Show vqs THE GUNNISON 1 VA1 REPORT OF CONDITION 0F Gunnison Valley Bank IN THE STV1E OF I of (jl’NNlSON RESERVE SYSTEM T All FEDERAL - - BUSINESS : AT JiSSJ S E A S h he 19 is v dn ei obligations- and 'la other than banking house bohk 4a Federeeve Cwhbel8ice8 °ther banks and 11 lb ' n - ' s bn " nK d a r '' — — s i' ’b ' s ii TOTAL DEPOSITS s a It K k h u si 'mini ' " met 1'ieshlent a tiat mnal nav al btstoi win to fm will nted It d polu mi of ( so t t 's puta th of suih met it i" "i poiatid into a monumental it !in partnerships wniind deposits of individuals ip and on pm atm partnerships deposits of individuals eounty and municipal deposits officeiscertified and banks ch t visits of other f ftCi secured by the pledge of loans and m peposita not a is tin th Konst ot s ' Id N rH th sound ' agui uo it l'it TOTAL liabilities it In d 's’ lit ' u ai " li rl o Re itv: ( " r i' of collect ion Sold Under C onti act (ReriWt investments lUglll n f u’ ' t' J m salt Lake ih "" In O r to fixtures assets pi ' ' t OHujeH s U iht I S9RKB Dhi t T S 0 '“'jS au1Clii Ire suhmitted lo muling station l nd Becuritif3 tocVs and owned wTtb following UTAll o - novelties " Government )ther 2 ( nautical mi mi- -- -- discounts SSt Saw THE ON SEPTEMBER accorodance with a coll made- tN th the Federal Reserve bank of this dsn of the Federal Resejve Act ’ubrLh oins and mimiu-- F"' NF’V' of suit nt its n ' m thiiugh in g n in low i s histoiy of l r a(t a the na v nnd Roosevelt bent a s people ipia'i iii Ins to the nnprtss neecs and endeti badiiship to leal - discounts ipital account: Capital notes and debentures: (O Sold to Reconstruction Common stock 500 shares Undivided prof its— net Finance par $50(0 pci shuc TOTAL CAPITAL ACCOUNT ) of Utah of Sanpete ) F Andersen being first duly sworn nrcowi r he is Assistant Cashier of the above i am bys that and foregoing report contains a full tiue ard c of the said bank at the close of busmens n !bcve State ’ounty C h 1938 (' and aworn to before me of October 1938 D E BORG Notary Public SEAL) Residing at Gunnison Utah will expire July 1st My Commission Subscribed 11th day this Conoct IT! h ObM o Of A1'' JAM Dneitms bioidcast 'nr 1'nlut y the nnd motion pictuii's and with tin1 participation of the navy nnd other JOffc'e of Bank Commissioner) aa well govei nrncntiil ngencies as I Pulrn F Ftarley Bank Commissioner of the State rf Utah do herein 'the Amencnn Iegion the Daughters ’certify that the foregoing is a true and correct copy f the statement of th of the Amertcan Involution the Vetfiled in my office on October 13 1938 above named company erans of Foreign Wars other patrio‘f RULON F STARLEY Bank Comnrssione tic societies and and universities schools Navy Day has dcvelopid into a day of seiious on the thought of leasonahle naval defense All citizens aie urged to take ad-which shall constitute tne Constitutional lurposes Amendment vantage of this occasion to devote ligh school fund said furd shat1 be No 1 in the manner the Leg) apportioned thourht to fhe role the navy has playPROCEEDS OF LANDS AND OTHER latura shall provide to the rho ais ed in the history of the United States PROPERTY— PERMANENT trlcts maintaining and high school SCHOOL FUND uch levy for district school purpose and to the necessity for maintaining A JOINT RESOLUTION PROPOSING which together with such other funds an adequate navy for the protection TO AMEND SECTION t ARTICLE aa may be available for district school 10 OF THE CONSTITUTION of our trade routes in time of peace OF purposes an will raise annuilly THE STATE OF UTAH RELATI- amount which equals $25 for each and of the nation in times of war in the state OF of school NG TO THE PROCEEDS as i9J9 liii' State of Utah ) Constitutional Amendments LANDS AND OTHER PROPERTY AND CREATINO A PERMANENT FUND AND A UNIFORM SCHOOL FUND FOR THE COMMON AND PUBLIC SCHOOLS Bt it raolved by tht Lsgitlaturt of tk i tat of Utah all member elected ta each konst toneumnp iktretn SECTION 1 That it is proposed to amend aection S of Article 10 of the Conititution of the atate of Utah aa amended by the vote of the electora at the general election of 1930 to read u follow: See S The proceeda of the aalee of all land that have been or may hereafter be granted by the United States to thia itate far th aupport of tho common schoola and five per centum of the net proceeds of the oalea of United States public landa tying within tho state and sold by the United States subsequent to the of thia state into tha Union ohall bo and remain a permanent fund to bo called tho State School Fund tho interest of which only ohall bo 'expended for tho'aupport of tho com moa ochool The interest on tho State School Fuad tha proceeda of all property that mav accrue to the state by “cheat or forfeitnro all unclaimed wares and dividends of any corpora tma incorporated under the laws of this state tho proceeda of tho sale f timber and the proceeda of tho u! or other disposition of minerals r other from school and tat land property other than thoe w opecifie purpose shall withgranted such other revenue as the Legislature' my time to time allot thereto "I a fund to be known aa th Uniform School Fund which Uniform “chool Fund shall and be maintained “d for the aupport of th common 4 public school the- - state and Pportioned