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Show III 1 s LEI1I, UTAH, THURSDAY, JANUARY 21, 1932 No. 21 ke B ank of ehi to Reopen Stake Quarterly Conference Next Saturday and Sunday LtDr l infl Condi - t?"1 Banking Closed In Th v nf Lehi, sale IK""1 " which Tsaturday morning by an -rf ,J will reopen a : Mts directors, win rc s pUD L m a statement rVw-B-Chipman, . .... witution. r va moer and affairs are SP?frlrfectly safe nand meets eve, . vinf? resrula- (inne ,t aebank was ' - w nrotect the deposi ts 1U. itit,ition k patrons 0l r - was learnea M Fork banks and one wer6 closed f 'nua at eve- Federal Aid Coming For Agriculture, Commerce and Industry s' f:ty wtors of the State Bank , called into a meeting L Saturday, and after be- !vIsed of the closing iu . ... J VnnnHnff the f n? nanus a"" " unsettled conditions. , i thtt tnanv ate as a resun Mures they decided to cios rsriiv. feeling it would be to L Interests of all depositors be city in general. A notice 3j the public that the direc- :f the bank had decided to the institution temporarily ported cn the door and the m not opened to the public ,turday morning. . leers of the institution tn- oethat the peoples' savings and lis amounts are absolutely aid secured and every deposi ts fully protected. The bank Sno borrowed money and on jg will be able to meet every ad of depositor who may reikis re-ikis or her funds. Je bank Is one of the best op-Id op-Id small banks of the state :;s securities are said to be first I ia every case. The institution anted the public of Lehl and for the past twenty- years and has always made T, continued its upward climb .as maintained a steady growth. I rill still be able to continue its f : in this community and will I with the city and citlzena I .-(Beers and directors are as s: V. S. Chipman, President; fa H. Gardner, Vice-president; f- CWrman, Cashier; G. R. pson, Assistant Cashier; and h directors, J. F. Bradshaw, S. fNwin, Eiward South wick and P-Evans. I -e state law gives the bank the j;1se of remaining closed, thirty but 11 is fully expected' by all I 'mk dicers that the acute Pl conditions in our state will pved shortly and the con-p con-p of the public restored and J nk reopened before the re-P re-P time expires. 1 1 Wap of young friends enter- a shower party at the lfflss Gladys Shumway in Fork. Friday evening, in r of Mr. and Mrs. B. J. Lott. v ere married last week in f. City. The evening was fta Playing progressive card l.which dainty refresh- Man bea-. bea-. Presented to the young Washington, January 20 Fin- ancial relief for agriculture, commerce com-merce and industry in the sum to tal of two billions of dollars is the purpose of the newly enacted Reconstruction Re-construction Finance Corporation Act, which forms the hub of President Presi-dent Hoover's twelve-spoke pro gram for the rehabilitation of the nation. Reduced to simple terms, the act is designed primarily to bolster the fast faltering banking structure by aiding both solvent and insolvent banks; to prevent a collapse of the rail transportation systems of the country, which find themselves un able to carry on necessary refinanc ing because of unfavorable security market conditions, and to aid In termediate Credit Banks, Agricul used in making additional loans In the next year or two. The great necessity at this time Is the. restoration of credit and confidence. It is the hope and the belief alike of public officials and the heads of the great agricultural, industrial and labor organizations that this measure will accomplish this result. ?. STORE B"5Y CORNER ly count" is tural Credit Corporations, building and loan associations and insurance companies. - With the failure last year of 2,-290 2,-290 banks with deposits of $1,759,-000,000 $1,759,-000,000 it is apparent that swift and effective action must be taken if relief is to be afforded In time to prevent a most serious and far reaching development. The outstanding out-standing difficulty confronting the country springs from the loss of confidence and the general state of fear that has been created by these widespread bank failures. Meantime, banks that are members mem-bers