OCR Text |
Show of the Inter-Mountain Fair association bearing 6 per cent Interest per annum pnd redeemable on demand In cash for the full amount, and the remaining $60, more or less, la deposited In the Ogden Savings bank bearing 4 per cent Interest' Owing to the death of Mr. Mansur, the collection of the subscriptions ha been suspended as the money cannot he used until the estate has been administered ad-ministered on. The attorney for Mr. Mansur wrote r.omo time ago that by March 1st the club would got definite information as to the chemical plant and that either l ho plant would be built or the club released. The club alone Will dispose of the money at a' meeting called, for that purpose. Any more queBtlon? THE 30,000 POPULATION CLUB. Some one has asked what has become be-come of the 20,000 Population Clui end the "considerable" money accumulated. accum-ulated. This is a fair question to ask and no matter from how obscure a source the question may come, tho custodians cus-todians of any public fund always should be willing to give information concerning euch trust reposed m them. The "30,000 Population Club" entered enter-ed into a contract with a Boston, Massachusetts, Mas-sachusetts, corporation to furnish said corporation with a factory site to cost about $25,000, payable after said corporation cor-poration had located a chemical plant in Ogden and had actually expended $100,000 on such ohemlcal plant The construction of the factory was to havo been started before January 1, 190S, fcnti to have been finished before July 1, 1908, unless unforeseen and unavoidable un-avoidable accidents or Incidents prevented pre-vented the completion of same. In the fall of 1907, in the middle of the panic Mr. Mansur of Boston, the head of the chemical company, was found dead in the woods of Massachusetts. Ho was either murdered or he had committed pulclde. This accident has thrown the entire matter in the courts of Massachusetts, Massa-chusetts, including the contract with the "30,000 Population Club-," as a part of tho dead man's estate. That Is why the club has not been called together to-gether to dispose of its money lor other purposes. As to what has become of the money mon-ey is also a fair question. A total of about $460 has been collected and there le due the club about $1,500 on uncollected subscriptions. The money is invested by direction of a majority of the six cashiers of the Ogden banks and $400 has been invested in bonds |