The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-12-07

The court room was over-crowded
yesterday afternoon, the occasion be-
ing the preliminary meeting of the
shareholders of the proposed sugar fac
tory. Thomas D. Dee was elected
chairman and II. II. Rolapp secretary.
The articles OF Incorporation were read
by Judge Rolapp, and were listened to
with much interest. The first section
gives the names of the proposed incor-
porators- The articles give the name
of the corporation as the ogden Sugar
company, and the business of the COM
pany is said to be to grow, purchase
and sell sugar beets; to manufacture
and refine the same into raw or refined
sugar, and all the attendant products
thereof The company may also raise
and dispose of cattle.
The principal place of business is
OGDEN, and the capital stock is placed
at $500, COO. Such balance Of the stock
as is not subscribed for is TO be treas
ury stock.
TEMPORARY OFFICERS.
The temporary officers are David Ec-
cles, president; Thomas D. Dee, vice
president: II. II. Rolapp, secretary !;
James Pingree, treasurer. These Of
fcers, except Pingree, are directors.
Other directors are II. H. Spencer,
Joseph Clark, George Q. Cannon, John
r. Winder, John Scowcroft, Fred j.
Kiesel and Ephraim P. Ellison.
After the articles were adopted, MI.
Kiesel asked how much the factory was
to cost. Judge Dee said $350,00 was the
lowest estimate. Mr.. Kiesel wanted the
vote reconsidered, so as to make the
capital stock S550,000.
Judge RolapD explained that this
would give parties coming in next year
every advantage possessed by stock
holders who go in at the start. He
thought stock would be above par next
season, and he wanted the directorate
to have treasury stock TO sell at the
best figures possible. Mr.. Kiesel with
drew his motion.
MANAGER CUTLER'S TALK.
Thomas r. Cutler, manager of the
Lehi sugar factory, was called for, and
made an address of much interest. He
first congratulated the people OF Ogden
on securing the factory, and then pro-
ceeded to give a good talk on beets and
beet-raising.
Farmers should plow not less than 16
inches deep in the fail, on ground in
tended for beets. In Lehi the company
insists on this fail blowing in the co.,
tract. Farmers should farm extensively
or not at all. They must get on their
knees TO thin out beets, or at least
have boys do it. He pointed out how
healthfui labor for children was fur
nished in this culture, and said the
beet sugar factory would assist in SOW
ing the moral problems growing out of
idleness.
There are three main risks in an en-
terprise like this. First beets must be
cd ha hut INxy
the acre. at so much per ton. Thus
a factory never knows how many beets
it contracts for. There may be over
supply or under-sHpDiy. Next, there
is uncertainty in the amount of sach-
airline matter in the beets, and another
uncertainty is the price OF sugar. A
menacing danger is the competition
from Haw ali, and those interested in
the factory must strive against the an
nexation OF those islands.
The motion was put and passed thai
T. r. Cutler be invited to address the
people of Weber county on a week
from Saturday at IL o'clock on the
raising of sugar beets.
Lindsay Z. Rogers introduced a Yes
olutiOn giving a vote of thanks to tbs
Weber club and the Standard fol
pushing the sugar enterprise.
After the adjournment the stock,
holders planned the articles of incOr-
poration, and a great many of then
paid over 10 per cent Of their subscrip
lions. Only $4,000 was collected, lit.
tie more than half of what will be re
CURED.
Salt Lakers came to the front yes
terday with SAG, 900 for the enterprise
The chief subscribers were: William
Mcintyre, $4,000; John r. Winder, 49,,
500; George Q. Cannon, $3.50 L. S
Hills, 5000; Francis Armstrong, 1000
81, 600; J. r. Barnes, $1,000; Joseph +
Smith, $500.