Ogden Standard-Examiner | 1926-07-16 | Page 9 | Mortgages Used for 4,800 Years

MORTGAGES USED YEARS FOR DALLAS DAU-AS Tex July 16 y 1 By The Associated Press Mortgage transactions of ot ancient Babylon 2200 2100 years B C were called to wU- wU wit witness ness flees the unchanging principles of that form torm of ot security thursday be- be before for be-for tore fore departmental conferees of ot the American Institute of ot Dall Banking con con- convention convention Tho The mortgage as a form torm form ot of o se- se security se security has endured since the days ot of Babylon where It was first used 48 4 centuries ago aeo a savings bank conference was told by Her lIer- lIerman Herman man Buhl Duhl of ot the tho American National bank of or Denver An unprecedented era ern of or savings by Individuals and nd need for tor moro more hospitality In financing company paper papers were ere discussed at other conferences oo 00