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Show HISTORY OF SANPETE COUNTY. 86 tors now number hundreds and assets reach about onequarter million dollars, with a surplus of $15,000, and steadily increasing business. Regular dividends are paid in semi-annual installments and interest is compounded quarterly on time deposits. The official directory consists of the following well-known and thoroughly responsible citizens: L. T. Tut tie, president; James Crawford, Jr., vice-president; P. F. Dyreng, cashier; J. Hatten Carpenter, assistant cashier; J. R. Maiben, \V. G. Crawford, F. P. Turtle and Lewis Anderson, members of the board of directors. The Central Utah Wool Company was incorporated in 1891 with a capital stock of $25,000, the shareholders and directors being chiefly residents of Manti. This company begau in a small way by handling wool and sheep on commission, but soon did such an enormous business manufacin buying and selling direct from grower to turer that the commission work was practically abandoned. The men who formed the first directorate are mostly engaged in the same business and have built up the greatest money-producing house in this city. The annual sales amount to about one-sixth of the entire wool clip of the State and some purchases are made in Wyoming. Energetic and up-to-date buyers are engaged by this firm and during the wool season may be found in every sheepgrowing section of Utah, distributing hundreds of thousands of dollars among the people. The first board of directors consisted of Ezra Shoniaker, president; James Metcalf, vice-president; Lewis Anderson, secretary; L. K. Anderson, assistant secretary; Albert Tuttle, treasurer; with Luther Tuttle, W. G. Crawford and Niels Thompson. Under their wise management the company passed through the financial panic of 1S93 and now stands among the best dividend-payers of central Utah, with patrons numbered by the hundreds. The company also |
