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Show ENTERPRISE I Lenders apply peer pressure voluntary mortgage loan review board, regulated by peer pressure rather than by government control, has been appointed by Salt Lake Mayor Ted Wilson. The board will create a dialogue between lending institutions and borrowers, promote peer pressure among lenders, and offer a shared risk" advantage to the banking institutions involved. Kit Sumner, chairman of the board, told the Enterprise. "Clients assume a lender is speaking for the entire lending turns community when he down a loan, said Sumner, executive vice president of Western Savings. Through the board, they will learn otherwise - that if X wont lend, someone else will. And if a bank turns down a loan for locational characteristics, peer pressure may force it to reconsider the loan when others arc willing to take the risk." The board will meet with citizens who feel they have been discriminated against in obtaining home loans, and force in provide a redlining problems. Also appointed to the committee were representatives National from Zion's First Bank, First Security Bank, and First Federal Savings Loan, and Prudential Federal A -- THE MOST SENSIBLE WAY TO GET THE MAXIMUM RETURN ON YOUR RECREATION DOLLAR IS TIME SHARING GET A HEAD START ON A GOOD TIME Leisure Time Share Club has it all! Affordability and fun for family vacations. Now you don't have to buy a $25,000 motor home to enjoy all the luxury and freedom it can provide on your vacations. Thinking of a great Christmas gift? Our Club has a better way! Consider: The national average use after the first year for motor home owners is 17 days per year! That means the motor home is sitting idle for 1 1 Vi months while you still pay finance maincharges, taxes, insurance, storage, tenance, service, etc. Renting a motor home makes more sense. But the Time Share Club gives you the pride of ownership at less than half the cost of renting. And you can freeze that cost for the next ten years! The Time Share Club offers three basic let you memberships with enough options to tailor them to your vacation needs. Through computerized scheduling each member may confirm reservations for the use of the motor home within minutes. Our motor homes arc luxury coaches with full bath with shower, comp8 lete kitchen facilities. AMFM radio with track tape deck, CB unit, cruise control, etc. old And none of our coaches are over two years newest so you know that you arc getting the motor homes possible. The motor homes arc maintained on a regular basis for trouble free the pride ol driving. Our members enjoy or less for the ownership at a cost of $200 a year ng Savings. average user. And no mileage charges! No limits! Time sharing is the most logical approach inflation. Put it together to offset ever-risin-g for yourself. Renting a luxury motor home is approximately one fourth as expensive as ownership. With our Leisure Time Share Concept you retain the advantages of half ship, but without the headaches and at one the cost of renting! No mileage charges cither! For more information and a free brochure call today! Act now! Charter memberships arc still available. Rates arc subject to national rental A averages and may change after the first year. small deposit will secure your membership at today's cost. owner- LEISURE TIME SHARE CLUB OF AMERICA Leisure Time Consultants NATIONAL HEADQUARTERS 257 WEST SOUTH TEMPLE SALT LAKE CITY, UTAH 84101 (801)521-741- 1 self-polici- Three citizens groups expected to be represented on the board have not yet been appointed. Revenues up --earnings down Revenues increased 27 per cent, operating income rose 17 per cent but net income dropped slighly for Intermountain Laboratories during the first nine months of its current fiscal year. Executive vice president William L. Beers reports for the period ended Oct. 31, rose to to $1 ,827,144 compared $1 ,442,859 for the same period of 1976. Operating income for the nine months was $173,607 versus $158,168 for the period a year ago. 1977, revenues Net income declined from $113,616 or 15 cents a share last year to $90,433 or 1 1 cents a share during the latest period. The decline, he said, came as a result of a carry forward used in 1976 to reduce taxes, a gain from the sale of assets during 1976, a loss in 1977 from startup expenses associated with a packaging venture and an increase in general and administrative eximpenses due in part to the plementation of a new' employee incentive program. |