OCR Text |
Show Bondholders Vote Against Sale Of Power Stock Information was received In Cedar City this week to the ef-feet ef-feet that a majority of the bond-holders bond-holders of Washington Gas and Electric Company had voted against approval of the Joint agreement of Cedar City and Southwest Utah Power Federation Federa-tion to acquire the common stock of the Southern Utah Power Pow-er Company. At a meeting of the board of directors of the company held here on July 15, the new directors direct-ors were elected In compliance with the order of Federal Judge Alfred C. Coxe as contained in Ihese columns on October 13, 1149. Local directors who were held over are Lehl M. Jones and Warren H. Bulloch. The other di-rectors di-rectors are A. L. Glidden, Paul-den, Paul-den, Arizona: A. W. Hahn, Salt Lake City, Thomas Shaw Hale. Frank Glnberg and Leo Laub, of New York. It is expected that the new board will meet in Cedar City in the near future to consider, emong other matters, the needs of the company for additional operation capacity and other faculties fa-culties to meet the growth of the area. |