Show BANK depositors FULLY PROTECTED tho the commonwealth lank nf of green liver will mill 1 le oliue I 1 4 log OB of tills week with a cantal ot of an I 1 a sari lus ii of tal is ing over the abita of and providing ft f t the complete protection of the lie in the former Commer Coin merrial elal auti and trying s bank batik of that city this vs yi we ina by brate hank bank coin commissioner m N T porter who placed the former bauk bank under bus euit eup nelon nalon january 0 aj under the file new arrangement which provides pr ovidea for the of bank operations opera tiona this week tho new institution enter caters leti into a stipulation to guarantee the deposit deposits 0 of tte tie former bank dollar for dollar furcht amore mr I 1 orter bald the he obit gat lont to the former bai bat k are now in such chape cape its to warrant tn belief that practically every noto will be trot et NN ord of it tie e reopening f the green niver bank under the new namo and under the management of 1 W arial hulm of salt lake president and cecil thompson former formerly lr of moab as a call cash ier ter with a strong directorate orate wa was received in banking circle circles with much pleasure plea ture a as indicative of the bound sound pw p w of the lanka batiks of the announcement wa was made saturday Sat arday by X T porter parter that satisfactory e 4 is I 1 ining made in the of t the affairs of both the moso state bank of f moab grand county and th the Commer lit levings bank of green riser feuly county both of which institutions have hase been suspended BUB andare now under the he direction of the bark commissioner suspension of both mr porter eald bald wae was largely due to conda huns i precipitated ty y the heavy drawls occasioned at tho the year end by br the transfers of public fund funds mr porter stated that depositors epo in both banks will bg and that step r are nonder asay a it lit 1 bryd tp ip tho back aitho thecly th etly fly without lose the plan plait for 1 the banke banks ta Is the tile earue same ae as that hat poked out at Roo roosebelt la in aigist loco the velt I 1 ink being without loee loss ia to any guy of the depositors the this bank are of the arta stilts bank commission with ith examiner n er W FL 13 evans tn tit cl arge urge of the commercial anil ani savings lank ani ant deputy examiner E 11 lit III charge of the thoi moal moab bank the aboab plate state lank filed its ti artl clev cle of ii corporation with the secretary of nf state jane 2 25 15 1913 1915 with a capitalization of 2 i the tile company wan was reorganized latr at r Jio lio weier ani new officers selected tn on may 10 16 1910 the capital stock ie is rained raised to t about two years ago the pres ent owner owners of the bank batik acquired possession of it they dt dil 1 a according to mr porter under the mot most ad circumstances J 1 r miller I 1 is preal lent and 11 II W Is cashier castler of the moab bank they took it iver ver according to mr porter under most alveree alverse stances and were making headway when the lump slump in prices and the extraordinary tra demand demands of the tile community tom came tho the bank lial extended loam loans made necessary in the struggle ruggle et to protect the securities of its it borrower sp an I 1 when the heavy ala ale were made by the of public fund funds the tile temporary suspension 1 of the institution utiOn was unavoidable its it deposit deposits amount to the commercial Comm erdal airl awl savings bank at oreen green kiver river amsi opened for buel bust less and rna its it article articles of incorporation idol december 31 1918 its it stick was aral 1 till wa was no eba rigel the tile lank ann ni organized by a large number of people an annl I 1 was not well mell managed mana geil to the bink commissioner mith the result that ita its capital stock was wa i rustically one uno ant wae being riet oreil with per cent when the present owner owners got control of it B J rillman sillman Is cash ter nal 1 principal stockholder a aid d george 11 thurman sn la Is prest tent lent these men ae aee orling to mr porter haye Im improve 1 the lank ani sal it ha ila mado made progress pro grese in readjusting its it affair affairs the ame same conditions praet lally tur oural both banke banks and are tire responsible for the temporary suspension loit of their busl bust ties tills banks deposits de amount to mr porter raid fald that there were rumors romor rumor ors afloat lit aa regard to the tile possible suspension of other bank banks la in the state but that these rancor rumors are wholly without foundation |