Show t’1 ' - nui Km— M Jt BUSINESS PORTRAIT niTy - t The Salt Lake Trlbnne Sunday July 10 1055 Intermountain Oil Log Horace A Sorensen 2 Big Steps principal wills SANPiTI " Pe COUNTY II Natural da Ct Dhrilm I Natural Oat C Jack’ Can-iro-n Croak Unit No 1 312 ft from N 1st — line No 100 ft west el NW SS I and SSI ft from — Shut In waltinf on orders Perforated after nt oil treatment -XronLthe day Horace A Sorensen and his went to work again In September 1951 they omaU No of amt natural Making drop rtport temporarily father founded the South East Furniture Co in were able to Ihunch a $250000 building and re- WUlII Pass Blewtiur Maktnc conaideraU Natural Sat C Pater Feint gaueo amount i of formation water 29 House more than busiSugar 1980 tv from W line and modeling program that greatly expanded their Unit No yean ago the Thro State Natural Ce — TD Jo 1043 ft from N line ness has expanded and flourished facilities I X NE SS NW i L 61S ft Shut down for ri repairs Valley Unit Even during the depression years Horace “"’e learned something from those fires" OH lacvrfttet end Uranium Corn Reaming at 377S ft recalls the business kept growing while othen Horace says "That is why all our buildings are nark’s Valley Nose No I Pee C SE NW UINTAN COUNTY — Morin in material and The Carter OH Ce Hill Crek S’nin’ were failing fireproof today" rig turo Mlnto-StalN LC NE SB U “We knew how to roll up our sleeves and go SOB — 14 L423 Lending Horace a hand in running the thrivMIRY COUNTV Reaming at lLd ft- to work” he said C- No 1 Cedar ing institution are his three younger brothers Reynold Minin The OH Ce Carter Whltamk Unit t Mountain Unit SW NE SW Horace took two major ' ’“Svx S Morgan holds down the — Ne 1 NE NW BE 323N-1— Grading Drld la dolomite location ' f-steps soon after he was gradvice of 4 president and COUNTY SRANO Standard OH Company of California uated from the Univenity of sales manager Gordon la The Carter OH Cu Canyon Area Rad Wash Unit No 37 NS SW 167V — DST 44704484 ft No water J SOB Utah's school of business NW SW No I C SI secretary-treasure- r and Cal- Harlty Baahor — Drl I3S cushion Gae to surface tn S mina Spuddad 7433 ft with the class of 1925 He vin is assistant sales man- MarahaU Orillia Co is contractor Measured at 3443400 eoMe feat e dar 4371-462went into business and got ft Ga to eurface In It 1 is Ute Royalty Carp Wpstwater Crook DST ager A aon eubte faat daily 0 Area Gevernmant No L NW NW NE mina Maarare married is assistant secretary-treasure- r -- at 1049 Coring ft 3118S 21C — Location He met his wife the forUte Royalty Coro Cottonwood Crook Standard Oil Company ef Callfemi and another son StanGovernment No I NW NS SB Rad Wash Unit No 26 SW NE mer Ethel Melville while ford A is learning the busi- SAroa -- Pumped and flowed 137 bbla ef water SOS S3E — Location In 34 hr on 1183 Cut I per cent ness as a salesman they were both students at SAN JUAN COUNTY s water the university Mrs SorenGlbaon Dome In addition to hard work Reynold Minine C WAYNI COUNTY No 1 1670 ft from N lino and 37S sen daughter of the late Itanellnd OH end dae Ct Caineville ‘ which he says he enjoys ft from E Una 3349 Vt 8 SOB— Waiting Unit No C BE BW Judge and Mrs James A TD 8J94 ft Horace also believes in keep- on eemplttion order “ Melville of Fillmore was OH C6- - Desert Crock 345 Th BMtt ing up with tha times 1630 ft from N and 994 ft E of BW NIVAOA OIL LOd graduated the year before he — " ’ Corning 1411 ft To speed delivery service corner MVi COUNTY was The