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Show .1 CIC.1NTTCJ01IPAT; With a Capital Stock of f 10,000,000 j The .Nailoual Huilillng AssucU Hon la Organized. MUTUAL BUIUDUfG ITS PCBPCSE. The Aisociation Compos I of Firs Incorporators Incor-porators Who Oranijed tfca Big Concern. The National Buildin and Loan association as-sociation of Salt Lako lay, with a capital cap-ital stock of ft0.00O.00O. divided Intn luo.ooo shares of J 1 00 each. tiled article of incorporation this morning with the territorial secretary. Mr. SWIe. The new company Is one of the largest lar-gest building associations ever organ Uod in tho west. The purpose of the association Is for the establishment of mutual building, loan and homestead association within the territory of Utah and holding property and of Incorporating Incor-porating for that purpt under tha law of the territorT euaUinj asaocla. lion of persons to become a body corporate cor-porate to raise funds to be loaned only among members of such organisation. The dur.uion of the corporation will bo fifty years, unless sooner dissolved according to law. The object of the husiuesa will bo to ao qulrn and accumulate by cooperation, co-operation, money and loaning it to the member uf the association for the purpose of building aud lniprorln homesteads, and further for the purpose of accumulating a fund to be returned to members necessary to accomplish Lhn objects of mutual building, loan, and homestead associations. The stock w ill be divided Into claasea, common aud preferred, In monthly se-rles; se-rles; the accounts of the common and preferred stock aw ill be kept entirely separate, each reaching matur-liy matur-liy on a bui of its respective earnings. A member may take or hold not leu than three nor more than thirty share of preferred and not leas than two share of common. Tim annual meeting of the assoclg. ti.m will be held ou the first Monday Mon-day of April of each year, at which timo director will h elceted for thn ciiaulng year. A special mel ting of stockholders may be called by the board or upon requisition requi-sition signed by not Us than tlfUoa members of the association. The lui-tirMratori of the new aocla-lion aocla-lion are, A. W. Grant. John W. Don-nellan, Don-nellan, Harry K. Wiuans, Elijah Sell, aud II. P. Mason.' ' .l , |