OCR Text |
Show CANAE COMPANY HAS PAID $511,10 OF ITS BONDS The annual stockholders' meeting of the Davis and Weber ("ounces Canal rompan Is being held in the county court house today for the election elec-tion of officers for the ensuing year and to hear the reports of the treas urer. secretary and auditor Th forenoon was devoted to the reports t of the officers It was reported by the secretary that, 6ince the sale of the Riverdale I power plant to the Utah Power & Light company, the bonds of the company com-pany amounting to about $510100 have been retired and that the bal ance of the purchase price, $15,000, had been received and placed in the treasurv The purchase price of the power plant was $525,000. |