View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

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