Deseret Evening News | 1905-12-16 | Page 109 | Utah Savings & Trust Company

UTAH SAVINGS TRUST COMPANY To Increase Its It Capitol Exten Extensive sive sOya Improvements to Be BeMa Made Ma e Including New Vaults and an Sore Safe Deposit boxes To 0 IJ j Deforet Deseret DC ret News Newa ie reporter Heber M II Wells manager of ot the tIme Utah Savings and Trust t company stiLted stated thin this morn mornIng mornIng Ing that while specific details were not ready to be made public an atm yet ret It lied had boon beon practically decided that the capital stock Block of tho the company would bo he In Increased Increased Increased creased to In the tIme near future mid arid time tho bunking banking abstract end nd trust de departments of or the tho Institution In materially improved Business Is very er active with us liS at present said Mr Mc Wells In Iii all our departments but more macre particularly In Inthe Inthe Inti the ti abstract department which Dt ati everybody hud knows Is Ia a n sort fOrt of ot barome barometer ter of ot the tIme real reil estate of If the tho city We W have havo had to work almost night and day lAY to keep up tip with the th I heavy hellY demand for tor abstracts and und title Insurance The latter Is sought Bought for tor by b 11 purchaser who are inure mure or am less unfamiliar with our real estate II ami armil who want a l strong Institution to tu stand between them nail and trouble It Is also growing Immensely popular with local purchasers ers who mire lire awakening to tIme the fact taut that It IA Imi absolute nb mind and l that It saves tees fees for tor examination of or title Our trust tru t department Is 18 lon con on growing also alo timid and un 1 moro more room Is 11 I demanded for tor or that thU In lit n tho the last lust three months month OUt our deposits have Increased a quarter of a million dollars and the tha extra etra number of ot depositors I require ad additional facilities amId nM Improved tier ser service vice ce Wo We IntentS Intend to make a l feature of ot our safe sate deposit boxes and timid to have havo convenient apartments and I for tor the time ue use of ot customers cU The Time fact Is we have outgrown our quarters as ns well ns nH our capital and und both hoth will have to be Increased ed The rho an all announcement of oC such changes as all WI we v expect to make mal e will 1111 be given out early In I tho the new year yeam