Show PAs riest END one half cent per share to be disbursed among the stockholders MUCH CREDIT IS DUE EFFICIENT MANAGER W P payne has brought the big concern to the front after seven years of strenuous work after years of waiting and hoping the stockholders of the jumbo plaster and cement company were given a surprise this week when they received notification that on oil may the first dividend ever paid by that company would he be disbursed the notice is rather facetious in its wording and is as follows sigurd utah may 1st ast 1917 dear stockholder enclosed find check for dividend no 1 of jumbo plaster and cement company which is one half cent per sharo share the dividend is not very large but it beats the irish ones we have had io 10 call for in the past we fiust that our business bushless will increase to such an all extent that a dividend each year will be possible Than thanking hing you for your patient waiting and wishing you success we remain very truly yours BOARD OF DIRECTORS B by lydia cowley covley see sec this carries the reaper back into the dim and misty past years agone it seems almost ages the reaper did everything possible to induce the establishment of the plaster industry in ili sevier county at sigurd there were mountains of gypsum the purest in the whole country test after 1 test revealed a purity of from 02 to OS per cent the deposits was un lindved and easy of access it could be placed at the for next neu to nothing cheap power was needed the chosen was across the river from sigurd near the mouth of kings meadow cannon judge chad chidester lorenzo nielson nielsen 11 N hayes N C poulson and several others were anxious to seo see a project for the manufacture of plaster launched the services of tom brown and a surveyor were secured A line was run from a point on oil the sevier liver a mile south of the mill sito and it was discovered that by diverting a stream and conveying it to the site that horsepower horbe power could bo be developed the installation of this part of the work was in trusted to tom brown A canvass was made ani and means raised to buy machinery and in ili the fall oll of 1903 a crowd of 0 interested boosters boasters bo one lone newspaper representative a reaper man anil and a number of ladies assembled in ill tho ohp newly completed mill broke a bottle or of champagne on the fly wheel of tile the engine and launched the jumbo plaster and cement company on a career that lias has been as varied as any ally industry in ili the west has ever aiono one through and lived times without number the rocks and shoals of dis 0 c aster arose in its course but careful pilots saved it from wreck the product of the jumbo company has been of the highest class but ov ev and railroad tariffs company from being able to market its products in ili the sections where the demind demand for continued on page S 8 JUMBO continued from page 1 such products is greatest consequently there have been difficulties to overcome that would have put less energetic companies on oil the scrap heap now the sun of success is breaking cloudt through the clouds that thai have surrounded the jumbo company and through the efficient and energetic management of all P payne who was made manager seven years since when things looked blackest for tile the company a dividend nov looms in sight it is gratifying to the people ot of this valley to see this industry at last come to the front for a long time little has been said about the plaster industry because of so many bright hopes being dashed in the past but the jumbo company has weathered all the storms and now looms large as a dividend producer the stockholders drs and all conc concerned ernecl should rise as one ruan man and do honor 1 to manager pa |