Manuscripts
Palmer, Nephi. 1 letter to Intermountain Title Guaranty Company. 1 item
- Description
- This collection consists of 91 items which are related to the establishment of the Intermountain Title Guaranty & Trust Company. There are two types of sources: correspondence and ephemera. The correspondence is in chronological order. The majority (77 items) of the collection is correspondence regarding the assignments of the posts in the new organization and the feasibility of the new business in Utah. Major posts are held by those who had been already connected to real estate business and were from a higher stratum of the society, such as successful proprietors, bankers, accountants, and lawyers. As noted above, the Presidency was taken by Stephen L. Chipman; Vice-Presidency, L. W. Smeltzer, a member of the executive committee of the Utah League of Building and Loan Association; Treasurer, R. L. Conely, Secretary and Treasurer of Intermountain Lloyds, and so on. Almost all letters mention that the new title guaranty company would contribute to the people in the state as well as be profitable to the investors. For example, I. E. Brockbank contends in his letter to Chipman that title insurance is more reliable than the abstract title system which Utah had at that time. Ephemera are composed of reprints of transaction records, articles, and pamphlets of the title guaranty companies in other states. These materials are supposed to be used when the Intermountain Title Guaranty & Trust Company called for the investment.
