OCR Text |
Show Utah Power & Light Co. And Its Inflations Salt Lakes Newest Hotel 200 Tile Baths OPPOSITE GREAT MORMON TEMPLE HOTEL TEMPLE SQUARE AU City, Utah Waat Bxpoeure Room meet o. Delightfully Air Coala nunnin. 1W HIGHLY RECOMMENDED We bm Just seen bow tbs capital Investment of tbe Utah Power and Light Company waa arbitrarily padded to tbo amount of (14,000,000 and bow a parasitic bolding company in a period of six yean drew from tbo revenues of the Utah Power and Light Company $1,1(0,000 aa dividends oa common stock for which the holding company paid nothing. If these shady resulta had grown out of practices known to all who wore financially concerned, they might aeem a little leas objectionable. But aa a matter of fact they have bean brought about without the knowledge of the people who havo furnished the financial backbone of the company, namely, the consuming public and the outside stockholder. In a report on tho properties, organisation, and operations of tho Utah Power and Light Company, Judson C. Dlckerman, eer-examiner for the federal trade commission, makea this statement: From the printed annual reports distributed to stockholders It la utterly Impossible to Identify tho fixed capital of Utah Power and Light Co. at the end of any year, much less any of the arbitrary additions by which the fixed capital has boon written up (padded), nor la It possible to distinguish Investments or earnings as between Utah Power and Light Co. properties and tho Western Colorado Power Co. The large payments of dividends on tho common stock are not shown, though they amounted to $1,200,000 for each year, 928, 1929, and 1020. Common-stoc- k were dividend more than 22 per cent of tho net earnings available for Interest and dividends. (Senate Document 02, Part 45, p. 1869. 1922) In the stockholders suit now pending In the courts tha complaining stockholders allege that the holding companies of tho Utah Power and Light Company caused it to conceal from its stockhoden tho fact that said dividends had been paid upon its common stock as aforeaald, and caused said defendant, Utah Power and Light Company, to publish and Issue annual reporta to Its stockholders for the years 1925, 1920, and 1927, reporting therein the amounts paid by It aa dividends upon the preferred stocks of said company during the year for which such report was leaned, but purposely, intentionally, and fraudulently ailing therein to disclose, and deliberately and designedly concealing the fact that dividends had been paid upon the said common stock as aforesaid." (Paragraph 18 In complaint of Jeffs, Pears. Nielson, and Rundqulst rs. Utah Power and Light Co. and Electric Power and Light corporation.) engin- 1 Its great hear to your voice" Written words cannot replace the per- The telephone reaches out to other towns and brings happy, familiar voices to you in return. The long distance operator will be glad to tell you the rates to any towns without sonality of your voice. obligation. Whose veiee would you to hoar? Nko Moaatala (Mates Tetaoboaa A IMaeraph 71 North, 5th West Salmon Wkeaties - IMUU East Center St. ??! 19c 10c ivr 10c P & G Soap Coffee, S&W, JJSSS: KERR Reg. Lids Ball Mason Caps Kerr Owith JPJSJP SB hlatory of tho Utah Power an Light Company and become aware of tho relationship of tho to a vast, ruthless, company parasitic, and alien syndicate of holding companies, and tho more ho aees how far removed from him tbo syndicate la, both In human sympathy and In economic interest, tho me he prey ft a local municipal plant owned and operated by himself and hie fellow ritlwsi far the cosum EVERYWHERE IN UTAH STATIONS 25c or Ball 19c Grnnpg ' 3 Ud II till da pounds p(.r I'wuifi 10c . 5c tank Potatoes 8c Green Peppers 4c MEATS Pot Roast ny2c Veal Roast ,ll"XKU':ss) 19c i)lllld Fancy Sliced Bacon, lb. 25c H'V t .h OM.1 i m Aiwa VS' Louis Kelsch & Sons 121 WERT CENTER At Rear of Dootcrie Cleaning Co. lit N. 4TB Unlv. Mash will do for your laying hens with eggs at their present high level For this reason s a good time to use Clerk er DELINQUENT Upper East Union Then are delinquent upon tho season! Today's Feeds Name Amt No. of Due Shares No. 10 $7.00 285 Harry Crane .70 540 Themaa J. Foot 1 and In accordance with law and an order of tho board of d tree ton, made on tho 29th day of July, 1921, eo many ahnrea of each pared of inch ntock as may be Cert WE GIVE GRIST 100-lof Flour for bs NOTICE 27 i A tf f? tf ? per 2 doz. for 35c ? 3 for 10c $ VEGETABLES ? 2 for 15c X t7 LETTUCE 3 for 5c ?? CUCUMBERS for 8c X .. SPUDS ?? CABBAGE Per 1b. 2c ?? BUNCHED VEGETABLES ... 2 for rc A ? HEADQUARTERS for SCHOOL SUPPLIES ?? We Deliver 10-lb- s. t M rXEI) .145 PIG FEED (Puts growing pigs right down the road to market) S. COLVIN, DIMED 1.04 1.05 1.14 BEET PULP, with Molasses . 