Show A TIE GUNNISON VALLEY NEWS GUNNISON UTAH r— REPORT OF CONDITION OF Gunnison Valley Bank LEGAL PUBLICATIONS OF GUNNISON UTAH A MEMBER OF THE FEDERAL RESERVE JsYSTLM AT THE CLOSE OF BUSINESS ON DECEMBER 31 1941 PROBATE and GUARDIANSHIP Published in accordance with a call made NOTICES by the Bank Commissioner of Utah and the Federal Reserve Bank of this district puisuant to the For further information consult the provisions of the Federal Reserve Act Clerk or Respective County ASSETS Signers Lomis and discount (including 3116642 overdrafts) 337955118 Obligations of States and political subdivisions 454540 UTAH STATE SOIL CDNSKUV Corporate stocks (including 3150000 stock of Federal Reserve Bank) 1010312 TION' COMMITTEE" Cash balance with- other" banks' including" reserve balance and cash items in process of collection 14425374 Legal Notice of Election of Three Bank premises owned 3700000 furniture and fixSupervisors for the Sanpete County tures 350000 750000 Conservation Distrkt Real estate owned other than bank premises 7 64348 Investments and other assets indirectly Notico is heieby given by the Utah bank premises or other real estate representing 350000 State Soil Consei vat ion Committee to Other Assets 100000 all land owners o omipes of land within tu boun(llulos of th0 lyinK TOTAL ASSETS 355110792 Sanpete County Soil Consei vat ion Dis- trict that Nominating Petitions for LIABILITIES Demand deposits of individuals partnerships and the election of thiee of corporations 313959901 saj(j Oistrict have beensupervisois received by Time deposits of individuals and corpartnerships porations 23141561 Bad State Soil Conseivation Coin- Deposits of States and political subdivisions 5259097 mittee 0tl 471371 Please take fuithei notice that on TOTlff1 DEPOSITS &nd °ffiCerV check®’ etc ) 34733 1930 the 27th day of Januaty be1942 TOTAL LIABILITIES (not tween the houis of 7 00 A M and subordinincluding ated obligations shown below) M P an election will be held 347831930 7:00 at the Gunnison City hall at Gunni-- ' CAP1TAL son County of Sanpete Utah to cpiulSurplus 1300000 elect thiee supetvisois fm Sanpete Undivided Profits 428862 County Soil Consei vat ion Distiict of Reserves (and retirement the State of Utah capital) 750000 All eligible land ownets ot land oeTOTAL CAPITAL ACCOUNTS 7278862 cupieis within tin boundaues of said Distiict shall have the light to vote TOTAL LIABILITIES & CAPITAL ACCOUNTS $551107 92 at the an id election This bank s capital consists of: 32300000 of capital notes and debentures By older of the Utah State Soil Common stock with total par value of $2500000 Conseivation Committee MARK ANDERSON MEMORANDA Secured and Preferred Liabilities: Executive Societal y Deposits preferred under provisions of law but Fiist Publication Januaiy 15 942 not secured by pledge of assets 25000 Last Publication Januaiy 22 1912 TOTAL $ 25000 State of Itah County of Sanpete — ss Andersen being first duly sworn to law deposes and according lays that he is Assistant Cashier of the above named bank and that the forfK0n8 report contains a full true and correct sUtement of the d kank Gie close of business on the 31st Dumber lMl day of bor Board has possibilities— that ll cn two conditions— that the members cf the boaid when selected are truly of the various Interlepresentativc ests concerned and that the board adopt immediately after its creation definite and constructive policies to govern its opeintions The latter point is made time and who again by informed obseivers aie piedictmg that the new board is doomed to the same failuic as the feiise mediation boaid unless it adopts guiding 'principled at the outset and lepudiates any polic that snunks of equivocation Businessmen heie feel that the fense mediation boaid muffed compl'toh th‘ W Ul"tun with th‘ indui" Thoy aI s L°f thc accounts C By dinal pi innple should not accent foi aibitiation n consideration the issue of the closed shop lequiring a poison to become oi icmain a mem-bof a laboi oigamzation if he is to get oi hold a job " The lght to belong oi not to belong to a union is an individual tight management has sisted and ncithci employers nor the should exeicise government any compulsion James Preston There is little rejoicing here at the outcome of the management-labo- r conference It’s moie than the Subscribed and sworn to before me this 7th fact that labor has scored another poday of January 1942 CPATV D E BORG Notary Public tential victory on the closed shop issue' The general feeling is that little My commission will expiie July 1 1943 progress has been made toward the STATE OF UTAH — Office of Bank Commissioner h Bank Commissioner of the State of Utah do hereby formulation of a definite war laboi ' §' certify that the foregoing is a true and correct copy of the statement of the policy for the country above named company filed in mv office on January 12 1942 The "agreement” reached RULON F STARLEY Bank Commissioner was in fact no by the conferees agreement at all It was announced by the White House not the confej-encand represented the program of SMILIN' JACK the labor delegates without offering any concessions to the representatives of industry It was observers pointed out an effort by the administration to give the semblance of unity on basic labor issues The program announced by the president consists of the following points: For the duration of the war industry and labor have agreed that there shall be no strikes or lockouts that all disputes shall be settled by peaceful means and that the president shall set up a War Labor Board to handle whatever disputes come up Almost from the