Show MYTON STATE BANK RANK COMMITTEE REPORTS I Enthusiastic Meeting in Bank Hall hail Tuesday Night Night Stockholders Stockholders arc c Aiding in Tho It Reorganization Re He- organization The Tho second meeting of depositors and stockholders My Myton ton State Bank in the bank hall last Tuesday night was larger and more enthusiastic then the first We are going to have havo b bunking banking facilities resumed in My Myton ton very shortly In the absence of George E. E Philipps Philipps Phil Phil- ipps president of the My Myton ton commercial commercial com corn mercial club the vice president C. C B B. B Cook presided Bertie Dart acted acted acted act act- ed as secretary The committee appointed appointed appointed ap ap- ap- ap pointed at the last meeting made a report which In brief was th that t the big need Is isa a banker a and a bunch of money tram from the outside and that the stockholders be assessed in an amount deemed necessary Those who refuse to be assessed would suffer suffer suffer suf suf- fer their stock to be advertised and sold The report was accepted and the committee retained for further effort After Arter the report thero there were various suggestions offered as how best to proceed definitely All wanted wanted wanted want want- ed a bank and wanted it as soon as possible but no agreement could be reached Finally a motion was made by Charles Charl s J. J seconded seconded sec see by L L. E. E Potter that the president president president dent and directors of the banK call a meeting of the stockholders who could be easily and quickly reached to be held before Sunday August 19 for the purpose of ascertaining what can be done The motion prevailed Most of the directors and stockholders ers were present and immediately after the adjournment they met and went over the matter Wm G. G Gentry loka Ioka and O. O A. A Dart Myton Myton Myton My My- ton were appointed as a committee to leave at once for tor Salt Lake and confer with Seth and others as to the host best way to proceed with th thu th reorganization If the stockholders have not succeeded succeeded suc sue within a reasonable time to resume or to set up a new Institution then the Commercial club will again take the matter up and not stop until until un un- un- un til a bank is established An item in the Salt Lake Tribune of Tuesday says Seth state bank commissioner commissioner commis commis- abner yesterday announced that Ernest C. C Robbins who has been ex examiner examiner ox- ox In charge of the defunct Bank Balik of since March of oC last year when it closed its doors has been named as examiner in charge of the Myton State bank which closed last month The two banks will be consolidated so far as receivership conditions are concern concern- ed Mr Robbins has been temporarily ly ly examiner in charge of oC the Myton 1 Institution since July 20 last Mr action was tal taken en ater after after af af- a- a ter he had received a report from a representative who had thoroughly investigated the territory affected The commission reached the conclusIon conclusion ion that one examiner can take charge of the affairs of both institutions institutions institutions and in the interests of economy economy econ econ- omy he issued the order Both banks have loans all over the same territory and an examiner In getting getting getting get get- ting in touch with the people and andI I conditions as affecting one bank can just as easily Mr thinks do the same work for the other bank I |