of the Federal Reserve- System find themselves without such he-gotiable he-gotiable paper as can be offered for re-discount at the Federal Reserve Banks and so are unable to find the necessary assistance from this Federal system. As a consequence of these developments deposits in large amounts have been tied up in banks now solvent; confidence has been seriously 'shaken and there has been a break-down of local credit facilities with widespread de creases in values and general de moralization of business. In this situation there must be an improvement in the banking system before there can be any expectation of a return to normal conditions in the nation's economic 'life. With this end in view the Reconstruction Finance Corporation Act will provide pro-vide fredit facilities that will afford af-ford relief to many banks that are worthy of credit and are unable at this time to command necessary accommodations. ac-commodations. In addition to the relief which will be given to these institutions, provision Is made for loans upon the assets of any banks that are closed, insolvent or In process of liquidation to aid in the reorganization reorgani-zation or liquidation of such banks. It is the hope that this provision will afford a large measure of relief re-lief to communities that have been deprived of normal banking accommodations accom-modations and so aid such communities com-munities in attaining economic recovery. re-covery. The depression has hit the railroads rail-roads hard, causing tremendous decreases de-creases in both their freight and passenger traffic income. In addition, addi-tion, the condition of the financial market affects their ability to refinance re-finance maturities that are coming due and which are in some instances most pressing. The total amount of maturities which, fall due this year is $110,782,506. With refinancing of these obligations obliga-tions made impossible under present pres-ent market conditions the whoU transportation system is threatened with disaster if relief is not Afforded. Af-forded. The Reconstruction Finance Fin-ance Corporation is authorized to make loans to such carriers as are unable to obtain funds upon reason able terms through banking chan nels or from the general public. . With this vast aid to banking institutions, agricultural credit or ganizations and to the railroads, it is the confident belief that the ciedit situation will be eased all along the line with adequate facili- Old Folks Winter Outing To Be Held Next Friday The Old Folks General Committee Com-mittee are busy this week prepar ing for the winter banquet for the aged people of Lehi, which is to be held Friday, January 29- They are Seties. Trad. arranging a gala affair for everyone every-one and the old people of Lehi will again be made happy and enjoy a day with old friends. A program will be held at 11 a. im. in the Hign scnooi Auaitonum. Dinner will be served at 12:30 in the old folks rooms in the Memorial Building. After dinner the guests will be taken to the High School Auditorium to see an excellent play, presented by the high school students. - After the play they will return to the Memorial building and spend the remainder of the time in danc ing and social chat until 12 o'clock mid-night. The public is Invited to the evening dance. The price will be twenty-five cents per couple. The guests for the old folks party include all those over sixty years of aee. widows, widowers, missionary wives, stake presidency and wives, bishoprics of the five wards and their wives, stake secretary and nartner. If the committee misses anyone In their canvas this Is general invitation to ail tnose eligible to attend. We have heard of. so much depression, de-pression, sorry aches and pains, try and forget it and come with a smile and join with the committee again in a jolly good time. The Old Folks committee who have worked so hard to make this occasion a great success every year and who deserve special mention are as follows: First Ward Mr. Ellis Peterson, General Chairman; Mrs- i.tnei Goates, Mrs. Florence Ford, Mrs. Allie Powell, Mrs. Ellis Peterson, Jay Cox and Jasper Rolfe. Second Ward