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Show GOVERNOR SPRY TO HEAD IOEW B1K Stockholders of Farmers and Slockgrowers Institution Choose Directors. WILL OPEN ON JAN. -15 Temporary Quarters to Be Chosen Until Excellent Permanent Per-manent Home Is Built About scventy-livo persons owning stock in tho Farmers St Stockgrowors bank met in the offices of tho secretary of tho Utah Woolgrowcrs association ut 5 o'clock yesterday afternoon, selected a board of directors and did other business busi-ness in connection with tlio new institution. insti-tution. Although tho bank officials woro not officially named, it was tho consensus of opinion among tho direc tors that Govcrnqr William Spry would bo president and Charles S. Tiugcy cashier as soon as tho organization i's completed. IsT. T. Porter was selected chairman of tlio meotiug and Charles S. Tiugcy was chosen secretary. C. D. Stewart read, a statement" slio wing what had been done, setting out the subscription lists and tho money paid in. Tho purchase pur-chase of tho building and the "authorization "authori-zation of tho architects lo eompleto tho details of lho plans for tho building were also mentioned in tho rcporl. Tho article was approved as read and it was voted to fix tho capital irk of tho now bank at $1100,000, with the inton- tion of incrensiug it within a year to 6T0(),000. The articles of incorporation for the bank that had been prepared h' Stewart, Bowman & Morris, attorneys, for the bank, wero approved. Tho board of directors wilj meet to-1 morrow in the offices of tho Ul ah Wool-growor.s Wool-growor.s association, S0-1 Mclntyro buildiug, to elect officers. Tho now bank will bo opened in temporary quarters quar-ters January 5. J9K5, and will remain j thcro until "the new bank building is j completed, which will bo in about fivo j months. A carload of tho marblo is already al-ready in tho city, wlioro it is being, pro-pared1 pro-pared1 for tho fittings of tho bank. Although Al-though tho location of thn temporary quarters was not announced, it is prob-ablo prob-ablo that they will bo in tho .ludgo building. Tho board of directors choson includes in-cludes "William Spry, .T. T. Kingsbury, Charles W. Penrose. Goorgc T. Odoll, S. If. Love, Moroni ITc-iner, C. B. Stewart, Stew-art, Olivor Hodgsou. J. G. McAllister, John Stringham, Charles S. Tinge", Horaco H. Cumminga, Richard. P. Morris, Mor-ris, 35. D. Hashimoto. R. E. Miller, Thomas W. Jones and J. Parloy Whito of Salt Lake City; 13. H. Snow of St. George, Thomas Smart of Logan, N. T. j Porter of Ccntcrvillo, 1. O. Hoffman of ! Prico. W. P. Sutton of Park City, J3. T. Hardiug of Provo. J. W. Webster of Rexburg, Jdaho, and J. R. W. Rennio of BvanBton, Wyo. |