Show WilL Ii INSURANCE CO Jf t I George Georgc H Davis Returns from California With With News of 4 Prosperity L II i People of Golden State Form Insurance Company With Western Backing George GeOl e II H Davis Davi of Salt SnIt Lake I re returned returned returned turned Friday from a n months visIt Isit at nt Los Angeles HO lie was accompanied to Ogden by b Mrs lra Davis Davs Mrs David Eccles and the time daughters daughton Flora Laura and amid Vivian all of whom have been een passing a number of months ill lu Ii California Mr Ir Davis said that Los An soles is apparently as 38 much on the boom as aseer ever eer and that not only ani Is there no apparent stringency in the tile market I but large larse amounts of money alone arc being shipped to tho the east easta a most significant sIgn I cant sign of prosperity All California is now interested in ill I tho project of forming a western life Hf company compan said Mr Ir Davis and there is no question that it is IH isone one of the iho most mORt important enterprises contemplated in years not only for Cor California but hut for tho the entire west vest The company will wIIl be bo known as asI the Western States Life Insurance I company and it I will wili bo ho made up of banking institutions throughout the time west as all far east cast as Colorado and pos possibly los sibly Nebraska There will probably be he as many as ns JOO stockholders In Inthe inthe the tue company i each ach one of which will willbe willbe be lIc a banking concern of unquestioned standing S in g The general idea Icea of or the enterprise 12 Ig I to more money mono In the west for western purposes Millions I of dollars are now sent east to o 0 be de deposited posited In tho the great financial centers of the country and when in it case of emergency tho the west suddenly finds it Il itself 1 self In n particular need of or funds in large amounts there is often much difficulty difficult encountered In obtaining It ItA ItA itA A great corporation of this kind will retain a vast ast amount of money mone In Inthe inthe the tho west where it will be e available ble when needed The Tile company when I formed will wIIl probably be capitalized at one million dollars rs with a surplus of or another million milli ID There can be 11 no lie question of the necessity for an institution of this kind kill i and an in perfecting it the vest will e taken Liken one more giant stride in the direction of ot con comi continued tInned prosperity I I |