Salt Lake Telegram | 1934-06-15 | Page 6 | Two Answers Filed in Provo Bank Case

TWO ANSWERS FILED IN PROVO BANK CASE PROVO PROVO Fred Fred W. W and nd Amelia R. R Taylor of Provo filed med a separate answer answer an an- Thursday to the suit of J. J A. A Malia state bank commissioner for collection of ot liability of stockholders of the closed Provo Commercial and Savin Savings s bank They questioned the validity of the assessment of per percent percent percent cent on the stockholders Alleged irregularities in the petition petition peti peti- tion asking for authority to make the assessment were presented in the an an- It also contains a charge that Preston G. G G Peterson was not qualified to act as a process while the theother theother other process agent Rout Reul Jacobsen was not served with proper notice of the hearing on the petition I If all primary primar assets of the bank are realized real there will be no necessity for enforcement of the secondary constitutional constitutional con con- liability of stockholders of I the bank the answer states