Show CONCERN SHOWN SHON SHONTO TO THRIVING BE Salt Lake Security Trust Company Declares Its Reg Beg Regular Regular I ular Dividend At the meeting of the directors of the Salt Lake Security Trust company the regular semiannual dividend of or 3 per percent Percent cent on the capital stock of was de declared declared dared This dividend is the th seventh that has been declared since the of Othe the company compan Since the company c was formed it has paid 2 per cent in divi dividends dividends to the stockholders With this the th payment of this dividend t ere remains in the treasury of the company In undivided profits in addition to the regular surplus of The report of or President F E McGurrin to the board of directors showed that the recent financial stringency instead of in injuring InJuring injuring juring the business or of the company in increased Increased increased creased it materially This was due to the fact that many persons withdrew their money from banks and purchased real estate and mortgage bonds I During the year It was shown that an immense business had been done in selling homes on Installment nearly young oung married couples living In their own homes while paying for them Business in all the departments showed a material in increase Increase increase crease During the year ear the new safe deposit vaults were Installed at a cost of oC The company now owns in real estate purchased for the purpose of Improving It None of or this was acquired by b mortgage foreclosure Although the company does docs a large mortgage business loaning money to homebuilders it has not In its existence made a single foreclosure o oThe The report of W by J 1 Bateman flateman the certified certified certified public accountant who made an ex ox examination of or the books a short time ago showed that everything was correct |