Show LOAN CONCERNS CAUSE UNREST City Assessor Is Angered Because Because Be Be- cause calise Companies Wont Won't Pay License LAW FAVORS LENDERS Legislature and Council May Enact Measures to Remedy Remedy Remedy Rem Rem- edy Condition Tho Time qUestion of ot tho the loan ioan sharks who fire are seeking to o n evade ovado pa payment of or city licenses lIcens Is ono one that Is causing considerable unrest 1 in tn time the of or th the assa assessor assessor- or Last year car the time a. a assessment assess assess- ess- ess ment against these sons persons was waR declared de d- ho- ho dared unconstitutional h by the time su- su ireme court and as Us n a consequence all nil taxes that were paid b by them under protest havo been refunded Tile The They now foil declare that thai the they are arc not noL amenable amen able ablo to lo tho the new law regulating salary loan lean oan agencies alleging that time they arc not lot doing a salary loan lonn business However el some of them refuse to submit sub- sub nit mil a n cop copy of ot their form torm of or note to tho timo elL city attorney for his lila perusal 1 I Investigation develops the time fact that the ho of or men operating this cla cK of ur buness are aro not residents of ot I 1 Salt lt Lake Oll Ono Omie man In particular ItIs Itis it its Is s alleged ed Is a resident of Denver ands and amid is 18 s ol operating In Salt Lake Lako in three d ic- ic f- f offices It is further alleged ed that hut some seine of ot these a agencies aro are in the tho of making salary alar loans loana to lo minors taking ns as guarantee guarantees of pay pay- salary assignments Ono One case so to light lIKht showed shoved that a ho boy ha iad borrowed 50 O. O for fOl which he lie re- re pail mid before his parents were aware of tho time transaction On the time mutter matter l being ehl taken taken- to court tho time laws of Utah were found l to favor faor the tho loan loami business The bo boy was compelled to leave eave tho thio state and even ven thou then was not nol free treo reo as they ther Immediately I proceeded to o garnishee his lila salar salary outside of the state In order to appeal to the sympathy sympathy- of tho timo officials these theRe operators arc nrc Inthe in the tho habit of ot employing women and amid minors to handle handle- their branches lien Whon the time local agents are aro approached on the matter of or taxes tax's they sImp simply roer ro- ro fel er time the to the man mun behind the he throne who usually Is about miles awn away Strenuous efforts will bo o made to have the time legislature enact laws law beCore before be- be fore Core ore Its Us adjournment that will give I e he time city a hold on omi these people that will make them come conic to time an and amid l contribute con con- tribute toward the time taxes of or Salt Snit Luke Lake A V rumor Is also afloat that the elt city council will bo be requested to enact the omo somo stringent regulations along same ame lines hues probably requiring each In iii tho the salary loan business s to deposit with is the elt city a surety bond of For about ten da lays daya i at nt the tho oJ opening ot of f tho present session of ot the time lell legislature legisla- legisla lalure la- la lure ture ure sonic some of or tho mon money lenders suspended sus sus- pel business pending some action or of f that bed bod body covering elu their case crise How How- ever over no steps wore taken talen and the they Im- Im immediately resume resumed operations |