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Show - monday, 2 may 15f1978i Southern Bank firm acquires local stock Affordable Portable Tubs and Spas Give your aches the air As seen in the Home & Garden Show POOL N PATIO SUPPLY The Bank of Utah, the commercial Ogden based bank, will have an additional 1806 shares of its common stock acquired by Tennessee Homestead Company, a bank holding company also based out of Ogden. According to the Federal Reserve Bank of San Francisco, which authorized the purchase last week, the additional purchase would bring Tennessees holdings of Bank of Utah to 48.3 percent of the common stock. Tennessee Homestead, although Ogden based, has no office or phone. Tennessee also owns control of stock of Bank of Northern Utah, which is out of Clearfield. The Fed lists Tennessee as the eighth largest commercial banking enterprise in Utah. Tennessee claims to hold 2.4 percent of the total com- - 2174 E. 3300 So. 485-004- 1 Redwood Hot Tubs... Luxurious Spas... and Saunas. WESTERN STATES LIGHTING AND SUPPLY i 2730 SOUTH 2700 WEST.SALT LAKE CITY. UTAH. (801)072-606- mercial bank deposits in Utah, with a total of $92.1 million. The Fed said it approved the application for Tennessee to acquire the additional 1800 shares of Bank of Utah because it does not appear that applicants acquisition would have any adverse effect on competition, or increase the concentration of banking resources. Draper no growth put to sleep no growth policy was quietly put to sleep this month as Draper city officials voted to rezone more than 500 acres of the new city as commercial and light industrial property. Drapers The vote came as a surprise to developers, who attended a city council meeting in hopes of convincing officials against a rumored stand. no-grow- 0 2 th The developers in attendance were invited to give in on the development of our e masterplan, mayor Ken and the explained, commission voted to rezone about 500 acres as light industrial and commercial. His-atak- RES GISQD TP The property, beginning at the Utah county line at Point of the Mountain and continuing to 1 14th South, has a multitude of owners, according to Hisatake. Special Introductory offer for month of May ONE LAMP FREE It was a gesture to let Draper residents know we are interested in the citys commercial and industrial future before the publication of our masterplan, the mayor said. The first draft of the master plan should be published in early June. WITH EVERY 2 PURCHASED! ,ww Transportation Save $ On Energy Consumption ENERGY SAVING BALLASTS EflERGY 6,000 HOUR LAMP LIFE SAVES UPT08TIMES THE LABOR COST OF LAMP REPLACEMENT FLUORESCEflT KRYPTOn LIGHT SflVIflG V i' TUBES BULBS Kail Us Delta Nu Alpha, a fraternity of businessmen and women in the transportation industry, is hosting a week-lon- g transportation show at the Valley Fair Mall beginning May 15. All phases of air, water, transportation will be wheel and rail represented. Show chairman Glen Frandson said since over 85,000 people join the transportation industry yearly, various Salt Lake businesses will offer displays and booths representing their companies. - RUGGEDIZED CONSTRUCTION SPECIAL group plans Valley Fair show SURGE-PROO- F FILAMENT 3 - |