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Newspaper
Paris Post
Location
Paris, Idaho, United States of America
Date
Sep 28, 1922
Page
6
A Utah Power and Light Co. advertisement urges readers to invest in its preferred stock with quarterly dividends paid on October January April and July. It touts reliability with years of uninterrupted payouts and cites a hypothetical example: ten shares could yield about seventy dollars annually without extra work.
The Utah Power & Light Co. promoted as a solid, not speculation driven investment. Incorporated in 1912, it grew from 39 000 customers in 1913 to over 80 000 today. The firm highlights its assets as firmly grounded in the ground and its home enterprise status in local communities.
A list of executives includes Stephen H. Lowe sales manager and director at Utah-Idaho Sugar Co based in Lake City Utah L H Farnsworth president of Utah Oil Refining Co in Salt Lake City and J W Nibley presiding bishop of the LDS Church in Salt Lake City Utah.
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