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Show UTAH SAVINGS & TRUST COMPANY'S NEW BUILDING. The big Blcy scraper at No. $36 Main street, now that the beautiful white stone front and bronze cofnice are completed, is attracting no " end of attention from both residents and visitors in the city becauso of its novel construction. It is unusual to see a building prepared for the roof before the front, rear and sides are filled in and to those unaccustomed to the sight there is groat wonderment as to what sort of construction construc-tion It is. The building belongs to the Utah Savings & Trust Company, now doing business at No. 100 Main street, and will bo occupied some time during dur-ing the coming summer. It is constructed of reinforced concrete, which moans the proper components of cement, sand and crushed rock, j reinforced with steel rods. The brick work," ' Q which was filled in afterward, constitutes no particular par-ticular strength to the building, but is utilizod simply for 'filling in the walls of the structure the ontiro strength of which is in the steel and concrete. This stylo of construction .Stood the tost of the San Francisco Are and earthquake ' better than any other and in the rebuilding of that city is being used in all the large new edifices. edi-fices. It is said to be the only building material known that grows stronger with age. The building is seven - stories high, the big j banking room occupying the ground floor and ! the other six stories to be let for offices. By reason of the thorough equipment of the building, including the best elevator service, and with wa- ! tor, light, heat and janitor service furnished froe, coupled with the notable fact that tho building will be entirely fireproof these offices have rented very rapidly. Mr. Hober M. Wells, the Trust Company's manager, states that every room in the building has been rented for periods ranging rang-ing from one to five years and there are several applications on the waiting list in case any of the tenants fall down. The contract for furnishing tho interior of the banking room was recently let to the H. Din-woody Din-woody Furniture company of this city, who will have a special expert from tho Andrews Furniture Furni-ture company of Chicago come on to superintend tho work. All counters, pillars and wainscot-ings wainscot-ings are to bo of white Italian marble streaked with English vein and trimmed with Verde Antique An-tique base, and the railings are to be of polished bronze. The ceilings and walls are to be decorated dec-orated in light colors, the floors Mosaic tiling, also light- in color, and tho general effect will be exceedingly rich, but plain and artistic. Tho vault work, which will includte a money vault, book vault and safe deposit vault on the main floor with commodious storage vaults in tho basement, are being built of two-foot brick lined with Armor steel plate, top, bottom and sides, and In addition aro to be equipped with the Bankers' electrical protection, consisting of thin plates or . envelopes . which yield a current, sounding an alarm the instant they are touched by drill or chisel. The Utah Savings & Trust company in thus preparing for a splendid future business not only demonstrates a confidence in its own stability and growth, but likewise a confidence in tho future fu-ture of Salt Lake City which other financial institutions in-stitutions and rich men would do well to emulate. emu-late. The location cannot be surpassed, as it is fn tho business contor already and from predictions predic-tions of the most skilled prognusticators it will not be far removed in the next twenty years, no matter which way the business' district may grow. The building will bo completed none too soon as the Utah Savings & Trust Company has outgrown out-grown its present quarters and for several months has sorely felt the need of greater accommodations. ac-commodations. In addition to the savings and trust business, which the institution advertises as its main functions, it has already gone into a general banking business, accepting deposits subject to check and with tho new facilities promises to be an important factor in the banking bank-ing world. The title and abstract department will also be moved, occupying spacious quarters in the rear, where Mr. John W. Ensign; the polite po-lite and efficient abstractor, so well and favorably favor-ably known to the trade, will continue to preside. Tho directorate of this popular institution includes in-cludes tho following successful and well known stalwarts: Hon. W. S. McCornick, president; John J. Daly, vice president; Hober M. Well, manager; Colonel E. A. Wall, W. Montague Ferry, Fer-ry, W. J. Halloran, E. O. Howard, directors. To these has recently been added Mr. Frank J. Hagenbarth, the many-sided business man and capitalist, formerly of Idaho, but now a resident of Salt Lake City and identified with its interests inter-ests and development. With these gentlemen shaping its destinies, with an able and obliging corps of employes, a new and splendid field of operation and a continuation of its present progressive pro-gressive and conservative policy, the Utah Savings Sav-ings & Trust Company can scarcely fail in the achievement of a most distinguished and deserved de-served success. |
