100
THOMSON'S MANUAL
UTAH-IDAHO SUGAR COMPANY
GENERAL OFFICE: Vermont Bldg. Salt Lake City, Utah.
HISTORY: Incorporated under laws of Utah, 1907, as a consolidation of the Utah
Sugar Co., Western Idaho Sugar Co. and the Idaho Sugar Co. In 1916 the Ore-
gon-Utah Sugar Co. was acquired.
BUSINESS: Company operates sugar mills and produces beet sugar. It ranks
among the largest beet sugar producers of this country, its output comprising
sver 10% of United States production. The business has been carried on since
1889. 3
PROPERTY: Company owns approximately 24,539 acres of farm lands, which
with a small exception are under intensive cultivation. It owns and operates
8 sugar mills in Utah, Idaho, Washington, Montana, South Dakota and Alberta,
Canada.
SUBSIDIARIES: Owns all the capital stock of the Canadian Sugar Factories,
Ltd., which was organized in 1925 to handle the Canadian business of the com-
pany.
EXECUTIVE OFFICERS: Heber J. Grant, Chairman of Board; W. H. Wattis,
Pres.; C. W. Nibley, Vice Pres.; George Albert Smith, Vice Pres.; Willard T. Can-
non, Vice Pres. and Gen. Mgr.; W. T. Pyper, Sec'y. and Asst. Treas.; W. Bert
Robinson, Treas. and Asst. Sec'y.
DIRECTORS: Heber J. Grant, C. W. Nibley, George Albert Smith, Fred E. Smith,
EB. O. Howard, Joseph F. Nibley, Roy Bullen, Paul F. Keyser, Stephen H. Love,
W. H. Wattis, Jasper W. Tully, G. G. Wright.
EXECUTIVE COMMITTEE: C. W. Nibley, Heber J. Grant, W. H. Wattis, E. 0.
Joward, Stephen H. Love.
ZENERAL AUDITORS: Ernst & Ernst.
Fiscal Year Ends: Feb. 28.
CAPITALIZATION, As of Feb, 28, 1930
"Par Value Authorized
7% Cum. Preferred StocK.....ccee.. $10 $5,000,000
Common Stock .... een amnn ee amemnn $6 $15.000,000
i. 7% CUMULATIVE PREFERRED STOCK
Provisions: Has preference as to as- and thereafter 134 quarterly to March
sets and 7% cumulative dividends. 31, 1929. None thereafter to Feb. 1930.
Callable: At 102 and accrued divi- T » A t: etary’'s office,
jends to 1930, after which date $300,- gar ides Agen: , Beer ary's o
)J00 Preferred a year must be retired , ; ,
at par. Registrar: Secretary's office, Salt
Voting Power: Each Preferred share Lake City, Utah.
s entitled to two votes per share. Listed om: New York Curb Ex-
Dividends: 101%9 paid Apr. 30. 1923. change and Chicago Curb.
2, COMMON STOCK
Dividends: 1907 to 1913, 7%; 1915, Transfer Agént: Secretary's office,
119%: 1916, 129%; 1917, 10%; 1918, 6%; Salt Lake City, Utah.
1919 to 1920, 9%; 1923, 19%; 1924, 5%; Registrar. Secretary's office, Salt
1925, 3%; 1926, 2%: none thereafter to Lake City, Utah. .
Feb., 1930. (Mav. 1917 150% stock di- Listed on: New York Curb Exchange
ridend.) and Chicago Curb.
COMPARATIVE INCOME STATEMT™™™. Years Ending Feb. 28
1929 1928
age "AR © 834,783
wr 949,319
$-114,533
210,000
$ -324,533
Net Earnings .coo.c......
Depreciation o..cooiiiiiiees
Net Deficit coos
Preferred Dividends ..............
Surplus Deficit for the year ...........- I) 153,468
COMPARATIVE CONSOLIDATED BALANCE SIIEET, As of Feb, 28
ASSETS— 1930 1929 1928
Plant & Equip. (Less Deprec.) ...............$19.454.253 19,952,985 $19,532,603
INVEStMENtS —ooooeiimeieeeceeeacannnnns oe . + rr g 103,129
Jontracts Receivable .occeeeeeceeceer 17 209 2 57,164
Mortgages Receivable ___.....__.._..._... . 4 : 82,229
Advances ooo... eee eee on "8 2,900
Misc. Assets ..ioceee.n I 04 717.846
Deferred Accounts ......... “1
Current Assets:
VERY orrmcnpmmpsrmnmsmansn myn ma ifm nin nib mn SEARS ESR
Notes and Accounts Receivable................
INVONLOTIEE cio ssnsmminpmeimsmmmmses amar memm x
Materials and Supplies... iiiians
Total Current Assets... ooo... $10.142.7¢
TOTAL ASSETS ooo. Co $30.712.020
