Show J J. R R. Sebree H H. W. W Lane SEBREE LANE Mining and Industrial Stocks and B Blinds Liberty Bonds Bought Wa Wasatch atch Main St St. Salt SaIt Lake City ft A Record of Service We Done t What Have i ib LY o What We Ve WeAre Are D Di Doing t What We Can Do for You y yA I A A little over o five years ears ago in February 1915 1911 the Palmer Bond d Mo Mortgage age Company was foun founded e the first and only general investment banking bon house hone s e in the i ti mountain region Its principal purposes were and md are To supply capital on thoroughly sound security for legitimate 1 purposes To furnish absolutely safe sefa investments to tho the public tr r. r allowing are arc some of the foundation principles of policy which have haye been strictly adhered to from the beginning beg t r Securities shall bo ho purchased and recommended only after thorough investigation is convincing as to their soundness A t J Jl 4 l. t t It Safety of principal and income must bo be the first consideration a J Exact troth truth shall shaU be told as to the merits of all securities offered for sale v I Highest principles of integrity must be observed in all dealings In all an sales of the customer must be considered first regardless of the amount of profit involved in the transaction Starting in a n small way with modest capital but unswerving from these principles es the Company has a record of achievement of which it is proud rond During the tr trall tear r all aU tho the other considerations were put aside for the service of the government go Every member of or the tho organization who did not en enter r active military service was engaged j in ine z zother other forms of war activities Yet despite the sacrifices of the tho war the Company has made consistent steady progress Its volume of transactions now run ran into millions a of dollars and in order to take care of th the growing owing business and to provide for the tho future its authorized capital I has been increased to Within the space of three months in 1919 the transactions of or this office oice exceeded Through close association with strong financial institutions institution's east cast and west a n res result lt of confidence built buit up over O a a. series of or years rears we have been able to handlo handle 1 largo Jarge transactions readily Our customers include some of the biggest institutions in in the corm country Y which bu buy y freely from us is on the tho strength of our investigations and recommendations But a Weare we weare e eare of their business than of the tho steadily increasing number of f and others of small smaIl who trust with their are no Ao more proud W wo we are s 0 wage earners means us savings saving and pay us 10 or more a month in buying securities on the tho installment plan d WHAT WE HAVE DONE Municipal Financing We are the only institution in the intermountain region on specializing in the financing of or states counties cities towns school districts irrigation districts and drainage districts district r Wo We 0 buy outright entire issues of bonds furnishing the money to construct t roads sewers and wa waterworks erect school houses and other public buildings put in in drainage systems and carry out ont other public work A A. partial pu list oo of amounts furnished b by us at nt various arious times for different purposes to states and municipal bodies is as follows State of ot Utah G. G Hazen School District Vernal Utah Ulah Stillwater School District GOO S Salt a It Lake Lak e Cit City Y Utah Nevada State of or Idaho Nevada g Grantsville Utah Utah Ogden City Utah Elsinore Utah 0 Ogdon Sell School District Utah l Spring Suring Cit City y Utah I OOOO Granite School District Utah l OOOO Lo Logan n City Utah t I iJ i 1 Alpine School District Utah Weber County Utah No Xo Sanpete School District Fillmore Utah t jp Ss Washington County School Cache County Utah Utah nl Utah s J District Utah Sanpete County Utah School District Utah Carbon County Utah Nebo School District Utah Drainage Drainage- District No o. o 1 Millard County School District Dis DIs- Richfield Utah s qi Tooele County Comity School District Die Dis Madison County Idaho tract Utah Duchesne Utah t t 1 Utah Mountain Home Idaho Duche Duchesne me County School hool District Dis DIs- Hurricane Utah Uinta County School hool District DIE Dis Dayton Idaho tract Utah nine Bingham Utah tract Utah Price Utah Emmett City Idaho Myton Utah Beaver City Utah Garland GIrland Utah Enterprise Utah 1 Drainage e District Utah Approximately of financing b for the development and improvement o of tho rho intermountain region is represented b by the above and this is only a partial list 3 1 I Government Financing A Aside ido from our ur efforts in behalf of our own g government l loans ans we have ha been cau can about purchasing or recommending obligations of or foreign governments We have c however bought bough substantial amounts and assist assisted d in the distribution of or the following British Secured Loans French Anglo L Lean an Province of or Saskatchewan Canada Dominion of ot Canada External Loans Argentine Government Bonds Bonds Through our out foreign connections we have o also purchased on behalf of customers and without recommendation on our part various arious amounts of foreign government and municipal bonds T J 1 f Corporation Financing Among Amons the local companies with iUt the financing of which we wc have been associated are arc I 1 Amalgamated Sugar Company Compan Salt Lake LAko I. I Utah Railroad Company Schramm- Schramm Schramm John son Drugs DrUbS Inc Utah Power Light Company J J. J C. C Penney Company Albora Albers Brothers Milling Company As members of ot underwriting and selling syndicates we have been original distributors of the securities ics of many strong companies with wi-th headquarters out outside ide the intermountain inter inter- mountain region Among the the issues of which