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Show : , . TELEPHONE CO. I; PAYS 10 PER CENT v. ', '' At Annual Meeting Monday Cash Divi- ;. . ' ' deud of Ten Per Cent Is Announced I PREVIOUS BOARD IS RE-ELECTED .V A Capital Slock Dividend of 30 v Per Cent on Past Earnings . Also Declared The annual stockholders' meeting meet-ing of the Iron County Telephone Tele-phone Company convened in the Gem Theatre last Monday at 2:00 o'clock, p. m., with a ' .J ' rather slender attendance of if " stockholders. "'" President Henry W. Lunt called the meetinjr to order, and announced the reading of the financial report for the year j 1913, which showed a very sat- isfactcy gain for the year, and A this growing and necessary in stitution to be in a thriving condition. con-dition. . f The declaration of a 10 per A v -'' cen?divident, and also a 30 per fplU cent caPa' stock dividend to compensate for the absence of H dividends during the first two n or three years of its corporate U existance, were announced, and Mlf questions answered and explan- Iljf ations given. I The future policy of the com- Wt pany was briefly .outlined as one W of development and extension, it """" fciA - teing the smbitjofror the bd s fand management tto extend rt; ;M 4 ice, to YMid2tjjgikittt!!C ;BRl!jLlJfcL Al iRt ATpoesible. 'e-BMismL" There was no opposition to the iBBo? "V ' re-election of the board of JP5u directors, which served during IT the past year. They are: H. W. I. " Lunt, T. J. Jones, John H. I". Corry, J. S. Woodburv and C. S. , Wilkinson of Cedar City, and Wilford Day and J. It. Lowder A of Parowan. 1. Manager J S. Woodbury is de "JT I serving of much credit for his -w - ll i careful and thorough manage- M ment of the affairs of the com- jf 1 pany during the past two years, 'I t and it is largely due to unremit- tm h ting vigilance that the very sat- m--- isf actory progress has been ' U made. |