dull Oil Core Coalbed Unit Ne hell OH Co Eagle fnrhtg 7 ""ha S a 1 — developed C SB SB 1S43S43S Drl 3490 The day after graduation " 900 from B lino and lAoO ft from N whereby a loaded van was ft In red shale DST Ne L 2334 V to N Un ftSOWS 67 — Drlg 91 1434 IV he and his father the late 1700 ft Tools open f hr 30 N teste in hut ft always ready This was ac- mint weak blow increasing No gat to ' S C Sorensen opened their mihmmimmmmmhiMm 1100 Recovered surface ft black ef two Hor-acby complished e having store in Sugar House water T7 tractors to each trailer (ulphiur ORE SIRPSEENTa White Canyee Minine Ca Cittea had learned the busiDome C SUton Ne NE one While load was being I PARK CITY — Now Farit Mining ness While putting himself V Co 1434 tonai United Park City van delivered the was ' Coring 1400 ft spare the Arrowhead-HatcCo h Mines Cf 1410 Iona through university by Royonld Mining loaded ware1 480 ft from N Un in the No and being working in between times 370 ft from th X Un IURIKA — Chief Consolidated Min- HE — house for a wholesale furniture BuUding road big Co 6S earai Plutua 1 cart Yankee Conaolldated I carat Codiva I cart! Sinclair Oil and da Two years ago he purhouse in Salt Lake City C4 North Colorado ConaoUdited 1 can PUtrol Bulls Navajo Tribal No chased a Bonanza Beech-cra- ft Boundary 30 earai Bullion Bock I carat The elder Sorensen was NE NE — Moving In rotary Corp4 R L Carity I aarxi Mammoth Mino active as president of the orairplane for the busi- tool care ( dreat Western Drilling Co Hatch I ness Two of his brothers Aroa ganization until his death in Government No L SE 8E IW IV BINdHAM — United BUtea amattlng! and a aon are experienced 39S ISC — No report Refining and Mining Co 6734 tons July 1948 At that time CARBON II Pete I 4-- X v :t 1 i k i ' V f K' o I i ((fWi"Slv‘ L & 4 'I 14-- :i ft V 4 i U COUNTY ft Ijob J J Maynard A 1 ' ?J 0 i r i J 5 -- - scheme r 13-S- f This group of homes was sold In an $82100 transaction and will he moved away to make place for a large Albertson’s Food Center They are located around 820 W North Temple 5 Homes Sold on Store Site i I ' Sale of five homes at cost of $82100 won the “Sale of the Week” plaudit Saturday from the Multiple Listing Committee Salt Lake Real Estate Board The houses will be moved to other locations to make way for n Albertson’s Food Center Sellers were Leland Gillispie Grover C Gritton Agnes Bess Emily Mitchell and Luis Montoys Buyer was Albertson’s Inc The deal was handled by Milt Christensen of Christensen Realty Co Location of the houses are 818 W North Temple 822 W North Temple 127 N 7th West and 837 Jackson Ave REPORT OP CONDITION TRACY-COLLIN- " DU'rlC‘ OF TRUST COMPANY S or URANIUM AND MINING NOTES BVk premises OT owned MinCORTEZ COLO — Th and ins Co announced it has suspended uranium mining activities In southern Idaho Archie Garwood of the mining firm aald his company ha turned back some property In the Salmon River Area "because it didn’t turn out" "We shipped II tong of ore — all of It low grade — and it wasn’t worth It to us to continue there" he said SALT LAKE CITY 7:7:7:7v7777 100000)0 furniture ftaturea' and ‘vault! Salt Lake City : I44j7S Real estate owned other than bank premise Other assets Calvin P Saddle 1151 Jaren cii 14437307 brick home 830500 US W ant 100 Cerlcen Credit Carp cafe 812000 1071810 South: brick drlve-lH W Mate East! brick TOTAL ASSETS 814000 1846902877 house 3740 Alton J Warr Wayi Farley LIABILITIES brick bouic 814000 Demand depoalte of Individuals partnerships and corporations— Mr Cellett 373 Paxton Avet Mock 89 000 sundry funds not subject to check $ 33499688 warehouse 367 Paxton Avti W A Prlchetf Time deposits of indlvldusls partnerships and corporations ! 