Show PAIIJ ITS FIRST DIVIDEND I Tontine Investment Company Snr I priseil Even Its oiulhol s I Although it has been in operation I Tontine Invest I but a few months the Tontne ment company organized by a num j her of progressive spirits in the local commercial and financial world has I demonstiated that it can do fully as well as was represented would he theca the-ca e by its incorporatols This demonstration I dem-onstration is of a very substantial nature for yesterday the board of directors I di-rectors declared the first quarterly I dividend and during the day those dildenc bondholders who received the notification I notifica-tion in time secured their money This dividend was for 330 on every 51000 I which means that the receive re-ceive back as earnings nearly onehalf of their total payments for the past I three months For instance a bondholder bond-holder is paying 250 per month on a bond of 1000 He has paid into the I treasury of the company the sum of I 750 or three payments On his 1000 according to the declaration just made by the board of directors he is receiving receiv-ing the sum of 330 This comes to him in cash The novel and remunerative methods meth-ods of the company have interested a large number of the citizens of this territory since the organisuion of the institution and its field is being rapidly rap-idly enlarged there now being employees em-ployees of the company In nearly every state and territory in the west I is the intention of the company to establish I estab-lish branch houses in every state of the Union but Salt Lake City will bo I the general headquarters |