in such manner aa ' th Jft'o'oture shall provide The of Section 7 Article XIll of “m Constitution shall bo construed fj 8 imitation on tho rat of taxa- person age shown by the last preceding school census the same to be distributed according among the school districts t the last preceding school census and in addition an equalization fund which when added to other revenues irovided for this purpose by tha shall be $5 for each person of school age as shown by the last preceding school census said equalization fund shall be apportioned to the school districts in auen manner as tha Said ratei snail shall provide not be increased unless a proposition tha tame specifying the to increast rate or rates proposed and the ime during which the same shall be Isvied ba first submitted to a vote of sucb of the qualified electora of the etate aa In tha year next preceding such election shall have paid a property tax assessed to them within the state and the majority of those voting thereon In auch shall vote in favor thereof manner as may be provided by law SECTION 2 The secretary of atote ia directed to aubmit this proposed amendment to the electors of the state in the next general election in th manner provided by law S If adopted by the SECTION lector of the state this amendment first day of shall ' take effect th 1939 4 January Constitutional Amendment No 3 OF WORK ON PUBLIC WORKS PROPOSNO A JOINT RESOLUTION ARTICLE TO AMEND SECTION OF THE CONSTITUTION if OF RELATING Of TO UTAH fjpVRS ALL WORK ON tks B it rtsolvtd by tht stata of Utah two members elected to sack of tks bouts voting in favor thtroofPr®p°"d That It SECTION 1 of tbe of artldo to amend section of the tste of UUf Constitution do Tho Legislator See that irk8 hour district tho for tormina property purposes and not on tb amount tut a day’ work oa aU work or tunds araiUbla carried therefor and “idedr undertaking e0’non'yo allocated to the Unthe state eounty r?0n c °°1 Fund shall be considered its? Pn“ ment and the ‘h F tb rates of taxation apeci- - Uw to provide 7 of Article XIII of omployeea In Icwrm safety deter uBE£TJ°N I The secretary of atate meltera d mines and iball 10 ( ubmit tbla propoaed mln lh numb tooBdment to tho olector of th late 'Tbt tfci nxt election in the “'SECTW fcn W bmb “‘"j! h t& l I olwtnJ -d°ptl by the toil propoed mendnitnt tbe etate this amendment the ute Ot the wit skn oy provided manner election la tha ' N HOURS b”" Fnerl AS lire or of t Jonon Secretary bf BUN of T lb fiHwllond TttK ST CON Z111 )F of tho d )y t" OF correct copy STATE propo TING TO THE RATE Amendments the n mf senion of of rvi‘r0SES MD the samo appesr TTRIBUTION PROPOSING J()UtION ME ST TO SECTION TVTinLv Ibt the lim'ioSl r ‘isi 'i! tl ‘v i Utah ii CTlnxf iSld 1 That th b8tf totrl loction Toilow sn T'As't i lfld ndld Re nrI by U SECTION I M adoptedsmendmeat -electors of this rtato lirsx d shall take effect the 1939 January Ccnstitullonal Acierdnient N°- - 2 Av Hb"" t 7"b It of all to sack bout proposed i19 ef Uuh of ths elector ®f 1930 to to at rad taxation on not exceed on two and purposes mill for high r suwf ("'I""' 'Tiimhr appear K ‘Tf nl' on b' t -- r tV b rt su I5"8' W sssz ( VI Bull t fn‘rl slat eno h O Warships President Roosevelt has announced the names of four new battleships and four new cruisers The president would be said the next battleships Alanamed Indiana Massachusetts cruisers bama and South Dakota The San Juan will be christened Atlanta Juneau and San Diego Oak Men Dick Finley was fitting up in Cleveland he told the contractor to finish the place in oak “Why not use pine stained to resemble oak and save money?” ask“No visitor will ed the contractor know the difference” “I’ll tell you old man” answered Finley “I’ll tell you the reason The truth is I am an oak man and not You pine finished to resemble oak might finish pine to resemble oak so perfectly that no one would detect the difference but I’d know and every time I’d look at that pine I’d say 'Dick you scoundrel you’re a base liar and a cheat and the truth Is not in you!’ I guess I’ll keep on being an When his oak art gallery man" If there is any field In which imitation is entirely out of place It Is in the navy Of what possible use would imitation guns ships be that carried or fired blank shells or what protecaftion would wooden armor plating ford which looked like steel The mere of steel would hardly deappearance flect fny shell The American public behas Implicit confidence In Its navy as cause it knows that the personnel ' Is genuine well as the material Air Defenses for Pacific vast air deThe nary Is planning a extendfense program In the Pacific In the Islands Aleutian ing from the deThis acuth the on Samoa north to of ocean difense covers 5000 miles distinct two into viding the Pacific be constructhalves The sir bases to Island Midway ed will be at Wake Islands (1000 1b Palmyra Mind the Phoenix miles south of Honolulu) A base already Islands and famoa and navy flirt at Hawaii and army this month engineers are departing group of and Talmyra Wake (or the for Hands to commence preparations The bases air rf thf construction will aho be used Wake Hand rroj-for commercial purposes - 8T‘ution doll t nOilf b ffafmber nl-- New So jetary of State Subscribe - don’t borrow! r o ii o |