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Show UTAH STOCKHOLDERS MEET. Strong Board Elected The Financial Exhibit. At the special meeting of the shareholders share-holders of the Utah company yesterday those who had figured on deposing some of the old standbys reckoned without their host and went down to easy defeat. de-feat. Of the 90,000 shares of issued stock S8.110 were represented, and the following follow-ing board of directors was elected by an overwhelming majority. the officers selected being named immediately after the election: George Crismon, president; A. Hanauer, jr.. vice president; Mrs. K. T. Crismon. treasurer; the other members mem-bers being J. C. Crismon, M. W- Taylor, George Romney and Joseph Oberndorfer. E. M. Weiler was retained as secretary and the business of the company will proceed as usual. The report submitted covered a period dating from Oct. 1. WOO. to the first of the present month, ana made the following follow-ing showing: Receipts, all from the sale of ores, amounted to $114,270.04. During the same time $4'.0-16.9S was paid out for wages; supplies, $20,028.55; insurance, $2.-140.73; $2.-140.73; assaying and sampling. $2,140.7:'; freight, $24,549.13; office and general expenses. ex-penses. $4,4S0.30. and dividends. $27,000. On March 1 the company had bills out- standing and unpaid amounting to $H.-950.87, $H.-950.87, but since that time ores of the j value of $3,979.02 were sold, while about j $1,600 worth more are at the sampler. When this is settled for it will cut the company's indebtedness clown to about . $2,300. As an offset to this there is in the bank at the present time $1,500. so j the company begins its new fiscal year with a real indebtedness of about $300 an amount that the next car of ore from the mine will wipe out entirely. Only that the roads have been in almost al-most impassable condition for the past few weeks there would have been a surplus sur-plus after all accounts had been paid a fact which shows that the company is in good financial condition. |