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Show The Payson Chronicle, Payson, Utah Private ownership of THURSDAY, JULY 20, 1961 z X transmission line is best " Uth Power & Light advertisement should help clarify some false notions public and private ownership. The utilitys ad pointed out that 18,039 shareholders from own that all walks of life company. Ninety per cent of then are individuals. Half of these individuals (49 per cent to be exact) live in the states the company serves, and 41 per cent of the total share-- ; holders live in Utah, In a word, private ownership of property or industry is true public ownership becouse it means ownership by indi- - CT A recent viduals. The ad also explained that anyone rray become a by buying shares in the company on an open market. And it said if you dont own a stock certificate, chances are that you dont have an interest in investor-owne- d companies because stock owned by insurance companies and pension funds which invest in utility securities. Now, whats so public about public power? Electricty form federal power systems goes to relatively few preference customers at subsidized rates often below cost of production with losses customers of federal systems pay, little or no taxes on elecInternet. Quarter tricity to help support federal, state or local governments. Horse By constrast, tax payments of Utah Power and Light Co. old Derby in Elko in 1960 amounted to 20.6 cents The Intermountain Quarter of each dollar of revenue. Utah Horse Association has schedul- alone, received over $3 million ed its annual Derby for 3 year in taxes from that utility last old Quarter Horses for the year for support of schools and Pony Express Race meet in Ely local government. Nevada, during the last twO It is hard to see how any weeks of August. one can fail to beware that is the ownership The fine facilities of the private track with 440 yard straight foundation of free enterprise away and Parimutuel windows and has brought incalculable have been chosen for the third benefits o he nation. time in four years of running for this annual Derby because the fine horses and large JOIN THE PAYROLL crowds always in attendance add to the interest and color of this important race. SAVINGS PLAN Trials are to be run August 19th and 20th with the Finals to be run August 27th, with WHERE YOU WORK a purse of $800.00 added guarantee. U. S. SAVINGS BONDS Maye your plans now to attend the best Little Track- - NOW EARN 3A INTEREST in the West. Co. S PRACTICE WITH A CHAMP . . . Hayes Jones, left, third-plac- e finisher in the Rome Olympic, works out with hurdlers Ty Yoight and Darrell Amlin. Jones is track coach at a Detroit high school this year. share-noUe- v fi , LI xzJ IN PAYSON A Contest About Your Neighbors THIS WEEK'S PRIZE MONEY - 20.00 ar COLD WAR TACTICS . . . Two members of Russias North-1- 3 expedition measure thickness of the ice in the central Arctic, part of their scientific observations. as Values Galore! HERE AT KODAK Cameraland HERE ARE THE RULES THIS IS A FAMILY FUN CONTEST. NOTHING TO BUY. USE ANY SLIP OF PAPER FOR AN ENTRY BLANK. NOT NECESSARY TO BE PRESENT TO WIN. NOT NECESSARY TO BE A SUBSCRIBER THIS PAPER. Guess Who may be anyone in the Payson area. Clues for his or her identity may be hidden in any ad in this section. When a dot appears in an ad in this section, it means there is additional advertising for that merchant elsewhere in this newspaper, clues may also be placed in that ad. Clues will be scattered. To enter, study the ads, find all the clues you can. Then write down who you think this week's Guess Who is and the clues you found. Be sure to put down your name, address and phone number. ' Then take yor entries and deposit them in the boxes located at the featured merchants places of business. There will be FOUR featured merchants each week. These will be indicated by the heavy border around their ads at the top of this seettion. Each membr of the family may enter once at each of these featured places of business. Thus, you may enter four times and doing so will improve your chances of winning. This contest starts when you receive this issue and closes 10 A.M. the following Monday. At that time a SijmMWs camera outfit Electric-ey- e . . Family participation gives you a better chance to win Your wife, husband or some bright-eye- d youngster may spot a clue that you miss. Children must be 10 years of age to enter contest. Each weekly winner in the costest will be ineligible to enter the contest in the succeeding weeks. This is a family fun contest! One entry per person (family of four could submit four entries). Anyone may enter UNLESS a member of your family is employed by The Payson Chronicle or by the merchant whose ad appears at the top in heavy border this week (this applies ONLY during the week his ad is at top and bordered). Employees of other sponsoring Merchants ARE eligible. Every possible percaution will be taken to prevent typographical errors that might be mistaken for clues, but errorless typography cannot be guaranteed (by anyone). The publisher of the Payson Chronicle will be the judfe in all questions, and his decision will be final. DEPOSIT THIS WEEKS ENTRIES WITH V BROWNIE TO drawing will be held. The first entry drawn that correctly identifies Guess Who will win $7.50. If that entry also has the correct clues hidden in all ads of the sponsoring merchants a bonus of $12.50 will be added When this bonus is not won, it will be added to next week's bonus and will continue to grow until it is won V V MUNCH TIME . . . Wouldnt Bugs Bunny like to join Natalina Fetrarca on this mountain of carrots an a farm near Rome? OUTFIT .at low , low V four-year-o- ld cost! Imagine! Everything you need to take pictures indoors or a genuine Kodak-mad- e camera with built-i- n expo- sure meter all at this low, low price! Now you can get good shots every shot because the meter shows you exactly where to set the lens. Take or color snapshots or slides with pushbutton ease! Perfect gift. out-incl- uding f black-and-whi- LESS THAN $25.00 Remember to leave your black and white and color film for quality finishing and fast seervice. OEM'S PHOTO SHOP 47 South Main Payscn, Utah CHRONICLE WANT ADS BLAMES MATERIALISM . . . Attorney General Robert F. Kennedy gestures as he tells newsmen the materialism of the American people Is much to blame for the prevalence of organized crime. BRING FAST RESULTS Jr rearrangement and Advisory Service Confidential Without Obligation -- INCREASED EFFICIENCY ECONOMY PROFITS Keith dollexf MORTUARY Service With Beauty and Dignity Z .24 HOUR AMBULANCE PHONE SERVICE the i ( da.igned and Maeefectad Tkf sltffl(llf SALES BOOKS 465-253- 4 PAYSON CHRONICLE 64 Wist City Council 4 years i north PAYSON 7 |