Show Up an and Down the Street Coast Hotel Bought Bought by Realtor B By Robert W. W V. V J. J D. D Gardner Salt Sal Lake realtor Fiday Friday was vas wa reported to have paid pale for the luxurious Georgian Georgian Georgian Geor Geor- gian apartment hotel at Ocean OceanFront OceanFront Front Font ave Santa Monica Monica Cal Ct Mr Gardner exchanged the Greenway Terrace motor court al at at Phoenix Phoeni Ariz and ad added In i cash for possession of the te eight- eight tory etory California property George Nichols and associates i In the Wilshire Investment nt Co were wee sellers of the te Georgian Mr r. r Gardner had owned the te lodge since 1046 1946 The Te G Georgian was a said to be in fri excellent shape by friends of the te Salt Laker The transaction was supervised by Richard Bird attorneys Charter Granted Siver Silver Bay Mining Co which has 11 17 patented claims near Silverton Silverton Sil- Sil Si- Si verton San Juan Jua county Colo Cob has been granted a corporate charter charter charter char char- ter by the te state of Utah Ut it was announced Friday The stock of the company is and ad closely held by bya a number of Officers of the firm include NR W. W R. R Cormack Silverton Colo Cobo president pres ident Ray Ry V. V Salt Lake City G. G L. L Zanoni Silverton Newell Newel L. L Linquist Tremonton Utah Uth verton and ad Ernest S. S Hoffman Sil- Sil S1- S1 Trading Shows Rise Dollar Donar value of shares traded on the te Salt Lake Stock exchange during August Augst totaled compared with wit for the same month mont in 1947 it was wa re reported reported reported re- re ported Friday Number of shares traded last month equaled compared with Biggest traders were Silver Siver Shield shares Crescent Eagle shares and ad Mountain Moun Moun- thin tain ti shares States development Discovers Ore The New Park Mining Co C. C o. o has ha discovered bedded ore near its it main shaft shat on the foot 1020 level W. W H. H H. H Cranmer Craner president announced announced an an- an Friday Assay of the te ore is about 42 a ton whereas yield from present fissure ore is around 26 26 a ton he said sad Drifts Drift are being driven on both sides of the bed which appears to tobe tobe tobe be of substantial size Mr Cranmer Cranmer Cran Cran- mer flier added The bed contains about an equal value of silver and lead lead Grants Grant Charter The Te Utah Ut secretary of states state's office has granted a charter tte General Connor Mining Co a a joint subsidiary of the New Park Mining Co C. C and the Exploration Exploration Ex Ex- Co Fred J. J Searls Seals Jr New York president of f heads the te firm while W. W H. H H. H Cranmer Crannier Craer president of of New Park is I listed as vice president Capitalization is with wih 1000 subscribed S. S L. L Speaker Chosen J. J A. A Salt Lake insurance insurance insurance in in- man Friday accepted an invitation to t speak before the Nevada Nevada State Insurance Agents Agents' Agent convention in Las La Vegas Vega on Sept SepU 11 11 List Ls Death Benefits Benefit A total of was wa paid out in death deat benefits to t by life insurance companies companes during the first six months of 1948 te firt it i was wa announced Friday The institute of life insurance reported that tat of the te total of 1350 claims claim paid was wa for ordinary insurance for |