Salt Lake Telegram | 1932-09-08 | Page 9 | Utah Laws Scanned in Loan Bank Plan

Utah Laws Scanned In Loan Bank Plan Assistant Attorney General L L. A A. Miner Thursday delved into the laws governing building and loan compa nies savings banks and insurance companies companies' in Utah to determine whether they can subscribe for stock in the federal regional credit corporations corporations corporations corpo corpo- rations soon to be established establish cd A telegram requesting an opinion on the question was received by Attorney At torney General George P. P Parker from rom Franklin W. W Fort chairman of the federal home loan bank bonk board under whose direction the regional credit corporations will operate Chairman Fort also asked when the 1933 state legislature will convene indicating in that if Mr Miner finds findo that thai the building and loan companies and kindred organizations cannot legally purchase stock of the corporations legislation permitting such subscription tion will be besought sought at that session