The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-05-07
CREDIT MEN IN
ANNUAL SESSION
After the Business Meeting,
Banquet Is Enjoyed by
Members.
ASSOCIATION IN GOOD
FINANCIAL CONDITION
Officers and Delegates to Ma
tiOnaI Convention Also
Selected.

sociation of Credit Men met in
annual business session at the
Commercial club Saturday after
noon at go closing with ban
auet in the main dining room, nt
which nearly $50 plates were laid. The
business meeting in the afternoon was
without doubt the most enthusiastic
and best attended meeting Ill the his
tory of the organiza ton in Utah. At
the afternoon meeting the annual re-
port of the president. Arthur Parsons,
was read and approved. In this report
many interesting facts of the growth
and progress of the ASSOCIATION were
given TO the members.
According to the report, the present
membership Of the association is l3l,
showing an increase in the year end
ing Of twenty"One members. ENcrcIs-
ing its power, the association was in
terested in the last year IN 124 fail
ures, adjusting thereby 2775 claims.
The total liabilities in these eases
amounted to 5000, so. BY the meth.
ods adopted by the association in han
ding these estates, the failures paid an
average of 527l per cent. Bankruptcy
cases handled in like manner paid an
average Of per cent. Among other
things brought out in the president $
report, the following were emphasized
and received by the members with ap-
proval:
Business Methods.
t'This association now Is recognized
as the proper place to refer business
failures TO- as it has way of mar
shaling the assets and handling them
to better advantage than any other
way yet tried and at far less expense
Il, l,,, ,1--,, ,4o,- ,,Sl ~
proceedings.
SIN the collection of slow accounts
outside of failures, the association han
died 1881 accounts, collecting on the
same Sl5S, ,16T.05.
"The association furnished written
reports on retail dealers to the number
of 26,G26.'
According to the report of the treas,
urcr of the association, the organization
is in excellent financial condition, and
for the past year has shown an increase
of fevenue over the expense of opera
ton.
In the report of a special committee.
whose duty il is to prevent fraud
against members, it was shown that in
the last year three persons were ar
rested, one for perjury. one for making
false statement 90 obtain credit, and
one for Withholding assets from trus-
tee in bankruptcy. The last named case
was investigated by the grand jury, an
arrest following. The defendant is now
In jail awaiting trial. This committee |
was continued and will act for the en-
suing year
Officers were chosen for the year as
follows: President, Arthur Parsons
2. G. NJ r.; vice president. NJ II. |
Sowles, Salt Lake Hardware company;
treasurer, A. D. McMulen, Strevell- |
Paterson Hardware company. and sec
retary, z, l.. Doran, Svmns Utah Gro
Ger company, Additional directors
were named as follows; B. e. Mack
intosh, Sweet Candy company; j. W. |
Delanc, 4. ii. Boxrud company; Arthur
Kuhn, Of A. Kuhn & Bros, Ogden; ID. |
D. Smith Of Shupe- Williams Candy
company, Ogden. and j. 7, Young,
Idaho Wholesale Grocery company, Pc.
catello, Ida
Delegates Are Selected.
Delegates for the national convention
20 be held at Minneapolis in June were
named at the afternoon meeting, The
members chosen follow. together with
olternates: Arthur Parsons, Joseph |
Pingree. George L. Forester, Joseph |
Johnson, NJ. II, Sowles, j. w. Delano.
C. f. Travers and E. II. Sparks. Alter
mates, T. O. ohechell, Will J. Startup
and Bird Murphy.
ance of the campaign 10 secure the 1912 |
convention was emphasized and the
delegates named were given to under |
stand that they must come home with |
the convention assured for Salt Lake
next year. At the same time assurance |
was given the delegates that the sup.
port or the members as an organiza
tion and individually, as we'll as the |
support Of the Commercial club stands |
back of them in the efforts to land the |
big meeting. Inasmuch as the conven-
tion includes 1000 members from every
state and territory, the success of the |
delegates will be watched with eager
ness. 1t is assured that Salt Lake has |
good claims on the meeting, and that |
everything points favorably to secur-
ing it.
Banquet Is Enjoyable.
The banquet following the business
session was an enjoyable affair in every
way. The dinner of nine courses was
served to congenial, jolly crowd of |
6alt Lake business men. with some
forty out-of-town guests. most of whom
were from Ogden, AT the close of the !
dinner Arthur Parsons was introduced |
as toastmaster. Before introducing the
first speaker, Mr., Parsons briefly re-
viewed the work of the afternoon bust
ness session.
Among the interesting features of the
programme for the evening was the
music given by the Graham Music bu.
reau., The speaking programme con.
sisted of toasts rs follows: "Advant. !
ages of Uniform Legislation on Com
mercial Transactions, - Benner X.
Smith; 4" Bank Checks Wesley e.
King; Transportation, Stephen II.
Love; "UnIimited Credit the Rev.
p A, Simpkin. The banquet was
brought TO a close with series of
vaudeville stunts, including some of the
talent seen at local theaters last week.
Arrested for Speeding.
l. IL.