Show It j OLDEN RULE IN PRAISED IN W BANQUET TALK I M Me trill ill Tells Credit Men of j i Good Po Points nis of Trusts Officers Elected I. I It pays to practice the Golden In bustness to give gl t employees leal d cr f I t n the the public a square i 18 Is conI con- con commercial It harder for the I making and 1 to do o bus bus- Just i p t n freud fraud an declared George E E. Merrill t Iru umber lumber er dealer in an address ss latt last night the of ot banquet annual twelfth ut tt t tho Utah A Association of or Credit Men lIen The banquet held u at lh the Hie Commercial cJ b and attended b by 2 mom wem- l followed the un- un bets bers and their Kue guests guest meeting of or th the asI HM- HM ocl which eleven cle directors at I th officers and nd el eight hl delegates to tu th the thc national nal convention con of credit men were ero elected Idt The business meeting was afternoon Arthur Parsons held Ih in Ill the I was was' re e pre president l In Our Trust We e Trust Va was wag the I assigned ned to ta JU Mr 11 Merrill the last laRt speaker on the banquet program who Had been preceded b by In Bank Bank- b. b Charles Baldwin Justice J J. J Frick k of the supreme c court urt and Rev fie l. l I Go Goshen Gohen hen In Introducing Mr- Mr Mr Merrill Men Toa Toastmaster W. W N. N R RoylanCe Rolance officers of- of R jokingly wondered If il United States bearing would dm drag fao oni fi-oni the banquet board l lItI lIt lIt- e- e sneaker r 1 I he had hurl concluded The Tho banquet banquet- a and Mr lr Merrill Vr Ir ers laughed aughe J. J lt laughingly 1 remarked remark ll that ho he expected to tell federal Investigators an lime ab about ut a lumber trust l I From ITt that the thc topic had been II He Lie Insisted assigned to him as a jol Joke c. c but lUt that I n It ho he found some suggest suggestions ons that ri a apply alpl to business bUl Special P 1 trusts trust taken from the be should 1 Joge 1 In lH said and trusts haVo done man many jany I II things thine the they should not have bu ii I have also taught commercial America lessons One he be said was the I commercial pub- pub I value of or advertising The white light o of publicity he I Vald sald ai compels the dealer to make his i goods rl right ht The trusts o hn also tau taught ht efficiency ef tC tf- tf U of or or organization on a big biff scale have o thought of employees as a a. apart port part of ot the business by giving them shares hues In the profits he said They have liae done this In rather a 11 halting selfish wa way he lie added adderl nevertheless Une the they have started it The time Is comin coming corning com corn in ing when We wo all must reckon labor as asa asa a a. part of the business and not as mere mero employees mI He sus suggested e not only share of Qt giving faithful employees a a. the tho profits but hut looking Into the problems lems Jems of ot th the hom homes s of or the workers I the f education O of their children nn and the provIsion provision pro pro- I I vision Islon of or healthful places place in which to work The trusts he concluded have pointed the wa way to those things s. s if I the thov hA have luve been blen of ot no nn other hp Mr r. Baldwins Baldwin topic was Skin cm em I orl versus Creditors and his talk aRmore was aR more or less les's along humorous lines as nS I Ills His topic was waa wasi teas lf Justice Judgment Reversed Rev Mr GoI Go- Go I i Credit Mans Mana I s topic was The Th l' l Hereafter Tribute was t paid at nt tIm the tho banquet to toT JV T I r. Dornn Doran who retires ns IS a a. t. t director 4 6 n J secretary of or tile the association bv by his faction ecton as ao an associate member me of the theT T board oard When the tho motion was wis ma made e roa T Ro Roylance lanco gave way Sway to fJ 1 0 fTh Parsons Mr fr Parsons ob- ob ob yewed red that the motion was In order I recalled rr Ir Dorans Doran's untiring ac- ac In the association of or which I h wa one of the organizers it The speeches of or the evening were Interspersed In In- with music by the Commercial Commer Commer- I del cial club orchestra H H. S. S EnsIgn and andIs f MIss p Is s Mamie King tInS and a vaudeville was given by BObb Bobby Barry and Amy Amr Mortimer Mortimor I I Ari tr S H t the business meeting In the afternoon afternoon after after- noon the following directors were elected ed year Two-year term J J. J C. C Deal I 1 Arthur J luhn uhn Ogden Arthur Persons p r ons Ai A. D. D McMullen c M. M H If I Rn and Joseph Johnson Salt Lake onet one one- t r year var ar f term J J. H. H PatrIck C. C M M. and B. B i l. l Salt Lake J J. J T TI T. T I Voting mg g Pocatello and I D. D D. D Smith OgI Ogo- Ogo I I h lt i Prior to this time there have only been nine directors but an amendment it to the thc articles of ot Incorporation now I provides for eleven cleven ew members member's of or orthe the board hoard are Mr Mt Deal Mr Patrick and nd Mr r McIntosh All AU tho the old directors direct direct- II ors were cro re elected except Mr 11 Doran th retiring s secretary I Of pr the theto thesa directors tho following were cre Arthur Parsons president pres- pres ident M. M H. H Bowles 80 vice Ice Ice pre president t Jo- Jo soph Johnson secretary A A. D D. lc lc i. loll len treasurer Tim The directors director elected re-elected Walter Wright manager of the assocIation association asso asso- and T. T O. O assistant I manager an r. r Delegates Delegates who will represent tho the 3 association as a.- at the tho national convention In Cincinnati next month are arc Arthur ParSons Par Par- sons Walter Wright ht D. D J J. J McRae C. C R R. Bobbins Joseph Johnson E. E H. H Sparks J J. J S. S Barratt all of or Salt Lake and W W. J. J Startup of or Provo Practically was handled by bythe bythe the thc association in the tho last year n a ac according cording cording- to reports of or the manager and ana the president president- The association added 1 9 new members and the number of or new adjustments referred luring during tho year car wore 11 i. i Other statements mado in the reports follow Adjustments of ot insolvent estates which have ha been boen closed b by the association association tion during the year ear show dhow au an avera average e percentage o of ot paid to creditors on their claims Bankruptcy dividends paid raid during the tho year showed only 2281 81 per cent that liquidations by the association pa pay more to creditors One of or the features of the association association tion Is to take hold of or and close up Insolvent in insolvent In- In solvent estates without the tue publicity expense antI ami nd time required under court proceedings and tho the report submitted showed that tho the as- as association certainly ma made mado o good luring during this year ear earThe The report of the tho collection department department depart depart- ment mont showed that during tho the year over has been heen collected Collections are handled handle for 01 members of at tho the association association asso asso- elation on only I |