OCR Text |
Show oo BELL STOCKHOLDERS TO RATIFY TRANSFER. At a meeting of tho stockholders of the Rocky Mountain Bell Tele-phono Tele-phono company to bo held at 10 o'clock Monday forenoon, a resolution will ho adopted ratifying the transfer of the Bell company to the Mountain States Tolephone and Telegraph company. com-pany. Tho basis upon which the Bell stock will bo turned over to tho Mountain Slates company will be on a basis of GO per cent. It Is tinder-stood tinder-stood that tho new company will guarantee a dividend of 7 per cent on the stock. At this time the number of shares of Bell stock hold ,ln Utah Is said to 'be very small. By far the larger part of tho stock Is held in the east. Utah, It Is said, never did hold a grcnt deal of the Bell stock, and that which was owned here earlier has gradually been sold to eastern buyers. Tho properties included in the transfer aro. The Thunder Mountain. lino to tho United States forest service. The Nyssa and Ontario exchanges and all properties of the state of Ojegon appurtenant thereto to the Malheur Home Telephone company. The Coeur d'Aleno system to tho Pacific Telephone & Telegraph com- ' pany. i The Dome Lake line to the Domo Lake Telephone company, Tho real estate In Boise, Ida., re- ' contly acquired from the Independent Tclophono company, 1 |