| OCR Text |
Show PAID BIG PRICE FOR UTAH SUGAR STOCK New York, Juno 18. It cost Henry O. Havemeyer, the sugar magnate n premium of SO per cent above par t- obtain control of tho Utah Sugar company, com-pany, according to testimony yestor . day of Thomns C. Cutler, general manager man-ager of tho Utah-Idaho Sugar company com-pany and formerly Mormon bishop of Lehl, in the government suit to din solve the so-called sugar trust. Ho said ho sold Mr. Havemeyer 7-1,000 shares of stock In the Utah concern at ?18 a share. This was In! tho spring of 1002, ho said, and the1 par value wnn-'llO. "I went to New York from Utah, Mr. Cutler continued, "and talked mat-' ters over with Mr. Havemeyer. First! he would hot listen to our proposition I to sell him' hnlf tho stock and wanto ' , to hire me to work for him. I tol him I did not caro for such a place, i and then he said ho would consider a stock purchase. Six months or so, later he bought It." |
