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Show ARIZONA BANK REOPENS. Depositors in Institution Accept Stock Under Reorganization. Phoenix, Ariz. The Valley bank, largest in Arizona, which was closed November 10, has been reopened with a new set of officers and directors The bank had thousands of depositors. deposi-tors. None lost a penny, and in celebration cel-ebration of the reopening they will give a parade, followed by a "prosperity "prosper-ity dinner." In the reorganization many of thp larger depositors accepted stock and the bank will resume business with more than $700,000 in cash and currency cur-rency in its vault3. |