Show Pay Payson son Exchange Bank Will Wil Be Ta Taken en Over OverS PAYSON Jan Tan 30 Depositors of the I Payson S Exchange Savings bank which w was as closed cosed b by the tho state bank banit bank cOmmissioner cOmmis- cOmmis s toner eloner on December 12 1 met at the First w ward ard chapel chape Monday for the tha purpose of or f forming an In organization and a appointing appoint appoint- i ing ng a a committee with Ith power to act to C confer conler with parties who contemplate t taking aking over the tIle bank The house was yas as Tilled filed tiled to capacity many from out of t town own being present The meeting was c called to order by Ellsha Elisha Elsha Drown Brown antI and andT ani T U T. T I F. F was wa elected chairman of t the tho he meeting and G. G I Fred red Ott Oto secretary A report was given Iven by the Investigation c committee ommittee recently appointed which gave an account of 01 tho the financial condI- condI t ion ton of tho the bank A committee was a ap appointed appointed ap- ap pointed from the depositors of 01 the vanous various various vari van ous towns with power to act for all al de de- de Those Thole elected froth from Payson were A. A R. R Wilson P. P 1 C. C Wightman Sid Ski Coray and Karl Earl F F. F Keeler Keoler Santaquin George W. W La La Baron Daron and Gus wittman Gosh Goshen Geshen n William Williami H. H Burston and Ervin ErIn Nelson Benjamin Wendell Wendel Stewart An advisory board of ten men r representing o the larger depositors was named named and a afee I afee fee of 25 26 cents was wae collected from each depositor for tor a a fund to meet meet the expenses ex cx- pense of 0 the tire committee First action acton will 1 be taken at a meeting of the the committee com corn X I i next Thursday evening |