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Show AMALGAMATED COMPANY HAS BEEN REFINANCED, PLACING INDUSTRY ON SOLID FOOTING Ogden s Greatest Industry Passes Through Trying Year Owing to Tremendous Slump in Prices; Judge Henry H. Rolapp, Long Promi-nent'in Promi-nent'in Business, Becomes President Presi-dent and General Manager Ogden' greatest Industry, the Amalgamated Amal-gamated Sugar company. passed through an extremely trying year In 1911, due primarily to the tremendous tremend-ous drop in sugar prices. It was not alone In facing tho tragedy of this slump, which affected the entire bu-lne.s bu-lne.s of sugar making throughout tho world That the gigantic company was re-flnanced and that its new of- fleers and dlret tors arc men long experienced ex-perienced In sugar muking and In fl -anclng as well is an im.port.int feature fea-ture of Ogdcn's economic stability ' -day. The companya immense plant west of Ogden Its other plants of Cache county and southern Idaho and Its lm asral industrial and agricultural campaigns in both states h:tc im-l im-l portant bearing upon all other actlv- ities in the Ogden area. At a recent meeting of tho holders of common stock, an assessment was voted through which the company was enabled en-abled to raise 11,000,000, ntjAded I i refinancing. The dire, tors were authorized au-thorized to borrow approximately S.-000,000 S.-000,000 from the war finance fund I through tho Sugar Finance corporation, corpora-tion, to-moot payments to the beet growers. These steps have aided materially in strengthening the sugar situation of i the intermountaln country Judgo1 I Henry H. Rolapp, president and gen-' gen-' cral manager of the company, has j been long experienced In the sugar I business He was associated with the Wti Ii.ivi.l Cedes In organization rum j management of the first sugar cbm- nanv in Oeden the bawls of the Ama! gamated nnd continued with thn: company fm years. He has been president of the national organization i of bot sugar manufacturers for a number of vear. being looked upon I as one of the leaders in tho Indus-j Indus-j try. Tho company obtained i larger beet I acreage than In any preceding y-.u-I Which was in excess of 52.000 acres for the whole territory. About 4".n.-000 4".n.-000 tons of beets were harve sled, to which was added 40,000 tons pur-I pur-I chased from tne Pioneer Sugar Ctom-I Ctom-I pany of Cache County, making .i total to-tal of 490.000 tons of beets purchased ! during the recent campaign. From this tonnage the company manufactured manufac-tured between 1, GOO, 000 .ind 1,400,000 bags of sugar. The factories at this time experienced experienc-ed record runs in beet cuts and in technical efficiency, The eight factories fac-tories of the company are Ideated at Ogden, Logan, Ltwlston. Smltlifleld and Cornish in Utah and at Piiul, I Burlcj and Twin Falls in Idaho. CROP PEST8 FOUGHT. The agricultural results were rath- t unsatisfactory this year. It is re-J ported by officials of the r, ; pan This wus due to the ravages "f insect in-sect blights, which appeared In gr:ii-j er number than In any past year of operation. For the most part thej crops quite successfully responded to Chemical sprays, but the pests made decided effects upon the tonnage B of the beets. particularly in the HBVJ Cache Valley and Idaho districts. IHHh In apiti of ail the disadvantages HVfl I and in spite of the fact that prio a paid for beet.-; will not exceed the IBVJ ! minimum prices provided for in tho hIHI contracts, the beet crop will prove as BlflH profitable as any other crop in fhe BflVJ entire intermountaln district, in the BlVfl opinion of th company officials. For BflVJ l eets delivered to the eight factories 1 ol th mpany this year the farmers HSr will recelvi ppjar Farmers have grown ta appreciate the sugar beot crop not onlv for i's ash value but as a good rotating a .roi !..r preservo BoI1 fertilii m PRODUCT I-, PB USED f 9 through its reorganization is no'v shHHi In tin hands of persona who are em- ffl tnently qualified to meet its man- agerlal needs and in whom the stock- H holders and the public have confi- BVB ' I Met w.i-- , oir.menied ' -jfl upon by Horace Hayemeyer. BUgili BBVJ ' rnngnatc ot ,ev York and a director QaaB of the 'in ,J . oinpuiiy. who recently 3wJ made an inspection ;our of tho fac- fB lories operated by the company. Fol- BfiVHl lowing his Inspei tlon of tho co i- HflH lany a factories, Mr. Hayemeyer de- BflVJ tared that the plants are runnine- HHJ well and the unalily of sugar turned HLH out is higher thanJie had ever seen. HiiiH Judge Henry H Rolapp, who was HILifl . appolntod president and general man- BujH ager of tho Amalgamated Sugar con.- Sj9 pany at Us recent reorganization, is known us a man of sterling charao- ter and great ibiiit Asso- H elated with him Is his brother. Enul Rolapp, a.s vice president and as- slstaut general manager, and who u ilH equally qualified to take care of the iiiliH buslne.es of the company. Fera S, BH ypunjfi who has been onnected with CH the company for the pasl l-l veara, IB elected, by the common stock- H holders at Us reorganisation meeting iiiliH and on Dec. 16, fie other directors. were elected by the preferred stock- H holders, thus completing the erorgan- I |