| Show BANK that is BUSINESS LIKE second financial institution almost a certainty for the past week there have been al all I 1 kinds of rumors of a second banking institution for price with a capitalization of not less than fifty thousand dollars in fact there are two groups of capitalists with the same end in view W F olson claims to have interested a bunch of bf salt lake city capitalists while N S neilson heads the other group backed by numerous local men As yet nothing definite has come from either source hut but that at least one other financial institution will be announced ionin the next few days is a certainty quite likely it is that the two interests will get together select a site for a building and start work with the coming of good weather interested with N S neilson one of the wealthiest sheep men of the state and a big stockholder and director in the mt pleasant commercial and savings bank will be a number of local sheep men and capitalists throughout sanpete county this element wants control of the stock and may permit the olson crowd to take the minority holdings olson and his backers are understood to have made a good offer for the rr frandsen andsen corner on main street while neilson and his associates have another location in view the problem now is to reduce subscriptions of those who see an opening for the second but not the third bank |