beginning of the conference industrial representatives were prepared to accept this program proposed by the labor delegates on condition that a fourth point specifically excluding the closed shop as an issue for arbitration was added In spite of the fact that there was no agreement on this fourth point industrial spokesmen have announced their readiness to cooperate in the maintenance of industrial peace They feel that the National War La- - f tary -t — “ ‘ V : t ? ) I After a hard day enjoy - ' ' At "' V! - xff£ 4 £ 7a Tli- - mr ill in I " Out '( 'sirx 4Mwavxvw ) N isi idtn - Miss ( utmn'i Kopoi Dwayne Christensen and alvei t Mellor were home Horn ihool iivei the vviK’k end Mi in 11a O'Donnell of Isis Angeles and Mi and Mis Lyman Mellor of Annabella and Sherrill Mellor w ei e guests lecelitly of their sister Miss Belle Mellor Mr and Mrs titiy MctlOl eiltcrtatn-ea numlM'i of their friends Sunday The evening evening altei church A was spent at a vaiiety of games delicious luncheon was served One of our fi lends says he went to the toilet goods counter and bought hia girl an axis compact for Christmas Wc asked him wlmt is un axis compact and he told us it was tho kind which won’t lust more than sixty days Some folks say this war would have been avoided had we joined the League of Nations buck in the Let’s see who gave the Japs tics those islands in the Pacific they are nowusing as aerial and naval bases 7 Wailing Forlf Sail The Modern Merchant Doesn't wait for SALES Vvl UP ADVERTISES It Dcnth-Tco- tUofaomoonoWs-broioci- of Six dupbcal went Into each - cars TJ yu 0a and engines ooaeouidiauJNh— dead quit the runner-u- oulrfcpd XloVmorothnnt by avcragndbyeU (he mileage mere smoky They were N 'A tUfdl of Conoco u Dch-Tcste- d ben half ! That' Mile- corJ at Your abovo Get the vi eMercbanUCoa" Wh-U- -® parting Mdo prompt Winter CONOCO 1 t0 maVa totinenul 0 Vlll lJ vJ I MOTOR f I part JnUrW ffcoU Vf Ormnt V son V t t 11— of Mrs Sarah B Hill it tin tad home last week from Wvonotn tn wheie lie has been of the elemenii u imploMd ii h is been drafted tal m h mi n m m tin u m and will enter the soi lamiaiv 22 lie was i Mis- - Lilath Rob ome mip inn - oi A farewell ton Woming ilim my puts will he given in his Inmoi IIiii'mIiv ev einng January 15 m tli' Kavitto nuiseinent hall The piihlu is invited Hill '1 - t 9$Proe Fayette News Mayfield News " - ail of town in 'pl all tiding tin lon funeial ol Vustm u he s Every business in the countiy is were Mi and Mi- B In d to do its bit in defeating piepaied In e Piovo Mi and Mi - R It is iccognizcd heie that the Axis Mi and Mi n Id h p in mdust y is not meiely paying lip and ami Mi Prestage ol l‘iv sei vice to the need foi cooperation Ted Vooiluss of l’ason and Mis m the war effoit but has actually ooilu of Milfoid ami Mi IaVoi lolled up both sleeves hn a u and Mis linmison d V ida with appiopnate action of In Mis Man- r imits willingness to eo ojieiate in Pi lee The aviation mdusti which in the daughtei hi Mi in n d in Joseph peacetime year of 19:17 made a little t weik nioie than $100 million wmth of air- Salt Like and Ogden tin Miss Al ton Bat tholomew was t hos(vlanos expanded to an output of about $1 5 billion lust year In 1942 cn (lu'cii foi the (mid md (iiiiti bull roni Ma field aviation will join the industrial giants In Id a of mote The Relit with a piodurtion social than $3 billion Tuesday afteiiioon m tin waid chapel The ai my and nav hnve called in honoi of the motheis with hoys A fnm foi 1000 planes a month by next n the seivae pmgiain was November That) and means uTieshnicnts almopt rendcied served to a huge auwd doubling the current rate of production OPM experts aie hopeful that Mis Elnoiu Jensen nsentlv ictuin-ewith the aviation and automobile infrom Salt Lake City While there dustries cooperating the desired rate she visited hoi piionts Mi and Mis can be reached C Dennison and hmthei Ljnn who Another illustration is the alumiis leaving foi the nimy on the 20th In 1937 this industry of this month num industry wns coneentiating on needs for pots Angus (’hi istiansen spud a few and pans railroad tiains and automodays in Salt Lake on business biles Fiom a production of less than Donald (’hi istiansen spent the past 300 million pounds that year its outweek in Salt Lake visiting his sister put jumped to 600 million pounds in Mrs Jack Affleck 1941 with airplane producers the big Mrs Juck Bailey und childion of customer This year it is expected Salt Lake spent a week in Mayfield 800 million that production will top visiting friends and relatives pounds bad that: It makes us feel not-shas alThe Library of Congress a to of removed greater place ready original security its four the documents: The Magna Carta of Gutenberg Bible the Declaration Independence and the constitution of the United States Plans are afoot to triple America's synthetic rubber production program if enough This will be undertaken can be provided for the construction and operation of the new plants More than $200 million worth of owned by strategic war materials foreigners was uncovered by the census of Treasury’s hss been This property property which turned over to the SPAB plana to use it in the All led wtr effort Some of the property had been hidden in warehouses and factories by Axis agents and consisted of alumibrass automobile parts tools num and machinery allbf which Treasury officials point out can be used by the United' States to good advantage V1’ P Pi imIih I V I V'"'' stnapshots E ANDERSEN 4 7 f‘‘'eneethntthenewboaulasaca ’Washirujt on Correct Attest: IRA OVERFELT CHAS RASMUSSEN ANDREW MODEEN Directors mx m) n n ri i t ) |