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Show SUCAR COMPANIES TO BE COMBINED 01 0ECE1ER 18 That the Amalgamated Sugar com-panj com-panj and the Lewlston Sugar company com-pany will be merged' into one i orpo ration next month is beyond question, ques-tion, as the interlocking Interests ami official organizations need not be operated op-erated separately according to the statement of President Joseph Scow-croft Scow-croft of the Ix-wiston companj today He states that the business of the two companies can be handled to ;id-antage ;id-antage by one directorate and one set nf officers and greatly lessen the expense. 'The merger will be simply a matter mat-ter of economy," said Mr. Scowcroft today, "and for some time past the question of merging the two concerns has been considered. We have nearly near-ly the same officers in each of the companies and the interests are 30 identical that it will be a saving of money to combine them." The capitalization of the Amalgamated Amalga-mated company is about $4,000,000, while that of the Lewiston company Is ,'110)11 $1,000,000, but the relative value of the stock of the two companies compa-nies can be readily determined it is expected that the merger will be agreed to l the stockholders of th" Amalgamated company at a special meeting to be held December 19. Following are the officers of the two companies Amalgamated Company. M. S. Browning, vice president; L R Kceles, vice president and general manager. Joseph Scowcroft. secretary and treasurer. Fred G Taylor, assistant assist-ant secretary and treasurer; M. S. Browning, Joseph Scowcroft Ered J Kl, sel E P Ellison, Joseph F. Smith Dnvid r Kceles Y H Wattis, Adam Patterson. L R. Eccles and R. B. Porter, directors Leviston Company. Joseph Scowcroft. president; L R Eccles, vice president and general manager; M. S Browning, vice pres-ident! pres-ident! Tnd G, Taylor, secretary. Tohn Pingree, treasurer. Joseph Scow croft L R. Eccles. M B Browning, w H Wattis H M Smith, Via r. Patterson. D. C. Eccles, E O. Wattis. and R. B. Porter, directors The two companies own and operate sugar factories at Ogden. Logan Lew iston. and Burley, the Amalgamated company owning all but the one at Lewiston it will be obsered ihat the Amalgamated Amalga-mated company at this time has no president which is due to the fact that the resignation of H H. Rolapp has not yet been filled. oo |
