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Show Tnn BPANisn fork press, Spanish fork. tTAii MH W CANKERS III NATIONAL MOVE FOB MONEY SPENT IN YOUR UNIFORM FINANCIAL PRACTICES Would Promote Greater Consistency Among All the State Laws in Respect to Banking Conditions Uniformity of Practice and Understanding Will Make for Creator Convenience, Efficiency and Safety for All Business. By t. J. HIGH President SUM Bank Division. American Bankart Association SUGAR, 100 Ilw. for ow and the quick transports coupled with almost in stantaCcous means of bjr telegraph, telephone and wireless, have welded the coun- try Into an economic unit. The nation is not, in a business sense, conducting its affairs in water-tigcompartments, as in a measure it did in the days of slow travel and remote places, but styles, methods, commodities and business practices flow freely today in all directions. Therefore it is desirable that finance, trade and industry throughout the country operate along generally uniform or at least consistent lines, so that a contract or an agreement or obligation in connection with business transactions shall mean virtually the same thing in all parts of the country. Particularly necessary in this connection is the establishment of uniform financial and banking practices so as to facilitate the flow of trade along accepted and understood lines. Banking in the United States is recognized as a semi-publtype of business and is therefore subject to laws to define the scope and character of its activities. These laws at present set up great diversity of conditions inter-communicati- on $3.79 EO U II, u0 lbs. for SUGAR, 10 GRAItt FRUIT, 2 cans for TUXA FIS1I, per can . MIXCE MEAT, loose, 2 lbs. for IIOXEY, per bottle 3 cans ........ 1 ........ ....... TEA, Schillings RREAD, RKEAD, BREAD, per loaf SARDIXES, mustard or tomato PINEAPPLE, medium crushed 1150 ..... 12c nnder which hanking la conducted la various parts of tbs country sines they coma from both state and fed era I authorities. The national banka are all chartered by the federal government and therefore operate on the ame lines In avery state of the Union, bnt there la no such regularity in respect to the condition nnder which the etate banks chartered t states by the respective must conduct their business. All etate banking codes, while they have similarities, also have many great dissimilarities In respect both to the national bank laws and the banking laws covering etate bank operations in oth r Jurisdiction. Bankers Move for Uniform Laws The State Bank Division of th 21c 111! III. MwC II..IIMI 54c FREE FREE Individual Salt and Pepper Shakers with G Cakes Soap for C Am-ond-- forty-eigh- .59c ol SERVICE Phone 75 QUALITY R. L. JEX Rosamunds March 15 and It. ' The Lake Shore Relief Society will at the Lake Shore Amusement Hall, Friday, March 15th, In honor of the annual Relief Society Day, which falls on Sunday. March 17th The enterttfnmer.t will begin at 7:30 p. m., with a program, to be followed by dancing. Refreshments will be served. All former residents cf Lake Shore, hs well as prerent members of the ward, are cordially Invited to be present. Overalls and gingham dresses will be the costumes worn at the dance. S. F. II. S. Opera Soon Frans Schuberts Kosamunde!!!!! IlIDS WANTED hold a dance Bids will be received by the Spanish Fork West Field Irrlgatfon Co., for performing the dutlea of water-mastduring the season 1929. Bids must be handed in to Benjamin er Evans, secretary, on or before 6 P m., March 9, 1929. The Board reserves the right to reject any or all A. T. MONEY, President, bids. BENJAMIN EVANS, Secretary. American Bankers Association, which latter Include In Its membership banks of all descriptions throughout th country subject to all tbs variations of state and federal banking laws, is committed to th effort to bring about greater consistency and uniformity among th etatutee of an these various Jurisdictions. This body is conducUng a vigorous natlon-wld- a campaign urging that active steps be taken to secure greater In banking legislation, more equitable conditions and more nnlformly efficient publlo eupervlslon of banke In th several states. The organisation la particularly concerned with fostering this movement to bring about more uniformly desirable conditions throughout the United States In respect