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Show CEMENT CO. TO MARKET BONDS Ogden Company Granted Permission by Securities Hi Commission TOtfl frtat securities commission yes- Hj terdav granted permission to the Og-1 HJ den Portland Cement company of Og- dsn to sell $150,000 In 7 per cent sor- B la gold bonds secured hy a closed first mortgage on all of the company's B real estate, marl deposit, building, H machinery and personal property to- tailing upwards of 31.200.000 on the, H books of the company. ImM, The proceeds of the Issue will he BH U60d to retire outstanding bank loans B incurred in the construction of a plant B for the recovery of the potash content fl of Its raw materials. The bonds will H he issued in $500 denominations, and H provision is to be made for the rethe- ment of $15,000 each year. The Bank- BVAVJ ers' Trust company is named as triiB- BvAV tee. and the company In its report tc BSbj the securities commission states: BvAvJ "The company has already made aV-l BSBj rangements for the immediate sale of BSBj all of the bonds to the Palmer Bond BVAvJ a- Mortgage company and the National! BVmyJ Copper bank of Salt Lake and the BvmyJ ' 'pden State bank of Ogden at par. BVmyJ With a payment of 5 per cent commis- BvmyJ This company has outstanding! BvAV 1.930 shares of preferred stock and BSbj ,S 7ft shares of common stock. Dlv-j BvmyJ idends on all the outstanding stock BvmyJ have been paid at the following rates J RvmyJ From 1912 to 1916. G per cent: 1917 H s per cent. 1918, 10 per cent, 1919. H 1920 and 1921. R per cent H Officers are Chapin A. Day, presl- H dent: Harold C- Day, vice president H A. B. Porter vice president; C. R H Holllngsworth, secretary. F. N ; H Bletcher, treasurer, and Harold C. l H Day, general manager Its plant is H located six miles north of Brigham H City It began operations In 1910. |