have helped to handle corporations original we are J j Goodyear The Rubber Company Sherwin Co Ca Armour I. I Co Green Star St. Steamship Co 00 Swift Co Bethlehem Ste Steel l Corporation Cudahy Packing Company Pierce Pipe Line Company 1 i J Wilson t Co United Light Railways Company Compan Southern a Railway Company Standard G Gas U Electric Company Nevada California Electric Corpora Corporation on Great Atlantic Pacific Tea Company Sa San Joaquin Light Power Corp Standard Tank Car Company J Loans I i Mortgage cans o e eWe We have bave loaned considerable amounts on Salt SaU Lake Labe City improved real estate te an and d on Utah improved farms WHAT WHA T WE ARE DOING DOING DOING- W We 0 arc are continuing and shall shan continue the policy upon which this business has been built up to its present stage with the thc hope for a 1 steady expansion along sound conservative lines as conditions warrant Our business busine s is investment banking A commercial bank or savings bank receives money on deposit from the public and invests in notes bonds stocks or mor mortgages Cs the money borrowed from its iL depositors As investment bankers we furnish our customers with sound securities of a kind purchased by sa in savings saving banks and insurance companies It is impossible for the individual iud indi vidual to maintain a trained organization to investigate and pass on the merits of various arious investments This is a service which we perform for our customers mers and the public Our municipal bond department keeps in close touch with issues in seven stat states s. s Specially trained men investigate carefully tho security y back of each issue Our legal department employing as ns special counsel the tho ablest and most widely recognized municipal bond att attorneys in the United St States tes makes make sure in detail of the legality of each eh issue issue before we complete its purchase and offer it to our customers Our corporation department with the ai aid of expert advisers investigates proposed corporation issues purchases being made only when the security is thoroughly satis satis- factory In these investigations g we have the benefit of the facilities of some of the largest investment banking 5 houses of highest stan standing ing in the count country with whom we maintain close friendly working relations And as a result of these careful investigations we have purchased and regularly have on hand a wide wido variety of selected investments in which can be safely ely bought with full confidence in their soundness PERSONNEL S 1 1 I Officers directors and department heads beads of or the company are as follows EUGENE B B. B P PALMER ALIER LOUISE S. S URE LE LEMERT ERT P. P VAN VOORHIS RICHARD M M. r. r PRICE President and Treasurer v Secretary Secretary Assistant Manager Manager Municipal l Buying CHARLES W. W BOYD FRED C. C JENSEN GORDON CORDON SNOW CHARLES G. G V VAN AN ALSTYNE Vice President President Director Sales Manager Manager Trading g Department T WHAT WHAT WE CAN DO FOR YOU If You Are re a Public Official Official We can m help you ou in all public financing The trained specialists in our our legal department will assist in the highly technical work of preparing all an the papers incident to the issuance of your bonds We re will win advise you as ns to the best financial plans Vh While le we do not agree to furnish unlimited amounts of money for all aU public purposes our pas record as indicated above e gives an idea of the extent of our facilities We a are re usually willing to pu purchase bonds or make mako loans on a fair basis if our I 0 of f the security ty is satisfactory If You Yon Desire Aid i in in Financing a Going Enterprise e We Ve may be of assistance to you We Veu e are not interested in promotion propositions nor in anything e of a hazar hazardous ous or speculative e nature but if you Jou desire or Of more to to f further the thc the development of a solid substantial established business which 0 can an show a a. record of earnings fora for a a. period of years and which can Mn stand up under a searching investigation ID let us know your needs S v y If You A Are re an In Investor yes to r I. I p We have c a varied list of selected investments which we have e purchased d with our own money after Lhor thorough ugh investigation and which hw Re we offer with our recommendation If You Wi Wish h to Save a and Keep e Your our Money one Safe j r Y You u can buy sound see securities n es from us on the thc installment plan along alons g lines made fan familiar liar in in Liberty Bond campaigns s t Our reputation tion means mean s more to a us than titan your our money does to you 1 TRADING DEPARTMENT 1 While o our r business is primarily that of investment bankers keeping on op hand a stock of high grade securities as a merchant keeps a stock of goods and selling sellin them thena with our recommendation we also maintain a trading department with correspondents in the principal markets of the United States Canada and Europe Jn In this thi we we buy uy and sell for for custo customers standard standard stocks and bon bonds s on order and w without hout recommendation on our part We Ve spec specialize in in securities of lo local a industrial commercial commercial com mercial and financial o al corporations and nd in In all standard bonds Through our connections in in Canada and abroad we are arc in in a position to buy and sell Bell Canadian and Eu European e government bO municipal and corporation bonds We also deal in in foreign exchange i Liberty Bonds are bought and sold for cash on basis of New York quotations notations I w i.- i. I L Fi 11 f I F FR R 1 J J f J If I- I I II I S Bond Mort e COa Cot Mortgage D Suite slug Walker Bank Buhl fe Investment t Bankers S Phones nes Wasa Wasatch h 58 Gov Government Go State C County and md n d Municipal al Bonds Corporation Bonds Bond r P Preferred Stocks v iol Mortgage l t b a e |