| Show OlD PROPERTY PASSES TO HANDS OF Y Ill W. W C. C A. A Mrs Helen Gould Shepherd Supposed to Have Made Loan to Asso Association Property valued a at b between tween and the old Gordon academy grounds and amI buildings buildinG's Third East an and Broadway passed into th the own ownership o oC of the time Salt Galt Lal Lake e Youn Young Woman's Womans W m ns n's Christian association yesterday with the final fl filing filing- of or the deeds with th the county count recorder The final transfer of or the property was made possible through a loan of or secured the thc latter fatter part of ot last month by the the- as asso asso- o- o elation It is Js understood that the loan that made mado it possible for tor the local as association association as- as to acquire the site for tor tho bare indebtedness was wa made b by Mrs Helen lichen Gould Shepherd for a a. period of sixty days das Within the next week or so the lo local local lo- lo cal association will begin a campaign among the re residents of or Salt Lake to secure funds with which to repa repay the loan At the time some same time the members of ot the association will endeavor to raise monc money enough td erect a 11 new nely gymnasium g building on the property Plans Pians for Cor the campaign have n not t yet t been definitely outlined However We l. l the association board has Invoked the aid of the Commercial club chub In formulating formulating formu formu- lating Its plans and expects to be read ready to announce them earl early in the wc week I While the college property was talc tak taken en over b by the association a a. year ear ago aro all of the tho incumbrances were not satI satisfied sat sat- I until April 1 of ot this yea year I The property including two modern buildings buildings build bull ings Ins and two and one half a acres res of ot ground was originally set ct aside for educational purposes by b- the Congregational a church With the aLl advent nl of the public school system the path of ot the tho th Salt Lake Lale college was beset with difficulties dif 1 and its debt gradually increased in increased in- in creased d until last year when Its total In indebtedness amounted to approximately approximately matel The fact that tho the property had originally originally or or- 19 been donated for educational purposes made It possible for tor th the as sedation to secure the property properly for tor Its indebtedness approximately one one- third of its value alue The purchase was w s made possible b by a gift girt of b by three eastern women whose nam names have hwe been withheld b the local by asso asso- elation This money was used to satisfy the local debts and the tho association association asso asso- t agreed to reimburse within a ay y yf-ar yf ar the Congregational New Nev West Vest Educational commiN commission lon of Boston for lor forthe forthe the advanced ad to the Salt Lal Lake college during Its struggle gle Last month the association negotiated luego- luego the loan of necessary to reimburse e the educational board The 1 lean Iran an anas was as secured through h tho the efforts of or Secretary Mary Iary who IslOW is isnow now lOW In tho the east While tho the members pi are r withholding the n name me of or th the person per per- son sou malting making the loan It is consistently rumored that the loan Is the result of or Mrs Z Shepherds Shepherd's visit to the local a as association association as- as last summer |
