Salt Lake Telegram | 1925-02-03 | Page 2 | Prosecution of Debtors Urged by Credit Head

PROSECUTION OF OP DEBTORS URGED BY CREDIT CREDIT- HEAD That a million dollar fund is be being being being be- be ing raised by the National Association Association Asso Asso- elation of Cr Credit lt Men for the purpose purpose purpose pur pur- pose of assisting in the prosecution prosecution prosecution tion of fraudulent debtors and other commercial crimes was re revealed revealed revealed re- re Monday night by Eugene S. S Elkus president of the National Association of Credit Men at the dinner given in his honor at the Hotel Utah by the Salt Lake chap chap- I tel tar ter-of ter of of that organization Two independent investigators I said Mr Elk Elkus us basing their conclusions conclusions conclusions con con- upon different data h have ve estimated that between and a year ear is lost through commercial fraud Fraudulent Fraudulent Fraudulent Fraud Fraud- debtors are appearing in in- in in increasing increasing creasing numb numbers r in American I cities and it is the aim of ot the as association association as- as to put a stop to their practices We Ve have had good sucCESS success suc sue cess ceas with the limited means available available available avail avail- able in the prosecution of such crimes but the funds for this purpose purpose purpose pur pur- pose are getting low and It is Imperative imperative imperative im Im- im- im that be raised immediately so so that the work can continue with vigor About mem members ers of the National Nation Nation- al Association of Credit Men from fromI the intermountain region were I present at the banquet which was wasI presided over by F F. S. S Walden Valden president president president pres pres- I ident of the local organization George E. E Forrester secretary and I Thorn Thorn- J. J manager of ot the local chapter and J J. H. H Patrick a aI national association director were w re I present