custodian Supplies 6,239.35 Abplanalp. Thomas bv four mpmbrs of the signed Books 153.45 Dix Tire Shop Tire Recaps 7,267.82 A. C. McMlurge & Co. Fuel and Heat the fifth board memboard, Books 42 17 Dixie Leavitt Agency Boikr Insurance.... 9,065.28 A. C. Vroman Inc Other Utilities ber hine awn'- - on vacation. & Co. Dixon 4455.61 702.95 W and Other Operation Expenses 5??2?2 Salary Supplies Equipment Adams, Claude (Continued to page 3) 249 9G Salary Doubleday & Co.. Inc. Books Adams, Clemont Bauer ' 70.9 Co. Dramatic Books TOTAL COST OF OPERATION OF PLANTS 53,148.10 Adams, Marie Publishing Salary , 63.70 .. Salary Dry Chemical Pacific Supplies Maxine Berry Adams, MAINTENANCE OF PLANTS: a02J.au Duro Test Corp Electric Lamps 105.55 Matheson Salary Norman Adams, Salaries of Custodians 7,778.23 E. M. Hale it Co. Books 122.61 B Salary 5,094.16 Adams, Wallace Supplies and Maintenance Services 15b.U5 274.70 . . East Elementary School Contingency Fund Co. Supplies Addresso-GrapMultigraph 390 47.57 Edmonds, Dr. P. K. Physical Examinations Charts, Maps TOTAL COST OF MAINTENANCE OF PLANTS 12,872.39 A. J. Nystrom Co 74.64 Audio Visual Records Inc .. 28.3f Sducal'onal Kit Electric Allied Radio Corp I orrainc Salary 2.25 66.69 kstrem FIXED CHARGES: American Book Co. Books, & Albums 35.48 Ence, Sh'rlev Ann Salary 1306.75 Art Supplies School Employees Employment System $ 16,088.43 American Handicraft Co. 34.40 Chairs. Watse Fndsley, H. M. Supplies it Equipment Social Security 10,519.56 American Paper Supply Co. 286.70 Englcstead, Pay Glnn Salary 4073.39 Baskets, Paper Insurance 6,929.47 28.93 201.36 Equimpent Supply Co. 'Casters 12,675.94 American School Supply Collecting & Assessing Taxes Equipment 184 96 Valiev Co. Services Electrical Escalante Electric 3089.20 5.00 Other Fixed Charges Salary Anderson, Bath Marie . 592.00 3300.00 Esplin, Leah Crofts-Sala- ry Glen Dale Salary ... Anderson, 3723.26 Evans. Bernell 42.00 TOTAL FIXED CHARGES Study at the largest $ 46,218.40 Salary In liew of transportation Anderson, James 39.75 In of Deward lieu 3399.96 Evans, transportation Salary university in the Mountain Anderson, James II NSE FOR SUMMER SCHOOL ACTIVITIES: 830.00 35.00 Evans, Harold B. Salary .. of In liew transpoitation t West where you learn how aries $ 6,702.45 Anderson, Margurite 30.00 3659.27 Evans, Helen Maxine Salary Salary 585.05 Anderson, Rayma Surj1.,;es and Other Expenses of 47.25 In lieu JoAnn vans. 135.00 to live as well cs hew to transportation Painting & Cleaning . Applegate, Blaine 399.00 74.32 Evans, Melba Salary Cencus Corrine Cleaning, make a living. $ TOTAL SUMMER SCHOOL EXPENSE 7,287.50 Applegate, 3713.30 121.84 F Compton & Co. Encyclopedias Salary Applegate, Don 4322.78 F. G. Burton Co Chalkboard it Supplies 327.95 FX1 FNSE. ADULT EDUCATION PROGRAM 930.00 Asay, $ Salary 3874.03 F. George Webb Sales Co. Recorded 196.95 Lunch Stores Food Associated Supplies CAPITAL OUTLAY EXPENSES: 41.42 Luncheon 102.00 Board East Cafe Far Flagpole-Painting $ 33,513.16 Atkin, Jack Sites and Buildings 4 2.28 2770.80 Field Enterprises Inc. Encyclopedias & Annuals & Supplies Co Atkin Repairs Plumbing New Buildings 10,455.52 40.52 101.57 Follett Publishing Co. Books Audio Nailer Co MERCHANT Additions to Buildings 268,873.25 Audio Equipment 08 ? 