Collection context
Summary
- Creators:
- Intermountain Title Guaranty Company.
- Abstract:
- This collection is comprised of 91 items, dating from 1927-1928, related to the establishment of the Intermountain Title Guaranty & Trust Company of Salt Lake City, Utah, consisting chiefly of correspondence regarding the assignments of posts in the new organization and the feasibility of the new business in Utah.
- Extent:
- 91 items in 1 box.
- Language:
- English.
Background
- Scope and content:
-
This collection consists of 91 pieces of correspondence and ephemera that are related to the establishment of the Intermountain Title Guaranty & Trust Company.
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.
- Biographical / historical:
-
The Intermountain Title Guaranty & Trust Company was established in Salt Lake City, Utah, probably in 1927. It is worth noting that the company was called the Intermountain Title Guaranty Company in most sources from 1928. The corporation was the first organization in the state which engaged in the land title guaranty. Stephen L. Chipman, the first President of the company, was from an established family in American Fork, Utah, who ran Chipman Mercantile Company.
- Acquisition information:
- In Library, 1992.
- Arrangement:
-
Arranged in 1 box in the following order: Correspondence (chronological order); Ephemera.
- Rules or conventions:
- Finding aid prepared using Describing Archives: A Content Standard
Access and use
- Restrictions:
-
Open to qualified researchers by prior application through the Reader Services Department. For more information, contact Reader Services.
- Location of this collection:
-
1151 Oxford RoadSan Marino, CA 91108, US
- Contact:
- (626) 405-2191