From Deseret News archives:

Ivory learned $$ lessons early

Published: Thursday, Oct. 28, 2004 1:02 p.m. MDT
 |  E-MAIL | PRINT | FONT + - 
A recession devastated Utah homebuilding when Ellis Ivory was an LDS Church mission president in England from 1979 to 1982. It evaporated the fortune he had built as a land developer and left Ivory holding land with more debt than it was worth.

"I was worse than broke," he says. "Many people said to just file bankruptcy. I said, No, if I live in tent, I'll never do that. I've got to pay every cent of interest, every bank back."

After study, he found a solution. He started building affordable starter homes himself, no longer depending on others to build on land he developed. That sold off his debt-laden tracts. Ivory Homes was on its way to becoming Utah's largest homebuilder for the past 17 years. It built 6,000 houses and developed 18,000 lots — and again made Ivory wealthy.

With such experience, Ivory sees problems as opportunities. So coming up with the idea of running for Salt Lake County mayor just a month before the election was not just a wild fantasy to him. He made some calls, measured the odds and dived in — quickly. Now he says he is working 18 hours a day, or more, aiming to win. He says lessons he has learned would help the county.

Story continues below
Ivory, 64, was born in Fountain Green, Sanpete County, the youngest of five children. His father worked in a variety of jobs, from shearing sheep to construction. When Ellis was 10, the family moved to Salt Lake County. His father started to build a home there but could not afford to finish it. He did manage to complete the basement, and that is where the family lived for three years. The family returned for a time to Sanpete County — and lived in a home without indoor plumbing.

As a junior back in Salt Lake County, Ivory entered Granite High School, where he had his first taste of politics. His friend Jim Dunn ran for student body president, and Ivory was his running mate for vice president. The campaign was based on "Ivory," the soap; elephants; and the Ivory Tower.

Dunn lost, but Ivory won. Ivory said he thought of resurrecting that old campaign theme in his mayor's race this year. "We were tempted because there is a mess in the county government, and we could clean it up with Ivory," he says. Instead, it opted to focus on the possible need to write him in on ballots as the "write candidate."

Ivory was the first in his family to attend college, at the University of Utah. A Sigma Chi fraternity brother, Roger Boyer, lined him up on a blind date with Katie Stohl. They were married in 1964 and subsequently had seven children.

Comments

You can be the first to comment on this story.

Image

Salt Lake County mayoral candidate Ellis Ivory and his grandchildren walk past an old Granite District school bus made up to be a moving billboard.

Related content
previousnext

Latest comments

Pitta doesn't win award

AARON HERNANDEZ IS A BETTER PLAYER WHOS ON A BETTER TEAM WHICH PLAYS IN A...

You're right, Chuck. Simplifying things sure does upset liberals. How come?

New Irish coach Brian Kelly

Tbe BIG Question is.... who will replace Brian Kelly after he gets fired in 4...

Max Hall wants to look ahead

I think everyone should give Max Hall a break. He apologized from his heart...

Detained Americans face deportation

If you read all of the stories you would see that many times the terrorist...

BCS did TCU a favor?

"You mention that BSU beat Nevada and Idaho. Nevada beat UNLV and Idaho beat...

My condolences to her family and children. If anything ran away from home,...

Ignored for 7hrs trying to have a baby, and your information (SSN?) was...

BCS did TCU a favor?

The Oregon that lost to BSU on that field where I can hardly see the players...

Budget hinges on economic growth

Why would our economy strengthen in the face of neighboring states economies...

Advertisements