Show I Growth in Prosperous Salina I I I HE First State Bank Dank of o Salina THE T Is located In Sevier Seler county but there are arc many man accounts carried on Its Us ledgers from people throughout tho the county count and southern Utah Tho The bank continues to grow gro and through careful and conservative methods Its business Is that of ot sound soundness soundness ness and security It furnishes tho time best facilities for collections and drafts to lo all parts of tho the world and sells Bells Its exchange at the very vcr minimum rate September 3 1907 marked markell the open opening opening ing InS of o this institution At that time timeN N Nr E Snell was president J W r Phil Phillips Phillips Phillips lips vice president and A Ar V HuIsh Hulsh cashier ashler A Jr J Lewis E E Hoffman Hortman and Chris Jorgenson directors After a few months time J W Y Phil Phillips Phillips lips Ups sold his hg stock whereupon A J JLewis JLewis JLewis Lewis was appointed as vice president In the tho spring of 1009 1909 N E Snell Sn was transferred from Crom his leis position at Salina superintendent of the forest service to a similar position at nt Idaho Falls whereupon A J Lewis in a n regular meeting of the stockholders of tho time bank held June 14 H 1909 was elected president with W H Brown Drown vice president Tho directorate was raised from five to seven soven members as fol follows follows follows lows A J Lewis president W V H Brown vice vico president Charles Lam Lammersdorf Lammersdorf Lammersdorf Chris Jorgenson Dr M 1 A Ar Freece P C and James A Ross A J V Hulsh Huish was reappointed by b the directors as cashier and Eu Eugene Eugeno Eugeno geno gene Christensen Christonson assistant cashier At the close of ot business Oct 15 16 1 1909 the following excellent showing was made RESOURCES Loans and discounts SOO Overdrafts Banking house furniture turn turo fixtures etc Duo from National banks Due from State banks and bankers Cash on hand Current expenses and anti taxes paid S Total LIABILITIES Capital stock Paid p hi In 1 Undivided profits Dividends ends unpaid 00 Individual deposits Savings deposits Interest at four per cent Cashiers checks 2400 Demand certificates deposit Total The bank Is capitalized at Its business has grown until now It Is if I recognized as a strong financial Institution institution and Its Influence Is felt In all sections of or the state SALINA SALIVA COOP One Ono of the oldest and strongest co cooperative cooperative operative institutions In tho state is the time Salina Coop Mere Merc Institution lo 10 located located in the bustling little city of oC SaUna Salina This big general merchandise Institution was established in tho the seventies and It has progressed rapid rapidly ly ever since The Time present company com pan was wa Incorporated on May 18 1881 1851 The stock of this establishment oc space In the tho largest store build building lag Ins In Salina Millinery II III nor clothing boots shoes hats Implements vehicles notions dry d goods and groceries are aro carried In this store stoic The trade Is sup supplied supplied supplied plied with everything needed Much attention Is given to Inc buying of ot time the stocks There Is no dead ead stuff on the time shelves in this store For over three years ears W r H Brown one of or Salinas most progressive busi business business business ness mon m men n has dins been beon In charge char o of ot this establishment and patronage of the institution has Increased wonderfully won under his careful and man management management management |