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Show BANK OFFICIAL TO CONSIDER LOCAL APPLICATION State Bank Commissioner J. Melvin Khapp has scheduled a hearing Thursday at 10 a. m. in the governor's board room at the capitol on the application for a bank charter by a group of local citizens. Incorporations propose to name their banking enterprise the Kolob Banking Company. Their application applica-tion Ii.sf.3 capital at $75,000, surplus sur-plus at $50,000 and reserve for organizational or-ganizational expense, $10,000. Incorporators In-corporators are: W. W. Clyde, Ernest Er-nest A. Strong, Emil Ostlund, G. Lowry Anderson, Dr. Glen B. Or-ton, Or-ton, Ed Clyde, Wallace W. Brock-bank, Brock-bank, Dr. George A. Anderson, and Glen W. Sumsion, all of Springville. |