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Show Gunnison Bank In Line of Progress The year just passed proved one of the best business years for the Gunnison Valley Bank since its or-, or-, ganization, was .shown at the annual stockholders meeting held Monday of this week at the bank offices. The general trend of 'affairs has bein highly beneficial to every industry in the valley, and the successful campaign cam-paign of the sugar factory, coupled with the new industry of feeding inaugurated in-augurated here this fall has created a new volume and the local bank has greately benefitted as a result of the new business and the success-ful success-ful eropsJhat have been harvested. The Gunnison Valley bank was organized or-ganized in 1909 and for years it struggled as the new country banks usually do, until its solidity was sounded and since at time the local institution has gone ahead until it m now ranks with the best in the southern secton of the state. The reports of the officers at the Monday meeting showed the institution in splendid financial condition and the growth during the. past year has been surprisingly pleasing to the officers of-ficers and stockholders. The business busi-ness for the year 1926, according to officials of the bank, promises to be better than ever before and the outlook out-look is exceedingly bright. At the election of the board of directors di-rectors Monday there was but one change. James Bown, who served in capacity as a board member was forced to decline the office on account ac-count of his various interests and in his place the stockholders named A M. Mellor of Fayette. The board as it now stands is C B. Berglund, J. C. Mellor, J. W. Jones, John S. Peterson, Pe-terson, A. M. Mellor, J. N. Christiansen Chris-tiansen and William Metcalf. The new board will meet at the bank offices of-fices next Tuesday at which time a . president, two vice-presidents, cash ier and assistant cashier will be named.' |