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Show Poge 2 Sugar House, Utah Thursday, April 17, 1958 INDEPENDENT By Richard J. Maughan, BS, LLB Between two hawks, which flies the higher pitch; Between two dogs, which hath the deeper mouth; Between two blades, which bears the better temper; Between two horses, which doth bear him best; Between two girls, which hath the merriest eye; I have perhaps, some shallow spirit of judgment, But in these nice, sharp quillets of the law, Good faith, I am no wise than a draw. King Henry VI Shakespjeape Within the Seamless Wpb of the Law there exists so many of these "nice sharp quillets" that it behooves the man who enters Unto a contract to be more than casu-ally attentive to the details. In this column last week, it was suggested that the easiest .'4 ;,4.v hi of money (proof of that state-ment Is to be found In the ubi-quitous small loan company). Some people go to these small loan companies to get the cash they think they need. The loan company sometimes gives them the money, but sometimes re-quires that they put up some security of which the loan com-pany can take possession of the person who borrows the money does not repay it This security v may be In the form of the household furniture, the family car, the baby's crib, the rugs on the floor, the kitchen sink and stove, the refrigerator, madam's furs, the diamond rings, the TV, the radio, and the III Fi set, the silver-plate- d silver service, the master's guns and golf sticks, his boats and shoats It could be one or all of these. Once the extent of the secur-- lty Is decided on the Items pledged for repayment of the loan are listed on a printed document called a chattel mortgage. This document usually pro-vides that payments required are made, and made on time. It also usually provides that if the provisions of the document are not followed strictly to the let-ter, then the mortgage may be foreclosed, and so much of the pledged security sold as is necessary to pay the debt In many cases the sale of the en-tire kit and caboodle won't make the balance, and the poor borrower ends up without his security together with a defi-ciency judgment against him for the amount yet owing. It is not unusual for people to get into such a haste to pos-sess themselves of the cash that they fail to understand all the implications of the instru-ment which they are required to sign before the cash is forth-coming. The desire which promotes the haste without understand-ing usually results in an un-pleasant meeting with those "nice sharp quillets of the law." ' TrFH ..See you next week. and least ex-- Mr Blaughan pensive way to guard against these quillets is to hire a law-- x yer among other things he will take time to read the fine print. The Chattel Mortgage Much of the credit business done today, is done by means of the chattel mortgage. Parti-cularly, is this so when small amounts of money are bor-rowed against some personal property, and purchases are made of small items of per-sonal property, i. e., appliances, jewelry, and etc. What Is a Chattel The word chattel can be de-fined as any item of movable or immovable property except real estate and the things which have become a part of it This definition will suffice for our discussion of a chattel mortgage. From this explana- - tion of the term it is apparent that the instrument covers only those things which are not land or - parts of the land. Sach things as can be moved about readily furnish a rough criteri-on of that will be covered un-der the term chattel. Such things are what we commonly refer to as personality, or per-sonal property. Here we might say, however, that such a de-finition ' of personal property can only be used as a general guide, for the law of personal property and what it is makes up a technical part of the law full of fine distinctions it is full of those "sharp quillets." What Is a Mortgage? The word mortgage means literally, a dead pledge. Mor-tons meaning dead, and gage meaning pledge. So, by mort-gage one pledges something of value as security for the per-formance of a duty, the mort-gage becoming void upon per-- formance of the duty. The duty may be one to pay back to the lender some money which has been borrowed this is the usual application. -- The Chattel Mortgage Now let us apply the words chattel and mortgage to the instrument we call the chattel mortgage. Sometimes people run short Editorial In reviewing the past 17 years of the Sugar House Busi-ness and Professional Women's Club it brings to mind that "to-gether we stand, divide we fall." Business and Professional Women are a group of women, active in the business world which stimulates their collec-tive interest in civic affairs and projects. The Sugar House group or-ganized in 1911, has made it-self felt as a community pow-er for it has a list of "firsts" in the community and in the state. Through the year the club spearheaded such worthy proj-ects as the Blood Drawings, the Beautification of the Sugar House Plaza, Rheumatic Fev-er Research, and among others the House of Hope, and now the Sugar House group is bringing to Sugar House the first state convention. Belonging to the group are, nurses, teachers, lawyers, . clerks, secretaries, bookkeep-ers, journalists and with all of these careers many of them are housewives. They too are pioneers for it was such as they who settled the west and it is they who con-tribute to build. IX THE DISTRICT COURT OF SALT LAKE COUNTY STATE OF UTAH ESTHER YVONNE McGRATH, j Plaintiff. j SUMMONS "vs-- f Civil Case No. 115863 THOMAS EDWARD