635s!567 69 23000 brick warehouse Deposits of State and political subdivisions 80 899978 1441 W 3th South! A Runswlck John ’ Other deposits (certified and officers' checks 1777 ji frame duplex 11000 etc) 80 Zenith Av I7413J20 M J Sewer rTO£A£HPOSrrS 9999 etch 14918878 four brick house Zenith J Sowers four brick houses 86360 oaeh TOTAL LIABILITIES oooooooo $736230734 Avet Louis J Sewers Zenith CAPITAL ACCOUNTS Avet four brick houses 811180 each W 838 Bllanxich South! 6th Oeeree Cspltal 40000000 8 concrete and block shop 84000 Surplus 350000- 00 000 brick Marvin Colombo' Jenson Undivided profits 15682143 houae 17000 V J Manwlll 363 E 3rd South! block TOTAL CAPITAL ACCOUNTS a seee 7000 $ 90652143 warehouse V'VVT VVV n 8106-220- - TOTAL LIABILITIES AND CAPITAL 9 Ll ACCOUNTS This bank’s capital consists of: First preferred stock with total par value of 810000000 total retlrable value of $10000006 Common etock with total par value of 830000000 8846902877 ? Announcina HONNOLD & COMPANY INC ri “Invoitmen! Socurltiot Since 19)0" t -- cl? lmos and d'uunu filers try” UTAH WASHINGTON DC — Amuranlum re porta 1U Red Bluff uranium 0 bualneaa June 30 1955 a State banking Institution organlwd Corn In New Mexieo is now "providing and opemtlng under the banking laws of this State and a member of the mine a mining profit of 8230 daily A Federal Reserve System Published In accordance with a call made and rich or body has been by the State Banking Authorities and by the Federal Reserve Bank of this District blocked on the Brown’s Hoi property near the old McGee mine tn Utah ASSETS with reserves estimated at mor tbaa Cash balances with other banks Including reserve balance 8000 tons" and cash Items In process of collection 997330 17 I united States Government obligation direct and guaranteed ! 1962 '7419 Obligation of State and political subdivision 79 ' 219 on BUILDING PERMITS Corpora stocks (Including $2250000 stock of Federal' Rssm th cross country presi- Horace A Sorensen He knowa SUnford It Mahoney president Horace stepped up announce an dent and general manager “We Apache Uranium C use the Beechcraft how to roll up hia aleevea and work asreement ha been reached for Joint Horace was born Feb 6 for business trips to furnidevelopment of 34 claim in the Dirty Devil River area by Apach and Horse 1899 in Ephraim in an apartment over a gen- ture manufacturers In other parts of the counthief Canyon Uranium Inc he aaya “It saves a lot of time" An adit baa been commenced under eral merchandise store operated by his father director of Chester M Peters tsolo-Sii- t He was the eldest of seven children bom to Horace’s love of work has taken him far for Horsethlef Canyon It alms at exploration on edge of a prominent the elder Sorensen and the former Lillie Anderafield from mere business activity channel In the Mossback member of son the Chtnl formation Radiometric He was chairman of the Salt Lake County valuea Indicate commercial poaalbi The original South East Furniture store was ore on an outcrop above Commission for five and is still as Salt Lake County William i Hawthorn East) 4430-97- 0 frame house 9000 P Dev Child 4429 Jupiter Dri frame tnd brick houso 88000 William A Swan memoranda last: frame and block houae 17000 Aseeta pledged or assigned to