9, 16, SHOUTS, II YE, TO WATER I'RKRH The Stale of Utnb, office of State Engineer. Salt Lake City. Notice Is hereby given that Holier A. Knudsen. Ilex 87, R. F. D. 1, Provo Utah has mails Application. In accordance with the laws of Utah, to appropriate 1.0 sec. ft. of underground water in Utah county. Utah. Said water will be diverted from May 1 to October 81 Inclusive of each year, from a 0 well, 300 ft deep, located st a point N. 1764.84 ft and W. 5227.2 ft. from tbe SE Cor. Sec. 4, T. 7 8.. R. 2 E. ! RUl and M.. and used to irrigate 30 acres of land embraced In tb WlaSWM See. 4. and EASEi and Sis'. 5. T. 7 S.. R. 2 E., SI-M. As much of said water as le will lie used during tlie entirp year fir domestic purposes at one residence. This Application Is designated In the office of th State Engineer All protests ress No. 12754. sisting the granting of said Applies I Ion. with reasons therefor, made In affidavit form, must bu filed with T. II. Ilurapherys, Stale1 Engineer, 403 State Capitol. Salt Lako City. Utah, with ono extra enpy and $1.00 filing fee on or before November 13. 133S. T. II. IIUMPHEHYB State Engineer Date of first publication September 16, 1938. Date ot lnt publication whiff (Seed) Bunker Farm Feeds Phone 016R3 New and Used Furniture Hi EXCHANGED Easy Time Payments BOUGHT No Interest USED SOLD No Carrying Charge 3 Piece CHEAP Living Room set, Like New . . . USED Brown Bed and Coil Spring. Very Good Condition . . 1 October 14, 1988. Wheat s. 1.52 1.07 necessary will bo sold at tha office of the secretary, R. F. D. No. 2, Box 91, Provo, Utah, on Monday the 28th day of September, 1988, at the honr of 4 oclock p. m. of said day to pay the delinquent assessment together with the cost of advertising and expenses of sale. Publication dates: Sept and 23. 200-lb- 3 $159 Secretary. ", M':! m ' to-w- it: YOU WILL NEED: ... Irrigation following described stock on nocount of aaseaament for tho year 1928 levied on tho 29th day of July, 1989, the several amounts et opposite the names of the respective shareholders ns follows, TRACT f BUNKER FARMS GOLDEN OIL, LAYING MASH. A mash rich, in recleaned ground yellow com and containing 5 dried milk and double strength Nopco X X Cod Liver Oil, yet costing no more than ordinary laying mashes. Put your flock on Golden Oil Mash today for a most profitable poultry NOTICE Company, a corporation; principal place of business, Provo, Utah. doz. 32c Are your fret damp when yon come home on a wot Tlmt's an on. evening? licnltliy situation and one that is easily remedied. Itrlng your shoes In and let us renew them. That will make them ivnterl Ight It only takes n again. minute, nml then you'll he Mire of dry feet when It rains. Mata it-i- X f 1 Shake out the duet ami dirt of open windows. Tour home will look twice as nice with fresh, dean drapes for the Winter season. Only The Best LE6AL NOTICES Youll marvel at the creamy-smoot- h filling of this delicious pie that is rich tasting without a speck of butter. ORANGES in Wet Weather? X GRAPE FRUIT How are Your Shoes DIO PHONES: 200 - 201 OX-TAI- LS for Have Your Drab? U AL'ITiYfl We are Proud of Our Delivery Service MEATS s. E E L E C--T DUKES MARKET Phong 897 SLICED BACON, (fat or lean) . . lb. 23c 4 ...13c (for soup) . . 23c . . ROLLED ROAST (prime rib) lb. 19c LINK SAUSAGE (Small) NECK BONES, (tender, meaty) lb. 9c CAKE IDAHO AND Drapes Gone (0 FIS 3 for 25c VEGETABLES, (canned) Tall tins 23c SALMON, DelMonte POWDERED SUGAR 3 for 15c JELLO, (all flavors) lib. 12c MARSHMALLOWS RITZ large pkg. 21c MOTHERS OATS per pkg. 26c GOGQANUT GRAIN and N. University Ava. PHONE 114 , GROCERIES . HAY 151 good of all; sad, certainly, the leas he Is Interested hi that pay roll" for which bo la bowrly naked to give his birthright end aeU his sonL West North GRADE) Yes. you'll bo pleasantly surprised at the performtho when you use Pep M ance of your ear for fatormountcdn motoring. refined panoBno specially Drfvo in at any of tho 500 stations in Utah and Idaho. HANSENS market Pint 297 -- FEEDS No, the more tho eltlsea of Provo looka Into tho financial Fruits8 Vegetables sEEI,,lESS A Soob PROPRIETORS Poultry and Dairy .... 71 J. S. Smith WHITE FAWN and RED ROSE FLOUR By Dr. Parley A- - Christensen Opponents of municipal power systems frequently express the strange belief that such systems are particularly subject to local political corruption and mismanagement. On the other hand they seem to believe that private utilities, far and near, are miraculously immune to business and managerial sins of any kind. In the light of the facts such beliefs are a bit humorous. $1.50 lain OLD FEATURING HIGH Rooms Ball D06 TtCU" TRICKS TEACH THE Hoodwinking The Stockholders 200 Rates: VALLEY Flour & Feed USED i A. B. C. Washer (Enamel Tub) USED Walnut Dressers with Plate Glass Mirror 67 fig 52d.C0 $Ab J USED Floor Lamps CHEAP Furniture Exchange 316 W. Center r Slay at Home and Save! It |