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Show OGDEN H IN SALT LAKE DEAL Salt Lake, Fob. 6. Organization of ihc Colonial Realty & Trust company, with, a capital stock of $100,000, has lust been perfected, and articles of Incorporation In-corporation will bo filed next week. Hacked by business men representing represent-ing varied Interests, tho new company, com-pany, which will do a real estate and Investment buslnoa;?, Is the first of its kind in Salt Ixike and said to he the largest between the Missouri river and the cnast. Its chief function, aside from handling real estate and doing in lnsuranco business, will be to Interest In-terest eastern capital In Salt Lake and Utah Investment. John Q. CrltchJ will be ecretaxy and general manager of tho ooneora, and the other directors -will be John C. Daly, Frank B. Stephens, 3am S. Porter, Por-ter, Willard Seowcroft of Ogdcn, Dr. Fred Stanffer, A. B. Irvine-, H. W. Daynoa, W. W. Armstrong, E. W. Kelly. Kel-ly. A. II. Btrroll, F. A. Druehl. R. P. M orris. J George E. Merrill and L. II. Fa rai worth. Afortnlght ago Mr. Critcftlow. Mr Porter, Mr. Druohl. Mr. Irvine. Dr. W. F. Beer, -Dr. Stauffer, Mr. Stephen nnd Mr. Birrell met and dlsouseed tho feasibility of organizing a trust and realty company. The result w that a committee- raa named from these mn, and after going over the proposition propo-sition thoroughly it was decided that there was a good opportunity and a . splendid DolcL It -was decided to sell 1.000 ehares of stock at $10 a share, and that no ono would be permitted, to take more than ten shares. This.- qf course, would give a capital of $100,000, one-tonth one-tonth of. which will be paid in at the tllne of tho filing of the arttctos of Incorporation, the balance to be paid in shortly afterward. Mr. Critchlow presented the proposition propo-sition to business men generally, and It appealed to them so 6trongly that up to last night the stock was oversubscribed. over-subscribed. The waiting list la long, and on It are many prominent busi-T.eHs busi-T.eHs men of Salt Lake, as well as of Ogden. Among the organizers are: Frank B. Stephens, Bant S. Porter. John C. Daly, Ben Davis, L. H. Farns-vorth. Farns-vorth. John Q. Critchlow, E. W. Kelly, Dr Fred Stauffer, W. W. Armstrong. Ir. W. F. Boer. N. M, Hamilton, Geo, K. Merrill, Geo. W. Morgan. R r. Morris. J. B. Bisque, M. H. Walker, J. C. Roas. Dr. Samuel Allen, Geo. T. Udell, Harry P. Clark. W. H. Blntz, A. J. Davis. Jos Gcoghegan, Geo. H. Smith. W. J Tuddenham, C. W. Nib-lev. Nib-lev. W. II. Williams. W. E. Lake. Oo. K. Hale. Willard Seowcroft of Ogden, John Filigree of Ogden, Judge J. A. Unwell of Ogden and others. The rapid organization of the new company shows the great confidence which' business men have in the future fu-ture of. the state. They immediately taw a field for the new company and mi admirable chance to bring eastern capital for investment Into Utah. Thft organizers are composed of business men whose names connected Ith- any venture would almost guarantee success, suc-cess, and the sponsors for the Colonial Realty & Tru6t company believe that they have a great future. Manager Crltoblow will open offices p.t once, and expects to find a location In Main street. |