LeRoy Davis, Chairman; Chair-man; Thomas Powers, Mrs- LeRoy Davis, Mrs. Delia Fox, Mr. Robert Fox, Mr. and Mrs. Hyrum Evans, Mrs- Margaret Klrkham and Edward Ed-ward Larsen. Third Ward Isaac Fox, Chairman; Chair-man; Mrs. Isaac Fox, Mr. and Mrs. Thomas Trinnaman, Mr. and Mrs. Charles Colledge, Mrs.. April Zimmerman, Zim-merman, Mrs. Byron Brown and Mrs- Maude Udell. Fourth Ward Elisha Peck, Chairman; Chair-man; Mrs. Elisha Peck, Mrs. Georgia Peck, Mr. and Mrs- Nyron Fowler, Mr. and Mrs. Lott Russon, Mrs. Marian Johnson and Mrs. John Smith. Fifth Ward Elmer Jackson, Chairman; Mrs. Elmer Jackson. Mr. and Mrs. Jessie Smith, Mr. and Mrs. Ben C. Lott, Mr. and Mrs. Louis Peterson. The regular quarterly conference for the Lehi Stake will be held Saturday Sat-urday evening, January 23, and Sunday, January 24. The new Apostle Joseph F.' Merrill will be the visiting authority In attendance. George II- Brlmhal of the B. T. U. at Prove will also ba" a visiting speaker. The Saturday evening session will commence at 7:30 p. m. in the High School Auditorium with Presi dent A. Carlos Schow in charge. This meeting is for the general public- An excellent program has been planned. . The first session on Sunday will commence at 10 a. m-, the next session at 2 p. m- Fine programs have been outlined for these meet ings and the Stake Presidency desire de-sire a record breaking attendance at each one. Apostle Merrill will speak at each meeting and is sure to give wonderful talks of great in terest to everyone in our state- Sunday evening at 7:30 will be the regular M. I. A. conference with Dr. W. L- Worlton, President of the Stake Y. M. I. A. in charge. Apostle Joseph R. Merrill will re main over for the M. I. A. confer ence and will be the principal speaker. The remainder of the pro gram will feature the adult work of the stake. All wards will be represented on the program- The Fifth Ward Young "Men's Presid ency will act as ushers. A good attendance is desired o Poultrymen Receive Divi dend Checks Residents Must File Tax Returns The fact a resident of the state does not receive an income tax blank form in the mall does not in any way release him from the re sponsibility of filing a return, the state tax commission anounced Saturday. ; 4f- Every resident ef Utah who has not received an fcicome tax form Is advised to obtain one from the tax commission and file it on or before March 15. A penalty of not more than $100 and in addition Mrs. Mary E. Webb Laid At Final Rest Checks totaling $38,000 were dls tributed this week to 1,000 members of the Utah Poultry Producers' Co-operative Association through out the state as dividends on the stock of the association held by members, it is announced by Clyde C. Edmonds, association general manager. Dividends lust year were $24,700. The dividends this year represent Interest of eight per cent on stock held by members on January 1 1931, and four per cent on that added during the first six months of the year- Checks will be mailed to all producers who have accumu lated 10 cents or more in Interest. The stock, upon which the dividends are declared, is given the members by the association on a basis of one cent for each dozen eggs marketed through the associ ation by the members. Mr. Ed monds explained. For the past two years the poul- ery association has also issued stock to bona fide members of the Utah Turkey Growers' association, who market their birds through the poultry organization. Dividends are also being declared on this stock on the same basis as that issued to egg producers. , o Mrs. Aaron Sabey is very much imnroved. Her many friends will be pleased to hear of this. Mr- and Mrs. W. W- Dlckerson and daughter, Lois, and Miss Ruth Taylor spent Saturday in Magna, visiting with Mr. and Mrs. Jesse Ballinger and children. .iii o . LEHI FARM BUREAU ELECT OFFICERS The annual meeting of the local farm bureau was held Saturday I i i iu. lfnMAK nl V 1 1 11 I l n n 25 per cent of the amount of the! evening m mo m.....0. tov a atthprf for wilful failure '.The financial report was sanc tioned and the following ooara or to file a return on time. Residents of Lehi may obtain blanks . at the office of Noel G-Knight G-Knight local Insurance Agent in Powers Shoe Store, Main Street. In reference to those unemploy ed the following article appeared in the Salt Lake Tribune, Monday, January 18: George A. Critchlow, member of the tax commission, . said Monday that there appears to be some misunderstanding mis-understanding with reference to the commission's recent ruling in regard re-gard to exemption from or abatement abate-ment of the $1 filing fee. "Unemployed persons," said Mr. Critchlow, "especially under the un usual conditons now prevailng, are not necessarily indigent, and the commission exercised authority granted it under the law in fram ing regulations to cover the cases of the unemployed- "It was because the tax commission commis-sion was aware of the unusual conditions con-ditions prevailing at present that it incorporated in the same regulations as the one in which ldlgency is defined de-fined the following wording: " "Persons who by reason of an extended period of unemployment or other cause are temporarily dependent de-pendent upon private charity and who cannot be classed as indigent as defined in this regulation, and upon whom the payment of a filing fee mav work a hardship, may ap ply to the tax commlslon for the or home. Little Gough Girl Dies In Idaho Falls Relatives in this city rec word Tuesday of the death of Lilly Pearl Gough. 9 years of age, the only daughter of Mr. and Mrs-Richard Mrs-Richard Gough. The little girl had been suffering for several months of sugar diabetis and passed away Monday. January 18. survived by her parents Impressive funeral services were held Thursday afternoon at 1 p. m-in m-in the Second Ward chapel for Mrs, Mary Evans Webb, 7S, wife of Thomas Webb, who died Tuesday, January 12 at her home. " Bishop S. I. Goodwin was in charge of the services. A the opening number a quartet, com posed of Harold Osborne, Armond Webb, LeRoy Davis and Francis Goates, sang, "Consolation " Mrs. Edith Evans accompanied them on the piano. Heber C- Webb offered the Invocation. Mrs. Margaret Kirkham sang, Know My Heavenly Father Knows," accompanied on the piano by Miss Clarice Allred. followed by the sketch and a reading by Hyrum C. Evans. Patriarch Abel John Evans, Pres. Virgil H. Peterson, President Rodney Rod-ney C. Allred fnd Bishop S. I-Goodwin I-Goodwin were the speakers. They enoke highly of Mrs. Webb, as a kind and loving mother, , and a 0f faithful Latterday Saint They brought out many outstanding in cidents in her life and emulated her splendid characteristics. Other musical numbers Included a cornet solo by Wallace mover, a vocal solo, "O My Father" by Mrs. Edith EvanB, a' musical reading by Ina Tietjen and the closing number, "God Be With You Till We Meet Again" by the quartet- The benediction was pronounced by O. S- Peterson and the grave In the city cemetery was dedicated by Bernard O- Webb. The prelude and postlude music was played by Mrs. Areva Arml- tead- The chapel was filled to capacity with friends and relatives and the floral tributes were profuse and beautiful. A Sketch of the Lif of Mary Evans Webb Mary Evans Webb, daughter of the late Abel and Mary Jones Evans, was born Oct. 27, 1853, at Lehl, Utah. : T When she was six years of ftge, her father died while on a mission in Wales, leaving his wives and a large family of small children Mary was the oldest daughter, During the winter months she at tended the public schools, while in the summer she helped with the work on the farm and endured many of tha hardships of pioneer Ufe. When sixteen years of age she went to Salt Lake City to work for an old friend of her mothers, doing houte work and tending children. She gave her mother the first money she earned to buy a stove At the age of twenty three she was married to Thomas Webb, by Joseph P. Smith, In the old Endowment En-dowment House, in Salt Lake City. To this union three children were born. Her husband, and all three children survive, a son, Thomas George, two daughter, Mrs. Eft le Roberts and Mrs. Dora Zimmerman, a niece, Mrs', Jane Stone, whom she raised from Infancy, thirteen grandchildren and one great-grandchild. The