Show bunk bank of vernal shows 10 T rise in 1959 profits the dank bank of vernal show ed a net profit of for 1910 1019 after all known losses or club dubious lops loans had been charged out an increase of 10 from last year reported N J meagher preg president ident tuesday at the annual sh share are holders meeting to total t a I 1 deposits jumped more than from 4 on dec 31 1958 to 4 on dec 31 1950 1969 mr meagher said total resources of the in ution increased from 4 at end of 1958 to 5 at conclusion of 1058 1959 during the year the bank transferred from un divided profits to surplus and at end of 1959 1059 had a total capital investment of total dividends of 16 were paid last year including 12 in regular and 4 OGO as a year end extra disburse ment reelected elected Rc directors in ad to mr meagher were D D B showalter E A gee F G dingham bingham D R barr russell montgomery and N J meagher jr officers reelected in nd ad to the president were mr darr barr vice president N J meagher jr cashier and warren D mott assistant cashier dank directors ex pressed optimism on outlook tor for industrial expansion in uintah basin during 1000 1900 |