Show Dehydration Plant Engineers Survey Roosevelt Site Potato In the Hands of Field Workers Are Being Accepted by Farmers With Enthusiasm The Food Products put in a dehydration for the processing p for the United Starts has recently been organized with the following men elected as their Gerald manager of the Sun Rae Heating Service of Salt Lake C. J. of Salt Lake vice-president and general who for many years has been engaged hi the fool canning N. G. of Salt Lake who has had years of experience in food processing and was former secretary of the Beneficial Life Insurance other directors of Salt Lake City are Wendell Grover former president of the State Senate and Briant S. manager of Original Utah Woolen Mills of Salt Lake Give OK Engineer Lou who at the present time is managing the Dehydration plant in Colorado also the one located at Grafton N. D. London is an originator of the Dehydration system which has made great progress during the past ten and now through a Government sponsored expansion program to meet war dehydrated vegetable product Ion has increased from about annually in to an to 75 million pounds this A production of about million pounds rs needed for war requirements next says who placed his stamp of approval on the plant for the Uintah Basin during his visit here last Stock In Company The citizens of the Uintah Basin can become part owners in the plant if they so there will not be any high pressure salesmanship due to the fact that it is a proven winch is paying big profits to investors throughout the United and stocks have ready sale on the open An office will be opened up in Roosevelt in the very near future and anyone desiring information in regards to the purchase of stock or planting of acreage can secure Farmers interested in the growing of potatoes at a good profit should plan now and take advantage of the opportunity of an early The centering of this in the Uintah Basin will not only give our farmers a splendid cash will supply labor in the factory for themselves and children during the fall and winter this in itself should be an incentive to each and everyone of us to do our part in ii s Plan Of Organization Roosevelt Food Products has an authorized capital of shares of Cumulative non-voting preferred with par value of each and shares of voting Common having a nominal or par value of 10 cents shares of the Common Stock cannot be but must remain in the Treasury of the to provide for the conversion of the Preferred as provided in the Articles of Incorporation as Subject to prior sales a limited amount of the Cumulative Preferred Stock is offered for sale at per with a bonus of Common stock on the basis of one share of Common Stock for each four shares of Preferred Stock Preferred Stock is preferred as to assets at par as well as to dividends to accrue at the rate of 7 per annum upon any sum paid toward the purchase of such shares from the date of such Any earnings in excess of the to Preferred which the Directors may to shall be paid to both the Common and Preferred stockholders in proportion to number of shares Preferred stock at er or may be converted into Common Stock at any outstanding common stack of the company will not be permitted to participate in any of the earnings of the until the cumulative dividends upon the Preferred Stock shall have been fully |