Salt Lake Telegram | 1916-07-02 | Page 22 | $250,000 Loan is Secured by Radium

I LOAN IS I SECURED BY RADIUM 1 CHICAGO Ill July 1 Three 1 Three tubes of radium were given as collateral for on four year ear mortgage notes Tho The loan was negotiated by the Continental Con Con- and Commercial Tru Trust t and Savings bank and the Physicians' Physicians Radium Ra Ita- diunt association of Chicago Its purpose purpose pur pur- pose is Is to furnish for lor charitable purposes purposes purposes pur pur- poses the use uso of radium In medical treatment The mortgage on the tubes tubes' of radium secures secures notes for lor 1000 each and each note noto matures In four years at 3 3 per cent interest It is the purpose of the Physicians' Physicians Radium association to acquire I worth of radium said bald Dr William m L. L Baun president of of t the the association For the present the radium tubes will willbe willbe be rented out to the ph physicians to be used in medical cases When the rentals rentals rent rent- als have paid for the present supply rent rent-I more will be bought until we we have the worth