to the publlo supervision of banking Institutions by the state banking departments. It la on record as favoring tbe policy that the r Important office of state bank should be kept as tree from entangling partisan politics as the judiciary Itself and should b completely detached from all other functions of state government It is also on record as favoring the policy that the tenure of office of etate bank commissioners should be made more secure and lasting than Is now the case In many state Jurisdictions and that this Important public officer be granted sufficient compensation and discretionary power so that the office shall attract and retain the servcommla-aione- The Best Groceries ices of men of outstanding executive ability and successful banking at the Right Prices at experience. It Is also a part of this policy that the bank commissioner's ability to When you shop Thomas Bros, you are always certo obtain the best grade of groceries at the lowest tain price. And you will find the family appetite wili improve when you serve meals prepared from our foodstuffs.. We carry all the staples as well as many table luxuries. Come in today, or phone us, and wewill deliver. Saturday Specials SUGAR, 10 lbs BANANAS, per lb JELLO, 3 packages for PEAS, per can CORN, per can CORN FLAKES, small MATCHES, 6 boxes for CHEESE, 2 lbs. .1 SHASTA TEA r 59c ..10c 25e : lie ...11c 1. 10c 19c 53c 23c Thomas Bros, L ! 2 Special on All Cuts of Meat A A A A AAA A AAA A A A A A A A AAA A A A A A A A A A A A A AAA AAA AJt tTTTTTTtTTTTTTT Tt "TtTTttTTttttTTTTTTt TTTTTf A. you spend money In Spanish Fork you are simply spending it temporarily. It has a mighty good chance of being in your pocket again. If you make a practice of spending your money with us, a good portion of your cash will REMAIN with you because of the lower prices wo offer on high grade merchandise. Look over these Saturday specials and you will derstand what we mean: un- SPECIALS MATCHES, per enrton rirmiiiTuntr-MMii- PEAS, Sweetheart brand, regular 2 for 43c, SI)A CRACKERS ,3 Ik lox 19o i 2 for 33c .43c RAISIXS, Hmlftl or wmIIohh, 2 iikp.. for 17c ic CIIEESE, 2 lbs. FREE llIIEN ht lbs. for BROOMS, 5 Go , HAS SOME CHANCE OF. FINDING ITS WAY BACK TO YOU! f of business RAIID ofInterchange United States, in the goods Saturday Specials OWN HOME TOWN M. M.M. W. AA serve well should be strengthened by providing him with adequate forces of bank examiners, selected on the basis of merit from men having the requisite qualifications of honesty, ability, training and banking knowledge to carry out the duties of their offices on the highest plane of usefulness to the public as well as to banking. The Trend of State Laws The Associations State Bank Division has recently concluded a nationwide survey of state banking legislation and conditions and In general has discovered a definite trend along the following lines: There is a distinct tendency among the states to raise the minimum capital required for banking Institutions to $25,000 and also to give the hank commissioners or the banking boards sole power as to the granting of charters for new banks, thus enabling them to use discretion as to the need er desirability of added banking facilities or the fitness of the organizers' td enter the banking field. In this connection many states are creating banking boards to act in an advisory capacity with the state bank commissioners. There has also been observed a tendency to Increase the compensation of the bank commissioners and to lengthen their terms of office and to give them power to appoint necessary deputies and examiners so as to build up an art.Miuate force to carry out their responsibilities and duties. An Important augmentation of the powers of FORK AND BEANS, int'diura mzo, each SALMON, )i l Monte, 40c for 9e ...33c , regular bank commissioner In some states Is found In laws giving them complete .29c Sperrys WHEAT FLAKES, per package .... charge of Insolvent banka and their liquidation as distinguished from more costly liquidation through the court. In the Publlo Interest CO-O- P. Distinctly la the public interest are laws prohibiting or limiting an office or director of a bank from borrowing from hla own bank unless bis col lateral security la approved by a ma S. F. II. S. Opera Soon Funeral services for Marjorie Jorlty of th board of director