secure liabilities and for other Morrill O Hrmas 6364 S 6800 West: purpose 9 382T107l frame bouse 83000 Loan a ah own above are after deduction of reserve of 10327132 John Kathonla 8173 W 3700 South! Securities as shown above are after deduction of reserves of 802800 addition to store 3000 I Samuel J Carter Vice President of the above-name- d Oslo Howell 0003 Fairoaka Dr! brick bank hereby certify that the above statement Is true to the beet of my knowledge and house $19000 theme I Patterson 3065 E Dimple) belief 11000 brick house ' SAMUEL J CARTER Frank R Sharp 14864400 East: brick Correct— Attest: house 814000 William H Saneerter 3023 W S838 F 8 WALDEN South brick houae (13000 FRANKLIN RITER Arthur Mortensen Ji5 Hllladen Dri NEWELL B DAYTON frame house 611000 Director Sidney J Ottiev $333 E 1393 South! STATE OF UTAH County of Salt Lake ss: brick house 3000 Harrison Sowers S87S S 8900 West! Sworn to and subscribed befora m this 7th day of July 1953 frame house 83000 LILLIAN GALLAGHER (SEAL) Helmet and Jensen Notary Public West Moor Rdi nine brick STATS OF UTAH Office of the Bank Commissioner: and block houses 813000 etch I Louis 8 Leatbam Bank Commissioner of the Bute of Utah do hereby Helmet and Jenson W Moor Rd 1 seven brick and certify that the foregoing la a true and correct copy of the eUtement of the block houtee $13000 tech Above named company filed In my office on July 8 1933 Holme end Jensen 5033-7W Moor LOUIS S LEATHAM Rd 6107 W Moor R4 1741 S Moor Bank Commissioner Rdi four brick houses S13A00 3847-981- 0 4 53 East 4th South years opened for business a few doors north of the aPlanning member of From Jan 1 1939 to the group present location at 2144 Highland Dr Dec 31 1943 he was president of the Granite From that modest beginning the business has expanded Into one of the largest of Its kind Board of Education As president of the National Society of Sons in the area of Pioneers he has done much to preserve Utah But despite business success It was not all smooth sailing Three disastrous fires struck the and restora the precious relics of the state1 store and the last In July 1947 nearly wiped pioneer heritage Horace atill lives in the East Mill Creek it out By that time Horace’s younger brothers had location where he moved hia family 20 years entered the business which they learned from ago Besides hia two sons he has two married tne ground up daughters Mrs William W Cannon and Mrs The Sorensens rolled up their sleeves and Charles McDonald both of Salt Lake City - NEW CORPORATIONS Salt Lake County - Suita 214 or Specializing In Uranium and Other Stocks Municipal and Corporate Bonds and Mutuaf funds Homa Officoi Oklahoma City Ok!a Representativa Offices ct Phone 41 74 Denver Grand Junction Moab and Salt take Gty Utah yv-" uranium stocks No- draaf Yallewtton Uranium C vada Office in Salt Lake City to con- duct a L P Cour ebon Louiivill Ky vice president! taassiS’ns AV-'-4 ilLte- Tony Hateis Salt Lake City secretary-treasurAuthorised capital 1300000: subscribed 8130000 Unlen-dul- f OH and Minin Carp Colorado Office In Salt Lake City to acquire develop produce and operate oil and mining properties James L Young Denver Colo president! R A Davis Denver Colo and W Wise Hollingsworth Grand Junction Colo vice prealdantai G C Dunham Port Worth Tn secretary and treasurer Authorised $1000000! capital - '” er vs 1134000 ’ a Vawdroy Ditch Lining Ct Utah tn Draper to onaag In th and lining of ditch of all kinds J Vawdray president and Curtla Vawdray