Show NATIONAL II BANKS BANK'S Of SUIT SALT LIE LAKE TO HOLD ANNUAL lIONS ELECTIONS Five Such Institutions and Possibly Six Sic to Name Directors Directors of the national banks In Salt Sall Lake ake will be chosen at al the annual cleLion elec cle- Lion tion of ot the various Institutions to be held held on tho cc attend nd Tuesday In January which will bring the on the eleventh ot of the comInG The election of directors of the national banks nil all over oyer the United Is controlled con con- trolled rolled by an act of congress passed a long one time ago This act specifies that the Mcl cl elections shall hall be h held ld in January of or each iJ year r but does docs not designate special pecla tT n I date any v h L- L The t n national o banks how- how v h L- L The t n national o banks how- how Over have selected d dI the I second Tuesday y ot of January all as the time The law K governing v the tho election state that this thin annual meeting shall hall be he for tho purpose of selecting selecting- the directors of the DanK bank t only and that no o other cr business shall bo be taken up at this time The law does not require nn any certain number of oC stockholders to be bo present at this meetInG meet meet- InG ng The banks under tho the Jurisdiction of oThe the state may havo their election of tors s at tho the time of the year car that they were organized On January 11 the tho Utah National bank the he Continental National bank blink the National National Na- Na lonal Bank of the Republic and th tho Deseret National bank all doing business In n Salt Lake as well veil as tho newly organized organized or or- Copper National bank hank which will commence operations In this elt city early In tn the year rear will have havo their alec elec- lon of directors tors Tho The Copper Coppi National has Its directorate formulated but It Il has not not received Its charter as ns yet et Tho other Incorporated banking institutions will have hAyO their elc elections at different times Imes as they are under the tho control of ho tho state laws The bank of McCornick l Co IB Is Isa IS' a a. private Institution but It Is Is understood that this company compan will be In Incorporated incorporated In- In aa as a national bank at nt an early arly date Tho present enl directors of the four ria na national lonal banks now now operating In Salt Lake Lako are arc re Utah National National W. W S. S Thomas R. R Cutler Orrin P. P Sillier MIller John Henry Smith Rodney T T. Badger James NephI W. W Clayton ClaYlon J J. J W. W W W. Fitzgerald Itzgerald J 1 J. J P P. Gardner Duncan Mac- Mac Vichie E. E M. M Alii Allison I on Jr Deseret National National John John R. R Barnes DarneR A. A W. W Carlson John Johp C. C Cutler David Eccles L. L S. S Hills Francis M. M Lyman W W. H. H McIntyre W V. W. W Riter George Rom Rom- ney ey Reed Smoot John C. C Sharp John R. R Winder H. H G G. G Whitney Continental National W. National W. W P. P Noble G. G E. E Merrill J. J B B. Cosgriff A. A F. F Holden M. M C Cc Fox J J. J E. E Cosgriff National Bank of the tho Republic Republic Frank Frank Knox W. W F F. Earls J. J C C. Lynch G. G S. S Holmes HolmeR Stephen Hays Thomas Kearns J. J A. A Murray of Monterey John PhIpps or of f Now NewYork York David Keith The election of or officers of national banks docs does not tako l. place at a time requIred re- re b by law That matter IB is up to the board of directors but It usually follows closely losely upon tho annual election of or the directors |