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Show MAGNA CONCERN PURCHASES TRI-STATE FIRM Magna Investment and Development Develop-ment company has purchased the yard and store of the Tri-State Lumber company in Holladay, it was announced this week. A. E. Montgomery, assistant general gen-eral manager of Tri-State, said no sale price could be disclosed until after inventory. The Magna company is headed by Gus E., John E., and Nick E. Papanikolas, members of the firm building the $3,000,000 Papaniko-las-Curtis system of stores in Sugar House. The lumber company at 4639 Holladay Hol-laday blvd., will be operated as" the Olympus Lumber and Hardware company. Leslie T. Hintze will continue as manager. |