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Show S-S S 5-5 5 - Cattle Co Co.Buys CoBuys . , Buys ControlI ControlOf ControlOf Control ControlOf I / /Of Of Of Moab Bank BankIn In a deal closed closcd Tuesday J A AScorup Scorup president and general gencral manager mmaseroi generalmmaseroi gencralmanager generalmanager of the Scorup Somer Somerville vIlle purchasedthe Cattle company purchased the interests ll1terests of H G Green 111 m ofMoab the inthe 111the mthe . FIrst rst National Bank of Moab Mr Green who has been beenpresident presIdent of the bank for many years manyyears will retire from active busmess business busmessThe businessThe activebusiness activebusmess activebusinessThe The interest mterest of Mr Green pur chased purchased by Mr Scorup consisted of consistedof 257 shares of the banks bank s stock stockrepresentmg stockrepresenting stockrepresenting representmg representing the controlof control of the thell1stItutIon theinstitution theinstitution ll1stItutIon institution The consIderatIOn considerationis IS reported to have been approxi approximately mately approximately $30 30 $ 000A 000A 000 000A A meeting meetmg of stockholdlers of ofthe the bank was held Tuesday and anda a reorganization reorgal1lzatlon of the dlrec drrec directorate dlrectorate drrectorate torate Scorupwas was effected Mr Scorup WR was elected president and W R McConkie McConkle was retained retall1ed as a dIrector adirector and cashier casluer Andrew AndrewSomerville SomervIlle is a . a-new a new - new director R RJ J Fletcher and Mitchell Mehch Melrch Mehchwho Melrchwho Melichwho who have served as directors In the inthe past remain remam on the board boardThe The annual stockholders meet meetIng meetrng meeting Ing rng will be held Jan 9 at WhICh whichtime tIme a permanent orgal1lzatIon organization organizationto to serve during durmg the ensuing ensumg year yearwill yearwill yearwill will be effectedMr effectedMr effected effectedMr Mr Green had served as a dl di dlrector director director rector and officer of the First FirstNational NatIOnal Bank since smce its organlz organiz organlzatlOn organization organization atlOn ation in 111 1917 He served as cash cashler cashier cashler ler ier for a number of years and andthen andthen andthen then became president a POSI pose hon ton position POSIhon poseton he had held for nearly 10 10years 10years years Mr Scorup has been a astockholder astockholder astockholder stockholder and director ilirector of the thebank thebank bank for about 10 years |