Salt Lake Tribune | 1915-02-06 | Page 14 | Y. M. C. A. in Favor of Big Bond Issue

Y. M. C. A. IN FAVOR OF BIG BOND ISSUE Voting Membership Also Indorses the Lease of Its Building to Salt Lake City. A bond issue of $125,1)00 at D per cent interest annually, to mature December 1, 192 i, secured by a trust deed covering all the real estate of the corporation, was authorized yesterday afternoon at a meeting of the voting "membership of the Y. M. C. A., held in the Walker bank building. It also was voted to mako a lease conveying the association's real estate and certain personal property in the building to Salt Lake City for a term of ten years from December 1, 1914, allowing the city to purchase the property prop-erty during the term for $125,000.