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Show UTAH ITIOIL 111 ; INCUSES GAPiTAL ' :! - TDffiOO.000. ; ;i 1 I j Increase of the capital stock uf ihc . UIkIi National bank from $350,000 to j 1 510.000 was determined on at a stock-- stock-- holder?' meeting held ?Jarch i, at which every share of atock was rcpre-i rcpre-i scnted and the vote in favor of the i proposition unanimous. The present officers of the bank, which has steadily grown since- its foundation in 1SS3, are: David rO'lccs. president and director; Warren I,. Wutis, managing vice president and director; Chas. E. Kaiser, vice piesi-deni piesi-deni ana director; Wm. H. WatUs, 'director; 'di-rector; John M. Browning, director: Joseph Scowcroft, director; Wit. J. Paikei. director; A. V. Mcintosh, cashier; Wm. H. Loos, assistant cashier. cash-ier. Oilier stockholders in the institution! jam; Mrs. Ralph E. Iloag, E. O. Wat-j tis, Dr. Ezra C. Rich, Wm. H. Hoiris, Paul M. Lee, David Eccles company, I J. M. and M. S- Browning company." I "This is a matter entirely of a business busi-ness investment," said Warren L. Wat-tis, Wat-tis, active vice .president and manager. President W. L Wattls says :hat! this increase Is merely a matl.ei of j business investment. j "The stockholders of the bank! bough a good bank, they have built it! up materially and have made monev. Now they propose to make the bank even stronger and bigger. The bank ha an excellent local.ion. has ample jroojo and with only a slight increase .in overhead cost can carry on double ! the business that has been handled up to this lime." |