| Show JUMBO PLASTER AND CEMENT C high pr praise aise given to general 51 branager BIa mager nager IV P payne just recovered from serious illness W P payne general manager of the jumbo plaster cement co who has been seriously ill tile the past weeks and underwent vent a critical operation at a salt lake hospital is home again and improving so nicely that he is able already to take up his responsible duties in the mill and offices at sigurd mr payne was ivas suffering from an internal abscess achis and his condition had bad become so critical that his son wendell H was summoned boned by wire and took the patient to salt lake city for the operation sirs mrs payne accompanied her husband to the city and was his faithful nurse until she herself came down with a severe attack of lagrippe confining her to another room in the hospital at the came same time mr payne jr also was avas incapacitated by illness making it three patients in the family bedfast at the same time the most serious however mr payne sr who had to be be kept in constant care of two trained nurses mrs payne and wendell recovered first and now as stated above mr payne is back home and steadily gaining strength this years annual meeting of the stockholders of the jumbo plaster cement co had to be held for the first time in many years with the general manager absent president joshua greenwood informed the board of directors of mr paynes serious illness and the board members as a unit took this occasion to express themselves as being exceptionally well pleased with the splendid work dvork performed by manager payne during 1925 as in the previous years of his tenure of office stating that the company was certainly indebted to mra him for the excellent way he had managed the business and the wonderful results obtained thereby the same iame recognition was given to mr payne in the stockholders meeting following and a vote of thanks was given to all who had contributed to make the year a successful one that the praise given to mr payne was well deserved can best be seen from the fact that this year for the sixteenth consecutive time under the present management a dividend was declared in the past few years such dividends have been distributed twice annually the balance sheet for the past fiscal year shows assets of the company to theja mount amount of as against liabilities of the statement of sales shows as follows tons in 1921 tons in 1922 tons in 1923 tons in 1924 tons in 1925 dividends paid in 1925 amounted to 22 the company had cash in banks on december 1 31 1 1925 52 the organization for 1926 was perfected as follows joshua greenwoo Grren greenwood woo president thomas sevy vice ace dent W P payne wendell H payne R W sevy christian peterson and henry poulson directors W P payne was re Te appointed general manager with edwin J cowley as secretary and treasurer A substantial bonus was voted to mr payne for his splendid services and bonus ses also were given to secretary cowley and mill manager mallory in an interview with the reaper editor mr payne highly commended the D R G western railroad for the courtesies shown him on his trip to and from the salt lake hospital |
