Show Independent venture Water users may construct Upalco meeting to air idea called for March 9 i Stockholders of the Dry Gulch Irrigation Company will hold one of the most important meetings in recent years March at 2 p.m. when they will consider a proposition of constructing Upalco reservoir as an independent project EVER the Central Utah Project became a talked the Upalco unit has been considered among the first to be constructed as a storage reservoir for early run-off waters from the High U in Delay in getting the Central Utah project on the has resulted in serious consideration by the Moon Lake Water Users Association to build the reservoir as an independent The main consideration of Dry Gulch stockholders will be to hear a full report from the and to determine if individual water users will approve borrowing approximately of Interest bearing money from the Farmers Home or other public or private sources to finance the construction of the THE MEETING WILL also seek to give the president of the authority to execute and deliver the necessary mortgages and other instruments of conveyance and to pledge the assets of the corporation as security for funds proposed to be borrowed by the Moon Lake Water Users According to Leland M. secretary of who has sent a printed notice to all the decision of the majority stock represented at the March 9 meeting to be held at the American Legion Hall in Roosevelt will determine the action of the ALL STOCKHOLDERS of the irrigation company are urged to attend this very important which could be a tremendous step forward in determining the status of the agriculture industry in this part of the |