of the Rosamunde IMS! Brown, daughter of bank. Also there la recent legislation Frans Schuberts Charles and Jennie Vincent Brown noted providing for closer supervision A large number of Spanish Fork were held Friday at noon at the famand regulation of building and loan people went to Provo during tbe past ily home at Sprlngvllle. The baby credit finance associations, nalons, week to see and bear A1 Jolson In died tbe Wednesday previous. Surcompanies and private banks. Fool at the Para viving In addltfon to the parents, la In soma states measures bava been The Singing every one mount Theatre. Practically enacted broadening the field for In brother, Grant Brown. In praise of the Is loud body vestment of funds of savings banks Mrs. Lillian Money was hostess to and trust companies, which have ma members of the Utopia club Frithe totally enhanced the service that Mr. and Mrs. Keith Bullen and inday evening. Luncheon was served these Institutions can render, particu- fant daughter of Roosevelt, arrived at the small tables at 8 o'clock. Folwith here Saturday from Roosevelt, Utah. larly In the way of their customers In personal financial After spending Sunday here they mo- lowing luncheon, bridge was played, were the club prize for high score being Another type of legla tored to Salt Lake City. They management Mrs. Helga Jones. won by Mrs. Blanche Gardner, tbe by accompanied latlon. Important especially to bank guest prize by Mrs. Eliza Nelson. In view of the to efforts lng frequent New Spring hats and latest styles Special guests Included Mrs. Eliza defraud banks, Is that which makes In "Selma and Youthful Beauty Nelson, Mrs. Etta Money, Mrs. Ruth the issuance of worthless checks a Dresses arrive weekly at Virginia Wtlde, Mrs. Stanley Feterson and Taylor's Millinery and Frock Shoppe, Mrs. Reed Hanson. misdemeanor with specific penalties. most cordially The State Bank Division of the which you are Invited to Inspect. The Spanish Fork Klwanls club American Bankers Association en met last Thursday night at the Palace dorses In tbs fullest degree In princiMrs. Perry Thomas, Mrs. Emily Cafe for the regular meeting and lunple the development of banking laws Johnson and Mrs. Effle Dart went to cheon. President M. R. Taylor was along the foregoing lines and la active- Sprlngvllle Friday because of the In charge. Dr. Franklin S. Harris, ly engaged In fostering the spread ol death of 'Mrs. Oliver B. Huntington. president of the B. Y. U., gave the such legislation wherever Its services Patriarch Huntington has always principal address, speaking on The Dr. Harris are considered useful both to banking jbeen a friend of the families of the Cities of the Orient. Illustrated his talk with personal inand to the public. Uniformly sound ladles, cidents and observations gleaned durbanking Institutions and practices, to Preston Mrs. J. Mr. and ing his recent tour of the world. Miss Honoring cemmon methods and an gether with Miller entertained with two Creer of Salt Lake City, Mrs. R. W. derstandlng, will materially add to the Creer entertained at dinner Tuesday Phyllis readrngs and two vocal solos. She convenience, efficiency and safety ol evening. Dinner was served at 6:30 was accompanied by A. B. Larsen, alg business In serving the ol covers being laid for the guests of so of Provo. Thirty members and the publlo In all parts of the nation, honor. President and Mrs. Henry A. visitors were present. especially in those transactions Involv- Gardner, Dr. and Mrs. Wells T.Brock-ban- k ing dealings between different local and the immediate family of Delegations from Salem and Pay-so- n ties. the hostess. appeared before tbe Utah county commissioners Monday and asked for Mrs. Joseph Larsen entertained at Improvement on the roads of Salem a dinner party Sunday evening In and Payson district. The Salem citAMERICA LEADS THE honor of the birthday anniversary of izens urged that the county purchase her husband. A hot chicken dinner a gravel pit near Salem and use the gravel for the Improvement of the WORLD IN SAVINGS was served at 6 oclock to 25 members of tbe Larsen family, the hos- county roads near Salem. James S. tess being assisted In serving by her Taylor of Payson presented a petition signed by about 100 Payson citfzens daughte, Leona. Following dinner Tbe past year saw the greatest the evening was spent enjoying