Arizona republican., 1916-10-01
PHOENIX TITLE AND TRUST CO.
 IN NEW HUME

For the first time since the organi- l zaton of the Phoenix Title and Trust i i company, that concern is today ready | | for business under its own root at | PC, 12S 130 and 132 West Adams 1 street, formerly the property of Judge 1 Edward w. Wells, the oldest abstract | and title company in Arizona by vir- 1 l tue of succession and continuous op- eration, now finds itself housed in quarters that a decade hence will be | considered ample adequate and modern.
 Located within easy distance of the majority of the concerns which daily find occasion to do business with the Phoenix Title and Trust company only a block or so from the court | house and but little more from the l DostOffice and the leading banks, that company considers itself fortunate in having been able to acquire a build ing so well suited for it's growing l business
 Over all the building covers a floor | space of fifty feet by one hundred and thirty seven feet. Erected not much over three years ago, the building has full plate glass front, a modern ! heating and cooling system and high metal ceiling. This formed an ex- | cellent nucleus for the improvements necessary to install to meet the re- qnirements of the company. With handsome fumed oak fixtures, in stalled by the Home Builders com rany, with powerful 800 watt Brasco- lite electric lights, and yards upon wards of cork linOleum, a truly rich and comfortable appearance was at once secured
 The entire front of the building is given over to broad lobby At the right as one enters is found the space allotted to the secretary and man. aSer, while across on the left, the same amount of space is given over to the president There is a small enclosure in which are desks and chairs, giving these officers full op- nortunity to overlook the entire estab- lishment. To the rear of each open enclosure is room where the off cer may retire in private with a client. To the rear of the offices of the secretary and manager is the d- IectOrS' room while still further to the rear is another room which may be employed for the title and abstract business Opposite there are roors where tEe escrow business will be conducted.
 Now comes the big general office room. where are numerous desks and tyDeWriterS. off this big room are located two of the largest vaults Tn Arizona One is for the escrow pap CTS and the other for the title papers and other records of the establish ment. These vaults are equipped with sheet steel filing cases and other fix tues necessary for the preservation of valuable documents The vaults are equipped with modern time com flnation locks and are in every respect as impregnable as those of the mod ern bank.
 The company is known as the Phoenix Title and Trust company. It Is the direct successor of the Phoe- nix Guarantee Title and Abstract company, the reorganization being ef- feited on January 31 1910. It now has a capital and surplus Of s165. .0O0. Of this amount S50,000 is kept with the state treasurer as guarantee of the policies issued by the company 4 force of from twelve to sixteen em- plOyes is required to transact the business of the company Nearly one half of these are stationed in a big rear room. leading from tho general offices where thev pore over books, mans and papers delving into records. m9kin" searches and posting up rec ords from day to day. So complete ] iT the system of keeping records. it is stated if She records of title in the county recorders office should be de- stroyed. the Phoeniv Title and Trust Comnanv Could furnish duplicates of every one of them. An evpert ab- Stracter ie constant1v at the court house and every deed title, mortgage or cancellation of mortgage filed there becomes immediately part of the rec ords of the cOmpany. A daily report of all papers filed is issued and is supplied to subscribers at $200 per month.
 The concern primarily conducts a title and trust business. In addition and in conjunction with this business it is prepared to handle escrows. to act as administrator and guardian of estates, to draw wills etc, and to handle loans for clients. Colonel l.. w. Coggins. the secretary and man. ager, has been connected with the company, or companies it has sue ceeded for over twenty years.
 Tho officers of the Phoenix Title and Trust company are: H. B. Will kinson, president; John Dennett. Jr., vice president; L. w. Coggins secre- tary and manager. The directors are:
 II. B. Wilkinson, John Dennett Jr, L. w. Coggins. Philip Wiseman, E. J. Rennitt, Dwight E. Heard H. P. De- Mund, & Oberfelder R. H. Greene, E. w Wells. F. A. Fowler. Wm s. Hum- bert. Wm. C. Hartranft.