OCR Text |
Show Moab National Observes Birthday With Dividend An announcement Wednesday Wednes-day by Moab National Bank President William R. Mccormick Mc-cormick pointed out that shareholders in the institution institu-tion would be receiving a dividend of $1 per share following fol-lowing the bank's eighth anniversary an-niversary on Feb. 5. The annual stockholders meeting of the locally-owned financial institution will be held on Feb. 11 at 10 a.m. Officers of the bank are William R. McCormick, president; pre-sident; Ralph Osborne, executive ex-ecutive vice president; William Wil-liam S. May, assistant vice president; J. W. Corbin, vice president; and C. 0. Keller, vice president. Presently serving on the board of directors for the institution are: David W. Allen, J. W. Corbin, Frank Yama, Loran L. Laughlin, (William R. McCormick, K. E. McDr-fcaid and Edway Redd. In a recent statement of condition of the bank listed its assets as $3,844,499. They consist of cash, loans, U. S. bonds, other securities, federal fed-eral reserve bank stock, (banking house, furniture and fixtures and other assets. |