Beaver County News | 1927-03-11 | Page 4 | Delta to have New Bank

i DELTA TO HAVE NEW BANK Two rival factions are said to be working secretely to establish a bank in Delta, one favoring California capital of the Banks, Huntley Co., and the other intent to keep the chief banking connection within the state of Utah, it is claimed. Each is endeavoring en-deavoring to keep its plans from the other, and each aims to be first in the field to ask the secretary of state for a charter. Subscription lists of the California connection have already been circulated circu-lated and about $15,000 worth of stock subscribed locally. The affairs of the Delta State Bank which recently closed, may permit a 10 per cent divident being paid within the next thirty days. After the first collections, nothing much further will be collectable until after harvest time, owing to the fact that the re-,gion re-,gion is largely based on a one-crop system, with only one return yearly.