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Show Appraisers Prepare For Parley in S.L. W Olof Olson once appraised the value of a small insurance agency "Its physi-ca- l assets were an old desk, a filing cabinet and a typewrithe recalls "At best, er, Bu I they'd bring $'00 Mr. Olson who is both a pnvate real estate appraiser and California inheritance tax cited a recent upm calls for personal-propertswing More appraisals and more people are asking for appraisals on antiques, art objects, coins, stamps and gems, he said, indicating theyre seeking out referee y alternatives to Mr. Holbrook Mr. Olson appraised the agencys value at $150,000. Mr. Olson arrived at the figure by evaluating what he calls the intangibles agencys goodwill, its exper- tise and its clientele. Thus, he theres often a wide says, difference between cost and value. The Californian and international president of the American Society of Appraisers was in Salt Lake City Saturday to lay groundwork for a five-dainternational conference next July at Hotel Utah. y Alms for Others One of worldwide Lake City, others in said Dean the societys 80 chapters is in Salt but its aiming for Provo and Ogden, S. Holbrook, appraisal supervisor for the Utah Highway Department and local chapter president. al more-tradition- stock market real estate investments. or Reg. 169.95 Sale 129.95 JCPenney radio phonograph, playback component system features solid state chassis, headphone and speaker jacks, pop-u- p tape system, BSR complete with replacement cartridge, two size 11 x 9 Vi x 7" speaker cabinets with tweeters and woofers In a fluctuating economy, the appraisers role is to minor existing conditions ... to determine fair value," he said But the "intangible elements make such assessments highly complex. "Anything he you have has a value, continued, any knowledge you possess ... any power ... any nght. Seeks Certification Because the profession mmi-chang- er, is none generally unregulated of the 50 states tests, licenses or otherwise supervises appraisers incompetence and has infiltrated the politics field, particularly in the East, Mr. Olson declared. Thus, the society currently is pressing for such certification and regulatory programs. At next Julys conference, he added, the society will announce publication of a comprehensive bibliography of Reg. 299.95. Sale 269.95. 4 channel radio phonograph8-trac- k tape player. Features include solid state amplifier with meter tuning, all lacks and pushbutton stereo control, 11 record changer, stereo tapes and tape deck set to play 4 channel discrete tapes, 4 walnut cabinet speakers appraisal-relatematerial the first in the field. Five years m compiling, it will list over 13,000 reference ltpins, both from U.S. and overseas sources, he added. Condominium Building Stirs Up Controversy Special to The Tribune BOUNTIFUL Mayor Morns Swapp has challenged a group opposing condominium construction to seek a grand jury investigation if they feel there is offical wrongdoing connected with the citys proposed condommium ordi nee. The city council sent the controversial ordinance back to the city attorney for further study at Wednesdays council meeting. A motion by Councilman Preston Hughes for a moratorium on condommium construction died in - the meeting The mayors challenge was directed at the Bountiful Inmate Torch Critical in S.L. Hospital Pierre Andre Nelson, 32, Utah State Prison inmate, remained in critical condition Saturda; at University Hospital. 80 couple were listin satisfactory condition Friday at Cottonwood Hospital, recovering from gunshot wounds they suffered in an argument Aug 1C at their residence A Riverton ed William Tyree 45. 12910 S. 18th West, and Gay Tyree, 0, same address, suffered iber gunshot wounds. 25 cal- H Vo! 0 0 0 0 0i Save$10 Save$20 Reg. 69.95 Sale 59.95 3 pc. stereo component system Sold state chassis, slide controls, 3 speed Reg.129.S5Sa!e109.95 JCPenney 3 pc. stereo component system with AMFM radio. Solid state stereo tuner, FM stereo chassis, AMFM-Findicator light, BSR mini changer. 4 speed turntable, two 6V?" full range speakers. 8 BSR turntable, speaker and headphone jacks. Two 6 x4 ' speakers. Walnut finish wood cabinets. Roads Agency Approves New Engineer The State Road Commission has approved the appointment of Alex E. Mansour Jr , road-wa- y design chief, as m.w District 5 engineer for Millard, Beaver, Iron and Washington counties. l Mr. Man sour, 42, replace y 2 Shot Victim Record Gains S OJDl6OJ0J3 Jay Mitton, attorney for the association, told the mayor he would not use the threat of a grand jury investigation as blackmail, but apparent conflict of interests connectd with the condommium ordinance could necessitate an investigation . poured a flammable liquid on him while he was asleep and ignited it. Nelson. xu.i The mayor said for the association to come before the council cr a city offical and threaten a grand jury investigation if the ordinance is passed, is blackmail. Tuesday when someone charging attempted criminal homicide m the assault on lyuwii www 00 OjO 0 O0OO00 Home Owners Assn. The association has previously challenged the citys current condominium ordinance in 2nd District Court. The inmate was burned over percent of his body last Another inmate, Earl W. Anderson Jr, was transferred to the Salt Lake Jail Fnday in connection with the incident. Deputy County Attorney Paul Van Dam issued a complaint against Anderson ZE Mr. Mansour w w. - r-- v,v.- will Dean .1"; vi. I if tj ' Smith, who accepted another state. employment in The new district chief will move to Cedar City and assume his duties soon. He is a member of Tau Beta Pi, honorary engineering fraternity, Chi Epsilon, civil engineering honorary fratcmi-ty- ; and is a member and past president of the Ute bsociety cf Professional Engineers, Salt I.ake chapter. ,t' v Save 696 Reg. 39.95. Sale 32.99. AMFM Weatherband digital clock radio Has n snooze button and weatherband High impact woodgrain plastic cabinet Reg. 59.95. Sale 49.99. Portable stereo 8 track tape player operates on house current or batteries Attractive high impact plastic carrying case in red, orange or white Includes owner s manual and 8 batteries push-butto- Buy now, pay laier Use your JCPenney Charge Downtown Cottonwood Mail 4 W-'-l-i V - 4 f ' ' . He is a registered profess-siona- l engineer and holds a master's degree in civil engineering from the University of years 4 y.i 1 has Michigan. Mr Mansour has been with the Utah Highway Department since 1962 and has held his present position three rfc A) cm v ttWVxps J Save 696 Reg. 29.95. Sale 22.99. Portable cassette playerrecorder with automatic shut off Includes earphones, microphone, blank cassette and batteries Sale prices effective thru Saturday. JCPennev -- We know what youre looking for. Valley Shop Monday through Friday Fair-Grang- er till 9 pm. Valley Sunday 12 to 5 p.m. Center-Bountif- ul Orem-Universi- ty Mall Mon. thru Fri. till 9 p.m. 1 A |