Show BANK FAILURE TO BE STUDIED BY LAWMAKERS House Committee Calls for Inquest Over Merchants Merchants' Merchants'S S Institution Legislative o In Investigation atlon of ot the tho de de- de Merchants Merchants' bank hank Is under tinder wa way This fact was brought out yesterday when whom the tIC committee on corporations in the House blouse submitted l a report Tho The re report IC i-c- port reads as follows s Your committee on corporations to which was reform referred l the lie petition from Crom the lie depositors S in lii tho ho Merchants Merchants' bank bani of Salt Lake Lako asking for an Investigation ion tion of the acts of oC tho the bank commissioner commis and bunk examiner request I That a committee of two members members' of the thc House blouse and one from froni the Senate Sen enate en- en ate bo be appointed to Investigate the lie con conduct of or the thc Merchants Merchants' bank from its or organization to th the da day that It was closed and the action of or the state bank balik in connection therewith Pomer Po to J Ord Orders We 0 further request that lint this com corn committee be bc empowered to subpoena witnesses witnesses wit wit- nesses and compel their attendance and that the committee have havo such stick other powers a. a as ar are arc necessary to mal make o tho the investigation atlon thorough The report was received and placed on file fHe The speaker did not announce the tho committee prior to adjournment but will do so so It is believed this morning morning- after aCler the House convenes It Is understood that a quiet Inquiry has been made limb Into matters connected with the bank banI b by mem members ers of both oth Ho se and Senate enate This inquiry has been inadequate however because it was not clothed with the authority to compel compol the attendance of ot witnesses Many Exp Expected to T Testify Just as soon as the committee is announced announced an an- flounced according tu to those on the tho In Inside Inside Inside In- In side of oC affairs tho the machinery which has lias been lIeen put Into motion will be lie ac ac- ac A largo large humber number of pcr persons ons whoso whose mone money was tied up in tho the defunct de do- bank will conic como forward and tell teH what they know it Is believed Though the time for the tho ho inquiry Is limited a probing such s as has his not riot yet ct been een made will result The investigation in will bo be completed before the Legislature ad ad- 0 Urns |