Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1903-06-02
THE NEW SUGAR
COMPANY'S PLANS
Il viii Work in Harmony With
Other Concerns,
PRIEST. NIBLEY'S STATEMENT
The Company wiz Organize ior u
Million Dollnrs, aud VIII De
Ready by the Pail OF 1904

The announcement that another
sugar factory is 10 be erected IN the
north end Of Cache Valley by a new
company, made in last nights News "
created considerable interest in sugar
circles here and In Ogden, especially IN
the latter city where the advent OF a
new concern was looked upon as a pos
sible competitor In valley hitherto oc-
cupled exclusively by the AmaIgamated
company.
The statement from the Logan corre-
spondent Of the News" however con-
tanned a number OF errors, and Mr.. {.
w. Nibley, who IL to be president OF
the new company. requested that they
be corrected. They occurred IN giving
the list OF directors. The correct list
should have been. G. w. Nibley W, ii.
Lewis, Joseph Morrell, Geo {. Parkln-
son, y ~ WOodIuu'
Rudger Clawson, Joseph Howell and Is,
H. Hendricks. The name of the new
company win be the Lewiston Sugar
company and II will be located at Lew
iston, Cache county, Mr., Nibley VIII be
president, w. II. Lewis, vice president,
Joseph Nelson, cashier Of the Utah
National bank, treasurer, and c. w.
Nlbley Jr., secretary. The articles OF
incorporation Will be filed In Logan to-
day. The capital Will consist OF $1,000
900, of which one half Is TO be paid up
in time 10 erect a plant, whichit Is ex-
pected Will be in operation by the fall
OF 1904 The company Will own over
1000 acres Of choice beet land in and
around Lewiston, Mr.. Nibley said yes
terday that the entire capital had either
been subscribed or spoken for,
Mr.. Nibley has had considerable ex-
perience in the sugar business, having
been treasurer and one OF the directors
OF the original ogden Sugar company,
and later OF the Amalgamated. He.
however, resigned his position some
time ago.
The company gives out the following
statement OF its plans:
I'VE have been quietly working for
some considerable time past In securing
what lands We may require for the pur-
pose OF raising beets for the proposed
sugar factory at Lewiston We have
now some 2lO0 acres OF good land
bought at reasonable figures, and in
close proximity TO the factory site, We
purpose cutting this land up into small
parts and putting families thereon to
raise beets for the company, quite a
number OF beet contracts have also been
secured from the farmers In Lewiston.
We would like every farmer who raises
beets for our company to become inter-
ested with US as a stakeholder. Indeed
Il Is our desire TO make the enterprise
as nearly a cooperative one as II Is
possible 70 do. There has been some
opinion expressed that we might con-
hlct somewhat with the interests OF the
factory at Logan. We desire TO assure
the public that so far 9s We are con-
cerned there viii be no conflict what
ever. We think We can secure all the
beets we will require, and yet not 20
within Is miles in any direction OF the
Logan Sugar factory. We shall do
everything In our power TO act In en-
tire harmony with the existing sugar in
terests OF Utah. We do not see the least
occasion for conflict, In district Of
Colorado not as large as Cache Valley,
OF which Greeley Is about the center,
there are today five factories, and two
more In the course Of construction 40
that we do not think Cache Valley win
be over-crowded with factory at
Lewiston. and II Is difficult for us to
believe that we would not be permitted
to peaceably conduct our enterprise in
our own small corner Of country, on our
own land, and among our own home
people"