following brothers and sisters also survive her: Abel John Evans, William S. Evans, Hyrum J. Evans, and Katherine Yates, all Lehi, Mrs. Sarah Sabey of Magrath, Canada, and one half-brother, half-brother, Edward Evans of Oakland, Oak-land, California. She served as a Relief Society teacher for many years and in every respect was a true and iaitn- ful latter-day saint, She had a very mild disposition and .was be loved by all who knew her. Some twenty years ago she had a stroke from wmcn sne never fully recovered. For the past year she has been confined to her home- She died January 12, 1932, on her fiftieth wedding anniversary, at the age of seventy-three In full faith, of a glorious resurrection. ; Missionary Parents " and Wives Meeting To Be Held Next Thursday A meeting for all members of the Missionary Parents and Wives association as-sociation will be held Thursday evening, January 28, at the noma of Mr. and Mrs. Ell Fox, commencing commenc-ing at 7:80 p. m. An excellent program has been arranged and all members are cordially Invited and urged to be la '.attendance- "" '-" """!...M. 1 L"L..'....J i" - - , 1 ' V '. directors chosen: Evans L. Anderson President. Rulon Fox Vice-President. jj. M. Hardy, Edward Johnson and Wm. Trinnaman, secretary. Hyrum Gray was the only outgoing out-going board member, his vacancy being" fillecT by L. M. Hardy. The farm bureau have now about thirty-nine paid up members and intend to make a canvas for new membership in the near future. Following are a few of the main points that this organization stands for: Equalization of state wide assessed assess-ed tax valuation; elimination of an offset compiling the features of the present tax law; survey of county and state school salaries with a view of reduction in higher paid salaries; Installment payment of taxes; raising of rates on Business and personal income tax; better budget building efficiency. At the meeting they decided to meet with the school board and ask for a reduction in taxes with them and they also decided to meet with the city fathers and strive for a city tax reduction- abatement of the filing fee under the authority given the commission In the act-" Advice on abatements will be given by Mr- Knight at his office aiung me une wim adequate . -TPrthen Eldon, ties provided for the large refinanc- and four JjJgTrf Mano tag agriculture, commerce and in-. Park and Mack uousn, Falls. , Mr. and Mrs. Gough were former Lehl residents- Funeral services will be held Thursday (to-day) In Idaho Falls. Mr. and Mrs. James Gough and Kr. and Mrs. Wllma Johnson left Wednesday morning for Idaho to attend the services. dustry. And it Is the purpose to get the new corporation functioning without delay. An Initial capital of $500,000,000 will be furnished by the Treasury so that Immediate pressing loans may be made In addition the corporation would Issue Is-sue one billion, five hundred million dollars of its own securities to be PEOPLE'S CO-OP. Sale of 06S DISCOUNT ON ENTIRE SHOE STOCK (Except Men's and Boys' Work Shoes) 1 Rack of Ladies' Shoes, Regular $1.95 Xow 1 Rack of Ladies' Shoes, Regular $2.95 Xow .$1.69 $1.95 ALL LADIES' and MEN'S HOUSE SLIPPERS ONE-THIRD OFF This Sale Will Last One Week From Beginning This Thursday, January 21, Ending Thurs. 28. To The First 209 Ladies Entering Our Store Saturday, January 23, Will Be Given 1 Loaf of Bread Free , GROCERY & Ml ITEMS For Thursday, Friday & Saturday GROCERY DEPARTMENT 10 Bars Crystal White, Soap 6 Bars Mission Bell Soap. 6 Bars Velvet Skin Soap. Maxwell House Coffee Rockwood Cocoa . 29c Half Gallon Bottle Honey....:.. 1 Quart Salad Dressing ; ,1 Pint Mayonnaise Pineapple, Large Cans.... Heinz Oven Baked Beans, Large Size.. 29c 29c 38c Pound .2 lb. Can 29c 59c 32c 15c 15c 20c FRUITS and VEGETABLES ORANGES, Regular 15c Dozen- Bananas . . . Celery Yams Lettuce JL .9c Dozen .5c Pound 2 for 15c A Pounds 25c 10c Grape Fruit A for 25c Turnips, Cabbage, Parsnips, Onions at Market Price. MEAT DEPARTMENT Bridal Veil Butter Beef Shoulder Roasts Sliced Breakfast Bacon -26c T Bone, Sirloin and Round Steak. 13c lb. .20c lb. 18clb. People's Phones 50-76-78 Co-op. Lehi, Utah |