Salt Lake Telegram | 1929-08-11 | Page 35 | Announce Big Bank Merger

I e. e f ANNOUNCE r mG BANK MERGER SEATTLE Wash hash ash Aug Ui 10 C A Formal Formal oth ger goer of or ten Seattle banks creating tho largest bank In Ira the tho tho Pacific northwest and having total r re rc sources of oC W was vas Si ma raade e hero hero fod today T The e merger was wall completed when the bo boards ds of oC the Ul three major major major-In In- In Involved ed approved the ilic organization plan The new new ne bank will be known as as s the First S Seattle attle Dexter Horton Hoto National 1 bank k W W. H. H Parsons president of oC the me Dext Dexter r Horton bank was announced ed as chairman n of the board of or the merged d tUll ns Other officers officers' i. i are are J J. D D. Hoge J. J A A. A Swalwell ch chairman chairman chair chair- ir- ir man man 11 o of the be board berd rd IL- IL l M A. to Arnoldi rr oJ t president J. J JW JV W Spangler Spangler pf off t the executive committee om tt e and and H H. C.- C. MacDonald cashier r V The remaining pers personnel atthe of- of the of-the the three major banks involved the Dexter Horton First NatIOnal and Seattle National National will remain inthe ft in the pj-e pj present capacities I f The now bank ank wm Hill h have t e a capitalization capi l n of at have 1