Show faer T IN fi HELD J E C ADDRESSES WOOL GROWERS IN OGDEN mammoth business will be placed under fifteen men constituting a board of directors thirty wool oa growers of ogden and nearby vicinity held an important meeting at the weber clubrooms club rooms saturday afternoon to discuss tho the question of tile the recently proposed incorporation which Is known as the national wool ool growers G rowers warehouse company J el cosgriff president ol of the commercial national bank of salt lake and who Is ismach much interested in the wool business 0 of utah met with the ogden sheep men and explained to them tho the object of tho the prop proposed oseI company company he urged all sheep men of the country to tah take c stock in the company because of the great areat benefits it promises to the wool industry of the country this company will be capitalized at divided into shares of the par value of qa I 1 0 each the stock being held exclusively exclusively for the wool growers of the united states and some of the business men and bankers of chicago the former will bo be expected to subscribe for of the stock and the latter tho the chicago people have already subscribed for their part of the stock and it was stated at the inc meeting etIng that it lb is beyond question matthe that tho other will within the next few days be taken up by we the wool growers of the w western estern stat states es tho the sheep men of utah idaho wyoming and Mont montana montanara anaba have e already of the stock there remaining ria ining only for tho the sheep men of other wool growing states to subscribe alb tor for this mammoth company will ivill handle pounds of wool each pound to be assessed one cent as a commas commission 1 for the storing of it in chicago and the placing of it upon tho the eastern market there were one and one half million pounds of wool represented at ogden lat at tho the irne eting seven tenths of the proposed tax on the wool of the stockholders will bo be used exclusively tor for the handling of the years crop and the other three tenths will be returned to the stockholders stocal holders as a dividend the contemplated plan is to build a largo large warehouse in chicago to which the entire clip of wool of the stockholders may bo be shipped and held until such time as it may properly be placed upon the market the number of shares of stock that each man may have Is based upon tho the wool clip lie he furnishes and ana every stockholder will be required to pay his per per pound whether lie ho sells his wool through tho the company or not dr ilowe stowe who is closely connected connect dd with the project states that there ther e will bo be no stock for sale after tho the of december and that those who desire to become deome stockholders in the company may inay procure application blanks froni from either himself or frederick herrington of ogdon ogden dr rowe states that the mammoth business to be conducted I 1 by this com rany rally will be pla placed ced under the control of a board of directors consisting of fifteen men nine to do be chosen by tho the wool growers and the other six by the business men of chicago who will havo stock in the company nine tenths of the larger wool growers of tho the western country have taken stock in tho the company and ultimately none of them will bo be found without a tow few shares of stock in his name |