Show c jr i ni JA r satisfactory mory hory 1 lac lae tf t 1 SOUND FINANCIAL CONDITION OF 1 t r I 1 t US th itEr lter ORVAND SHOWING al AT TIIE tile STOCK 0 ggs lbs A rive rell reil PERCENT DIVIDEND fethe lr if YEAR wear sun on an Satu Saturday saturdays 1 the ah fth dinst pm m the general enera I 1 of the toba hol hoi old oid holderson ersol derso Z OM OA O callas calias M LIas 1 I was held as per published notice in the social hall the meeting givus vvs called for the purpose of hearing the presidents report tor lor the half year and for ele eie elections elec ting tins officers and directors of the en ensuing year the following interesting facts acts and fi 4 a ter by col 1 G webber secretary and treasurer of the institution after making a few introductory remarks upon ii ou the tha condition of xii ill the institution tut iori and andeits ats business i th the i lJ president resident bated secretary and treasurer read his report toll toil to tie tite tle stockholders the genii freml an annush tt fac far report nas was lorom it tue tuu following items are gleaned notwithstanding stand ing the dullness of the times the scarcity of idoner mone moue yand the bf avas looked upon all things considered as a quite gratifying dying one the stock of merchandise carried by the institution in all its branches and departments is valued at over eighty per cent of which has bas been paid for the home made goods on hand at the stocktaking stock july alst aist which was wag the termination of the fiscal half year consisted of boots and shoes woolen goods and soap brooms etc the merchandise and cash on hand aggregated 50 per cent more than the sum total of cfall all ali other liabilities of cit the institution exclusive ef cf the capital stock and reserve 1 f und fund some was waa paid out for freight the sales fon for kr the half year yean were and the ithe total cash receipts I 1 tn in the home hom homemade mam made departments bf the institution employ employments employment is given iven to some hands who during the half year have turned out the foll soli following oiVin homemade nome home made goods boots and shoes to the value of leather to the value of and annd plotting gio sio thing to the value of the report showed he the gratifying fact thai over two thirds 0 all the boots and shoes sold by jhb institution were of 0 their own manu fackre fac tre Fo lowing is the institutions statement 0 assets asset sand and liabilities for the fiscal hal hai year vear ending july uly alst aist issa J 0 iii 4 ai hand notes receivable accounts re ceable ceabie ai wi 4 M ryd aa 4 1979 53 1 real heal estate in salt SaIt lake CitY Ogden logan soda boda springs provo warehouse and logan i n a granary granai y included 2163 machinery at shoe and irn ivr i s Cloth eloth Clot ciot tufi tuti ilig factories and andieu ijo qt iju 4 vil 15 horses IlD lid raes 2 mules 11 v wj i i 1 ni 40 tonj toni oats and tons ri hadj hayl K n j 0 provo pro 0 alanus stock i idi idl 1 I v fl A i rr r r t total evi 01 ay 01 r liabilities nih eie elj i bills pay abc abe I 1 is al W DOG 86 accounts payable t 59 68 provo ani ami manufacturing co t 1 1 and others dt hek heh for tor commo CUMMO ti f i unpaid dividends i 4 aj T temporary t deposits by 4 customers st omers I outstanding 0 orders I 1 drawn ondus ase attral W lapall stock stoc k K 24 reserves t bs U undivided ri divided profits t Gi tota 1 l f Zt after see Ade accepting epting and adopting there thare portana por port tand and thus declaring a divizie dividend nd for the half year of 5 per cent ther election of officers was proceeded with a little over two thirds ot of the stock being represented eol Fol following lowin Is therea the re suit of the election president John Taylor vice vice prest dent wm jenn jenu jennigs jenniss imp secretary and i treasurer T X G webber directors george Q cannou cannon jos smith moses alosa thatcher 11 S ef john sharp S W sears G romney ll omney althe atthe at the conclusion oi of the the nie nic eting adjourned adjourn eI f or six months i |