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Salary Fixe At $3,000 A Year

Salary Fixe At $3,000 A Year image
Parent Issue
Day
14
Month
March
Year
1902
Copyright
Public Domain
OCR Text

SALARY FIXED AT $3,000 A YEAR

RECEIVER JOHNSON FILED HIS BONDS WEDNESDAY

And is in Complete Charge of the Plant of the Ann Arbor Printing Company

Charles Johnson, the receiver for the Ann Arbor Printing company, has filed his bonds of $15,000 and is in charge of the institution.

He appears to be a very careful and safe man and one who is as full of business as a Northern Michigan beet is full of sugar.

When it carne to agreeing upon his salary the suggestion was made to him that he be paid $2,500 a year.

"Couldn't think of it- am too busy," was his reply.

He finally agreed to take the receivership at $3,000 a year and the court ordered that his salary be fixed at that rate.

Mr. Johnson's power as receiver are almost unlimited. He is in practically the same position as if he was the sole owner of the plant - to do with it as his judgment dictates. He has the confidence of all the creditors and will undoubtedly make a good showing for the concern.