Plymouth High School - Mayflower Yearbook (Plymouth, IN)

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.Annual Report on the Stockholders The stockholders of Lincoln High School have had one of their best years so far as profits are concerned. Hard work on the part of the principal’s office, the superin- tendent’s office and the faculty, coupled with the stockholders' serious desire to gain, brought forth large profits in the form of information and a knowledge of how to use it. In the following report the committee will endeavor to give due credit to those who have had so much to do with the success of this year’s campaign, and rec- ognize the co-operation of the stockhold- ers themselves. 12 DIRECTORS AND SHAREHOLDERS

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Stockholders Are Benefited by Complete Equipment Mr. Hermanson teaches those students in- terested in chemistry the subject by having them do actual experiments themselves. In the mechanical departments of our cor- poration, such as typing and shop, many weeks are spent in instructing workers as to the vari- ous uses of the different types of equipment. This instruction is absolutely necessary before work begins in order to insure more efficient production and a high rate of profit to the stockholders. Thus the committee reports that in proportion to time spent on instruction, the time saved by the resulting efficiency was com- mendable. WITH COMPLETE EQUIPMENT begin each new fiscal period with new or well-repaired equipment. This equipment is given periodical check-ups and taken care of as necessary. A large share of its de- preciation is due to careless handling by workers, and so therefore, a program has been set up by the corporation to decrease this depreciation to a minimum. This program has worked effectively and the committee now reports only a minimum depreciation rate. li

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