OCR Text |
Show OO r D.CJACKLING SELLS STOCK IN UTAHBANK Salt Lako, July 8. Representatives of the National Trust & Savings company com-pany yesterday closed a deal with the representatives of Col. D. C. Jack-ling Jack-ling whereby they purchased the Jack-ling Jack-ling interests in the Salt Lake Security Se-curity & Trust company for $120,000. The stock held by Colonel Jackling was bought by the National Trust &. Savings company after an appraisement appraise-ment of the Salt Lake Security &. Trust company Payment was at the rate of 120 a share. Joseph J. Cannon, A. B. Irvine and James Mack of Ogden are slated to be elected directors of the Salt Lake Security &. Trust company to represent repre-sent tbe stock held by the National Trust interests. The deal involves a plan to erect a modern office building at the corner of First South and Main on the property now occupied by the Utah State National bank. Lorenzo N Stohl, president of the First National bank of Brigham City, also is interested in the purchase of the stock of the Salt Lake Security & Trust company which was held by Mr. Jackling. |