Show carbon emery bank has stockholders annual meeting meet ing at the annual meeting of the stock holders of the carbon emery bank utah held at the bank this week A W mckinnon McKuin on was elected reelected re pres ident C R ferguson vice president and earl F hills cashier and se sec c detary garth larsen guy H jolley and larue H davis were re elected reelected assistant cashiers andyjohn and 0 john H redd corner gomer peacock and T N jensen were re elected reelected to the board of directors the four other direct ors are mr mckinnon mr fergus son A D keller and J W ham mond jr in his message to the stockholders mr mckinnon McKuin on said that the bank banks s assets are now nine and one half mil lion dollars and that an increase has been shown in this total each year since the bank was organized in 19 32 he pointed out that with the ex caption of the agriculture and live stock industries eastern utah has enjoyed a prosperous year and that this fact is reflected in the increase in deposits and loans as shown by the bank s first year end statement in his opinion the low prices for farm products and livestock have made it difficult for those engaged in this industry to make a profit in 1955 total loans and discounts of the carbon emery bank on december was three million seventy sev en thousand dollars this total was made up of 1578 loans to business firms farmers and livestock men individuals for the purpose of auto mobiles appliances furniture mod of homes and other per bonal needs and to individuals for the buying or building of residential property mr mckinnon said that these loans represent the bank s con trib tri ution to the our comman aties that the bank faces the year ahead with confidence in the loyalty and support of the entire bank staff taff S the directors and the stockholders he extended thanks to the banks bank s 1 customers for their thew patronage patro and loyal cooperation and said that the banks bank s growth groath has been due prim raly ruy t to 0 their use of the bank s ser vices |