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Show CACHE VALLEY BANK HEADS ELECTED At the annual stockholders meeting of the Cache Valley Banking Company held Tuesday, more than 86 percent of the outstanding out-standing stock of the bank was represented, and the stockholders reelected for the ensuing year the Board of Directors consisting of Messrs. A. J. Fuhriman, William Peterson, S. R. Rogers, Charles G. Wood, George D. Preston, T H. Humpherys, Henry R. Hurren, and Frederick P. Champ. Following the stockholders meeting meet-ing the Directors met and reelected reelect-ed the officers of the bank, as follows: Frederick P. Champ, P. Champ, president; William Peterson, Pe-terson, vice president; Henry R. Hurren, cashier; L. W. Hovey, trust, officer and assistant cashier; cash-ier; Fred H. Thompson, assistant cashier. .Other additions to the bank's personnel were noted, and a satisfactory year was reported, both in earnings, increase in the bank's business and clientele, and in its facilities for service to the public. The Board of Directors reelected the executive, trust, and annual examining committees: Henry R. Hurren, cashier, made a detailed report covering the operations of the bank during the past year. L W. Hovey, trust officer, reported upon the operations of the Trust Department, which were commented com-mented on by Judge George D. Preston, chairman of the Trust Committee. The " report of the bank's subsidiary, the Cache Valley Val-ley Building Company, was also made in some detail. President Champ, In commenting comment-ing on the various reports, pointed point-ed out the substantial progress made by the bank in its various departments and In the sound and liquid condition of the Institution at the close of the year. He also expressed appreciation ot the staff, directors and stockholders of the institution for their loyal and efficient ef-ficient service and the support which has made possible the accomplishments ac-complishments reflected in the annual reports. Reference to the current uncertainties In the world situation and the financial markets mar-kets was made and pointed to as the basis for continuation of the bank's conservative operating policy, pol-icy, without in any way diminishing diminish-ing its desire or ability to be of increasing value in service to Its customers and the general public. |