| OCR Text |
Show either directly or indirectly with the Springville Banking Company. I, A. B. Smith, Secretary-Treasurer of Utah Wholesale Grocery Company, do solemnly swear that the above statement is true, to the best of my knowledge and belief. A. B. SMITH Secretary-Treasurer. Sworn to and subscribed before me this 9th day of April, 1935. STERLING E. PRICE, (SEAL) Notary Public. REPORT OF UT.4H WHOLESALE WHOLE-SALE GROCERY COMPANY, Of A MEMBER BANK MADE COMPLIANCE WITH THK REQUIREMENTS RE-QUIREMENTS OF THE BANKING BANK-ING ACT OF 1933. i - Report as of March 4, 1935, of . Utah Wholesale Grocery Company, Salt Lake City, Utah, which, under un-der the terms of the Banking Act of 1933, is affiliated with Springville Spring-ville Banking Company, Springville, Spring-ville, Utah. Federal Reserve District Dis-trict Number 12. Function or type of business: Wholesale Grocery Company. Manner in which above-named organization is affiliated with member bank, and degree of control: con-trol: Five of the nine directors 1 of the Springville Banking Company Com-pany are five of the nine directors direc-tors of the Utah Wholesale Grocery Gro-cery Company. Financial relations with bank: Stock of affiliated bank owned, none. Stock of other banks owned, none. Amount on deposit in affiliated bank, none. Loans to affiliated bank, none. . Borrowings from affiliated bank: We have never borrowed money from the Springville Banking Bank-ing Company either directly or indirectly. Other information necessary to disclose fully relations with bank: We have not business relations, |
