OCR Text |
Show GreaJ Sugar l'hmi, Work l living crowded li, the I'tuli ugar company on the M,iin,ti"i) "itgar itt tory nt (iiiriaiitl, I 'tub, nud on the 4.,iuu puMcr i tin 1 1 1 at tin tuoutli of Itcnr Itivcr canviiii, to und a hall miles uortli of Colliiiilon. The fottmla-Units fottmla-Units nie going in villi ; Intgo fotcc nf ineii utcacli plant, mid no cll'orl -nill Ik? spared In lavo lotli roiupleli'il mi tinio nc.r!cayoii. Thoiowcr plant l to iKi'rcudy for builiies 3Inv let, mid the auijar faotorj'd to Iwp'mly Ivicurp. forjiext Heiifon'rt 1k'c crop. Tito great plant will ln built of mIoiic, brick and !tcoI, and will K by fur the best factory building In Hie entire State of L'inli. It will Imvo Hcapacll.x of H.1MI tons of futgiir IitH dally, while the capacity ca-pacity of Hie Udil factory nud nil lt aitxilinih'H Nbttt 1IXNJ toui daily. The Lchl facloiy N cnpablo of turning out iVH) ciick1 of eiigar dally; the new dor-land dor-land factory will turn out ;;mi. TIiI-will TIiI-will mean an output of M."i,(XW worth of augur every day the factory run nt full capacity. Tlie factory U lin-uted u little ilMiince fioni the town of (inrlaiiU. 11 will be built III two sections, and ench fecllou w III Iimxo u capacity of tiH) toiix per day. riie llivt section will Ik? rtiiiiiing next eiiMiii mul tho other will itiu jii't id MNiit oi condition demand It. Tho Oii'guti 8mil lino will build n mad tiMbo factory at once. The diigar company In now building ,i iocr plant nt, or near the tuoiilh of lleiir Itlver canyon which will have a capacity of n IIXHJ linr.-c hiuci and will ciiit uUitit 3)H,mni when completed. The tegular uniiiial tueetliig of tin-diH-ljlioldcrs of lite l'inli Sugar company com-pany w.ii held In Salt Laku hint riiltnxlay, Dec. Ullli. This ns n liiccllng of iiioix! thuii oj-illuury itiipoit. aniT to lite coinjiaiiy, ns the old tock wiim taken up theu iimi tin1 ne rtlock ill lllfVHHVHNIcDtupiiny I'Stlcd. The new stock, both cuiiiiiioii and per-ferred, per-ferred, U toU' iroiiitedunioug the hold-er.i hold-er.i of thoold Htwk. In the new coin, pany lliero will lio $:i,nuo,(mii ptefetred and W,tMI,(H)U coiiiinon slock. Tho couiinoii etoi.'k will not pat Help, de In any earning of the company till aftei a 7 per cent annual dividend lias Ith paid mi tho iu-fvricd. |