Salt Lake Telegram | 1916-12-03 | Page 30 | [Illegible] Company Has Big Surplus

1 D 1 pfd C l fa 1 1 rr xV Si s HAS BIG nip S SU Y f F Financial I S Statement ta t emen t foe or jl I 1916 1916 Shows Assets i l lof p N. N of 1 inlO 1 O One e of rte e strongest and most SU substantial sub suh I 1 indications that real estatE I j i activities 1 s s in S' S Shit t Lake and vicinity ba baI shown a splendid d development during I I the last year u arid and d that prospects ar are 1 I j exceedingly brig bright t for 1917 is disclosed II In the financial statement of condition issued by the Bettilyon Home Builders company of Salt LaKe one of the largest largest larg largest est real estate and investment organizations organizations organizations I in the tale entire West WesL The Bettilyon company publishes it its its' financial statement In The Tile Telegram I this morning and shows allows a property investment IDI in investment ID- ID I vestment of and total assets I lof of i I The surplus o 0 the company is shows shown as II This surplus Is larger than that i the company's surplus a year ago The statement is one of the best I ever issued by a Salt Lake real estate concern I The most Important feature of the Bettilyon Home Builders operations operation for the last ten months has been the development of Val Verda the tile beautiful ful tract of acre homesites seven sevell miles north of Salt Lake on the Centerville Centerville Cen- Cen terville carline Careful study for many months was goven to the possibilities to be realized by a 3 man and an acre of ground This Idea is after the an acre and independence project In to California T The e Bettilyon company was convinced con con- convinced vinced after thorough Investigation that tha t the man who is willing to work can take an acre of the rich soil at atI Val Verda build a house that will hav have I all the modern conveniences such as electric lights telephones nearby schools and stores and splendid car service to town and make the ground yield practically all he and his family will eat during the year This arrangement arrangement arrangement ar ar- would cut the cost of groceries gro ceries cres and other necessities down to around 10 a month and thus begin the foundation of financial ence The Bettilyon company therefore purchased Val Verda and marketed the tract aloe along the lines of a s man and an acre Ai AS a a. result of the promulgation tion of this Idea many acres have been sold to Salt Lakers and anil worth of homes built bunt and occupied on the tract with additional homes costing costing cost cost- ing several thousand dollars more under construction