OCR Text |
Show Bank Stockholders Hear Report, Name New Officers The annual stockholders' meeting of the Bank of Iron County was held Tuesday, Feb. 11, 1909, at the courtroom court-room of the Iron County Courthouse Court-house at 8 p. m. All but four shares of the total of 3000 shares of the institution was represented at the meeting. Vice President W. Scott Mitchell conducted the meeting. meet-ing. A financial statement of condition, along with a report; of earnings, was read to the1 stockholders, along with comparative com-parative growth figures. A comparison of 19H8 figures with those of 19G7, showed total to-tal assets to be up $351,402.35; total capital accounts to be up $00,700.81, and total deposts to be up $290,280.97 over a year ago. At the election, held as a part of the business of the meeting, D Robinson, W. Scott Mitchell, Elmer Lowe, James Mercer, Norman Day and O. K. Nielsen were elected directors di-rectors for the ensuing year. Later, in a meeting of the directors, di-rectors, D. Robinson was elector elect-or president, W. Scott Mitchell, Mitch-ell, vice president, and O. K. Nielsen, secretary for the ensuing en-suing year. |