Los Angeles herald., 1905-06-19
LOS ANGELES AND SALT LAKE
REALTY DEALERS
IN BUSINESS COMBINATION
Leading Spirit In the Movement Is
Kenneth c. Wells Of Redlands.
j. Ross Clark Suggested
for President

IuG AbiiVNluh GNAidNA llblli iilG DcAil
Lake Daily Herald is of special inter.
est to Los Angeles real estate and
business men:
THE greatest things about Sail
Lake are the wonderful possibilities
that lie stretched out before her."
This statement from one Of the
prominent visitors from Los Angeles
gives in a nutshell the combined opin-
ion Of the entire California delega tion
Without exception the visitors are en-
thusiastic in their praise Of the city
of its location, of its plan, of its
beauty, of it's wide streets, of its
wealth, of its prospects for rapid
growth of its fine schools, Of the num-
erous Improvements going forward, OF
it's future as center of commerce be-
cause of the incoming railroads, of its
advantages as a pleasure and health
resort, and of the great irrigation
works in the hands Of the general
government.
Well Pleased With Salt Lake
These men with the experience
gained in the struggle of building Los
Angeles till that city is considered the
rival of the best on the coast, in
quired minutely into the water supply
of Salt Lake, the sewer system, the
condition of the streets and the pros
poets for Improvement, the output of
the smeters, the condition of the local
banks, the record of mine dividends,
the health statistics, the prospects for
additional railroads, the output of the
surrounding farms, orchards and
ranches-in fact they made a study of
every material factor that plays
part in the development of any COM
munity.
The best evidence that the invest-
gators are satisfied with what they
found is to be seen in the fact that
many of them have already invested in
city real estate, many others are pre-
pairing to do so, and a number of others
real estate men-are planning to
open real estate offices in this city.
These latter are so thoroughly con-
WINGED that Salt Lake is destined to be
a great city that after one days in
spection they have determined to cast
their lot with the community. Some OF
them will retain their present offices in
Los Angeles and open branch offices
here. Others will make Salt Lake their
main headquarters. These men are not
yet ready to make public their plans,
but the indications are that they will
play prominent part in pushing this
city to the front. They will inject into
local conditions some of the skill, de-
termination and enthusiasm that have
carried Los Angeles so far ahead.
Plan to Form a Syndicate
On the train going out to Bingham
yesterday morning there was an in
formal meeting of real estate men and
others, among them bankers, business
men and capitalists, at which it was
proposed to organize a syndicate of
Los Angeles men to handle Salt Lake
property. The moving spirit in this
scheme is Kenneth C. Wells, president
of the Redlands board of trade. The
idea suggested was to incorporate a
company with a capital stock of $780, 900.
in shares of 800 each, limiting holders
to ten shares each and requiring cash
payment of 20 per cent when the stock
was taken. 1t was also proposed to
make j. Ross Clark president of the
corporation.
Mr.. Wells said last night that moth
ing definite has been done in the mat
ter, but he was convinced that the en-
terprise could be made a great success
providing the right men could be in
duced to take hold of it, The PROPOSE
ne said, and Mr. Clark had refused the
presidency because Of the many other
demands upon his time.
Herald Notes
Frank Walsh is a good man to keen
your eye on-if you can. for he is a
swift mover. Gus Holmes brought
Frank here because he is a good judge
of commercial chances Walsh is one
Of those men who can start a boom in
city by taking an option on a corner
lot
Billy Garland is another man Salt
idhClS cultivate ne is III lHt
front row of real estate men in the
south. His signs have done as much
to advance Los Angeles as any other
one factor. All over the city you can
read, painted in two-foot letters; LOS
Angeles. Population in 1906-250, ,0O0."
Garland has kept up this system of
advertising for many years and never
makes a mistake in his population
prophecies, except sometimes to under
estimate the figures attained. If you
want to meet him, just keep looking
for young man who looks like Rich
ard Harding Davis.
The Salt Lake Tribune made the fol-
lowing reference to local real estate
men in the write up of the CONNER
cial club banquet:
Robert Mitchell who was called upon
as a representative Of the younger ele-
ment among the visitors, said in part:
I'VE are going to help you build up
Salt Lake city. When we meet the
men who have made their millions in
Los Angeles we will say to them, Come
TO Salt Lake and we can show YOU