| Show ANOTHER MilLON MILLION r rT T TO INVEST HERE J I Penn Mutual Officials Arc Con Considering Many Applications I For Loans MUCH IMPRESSED WITH CITY After n of lt I aiu Hero j 1 Marked tl TIt n i 1 i Cla With 1 already loaned lon on Bi Palt alt I lake ke real r estate and n before betote bor the t expiration of another ano U 12 month mt another anh er Pr P equal eul amount going Ilg Into L 1 property of ot this city ct making ml a total Investment In Bait t Lake ll Kilt gilt t edge mortgage ml of ot wilt will wi In all 1 ll i probability be b the result of 01 the tb vl vIsit It lt i here bar this Ida tb week wk of the heed head officials of f the t Penn Pen Mutual Life l Insurance i company of Philadelphia J Thursday Tar and Friday Pridy In company I 1 with wih Will WI Q G rI Its It local j P nt George K Johnson Johnen j J John J n Humphreys and tress lr j jurer and K R a G hut Holt western financial i int agent nt made ma a careful I Inspection of or orthe the IU of the ti city dt covering the million dollar doln loans lona lon here hr The Time of ot i I ficiala f lal were w pleased with wih the city and with the th value of the property hock back of f 1 their big loans Inane lon Nothing was w marked mark lower than AI AZ which means meana ex x j high hip class claas Al AI being ng tho the highest J 0 After Are this thin th Inspection the tho th ot made m a thorough In vest of ap application for tr loans lon aggregating ti J W 0 The T Individual loans loan lon range rf In amount aunt from fron 1500 up uJ to a as bb h h us oN 10 Thor Thero Th was WI one ne for 8 It ft I was wan Mr Wr Johnsons Jh laconic decision Another there te for tor 1 00 Entertain 1 It he said Id Another 1 for 10 1110 another for half bai a million milon milond 4 and d he h sak eld entertain It to air alP of It o them Mr r Johnson Jono Is worth wr himself Il several million and ad backed hakl up by b a f company that already has ha out on first tnt mortgages mo And when wn Mr Johnson Jom says nay 1 enter K t I tain tam If It that means virtually the loan will wl be b made mall If titles etc tc are arc a found foun i perfect mid aid one on of the party 1 pe The Tb mat rale lt charged on these thee th large la I Ium sums um rang P from 6 t to 10 I 1 per J cent nt the tl r amount and the of o the Ibe at r i 1 1 I url determining somewhat the lb I rate ra of nf Interest This all al look 1 good to m inC sail hi Mi l 1 Friday 1 The h rations Uon sea are that 1100 of f the con eom pan nJ money mn will rl be b turned Inti It 1 j lakes prosperity nt b by this on in compa i alone Iole It shows 1 great t faith In this thU Ihl future On O ht say that our j company I t is only nl beginning business bUB j jIn 1 In li l fun and 4 the tl chances are that f within the ti n next few f sure ears ar It If alt l I Lake JAk ake j jI hasp I op up It I its present growth that the I I Penn Pena faith rth In the rh city will be b e en I Imore Im more m substantially shown hn In II greater i 1 than th even en tin tilt PC 1 |