vice president! both of Draper Atithorlaod capital $304001 subscribed 323000 Tennessee del Transmission Cs DeUwtra office - In Salt Lake City Transmission of oU natural ias and other hydrocarbon and chemical substances and sxploratlon for and production of oil sas and other minerals Gardiner Symonds president! Harold Burrow N W Freeman R C Graham C A Llnio W C McGee Jr and W L McVey senior vice president! C C Johnson vice president and treasurer! W D Wsler vie president end controller! R R Dean R L- Jones Jo J King Carl Myers I C Ollphant Curtis M Smith Louis C Sonnon Ston Wells and W W Wltmsr vies presidents! J K Ivins secretary all of Houston Tax Authorised capital $11148144500! subscribed 3148144300 American Leasing Corp Connecticut Offlc la Salt Lake City To leas quip-momochanlsed vahiclaa and machlnary Richard F Jonas Jr president and treasurer West Hartford Conn Robert B Coburn vice Bloomfield Connt Howard S resident Phslon secretary Wethersfield Conn! Kenneth J Dorn general man-see- r West Hartford Conn Authorised capital 931400! subscribed $31400 Skyline Securities Inc Colorado ofa flc in Salt Lake CUy Brokoraco Robert W Hughes president! Wayne Lythgoe vie president! Harold E Wallace secreatry-tressure- r ai! ef Salt Lake City Authorised capital 330400: subscribed 113400 evw nsafiend i a vi be Of-fle- lir--B O Ur O 233 Carbon Cherok Chute C Circle Cliff CoLU-M- CIsszfsr Cryitil 4 f I If tzti insnr tzx e ' Ttesi Mm o$nu Cnmanebe Cong Cengrps CpnsoL Ui Crestlln - SCIIIFILLATOn 4 Cti'M w s &1 r3 TC'J FAY C:‘IY Ilaterlt It Dorado Ethridge Ul your old c 1$ tha down fodoral fa auto-moti- j Oroon fir Oroon )Uv SC'JTi! Ordore fxofd mil S-- 4 If ’ r rwx su-i- ii tab lak I lock jashongo floso Balt r ’! lrnnlnm (ifvoi ijMtijiftirv'H it n: CROSIER ORORERAGE CO lulte bust-not- payirirl Ixchaeys lulldlng ih dry Utah investment Opportunity ' Bona Fido Residents of Utah For 100000 f : 40 YEARS SHARES COMMON STOCK PAR VALUE OFFERING OF SERVICE t Catabliahwl In Salt LiIm City UUh In 1115 our firm today aanraa aavantaan communltiaa In l(ht stataa principally locatad In tha intarmountain rtflon Southern California and Naw York PRICE ! Rod 10 Wt hava txpandad our facllitiaa In order to prorlda prompt and afficlent aarvica to Individual and Institutional clianta and to kaap abraait of tha continuing growth and davalopmant of all Induatrlaa In tha araaa which wo aerva y Four Corners Area 'v J Closed Circuit TV t Thraa diroct prlvata wlm connacting our Naw York offico with our western offices provide ready acceaa to tha primary markete for regional lssuaa In Station for City of Moab i ' addition to tha operation of radio station KURA end TV station KQKW the Moab Broadcasting and Television Corporation operates a solos and service agency for leading radio and television manufacturers Vaj RECEPTION PROVEN closed circuit installation - ble for SCHuPULb to b INCOLIE SOURCES Sales wlllbe made only by - ' InquirUt are invited J A HOGLE & CO atlon Company now loyingca- - ESTABLISHED It VETO'S WiwMWViyarb' LOS ANGELES- - - - - SALT-- LAKE CITY- - 1I1S ' NEW' YORK CITY: MEMBEB3 "UNf-SKVIC- I AGRKMSNTI tt CGUSPMINT v SALES AMD SI2Y1CI means ef offering circular available from EMPIRE SECURITIES CORPORATION Entui New York Stock Aorricag Stock Fichapgo Salt Lak Stock lachoat klidweat Stock Exchapr Loo Angeleo Stock Exchange Spokane Stock Exchange ' Moab Utah Head Office: 311 So Main Salt Lake City 125 No Main i ? 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