soefal asking for work on the county roads The county commisgains In savings In a single twelve- conversation and listening to a radio near Payson. sioners promised to Investigate both month ever recorded In tbe United concert. proposals before making any decision. States, bringing the total savings de M.W. Christopherson of Spanish Fork SALE LAND FOR posits In banks to over $28,100,000, 00( was appointed by the commission to on June 30, 1928, held In more than The Strawberry Water Users As- take charge of road equipment, shop 63,000,000 individual accounts. It Is sociation offer for sale the following work and machinery. reported by the American Bankers As tracts of land to the highest bidder Mr. and Mrs. George Newitt ensociatlon. These are the biggest fig made in writing. Bids to be- - considnres In this field shown by any coun ered at the next regular meeting of tertained the members of the VIII-Xclub and a few invited guests the Board March 13, 1929. The try in the world. Board reserving the right to reject at a Washingtons Birthday party. These figures are indicative of pros any and all bids. One-thir- d of the Decorations and favors were fn patperlty more general than any tlmi purchase price is to be paid at the riotic effect. A hot supper was servsince the business depression of 1920 time of entering into a contract and ed at the card tables at 8 oclock. the report declares. Only three state: one years time will be allowed on Progressive 500 was played during the evening, Mrs. Kenneth Borg winfailed to show a gain and the 192.' the balance at 6 per cent Interest if ning the club prize for high score and the purchaser desires. Tolume of savings constituted an In Carl Greene the guest prize.. Mrs. Tract No. 1. crease of more than $2, 327,000,001 10.40 acres located In the West John Bingham and Neil Dahle won above the 1927 figure. The gain pe Field of awards. Special Spanish Fork, with 20.80 the consolation Inhabitant for 1923 over 1927 was $1 acre feet of water. In Sec. 4 T. 8 S. R. guests included Mr. and Mrs. Albert and the gain In number of savings de 2E, formally owned by David F. Smith, Mrs. Virginia Taylor, Carl J. posltors was 2,496,079, an In ere f Hughes. A good marketable title Greene and Nell Dahle. 6.2 an against a growth In th will be furnished with all taxes and Mrs. Hannah Evans was hostess to water charges paid up to date. The population of the country of 1.2. The gain In savings per Inhabltan Association has paid out $336.43. The the Laurencelle, club Friday evening. New England and the Middle A) land and water has been appraised at Patnotic colors and symbols were used for the decorations and the same lantlc states over the previous yea $500.00 idea was carried out in the delicious was $36. These groups of states, wit Tract No. 2. 20 acres of land with 20 acre feet tray luncheon which was served at 29.9 of the population of the Unite Spanish Fork 9:30. Fancywork and social converStates and 62.8 of the total saving ofwater located in the S. R. 7E, form- sation were the diversions T. Sec. after 18, Canyon, deposits, have the largest savings rati owned by Major Loveless. The which the following program was 461 per inhabitant, of any area in th ally Association wil furnish a good mar- given: duet, Mrs. Jennie Mae Thomworld. The per capita savings for ketable title with all charges paid to as and Miss Leah Swenson; with SelStates as a whole this ysa date. ma Briggs, accompanist; readings, stands at $237 as compared with $32 Tha Association is out $417.00 on A Tribute to Washington and Old last year. this tract of land and water. It has Glory," Mrs. Mima Hales; Biographbeen appraised at $500.00. This fur- ical Sketch of Washington,Mrs.Vera "An acre of alfalfa for every cow(l nishes a splendid opportunity for Argyle. There were thirteen members Howard County, Iowa," Is the slopei someone to secure some cheap Straw- ana the following guests present: Water even if the land has to Miss Viola Jones, Miss Leah Swenson, adopted by the county bankers a: bo berry Miss Selma Bnggs, Mr3. Jennie Mae ' elation there after watching severs ha Miss Esther Olsen,. Thomas, ASSTRAWBERRY WATER USERS The hundred thousand dollars go out to two assisted the hostess in latter LEE R. SOCIATION, TAYLOR, their county last winter for feed. I SPANISH FORK ld well-bein- as-o- Manager. |