Show irThe State Bank of Utah 1 The above is the name which has been r decided on by the interested parties in tho new bank which i to commence business on or about April 2 with Heber uboutApri M 1 Wells u cashier I was originally intended to I start with a capital of UOOOO but there acre so many applicants for stock that it was found necessary to increase the amount to 300000 and we learn that even this amount will lot supply the demand more than 50000 over tine burn having been applied for we are informed sever s-ever that the capital will not be more than n tOO The subscribers met a few days ago and decided on the following gentlemen as the directors los the fcrst year William U Preston Joseph K Smith A H Cannon Charles H Burton Bur-ton HebiT GrantHlius Manna Spencer I Clawson lam 11 Rowe Pmlo T I 1 Farnsworth Henry A Woullcy Kichunl W Young Nephi V Clayton and Frank Y Taj lor Hober J 1 Grant has been named as president ali William l Preston Pres-ton a vicepresident Few institutions have started out in balt Lake which seem to meet with more favor than the proposed State Hank of Utah and there is no question as to its success I deserves TUB HiaiALi wishes it may have all it |