Show DIXIE niXIE POWER FUTURE PlANS 00 P Pursuant to call a fair attendance of the stockholders of the Dixie Power Company met mei metin in the Library auditorium early in the week when the manager Mr Woodhouse gave a brief account of the development of the company's property to date and presented figures showing shoWing the income expense and net earnings The report wa was entirely satisfactory tory and was was accepted by those pres pres- ent Mr Woodhouse also gave ave an outline outline out out- line of the future plans of the com corn pany pany- and emphasized the tho customer ownership of the utility He said that it was the desire of the bo board rd of directors di directors di rectors to retire one-half one of the floating indebtedness by the sale of stock at a discount of ten per percent cent Customers will be interviewed by bythe bythe bythe the officers and employees of ot the company during October and subscriptions sub s solicited The company Isnow is isnow isnow now making fair interest on ts to cap cap- tai tal but cannot pay dividends until at least half of f the floating debt is re re- re tired The company's b books ok show that there are stockholders in Iron County and 64 in Washington Coun Coun- ty These stockholders own 63 53 per percent percent cent of the outstanding stock Mr Woodhouse claims that f for r a safe ate investment and one that the stockholders are p patronizing every month the local Company company should hould re receive ie- ie the support of those it it serves Op o |