Salt Lake Telegram | 1923-04-12 | Page 2 | Walker Bank Stockholders Raise Capital

WALKER BANK BANKST V ST STOCKHOLDERS RAISE Additional Issue of Making Total Quickly Subscribed by HoI Holders e s' s of gf Shares Stockholders of ot Walker Brothers Bankers are meeting this afternoon to increase the capital al stock of or the company making the capitalization capitalization cap cap- of tho the institution divided Into shares in instead instead instead in- in stead stead of ot divided into shares the old capitalization capita The new stock will be offered to the present stockholders at a ashare ashare ashare share it was stated by H H. M. M Chamberlain vice president and I cashier at the rate rato of three e shares of V the tho new stock to to be purchased b by holders of ot ten shares of the old Mr Chamberlain stated that the new stock had been oversubscribed and it is believed that all aU stockholders stockholders stockholders stock stock- holders will use the rights of ot their stock to purchase the new issue The stock has a market value above Increase in business was the reason reason rea rca son given by the officials of Walker Valker Brothers Bankers for tor In Increasing increasing increasing in- in creasing the capital stock the amount of business at the present time having Increased proportionately proportionately proportion proportion- atel with the increase made Inthe in inthe inthe the capitalization V j it is stated