OCR Text |
Show SALES OF STOCK NOT INDORSED Ogden Chamber of Com merce Sets Public Right on Investing Tarough President Fred : Taylor' e Ogden chamber of commerce to-day to-day gave out the following statement: The ( igden chamber of commerce deejne It advisable throush Its, board of directors to Inform the public that 1 this organization does not endorse stock sales proposition of any kind ! and has requested the ogden Standard-Examiner to give full publicity to i this fact. I "The directors feel that this warn- , ; Ing is necessary from the fact that In some iri3tiinces. claims have been J iiiuJw by ptiriies Interested In the sell- ing of stocks, that the chamber of i . ommerce baa investigated and ap- j prvved ji wise Investments In such stocks Sometimes receipt for dues paid to the chamber of commerce have been shown as evidence that (some particular enterprise had the co- ' I operation and support of the chamber. ; j out the public Is advised that mem- . 'bersh.p of any individual, partnership lor company in the chamber of runi- . mere... must not be considered its an j endorsement of the business represent- ; ed t. the holders of such membership i A Kener.il proposition, also the directors of the chamber feel that If I Ogden citizens wish to invest. In enterprises en-terprises somew hat speculate e In character, that there are plenty or those lo, ated In or tributary t the! city, and its advice 1 that prospect- ! , .. I n, AM, n M In 1 1 V, e n 1 1 r 1 . , e- lect such as require the spending of their money In such a manner that will build up their homo locality. It Is well known that many of the stocks offered for sale by outside concerns, con-cerns, besides, being xtrmely speculative spec-ulative and of questionable value, ure based on ventures located gr:it distances dis-tances from Ogden. and their success would not tend to build up this community com-munity ." oo |