Show HIGH MISE I 1 aley COAL co secretary hicks of securities commission inspects com banys plant and books secre secretary tary H C hicks of the utah se it es commission was in richfield and salina sunday and monday to check up on the work done by and the general condition of the sevier valley coal co mr hicks after making a thorough survey of the workings and close investigation of the books of the company was kind enough to give us an interview on his findings and it is a great pleasure indeed to publish this interview because IN mr I 1 r hicks spoke of what he has found in terms of highest commendation and authorized us to quote him as stating that in his opinion the sevier valley coal co is one of the most carefully safely ly thoughtfully and economically conducted ducted corporations in the state A compliment like this counts so much the more coming from a man like I 1 mr hicks who in the course of a year handles in his office business amounting to over 50 million dollars and who during 1924 made visits in order to investigate corporations to all counties of utah except only dagget county and to all but three counties of nevada not counting his investigations in arizona new mexico and colorado mr hicks told us that lie investigated the affairs of the sevier valley continued on page 8 HIGH PRAISE FOR THE SEVIER VALLEY COAL CO continued from page I 1 coal co very thoroughly first he went over the ground and the plant in salina canyon and was very verv much pleased with the plans laid out the work done and the economic basis upon which it ba has been done in careful selection of machinery alone lie he said tile the management must have saved the stockholders at least over the normal prices these people have everything to their credit they have spent in the fust year more money for development work than tile the conditions of the government lease call for and it went all into development and none in office rent and ma hagony desks they have done everything that they have set out to do opened the smaller coal vein installed the machinery and put it under roof are re ready idy to start making the shaft and have everything arranged in a rno most st efficient way in thi connection a word of praise was ao alzo spoken by sir air hicks for the county commiss commissioners iners who aie keeping the road open continually so supplies can be taken up the canyon to tile the camp and work can continue all winter having inspected the mine mr hicks came to richfield to go over the books of the com company Dany and here too everything was found in tip top shape continuing his remarks mr hick said that in hie opinion the people do not realize tile the mammoth size of the undertaking and what it means to salina and all of the county as well as the entire state payrolls industrial development the greater impetus in the development of the Maryc val camps which are arc tributary tributa rv to richfield growth in population prosperity on account of these things mr hicks could not nuitt understand that the support people of the counte are giving to the company is is not more enthusiastic more money has been silent lipic lately in tile the purchase of stock of which sevier counte never will have any profit than to buy the well founded and well efured cured bond of tile the sevier vaclev foal coal co and every evilor of cuch a 1 bond ought to remember that it not onla i ic a good frood and safe investment but at the came ame time a corner cornerstone tone in building un th morp corp industries and more foreich to our of the country and laying the solid foundation for a continuous growth of sevier countes coun tv tvs wealth and population |