The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-12-01

There comes a time in the affairs of
progressive business enterprises when
they find that the confines which enclose
them In their old quarters are entirely
inadequate for the transaction of the in
creasing volume of business. At such a
time the necessity is eXpansion-the Sc
curing Of more adequate facilities
Such an institution Is the Utah Savings
q Trust company. Until yesterday that
bank has been serving its patrons at 160
Main street; now it is in a building es-
-pecially built and equipped for its use
and handsomely furnished throughout
The new building Is at 235 Main street 1T
IS 10 feet long and 26l5 feet wide. The
first two of the seven stories are pure
classic Doric in their architectural de-
sign. Above the second story the lines
follow the renaissance style as applied
TO modern office buildings
Furnishings and Fittings.
Throughout the building is absolutely
as areproof as modern methods can make
IT, It Is not owned entirely by the bank
itself. but by another company, the Utah
Savings & Trust Building company. which
holds one-third, John J. DAILY holds one
third of the stock, the f. P Ferry estate
another third. The building was designed
by Ware & Treganza and was built by
4. and ]. Mcdonald contractors. The
banking room has ceramic mosaic tile
floors. which class of floors prevail
throughout the building. The fronts Of
the tellers' cages are of solid Italian mar
is all of polished bronze The contract
for the bank room equipment was let
10 the II. Dinwoodey company of this
city. which, in turn, sub-let it to the II.
A. Andrews company of Chicago.
The furniture in the offices will be
largely mahogany; indeed, that style of
wood prevails almost throughout
The directors room is a handsome Of
flee in the rear of the building. When
the furniture has all been set il will be
one of the most elegantly furnished rooms
OF its kind.
BY especial decorators the work on
walls and ceilings was done. On the walls
the tint is olive green. with an imitation
ivory border at the top. This work was
done by Chicago decorators for the rea-
son, Mr.. Wells explains. he was told ii
could not be done by local decorators.
Safe Deposit Vaults.
The vaults with which the bank is
equipped are marvels of the safemaker's
skill. To begin with, there is two and
half inch layer of Bessemer steel and
then layer of concrete. and beyond that
more steel and yet more. The mechanism
Is one presenting a bewiiderment of won
ders in locks and bolts and wheels and
other cOntrtVances-
If a craftsman drills through the first
layer of steel when his drill comes into
contact with the second an alarm is
sounded at the street door and at the
police station. a fact amply demonstrated
yesterday morning, when. at 7:40 O'Clock,
ringing of the alarm on Main street. Pres
emily the patrol wagon arrived. The
alarm was sent in by accident, one of the
woTkmen having turned the governing
wheel of the main vault a trifle in max
Ing repairs. The incident proved the en-
tire efficiency of the system.
The Banks Business.
The Utah Savings & Trust company is
engaged in general banking business. 1t
proposes to extend its commercial bust
ness and Will continue its savings depart
ment. which has attracted an enormous
number of smaller depOsitOrs. 1t will con-
tinue extensively in the trust business. as
executir OF estates, guardian of children
and incompetents It will furnish bonds
for contractors and will have a depart
ment devoted to fidelity, the guaran-
teeing of mems honesty" Not infrequent-
ly il happens that one who exacts bond
prefers to have II from a fidelity company
Instead of individuals.
In addition to these the company does
an abstract business insuring title to real
estate.