| Show til the salt lake iak talley loun lear trust co I 1 its it operations one ot of the most powerful factors in the development and up building of utah Is the salt lake I alco valley loin trust company this TAIs institution which was organized in isio combiner comb hico conservatism and enterprise in the proper proportion and has haa built up an extensive find and profitable busina business sel on a solid basis it la is purely a home corporation and therefore there is tsi tsieia espee eil itil cause cattle for or local pride in its success its ofil officers cers and directors are fill all salt sait luke lake men nearly cul all of its stock being by citizens of this city mr sana sam J kenron benyon the secretary und and treasurer Is the companas comp anys active manager sir mr kenyon enjoys a high reputation as 03 a shrewd and careful firlan den cser 1113 knowledge ot of the districts in which tile the company makes loans Is complete and no application appU callon for a loan receives his bis approval unless the security offered la Is unquestionably un safe kits ur mr benyon la is also cashier ot of the r first arst national ild aal think dank of park city one of the belld institutions of utah associated with sir mr kenyon tn in tho the management of the comp companas compan anys yB affairs L la x mr 0 J salisbury who Is widely known as one of foremost citizens while sir salisbury Is conservative in hi financial matters in which conservatism Is needed he be Is 13 also progressive and public spirited and Is active ta in promoting the industrial development of thi the in ler mountain country supporting Support lne the two gentlemen pant lemen named in their work jn demit behalf of this institution are atre the tol fal lowins directors whose standing tin an capitalists and business men Is of the hi highest hest W S mccornick McCorn lck G W dow uey robert harmless hark riess rimal luel kahai m TV W chisholm david koith keith james jamea and simon Eam bamberger berger during the past pas year the company min parly frai carried carric d out the plan formed by it a year ago to extend its operations into idaho idabo arid and it has found the experiment so FAtis satisfactory factory that I 1 it proposes es to len enlarge large its atus business nes a in all that D state LV and it ata prove on an impe important argant agency in promoting the development now under way there the compa company riv has also investigated the opportunities offered for investments in the valleys of san bin pete and bavler counties and tile the ex cx has given its officers stron faith that those districts cannot ie be sur bur passed as fields tor for profitable pron table loans loana and they will operate extensively in them during the coining year the business of the company has bast grown during the year 1891 and h has been very satisfactory though the pronta profits of the year justify the payment t of s a large dividend the directors have it wiser to declare a smaller one and uso use the remainder rema ander of the earnings to build up the surplus fund which demonstrates their faith that the com haaya earning capacity for money left la in its bands lo Is superior ru perlor tha company mates makes cl a specialty of salt lake city real estate loans and trim has for eala guaranteed not notes md ind londs bonds in amounts to suit it also transacts ix general luan ivan and dir discount count business buys and sells bells negotiable securities bonds not notes drafts bills of exchange and evidences of indebtedness mid and exercises general trust powers by appointment under tind rr deeds of ge us as assignee or receiver of pro property paMy and as the executor of wills md and administrator of estates in sAdi addition tion to market marketing inu its loan securities curi curit ties les which are in sums suma ranging from to the company issula debentures or interest be bearing axing certify calm ames in sums of anil and multiples thore thereof of bearing C G per cent into interest re at arr annum payable aerni ann annually u a ily cepro by attached coupons these d debentures ben tures 9 are re by a deposit of double the hie amount of first mortgage mort Bage oana and every doben debenture tu r a has endorsed bors ea upon it tire the certificate of the axe bank in which tho 0 deposit Is maie made abat it holds such mortgage mort gaga loans in trust for its redemption and that it is fully empowered to collect or Bell such loans when necessary for such redemption these debentures are payable at the tha end of any frit interest ert period but may run three years at the option of the holder they aro ara recommended as in the highest degree the principles of profit and security Kecur ity |