99.48 Claudia Service and Bus Parts Salary Joseph Parts Auto torsyth, ARTIST 7,056.77 Improvement & Remodeling of Buildings 5950.00 258.83 Inc rame, Vdrgie M. Salary Diplomas Furniture & Equipment 23,419.31 Autrey Bros. BANKER Co. 122.50 Gaso Bank of Iron County Depoists & Transfer of Funds 86.47758 Frontier Refining DOCTOR 218.50 Books Education Adult for of Fund it Funds, Study Pamphlets TOTAL CAPITAL OUTLAY EXPENDITURES $313 318.01 Bank of Southern Utah, Trans, 126.00 G. D. Richardson Mfg. Co. Mat Cover NURSE .216,173.58 Tax Ant. .Fund Loan 3350.00 DEBT SERVICE EXPENSES: 2653.62 Gaddie, Barbara Gayle Salary AIRMAN Salary Barton, Wm. Penn Jr M. & Co. Books 203.85 Charles RETIREMENT OF BONDS 77.73 55,000.00 Barton, Melva Gardner, Salary TEACHER 4713.63 710.42 Bates, Betty Jane Interest on Short Term Loans 265.00 Gardner, L. Robert Architect Fee Salary FARMER 3491.70 Interest on Bonds 3,583.75 Batt, N.s 593.13 Garfield, Glen Charles Salary Salary Inc. WRITER Bros. 376.83 Total Debt Service Expense 59,291.17 Bauer, Aik n Earnest 3623.30 Gaylord Library Supplies Salary Co. America Bus Boiler of Ins. 1170.69 it General 575.00 SECRETARY Casualty T. Salary Baurr, Mary 339.65 The TOTAL FUND EXPENDITURES Gilberts, 4523.30 $1,065,340.41 Bauer, Virginia SubscripVms Magazine Salary ENGINEER 610.00 3723.36 Gillis, Richard E. Salary Salary Bauer, Washington LcVand Cash Balance on Hand June 30,1956: DIPLOMAT 108.84 o. Books 182.00 Ginn & E. Salary, Travel Expense $ 51.614.46 Bayles, Herman DENTIST Operating Fund Co. Tickets Calif. 64.15 of Lunch Glohe 26.00 Ticket Eob Salary 76,413.09 Beatty, Building Fund 10.00 MUSICIAN 3900.00 Graff, Gaylord Jenson Salary LaMond Salary Fielding Beatty, Fund 8,621.71 Sinking 4800.00 ba-r- y 3255.96 Marvin F. Graff, Salary Henry ACCOUNTANT Rudgar TOTAL BALANCE ON HAND G3056 $13G. 649.26 Beatty, 41.54 .237.91 Grand Centeral Artists Materials Inc. Supplies Co. Beckley-CardEquipnu MANAGER Y. Int. it Refunding Bonds 400.00 N. Co. of . .34.20 Trust Co. Music Beesi y Guaranty ivmpau: TOTAL PAYMENTS, INCL. BAL. 63056 $1,201,989.67 HOMEMAKET 406.01 1600.00 Gulliford, Vivian LaRae Salary Behunin, Vera N. Siary ACTOR 1600.00 . .43.00 ASSETS In lieu of transpona Hall, Ferren J. Property Eenson, Calvin 275.00' C 723.36 S i ary $ 136,649.26 Benson, Chester L:van PSYCHOLOGIST Cash Hall, Phyllis Salary 60.00 4 2" 00 Halverson, Maude Salary 3,088,062.12 Salary Sites and Buildings Benson, Fae Nek on SOCIOLOGIST 1833.33 142 Cl Halverson, Roy