McGRATH, Defendant. J THE STATE OF UTAH TO THE ABOVE NAMED DEFENDANT: You arc hereby summoned and required to serve upon Quentin L. R. Alston of the law firm of Alston & Maughan, plaintiff's attorney, whose address is 201 Kearns Building, Salt Lake City, Utah, an answer to the complaint within 20 days after service of this Summons upon you. If you fail to do so, judgment by default 'will be taken against you for the relief demanded in said complaint which has been filed with the clerk of said court and a copy of which is hereto annexed and herewith served upon you. This is an action for divorce and incidental relief. Dated this 25th day of March, 1958. ALSTON & MAUGHAN By: Quentin L. R. Alston ATTORNEYS FOR PLAINTIFF 201 Kearns Building Salt Lake City, Utah Plaintiff's address: 2185 Highland Drive Salt lake City, Utah- - FOR SALE Near Sugar House. Nearly New California Redwood Home, Complete with stove, refrigera-tor, carpets and drapes. Land, scapped, sprinklers, .storm doors, screens Mt. View Canyon lot Beautiful Marvista addition of new homes Asking price $21,500, terms. See it and let's make a deal. Dial HU 51 or IN Classified ADS CLEARANCE USED SEWING MACHINES Portables from $7.50 up Cabinet Models $14.95 up at Sugar House Sewing Center 1994 So. 11th East FOR SALE 2 bedroom home, dining room, knotty pine rm., full basement and good south east location. Reduced for quick sale to $13,500 bracket. Call IN WANTED 5 women fashion . counselors. Party plan. NO delivering. NO collecting. ' .FREE SAMPLES. Phone Blanch-ett- e at HU 94 evenings. TWO FREEZERS FOR SALE: 17 ft. freezer upright like new for $199.95 dial HU 61. 1 Frig. $75.00 dial HU 91 WANTED: Subscriptions to The South East Independent Your best weekly newspaper buy. Mail your subscriptions to Box 136 and only $3.00 per year. GOLD SUFFERERS Get STANBACK, tablets or powders, for relief of COLD DISCOMFORTS. The STANBACK prescription type formula is combination of pain re lieving ingredients that work together for FASTER RELIEF of HEADACHE, NEURALGIA and ACHING MUSCLES due to colds. STANBACK also RE-DUCES FEVER. SNAP BACK with STANBACK Notices NOTICE TO CREDITORS Estate of Feramorz , Young Fox aka Feramorz Y. Fox and F. Y; Fox, deceased. Creditors will present claims with vouchers to the under-signed at 336 5th Avenue, Salt Lake City 3, Utah, on or before the. 31st day of May, A.D. 1958. ' ANNA W. FOX, Exec-utrix of Estate of FERAMORZ YOUNG FOX, aka FERAMORZ Y. FOX, and F. Y. FOX, Deceased. Date of first publication: March 28th, A.D. 1958. R. S. JOHNSON, At-torney for Executrix, 207 Atlas Bldg., Salt Lake City, Utah. i NOTICE TO CREDITORS Estate of JENS C. LUND, Deceased, Creditors will present claims with vouchers to the under-signed at 415 Ness Building, Salt Lake City. Utah on or before the 7th day of June. A. D. 1958. Gordon Christian Lund, Executor of the estate of Jens C L. Lund, Deceased. Dean A. Sheffield, Attorney for Executor, 415 Ness Bldg. Salt Lake City, Utah. Date of first publication April 11, A. D. 1958. OPrORTUNITY MEN OR W03IEN Responsible person from this area, to service and collect from automatic dispensers. No selling. Age not essential. Car, references, and $400.00 to $700 investment necessary. 7 to 12 hours weekly nets up to $300.00 monthly.- - Possibility fulltimo work. For local inter-view give phone and full particulars. Write P. O, Box 8047, Miracle Mile Station, 14 G Minneapolis 40, Minn, SOUTTI EAST INDEPENDENT 2020 South Mala Dial Ha 61 The South East Independent is entered as Second Class Matter, March 1, 1946, in Salt Lake City Post Office under the act of march 3, 1879. It is published each Thursday morn-ing. The South East Independent Is published by the News Bulletin, Publishing Co. at 2020 South Main, . Salt Lake City, Utah. .Subscription rates are $3.00 per year by mail r ten cents the single copy. Send all mail .to box 136 Sugar House Station, zone 6. Publisher Clair King Editor Emma D. King hatipnaT 10 IT OKI al &S ASSOCIATION AFFIDAVIT Ray E. Eldrege, being first duly sworn, deposes and says that he is the owner of THE MULTISAN COMPANY . OF AMERICA, LOCATED AND DOING BUSINESS IN SALT LAKE CITY, UTAH; that the said Ray E. Eldredge is the exclusive owner of the trade names, marks andor devices described herein, and are in use by him in the business of manu-facturing and distribution. He . claims said trade names, marks and or devices are the same under which goods or mechan-dis- e are manufactured, pre-pared, handled, sold or distri-buted by him. , (signed) RAY E. ELDREDGE Subscribed and sworn to be- - fore me this 5th day of March 1958. Darrell M. Warnick, (seal) Notary Public Salt Lake City, Utah. SPECIFICATION TO ALL WHOM IT MAY CONCERN: BE IT KNOWN "THAT Ray E. Eldrege of Salt Lake City, Utah, being engaged in the business of manufacturing and distribution, adopted for his use the trade names, marks andjor devices, of which the following is a description: 1) MULTISAN 2) MULTI-MrNERAL- S 3) vitAtonic 4) TNGESTA 5) THE POCKET OR-CHARD LAST WEEKS RESULTS Intermediate Goff Mortuary 39, Kimball's Junction 26. Midget Evergreen Cubs 23 (overtime). Bingham Civic Center 29. Juvenile Shurtliff and Andrews 21, Rockwood Furniture 20. M. G. Sfleya 40, Walker Bank 27. Junior Skyline Cafe 33, Hunter 27. Center 57, MacKay 50. Thursday's Schedule (Edgehlll Gym) 0 ' Midget 5 p. m. Ludlow Plumbing vs. Evergreen Cubs. Intermediate 6 pm. Slickers vs. x Capitol Cleaners. Juvenile 7 p. m. Evergreen Junior High vs. I & M Rugs. 8 p. m. Union Furniture vs. Elks Junior 9 p. m. Ludlow Plumbing vs. Rasmussen Equipment : |