Show UTAH MONEY CI 81 o Of INDEPeNDENT TEL PHONE SYSTEM The securities of the Utah Independent Telephone company will shortly be transferred transferred trans trans- to a syndicate composed mostly of ot Utah capitalists declares Elmer B. B Jones managing director of ot the company compan who has Just returned from the e east cant Bt He de declares tIc tIc- clares that It Is 18 still sun too early to make mako public all nU tho the details of or the transaction Ho He declares that the syndicate Is now be beIng being being be- be ing formed and something over oyer half halt a million dollars has been beon promised Two payments of ot each havo have already been made mado and an extension to Much Match 16 15 has been bean made for tor the remainder Mr Jones says sayE It Is intend Intended d to make tho the syndicate as brood broad as 83 possible possible- In order to Interest the of the tate state of this Independent ent Telephone movement mo It Is Intended to connect as many as lUI possible of ot tho the In Independent Independent Independent In- In dependent exchanges of ot Montana with the toll lines linen of oC our company In order to units unite the widely scattered Interest of ot the Independent companies The Independent movement ho says la Is receiving good support In tho the east George T. T Odd Odell who accompanied Mr Jones on the trip did not return with him but w wa was detained In Now York on business |