Show BANKS WIN OUT IN TAX controversy orval W adas adams president ot the tho utah state bankers association has given give out tho the following statement in regard to tho the much discussed tax controversy the federal district courts have hava sustained stained tile tho complaints of the weber cache aud and utah county banks in their suits butts against the county treasur ors ers to enjoin collection of taxes as cassed against their capital stock this decision disposes ot of the question of whether or not in tact fact substantial amounts ot of competing capital in utah are ara taxed at a lower rato rate than the ahe bank shares such facts aro are matters of 0 common knowledge tho the banks made a generous gon orous offer of settlement in advance of tho the courts decision dec lalon which offer was rejected by tho the county officials tho the additional loss to tile tho county incident to further proceedings ce in these cases is likewise a matter in the control of the county officials and not of the banks in salt lake sevier grand wayne and two or three other counties tho the officials accepted the offer made mada by the banks with tho the result that thay effected substantial savings to their counties |