L. Salary 36,896.36 Benson, Clara Laundry S r,iej Library and Text Books LIBRARIAN T 5125.89 1050.00 54.359.60 Busses and Trucks Salary milton, John S. Bus garage Benson, Gathi L. SCIENTIST 3890.00 1411.00 B. L. Tansm. Raynold Furniture and Equipment 196,542.55 Benson, James Salary 27.97 43.7C lieu of arcourt. Brace it Co. Books 6,000.00 Benson, Hamilton Sinking Fund Investments 31.17 ; 42.5' lieu of transport.!: 25,493.50 Benson, Pamela Garages larper & Brothers Books If 4800.00 50.00 General Fund Securities 4,547.85 3rrson, Rchard Kenne Amos Salary Chster Salary latch, 43.5C of 4.00 In lieu Benson, York transport. Sundry Other Assets (Supply Inventories , iach, Edna Salary You Mack-lpnn- g 31.26 accounts receivable, etc.. 16.033.73 Bentley, Vallie D. 270. or, ioato i. Norc-nSalary Salary 5895.06 ielland Eug no Afrcd 3 ary it Travel Expense 4844.85 Bethcrs, Pratt M. Salary, Travel 4323.36 TOTAL ASSETS $3, 5G1, 584.97 Bioscope Mfg. Co. lendrickson. Jean II. Salary 459.99 Bioscope.-Plan NOW to Enroll 32.00 0C Whitehouse Confcrnce of transports In lieu Jim 40. Johnnie Black, leywood. LIABILITIES 3540.00 and Brown 600.00 Bigbee. Vilate Tolmin Salary Drawings & Speed Freshmen Ponds Outstanding 120,000.00 Blor;iuist $ Sept. 20 244.70 Co. Supplies Co. Books Billiard Sales 56.36 .. Bo, Accounts Payable 12.375.00 4580.00 Kilns Bonn & Fcvles Multi-UnRegistration....Sept, 24-2- 5 34.15 Ilirschi, Vera Salary Supn!. Excess of Assets Over Liabilities 3,432,209.97 Boise Blue Print Co. Supplies and .. 29.71 Ininas Sheet Metal Works Vcntelator System .. . 100.80 For Information Write 341.60 Matti II. Salarv 90.00 Booth, . folyoak, Arlo In lieu of Transportation TOTAL LIABILITIES $ 3,564,584.97 Purchase of Prop.it78.00 Bowen, Ivan Co. 1821.25 Boiyoak, Paul In lieu of transportation Public Relations STATUS OF BUILDING FUND 52 80 . Bracken. Neal Salary 990.00 Boiyoak, Robert In lieu of Transportation 127.33 Bradshaw Home & Auto Supply 164.71 lome Builders Supply Co. Maintenance Supplies Equipment RECEIPTS l Alice Todd 3500.00 Antone W. Payment on Lot 2205.00 Braithwaite, Icpdns, ERIGHAH YOUNG BEGINNING BALANCE 7155 C. Kenneth Payment on Lot 3500.00 n John Braithwaite, 35.12 Royden .. Exp. lopkins, Cash $ 228,809.75 Co. 324.01 208.74 UNIVERSITY Chemistry Su, loughton Mifflin Co. Books I vstments 1,000.00 Brown, Carol Rae 27.65 Linda Gae In lieu of Transportation 3300.00 Bulet, Salary PROVO UTAH ona H. Salarv Brown, 53393. 37.00.00 Hulet, Oscar J. Salary it Travel Expense TOTAL $ 229,809.75 Brown, Rayora Corine Salarv 3112.20 (Continued on page three) Maturity Leonard Salary Myrtle EvansSalary Vera Platt Salary Days Garage Bus Services . rt . . . . h .... li TV-lm- Your Education Gefr the . Y's Way . rx: . . . .... . . Le-Noi- . . is Your Gaul . . . . . li-t- ? en W-oc- . . 1 y trav-po-I- It's Youi's Prcpc:e E:-:p- . , it . I),-- . . . Salary-Trave- i " |