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Form No. 131 f\ C t* i~* 1 FEDERAL RESERVE U m c e Correspondence To Chairman Eccles /rom_ J« M. Daiger BA D 0R r w December 15.1955. Subject: Attached correspondence of ft-s First Security Trust Company Mr. Granville and Mr. Smith saw I I . Catherine /r last Saturday morning and discussed with him the matter referred to in the attached letters. This is a matter on which a definite answer cannot be given now, but when the appropriate time comes I have no doubt, from what Mr. Catherine has told me, that the arrangement proposed by Mr. Granville will be made. November 18, 1935 I Mr. Marriner S. Eccles Federal Reserve Board Washington, D. C. Dear Marriner: A few days ago Mr. Franklin D. Richards, State Director of the Federal Housing Administration for Utah, requested us to furnish him with certain forms used in Utah with reference to the sale of real estate. Mr. Richards also advised us that it is the intention of the Federal Housing Administration to appoint some company in Salt Lake City qualified to handle and dispose of properties acauired by the Federal Housing Administration through mortgage insurance. Enclosed is a copy of a letter we have addressed to Mr. Richards with respect to this work and offering our services. I feel confident our office is better equipped to handle this matter for the Federal Housing Administration than any other office in the city. Vie are told by the Prudential Insurance Company that their acquired properties have been handled by us in a very satisfactory manner. This is an account we would like very much to get and we will appreciate it if you can do anything in our behalf. Kindest personal regards. Very sincerely yours> V.RG.BZ enc. O/?C/1A//2'/177O/V November 25, 1935. Mr. Vv. H. Granvxlle, Vice President, First Security Trust Comoany, Salt Lake City, Utah. Dear Ray: I acknowledge receipt of your letter of November 18th enclosing copy of a letter addressed to. ' Mr. F. D. Richards, State Director of tne Federal Housing Adndgnistratiori. ... . ... . ' > .1 .am turning this corresoonaence oyer to Mr. Daiger, one of my assistants who is keeping in touch with the Housing administration and the mortgage business generally for the Federal Reserve Board. He. is very well acquainted with the officials of the Federal Housing Administration here and devoted a great deal of time in helping them to work out the regulations. You no doubt wj.ll hear .from him later with reference to the subject matter of your letter. vyith kindest regards, • \ >:. , ... . ^ i . . ;.' • .' '• . MSE:VE:.b . , . Sincerely yours, . Jill M A I N AT E X C H A N G E P L A C E Moveabor 15, 135S Mr. F, D« Eicb2x*ds» Stt.te director Federal Rouging Aoainistr&tion First Sertionsl Buik Building Salt ui:5c &r« Richards* In harmony with your request for fwritau forms In use In thi «• ^re pXo&sed to enclose hortmith the I# UniJTos^s Heal Sttati Contract at -approved bv th« Belt Lake Real B#t&t* Bo«rd« E« i\narta<mt lm*sm as CUKN! bj'' this office* 4, Sales Ageacy A M M B ftfi appmved ^r Selt i»?.l:e Heal ^ M Mt Estate Bo«ird« 5« Mfiaagesent AKroeaieat for houses* 6* Schedule of f«?ea mm prescribed by Salt L*ke Beal Estate Board* Should you da&lre the fiervieos of • fftlet agency or & ::roperty departMSst in eormection vitli accuired properties,, ne fthaU be glad to extend our serviee? to you* For oore th«n twenty vet..r.-5 past ¥;e huvt) rsaiutsl^d a very motive Real Sfttate kzles Depcurtseot and a Prooertj KtAefsaettt D«imrt.?ieat» The ^er@ozmel in *Uies# deyfc Mttti up of la^a with years of e2r:perieae© sad u t T taralae^l in their fields. W act M loan correspo'ident in t)tah for The FwuiSWtlHl Iaaurnne© e Com;>«ty of iuaerica end f-houlcl b© rery (lad to ii&ve you oattSttlt tbea SJ to •the NattMET in which tJie.tr aflwwutt has been handled* If we CMJ be of service- to you in the ha&dliag of acnuired d i f ©i^ier the salsus a^eney emitract or the aicaiegeae&t ligrfHs&eat not D with the approval of the Federal Rousing Adslnistr&tion, n 6^&U bfc gla^ to isake such reasoaable changes therein as »sy be maeiusjfj1 'to nftttt your eeots * Vo.ty truly • • H# Onmirllle Vice-president /7/?S7~ CO/?PO/?/}77O/Y
