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Show Branch Bank At Beaver Appears To Be Assured Re-establishmer.t of banking facilities fa-cilities in Beaver, long the ambition ambi-tion of Beaver people and of those living in the western part of the county, too, for that matter mat-ter will probably become a reality about October 1, or soon thereafter. there-after. At that time, unless some unforeseen obstacle is encountered, a branch of the Milford State bank will be established at the county-seat county-seat .thus- taking care of needs Beaver people have felt acutely since failure of their bank some five or six years ago. Incidentally, the new- branch bank will occupj the premises of the defunct State Bank of Beaver, it is understood. A hearing on the matter of establishing es-tablishing the branch at Beaver was held Wednesday forenoon at the county court house in accordance accord-ance with orders of Rulon F. Star-ley, Star-ley, state bank commissioner, who was in attendance. The Milford State bank is one of the few banks south of Salt Lake City to have weathered the trying times of a few years ago and Mr. Starley openly commended to the people of Beaver the financial strength and officer personnel of the Milford Mil-ford bank. He has been in close touch with the local Institution for some time, preparatory to this step and knows whereof he speaks. There is scarcely a day in the year that one or more of the officers offi-cers and directors of the Milford bank is not in Beaver for varying periods of time, so that the proposed pro-posed setup would seem to be an ideal one from every point of view. George C. Murdock, mayor of Beaver City, and County Attorney Theodore Bohn, president of the chamber of commerce, expressed their pleasure at the re-establishment of banking facilities in their community and pledged their support-One other formality yet to be complied with is the amending of the articles of incorporation of the Milford bank t0 permit the establishment estab-lishment of a branch bank, but this will be taken up at a special meeting of the stockholders to be j held September 17. |