The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1906-05-06

patterned their adjustment bureaus after ours.
Ono Of tho higheat compliments thnt could
be given my association was paid us by tho
president OF the National Association OF Credit
Men when he said that our association had
paid n higher percentage on tho claims as
signed to It than any other association in tho
United States
Invitation Extended.
We have been invited to become members OF
the Noto@l Association OF Credit Men. and
come to US by accepting this invitation and
joining the ranks OF the 10000 strong and con-
servative business men who are at present
allied with that association.
The members OF practically every credit
mems association In the United Statoe. cx-
cept ours, arc also members OF the National
association and 1t seems 10 mo that IL is our
duty TO Join them and help them to better the
credit conditions In the country generally. and
to proper legislation regulating those
matters In which wo are most interested.
Will Help the Locals.
we nr9 able at tho present time. without
increasing the membership Fee to give each
member membership in the National associa-
tion as well the Utah Association OF Credit
Men, and IL we join the National l boneNo
We viii become stronger and in closer contact
with the business men OF the country, We VIII
be supplied with their Monthly Bulletin and
other matters which they get out from time
to time. and which ,arc of Importance and In
tcTest to
chants with whom wc arc transaotinC euei-
ness to carry sufficient Insurance to protect
Will not only benefit the merchant himself
but II Will also be OF value to the wholesaler
Jobbcr and tho manufacturer. from whom the
merchant obtniRs credit.
Sad Illustration.
A sad Illustration of neglecting to attend
10 this important matter occurred n short time
ago: a certain merchant had carried = policy
for $500 on his storo and stock. Tho policy
intended TO renew II on the eighth, but on
the seventh fire occurred which destroyed
his property and left him practically without
In order 10 commence business nGaln no would
have to secure a new building and get fresh
credit as well as meet his old accounts and
this no unable to do and so was left in
a very trying and embarrassing position,
Should Be Warning.
The San Francisco dIsnster should be
warning 10 oil business men to be properly
tell the time when he is likely TO be burned
out, and little encouragement on the part
OF our association Will have n wholesome et-
feet on the merchant to whom wo are extend
ing credit
Wo should work in harmony and help build
each other up and keep business at home,
and by so doing build up our State. III for
some reason We are unable 20 secure certain
business or TO supply certain lines. II would
be a good thing for US TO encourage tho mer-
chant to turn that portion ot his business
over TO some other member OF our associo-
within the borders OF our own Stnte.
Merchants in Harmony.
The merchants of tho state arc working
in harmony with US. they realize that our
interests mutual and that We arc work
ing TO improve their conditions. well as
our own. They feel that do not desire
10 any OF them fail and that whenever
IL Is POSSIBLE to avoid q failure we viii use
our influence and our good Offices TO prevent
II. They have observed tho many advantages
that have come TO them by reason OF the or
sN.gIn Th..- hdr~.
noted how the deserving merchant has been
helped TO tide over his affairs during the days
Of embarrassment, and how VIC have pre-
vented failure In mnny instances.
Work Effectively Done.
In conclusion, l wish 20 call your atten-
tion to the efficient manner in which our Of
hces have been conducted The manager Of
our Association and his ASSISTANTS havo been
thorough In their work ard honest In their
efforts to perfect tho mechanical workings OF
the association and too much cannot be said
In praise or their good work.
our attorneys. Mr.. Thomas and Mr.. May
cock also have had interests at heart
and have looked well after our legal depart,
mcnt In all It's details. L trust that you VIII
give your hearty support In tho future 10
tho MANAGEMENT OF tho association and the
now officers who shnll DO elected 10 serve
YOU us you have supported US in the past,
that VIC may work In harmony 10 maintain
in Utah the best credit mems association In
tho United States
This was followed by tho reports OF
the secretary and treasurer. II showed
that from q DalunCo OF Siiio.5S u year ago,
tho receipts had increased this amount TO
S147. .67l II, with expenditures of S132SI7 10.
leaving a balance of SIS. l23.7 on hand.
The directors being chosen as above
given. the chosing OF the other officers
followed by the directorate. Committees
TO be vet chosen from the directors are
the auditing, executive, membership and
legislative committees.
VIII Ask Transportation.
The first work Of the main body was TO
appoint a committee consisting OF Sol
Sicgel Edward RoscnDaum and s. Weitz
to draw a resolution for every member
TO sign This resolution was to ask OF
the railroad managementS transportation
for tho manager and assistant.
A fund was pledged in the amount OF
so 900 to be used IN prosecuting fraudu-
lent debtors.
Will Join Big Body.
It was decided by a decisive vote TO
Ioin the National association, after II was
fully understood that the Utah body
would be under no obligation to furnish
Eastern houses any of It's local informa-
ton as 70 home trade conditions.
To show that the association was for
all the members alike. II was decided by
resolution that when one member asked
for an investigation on the part OF tho
OF n creditor that all members
should be appriscd of that fact.
Will Issue Letter
II also was decided to issue a circular |
letter. backed by the association and all |
the individual and firm members urging |
retailers to carry insurance at least 10 |
the extent OF protecting all his creditors |
on tho manner OF gathering trado re- |
ports, an understanding was arrived at
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