Salt Lake Telegram | 1908-03-30 | Page 1 | Vice-President Joseph Nelson of the Utah National to Resign

iI President Joseph Nelson 0 of the Utah National to Resign Will LEAVE ON APRil 6 Resignation May Help Clear I Mystery of Reserve Chest Robbery SENSATION EXPECTED TED WITHIN FEW DAYS DAYS' Believed by Some That Arc Ar rests Will Be Made Soon J Joseph oseph Nelson president vice of the Utah National bank from which was stolen some sometime sometime sometime time during the tho early part of the year Year will leave that institution within the coming ten da days s His resignation lion as an officer of the tIle Utah National has been prepared an and will be he voted upon at ai the he regular reg ular illar meeting of the board hoard of directors directors directors di di- rectors of the bank April 6 6 Although Although Al Al- though not absolutely confirmed it is reported that President W W. S. S of the Utah National tog together with the directors decided de de- de- de to to ask for Mr l Nelsons Nelson's 18 res res- ignation I expect to leave lea the Utah National National National Na Na- within a short time said Mr 11 Nelson when seen by ha a representative representative e of THE TELEGRAM this morning I HI shall probably present my res resignation at the tho regular directors' directors meeting April 6 awl and from what has been said I think it will be he accepted I have havo not decided just what I shall do I expect however to embark in some other business just what that will be I c cannot state now Mr rr Nelsons Nelson's resignation has been placed before the board of directors directors di di- rectors said President McCornick McCornick nick today It was planned at fir first t. t to make the resignation effective effective ef ef- April 1 but later we decided ed cd to have the thc matter come up TIP in inthe inthe the thc regular way war at the monthly meeting of the directors I do not ot care to say sar just why the thc resignation tion was presented d. d I will ill dl sa say ho however ho vever that Mr Nelson will leave lea the bunk Mr l Nelson Kelson is one oue of the men under tinder suspicion of having been implicated in the theft of the It is possible that Mr l Nelsons Nelson's resignation ma may be he a a. astep astep step iu in III clearing up the tho mystery rj which has baffled the Pinkerton opera operatives and anti has caused mch a astir stir in business S financial and social social so so- ocial o- o cial circles Sensational developments dc may maybe maybe maybe be looked for within a few fe days It is even cen hinted that an arrest arrestor r or 01 two may he be made From Prom well weB founded rumors it is thought that when lIen the arrests are arc made if the they are arc ever eyer made persons high in the financial and business world of Salt Lake Cit City will will feel the arm of the law I j I I I