Show UTAH ASSOCIATION OF CREDIT MEN MENI I President Parsons Parson's Report S SS' Shows the Great Work of of'S the Organization S 'S I INSURANCE EXPERTS 1 I Statement Displaying the ColS Col'S Collection Col Col- 1 5 Feature and Its S 'S lection S Saving to Members i 1 F. F fh The Tito r report port of or Pre President Arthur Parsons Par Par- to sons fOIlS of or the oil Utah Association of or Credit 1 Men n has hns been made to the association is and In iii It II Is found mu h o of 01 interest st concerning con coil corning conditions obtaining obtaining- In the commercial octh liles ItIN of this state stat I generally gen gen- 5 raily rall lie He says that a vast st amount 5 of business s has been n handled II by the association durin during I the year clr anton among the thc S volume of or business being man many matters r f of ot Importance not on only 1 to the association S tion but to merchants and business t mm generally cn through throughout ut the iho arid and th the West S f 1 Among the things accomplished IJ by il 1 J thi association has lias been Hie th securing securing- S o of fl needed legislation affecting business A 5 concerns anti and methods of or mercantile corporations President Parsons Parson re rl reports re- re ports with r regret ret the fact that the I I hanks banks have hu hE been ll won wary about affiliating themselves cs with the association association- He lie says that he lie hoh believes CH much good would souil i t accrue not hot alone to the association Si but bitt to I t lie ht hunks ns rus well if IC they would take lale up membership In the I.- I. tion I of or Mr 11 John Q iY He lie refers to tho the loss 1055 I ns as manager of or the association Q S. S S S tion the hue appointment of or Herbert i I Van nui Dam Dani with Walter rl Wright ht MS is his hiI I ns assistant I I. I I lie JI Ic says that iiii t the tho coui continued success R of or the tho association Is due In lii ci great measure to the untiring work wont of j. j j these o men ff II lie also alo refers to the settlement nt of or Insil Insurance h by the tho lie Xa National tlona I Association teS of oC Credit Men of the committee of 55 1 which Mr Ir Parsons vius appointed ns as a 3 r. r member r. r Th The report on I the he settlement t S Will viII be bu sent nt to lo each member r of or the as association nS- nS i sedation in a short timo and Its Us text lext l i will afford much o of Interest I 1 9 t on out this tithe S s Important matter In the tile line of or work I on Insurance tin the so lation h has hns s taken i up lip un an Investigation an and the ta 1 has lias r. r y been hellI a circular of Information urging ln I mf members to lo Insure o mini and theS the'S the S 'S Importance of insurance on stores stOICS fixtures fixtures fix fix- J tures and stocks r. r rS The work of or compiling and md distributing confidential reports lias ms been c up nip during the year Joeal and these theseS S of value In iii reports hare ld hn proved great reat obtaining Information in regard reg-arll to the ther r cx ext extension rn lon of oC er credit by merchants The fine visit of I F. F J. J Stockwell of th tine the tineS S i. i S National association and tho the banquet 1 I tendered him are reported and lh the S. S general tJI ral good resulting from his visit S T regarding crl credit lt and credit systems m tt have hO been appreciated by merchants c S 'S generally throughout the state who 5 have learned of him through h tho the work t iI- iI of the tue association S F 5 rile he work S q o. of the adjustment bureau S of the association Is dwelt d upon and md of or ofil It il President Parsons says IUS the tile members o of the a association have ha just cause calise for forS S much pride In cases of or failure the theS' theS S' S adjustment of tho the claims of oC creditors S upon u a pro rata basis has nis proven cn most mosi satisfactory and the continued success i S of or the bureau tu I Is confidently expected S lo to tO be hf greater than n It has been heen In the S S past i Collection S W 4 S The collection ll department of or the as asS association ast as- as S has hal been found to operate S t with the greatest success saving Sa members mem morn h tiers bers rl from heavy T costs and man many un uni unpleasant unpleasant un- un i pleasant situations with profit to the theS J. J S a association r To his report Mr Ir Parsons appends the Jr IF following schedule of the th business handled han ban 1111 b by the association In the period h CS S S r co covered by J his report Ii 5 5 Total number of cases r received Nl ceI 63 Si Total number of or dividends h paid by j o office f c. Average v r pr cOunt cent of dividends dl s paid paSt 23 S Number n. n of estates closed during duringS S year M I A Average of dividends i iid paid under tinder J i I office management from G 62 esS os- os s- s S tl tate tates t f'S 11 3 Cl 3 2 3 Average of dividends paid when In bankruptcy If 16 One state closed close under bankruptcy bank batik L i paid pall per cent lr IC S Ca Cases cs han handled In Utah Ilah 41 u. u Cases handled In I Idaho aho Cases Cne handled In Wyoming 2 S |