[George Q. Cannon]
When President Taylor received the manifestations that prompted him and myself to take the course we did in purchasing a two-thirds share of the Bullion, Beck and Champion Mining Co., we were under the necessity of borrowing $25,000./ of the Trustee-in-Trust. This was done with the knowledge of the Twelve, it having been submitted to them by President Taylor. For this sum we gave our joint note, drawing eight per cent interest, and President Taylor drew a mortgage on his mill at Ogden to cover the note and also secured it by a portion of the Stock which we had consecrated. In view of the precarious condition of President Taylor's health, I was exceedingly anxious to have this note taken up. I wanted it settled, if possible, in some way before his death, that it might not be mixed with his private affairs and put in the hands of his executors. ...
[The Journal of George Q. Cannon, Church Historian's Press, https://churchhistorianspress.org/george-q-cannon]
No comments:
Post a Comment