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Show TOOELE BUILDERS FORM ASSOCIATION Company Proposes to Transfer Improved Real Estate for . Stock at Market Value. Seeking to bring to the attention of as many persons as pOBStblp the business busi-ness chances and industrial and commercial com-mercial opportunities presented in Tooclo City, the Tooele Business association asso-ciation has started a campaign that is in somo respects unique. Local officers of tho association assert that the stock in tho orgnniwi ion-which ion-which has now been in operation about a year, was fully subscribed. The com-pnnv com-pnnv haa receutlv issued a circular in which it claims an income of moro than $12,000 on its improved properties in Tooole. It has considerable property favorably situated, in Tooole, i. . tho newer part of tlic city, known officially as "plat C." nnd constituting that, part of the townsito which was added when work on the International smelter started. This property the company pro--:zzz o handle as an ordinary building and real estate compnny. Notwithstanding Notwith-standing all this, some of tho shareholders share-holders have turned in a part ot their stock, and this is now being oficrcd for salo at par. Tho numbor of shares any one person may tako is restricted, it being one ot the stated objects of tho company to get as many persons as possible interested inter-ested in Utah's newest rsmcltcr city. The building association is thus, in some respects, a practical booster for the city. Another paragraph in the association's associa-tion's circular is also somewhat out of tho ordiuarv. It roads: "The Tooele Building association agrees with its stockholacrs that at any lime a stockholder desires to pur-chaso pur-chaso any of tho property owned by the association, such property will be sold to him at a value to be fairly determined de-termined by the board of directors; and the purchasing stockholder may pay for the property in stock at its market mar-ket value, as determined by the association; asso-ciation; such market value not to be less than par " Tho circular al?o contains an advertisement adver-tisement of the celebration to bo held at Tooele, Saturday, July 23, which will bo tho opening day of the International Inter-national smcltor. The officers of tho Tooole Building association nro John Hickey, president; Thomas Homer, vico-preaident; Judson B. Smith, secretary, nnd G. A. Sicvers, treasurer. |