| Show i I rL 10 1 HEBER J GR GRANT CO COU COInsurance U 1 P J 4 0 1 Insurance Real Estate Loans and Investments 0 September 1907 TO INVESTORS E are arc re pleased to our appointment olf as t financial WE Vi tV t agents for disposing of tits bonds And stock of the Utah II I Independent Telephone Company The Company i is earning now flow anti hal hs been since January 1st 1907 over One Hundred and Twenty Thou lid Dollars DoUrs per an rn annum annum num null net or sufficient to pay ii Six vr lr cent on bonds bod h hv v ving ing a surplus of more The Thc s investment represents over Two Million Dollars and the system is i one of the best rind And most inot complete in lit the thc United Stifles It exchanges from Preston Idaho on 01 Ute the Ut North Korth to Eureka Iurka Eur hn Utah on the South and all are arc connected by b its ill itson own on toll line lin It has Ims subways which cover the entire districts of Salt Lake Inke and Ogden and thy they th arc rc built linik largely in ex ax excess excess cess of the requirements of the Company for years ears to come which excess may be leased at n a profit It has invested in insubstantial insubstantial insubstantial substantial fireproof exchange buildings building in Salt Lake Of Ogden den Park Perk City and Eureka all nil of which have greatly increased in hi value It has hR 2386 miles of copper toll wire connecting its exchanges and ami miles nilles of copper wire in iii lead cables under ground and aerial for its exchange service costing coating over oer all of which is la worth today more then than when purchased All Pil Its ts exchanges are a built with reference to future developments the Salt Lake exchange alone being capable of supplying telephones and the en entire entire tire system over The Company Compon has hall now between Nine and Ten Telephones in operation in its system yston From these and end its ill toll toU lines it is now earning as stated net per year yeal With its entire issue of stock and ami bowls bolM distributed through throughout out the State in the bends of local investors its net earnings should be e greatly g increased in the near future Ten Tea thousand additional telephones can be installed and operated with small additional ex cx expense pense pen e The Montana Independent Telephone Co will vill opoa its Butte exchange October let 1st and the thc Utah Company has lias contracted with it for exchange of toll toU service thus Utah patrons will ill soon be he able to reach all Idaho and Montana points All the thc money required to build the exchange in Montana has been heen raised in that State and Montana financiers are arc behind the thc Company Compan some of the strong strongest ct est c t financial finan ial men in m the State being eing directors We e now nou offer the stock tock and bonds of the I Independent Telephone Co subject to previous sale ale on the following terms tenus It is proposed to tn raise Twelve Hundred Th Dollars which sum Him will be sufficient to acquire the thc bonds bends add irid nd stock oft off ALL INDEBTEDNESS SS of the i Company and andin andin in addition addit n thereto lh t tn will provide approximately Thou Thai Thousand send sand Dollars for new ilOW installation with 1000 of plies on OIl hand and end paid for forIn forin In addition it is i proposed to put Three Hundred 1 I Dollars bonds into the treasury as a reserve rt nt for Mire insure extensions and to cancel the remainder of the ilIe It is proposed cd to the capital stock f the th Company C from front its present capital to 1300 I It J t is proposed to give gin each subscriber to the 1 U Ube Lo Lobe be raised the amount of life Ida subscription in bond bonds at par with within in interest interest terest accrued thereon since July 1st 1907 and payable January 1st 1908 1905 said laid bonds being Twenty 20 year Six i per cent 6 per percent percent percent cent gold goki bonds t Of f the Utah Independent Telephone Co baring bearing date of January 1st lit 1905 and aud in addition thereto an amount of stock par Jr value aluc equal to his subscription the remaining 1300 1 OO of the bonds b issued to be he cancelled ca lIed As AI the net nt profits are ate now per annum an invest investment i Investment ment in itt these theR securities at the price offered is earning in of oe Nine per cent 9 per r cent from the time it is i made with Six x per percent percent percent cent 6 per ler cent accumulated on the bonds since July 1st 1907 EXAMPLE Each person subscribing will receive tOA value in iii the Six per cent 6 per cent Twenty 20 y r g gold fOld M bonds of the Utah Independent Telephone T Co with since July jul 1st laL 1907 Interest payable 1 January Jandl lit 1st 1906 19 interest on all aU bonds hoods being payable January and July of each yr also par value of the capital capiti stock of the said Company Cony Sub Subscriptions of or more nore wIlt will l be e accepted It is confidently believed that dt the stock of o the Utah Inde lode Independent Independent pendent Telephone Co soon after its reorganization wIl material materially ly increase in aluc value A large portion l of the has been subscribed in sums ranging from to Five per cent 5 per ler cent cout must be paid aid in cat cash by all sub subscribers subscribers scribers of the remainder is payable on or before October 1907 and the other on or before December 1 1907 1 We W e invite all prospective investors investor to t visit isit any of the ex exchanges exchanges exchanges changes of the thc Company between the hour hours of tf f 11 I 1 a m in and 3 p m ni when the management will be pleased to ow them every atten tion lion The following named gentlemen haft hav made ma e the first t payment of cash ea h to secure the option up an on an tb bonds and the stock of the Company Thomas Thoma R Cutler Vice President ft General Mgr Mer of Utah Idaho Sugar Co CoM CoM M 1st H Walker W President Walker Brothers Banters John C Cutler Governor State of Utah Heber J Grant President Home Fire Insurance I Co Horace G Whitney Secretary ft Treasurer Sugar pr Co Elmer RImer B Jones Jone Managing Director r Utah Ugh Independent lr Tele Telephone Telephone phone Co Ce Francis M Lyman Director Zions Mercantile Institution Heber M MW Wells ells Manager Mma er Utah Sav Saving ft Trust Co CoGee Geo Gee T Odell General Manager Meager Consolidated Wagon ft I Machine Co Charles S Burton Cashier State Bank nIc of Utah Uta John Henry Smith President Coop Fu Co Go CoG COG GoG G G Wright Manager Ma ager Idaho Pails Falls Branch Consolidated Wagon ft I Machine Co James State Treasurer f Nephi W Clayton President t Clayton Investment Co CoJohn CoJohn CoJohn John C Sharp Capitalist George M 1 Cannot Cannon Real Estate tate ft Loans L H IL Farnsworth Cashier Walker Brothers Bankers j jA A Fred Wey Wry Proprietor Wilson Hotel IiI C S Martin Martini President C S Martin Coal Co CoW Cow W J Bateman Secretary Zions Zion Benefit Beas Building Society hilty S F K 1 Fenton 1 Brigham F Grant These gentlemen will have full charge charp of f the reorganization and this fact is i sufficient guarante that the Utah Independent Tele Telephone i phone Company when reorganised will be under the theof management i P of officers and Directors in whom the public will have entire eon con confidence C n We these bonds and stock as II a most desirae in investment vestment vest t and id have haw ourselves in a the enterprise 1 Address Add the he undersigned for subscription blanks blank and for all 00 further particulars Respectfully Respect ully Submitted I HEBER J GRANT CO c Home Fire Building Salt Lake Lal e City 1 f t tt t |
