The Morning examiner. [volume] (Ogden, Utah) 1904-1910, 1910-06-26

!
Salt Lake ana Vici versa He hope
the visitors would enjoy themselc
and shaw their appreciation of
| iuDcoeoD Serve2 by turning In az
i, woT&ing at 1t WITH a viii.
Jeo Johnson Tells Story
Joseph Johnson, of the CONSOLIDATE
I ed Wagon and Machine Co. of Salt
Lake was prevailed op TO relate the
story otyhis attending a Chicago ball
| game With a new straw hat and the
| excitement which his sensational hit
| OK spring millinery caused among five
thousand base ball fans.
c. Il Long of the j. C. Mcdonald
Ophdy Co 70 Salt Lake spoke on the
, @bject of fire insurance and urges
CHAT those present would interest
themselves TO greater extent IN the
subject of fire insurance and try TO
spread knowledge of the subject by
Introducing 1t in schools and libraries
and through the medium debating
societies
walter Wright. assistant manager
OF the Utah Association of Credit
Men WAS called on for O few remarks
but escaped the ordeal by relating n
hunery-man story which was appre-
ciated
Arthur Parsons, president of the as.
sociahon and a recently elected men,
per OF the board of electors OF the
National Association OF Credit Men.
was then called on and responded with
the principal address OF the after
noon.
Mr. Parsons expressed his apprc-
ciatlon. as we'll as that of oil the visit
lnSl members. of the cordlallty with
WDSch the Ogden association had wei
%med them and commented on the
ue!iehtful canyon trip, tho menu and
the general air OF hospitality which
was apparent on all sides.
History Of the Association.
In reviewing the history of the Utah
association, Mr.. Parsons read from 4
clipping an account Of the first meet.
1pg i'll 1900 when. the association vas
organized and then follows with an
outline OF the purposes and intents
oi the organization and what had been
accomplished since its commence
ment
He said that the work OF the asso-
ciation was divided into three depart.
ments. viz. the inform alton collec.
tion and adjustment sections. The
Information department. he stated
was Tor the purpose Of gaining knowI-
edge Of value TO the members of the
association and discriminating the
same, establishing the credit records
Tor members and determining as far
as possible the nature of all risks
likely TO be encountered He said
that 1t was impossible to eliminate
IN element OF loss from the accom-.
pilshments OF the organization, but
thal Utah compared very fayorably
In Ihat respect With other states.
me speaker declared thnt the work
OF the credit association accomplished
much more for creditors than could
the bankruptcy law in the vent of a
man being forced to turn over his
business In order to satisfy his debts
IN rcsortins 10 the bankruptcy law a
ihan cannot escape the stigma at
.acneu 10 the proceeding, while IL he
turns over his affairs for adjustment
oy the association. the creditors are.
assured OF an equality OF adjustment
dnu IN many cases the man can he
assisted TO retain his business and
gradually regain his position and
credit He said that collections real.
lzed by the association amounted IN
o. and So per cent as compared with
~ la per cent realized through the
bankruptcy act
DISCUSS the Bankruptcy Law.
MI Parsons spoke of the Shirley
OIL Tor which the national associa.
tlon Is working, and which is an
amendment of the bankruptcy Law 10
give creditors more power In bank.
ruptcy discharges
The speaker took ND the subject
oil prosecuting frauds, credit depart.
nent methods, adjustment bureaas
hIe insurance reports. business liter.
AZURE and the Importance of securing
the membership OF the bankers Of
the state. Relative 10 the latter he
said that while in many states as
many as fifty bankers were members
OF the credit associations. in Utah
there are only five who have aflIiated
thus far
MT Parsons then closed his re.
marks With an outline cf the recent
convention Of the national associa.
lion at New Orleans and the enter.
'alnmeht provided for those who AZ.
Tended from the various states.
The officers of the Ogden Nanufac.
'urers & Jobbers' association undo-
whose auspices the credit men were
entertained, arc ]. s. Campbell. nreei-
dent I'll. l.. Griffin, Otto Buschiost
and w. +. Burton. vice-presidents
and ID. d. Smith. secretary and tres.
urcr.
Those Present.
me Following members OF the Utah
Association OF Credit Men attended
from Salt Lake:
Arthur Parson. with z. C. NJ. l.. p
j. Doran, Symns Utah Grocer Co
"A. ~ McMcllen. StreyelI.Paterson
hardware Co: c. r. Long. j. G Nc.
Donaid Chocolate Co; G. W. Lucas.
Gallagher Machinery Co. Z. E. Rich
and Wm. Cooper, with Peoples For
"arding company; Robert Hot. Sail
Lake St Jordan Milling Co: Joseph
johnson, Consolidated Wagon &. Na-
chine Co; George f. Ford, w. A. NeI.
den Drug Co: J. S. Barratt. Utah
implement Vehicle Co.. /. &C. Sne.
daher. Tribune-Reporter Printing Co
J. +. Hanson. Hewlett Bros. Co; viii
Perkes. X. G. Dun Sc Co: C. A me
Kahn Bros Co. w. r. Butler. JIah
Independent Telephone Co: f. Rosen.
baum. Rosenbaum Bros: L. T.. Dcde-
Kind, Fairbnks, Morse &. Co