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Show Blood Signs Bill For Federal Aid To Closed Banks Action Soon as Giving Now Hopo'for Utah's Failod . Institutions New hop was given rtseed bsnka In Utah Monday when wove, our Hoary H. Blood signed the all empowering em-powering the sUt bonk commuelonor u pledge saaots of banks as security for loans from the FC F. C r ether governmental agencies. The act, known a bouse bill IS. and Introduced by Representative WU1 L. Hoyt Juab I. grew out of supremo su-premo court opinion ha the Bugsr hanking company caae. which held that Waller H. Had lock, then hank ccmmlasioner, could aot pledge the bank asset to secure aa B. t. C. loan. The sneatura hecsm effecilv si anon sa Ihs governor appended hie signature. Two other bill relating la hanking practice la Utah and clarifying slating slat-ing statutes: and four other messurea. two relating to land affairs, on to irrigation district par snouts and another an-other to Its to finances, also wars signed by the governor. rOBTT BILLS OKEBSD With the servtlvc'i signature placed on thee bills, th tout approved ap-proved was raised to 40. leaving 4 measures yet to be approved or voiced. vo-iced. Including the Miller bill making mak-ing coal a public utility, the uniform motor vehicle cod and th Huggins beer manufacturing bill. II was indies indi-es led Oovcmor Blood will approve the Utter. Measure not approver by Tuesday midnight, or aot sent la the secretary of a tale with th governor's objection objec-tion appended, which la effect is s veto, sutomslicslly become lew. Th second banking bill signed) by th governor Monday was eenat bill JO, Introduced by Senator Coorge M. Miller ID, Carbon), providing three method (or rehablillauoa of closed or unstabl bsnka. WJea th bank commissioner undertakes un-dertakes to liquidate aa unsound bank. th bill provides that T per cant of lb depositors, represerKing that lOeatleea ea Pass Teettei |