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Show I Charles H. Barton I Becomes Head of I Pingree Bank Here II Wiciely-knon Ogclenite Resigns Position With Ogden Charles H. Barton, cashier of the, Qgden Savings bank, and for thirty veare an active banker In Ogden, has resigned his position with the Off den I Savings bank to become a director! and fir..t vtce-presldeni of the pingree National hank of gdi n Mr Barton's appointment means .that he will have the actlbc manage-1 mi nt of the I'lngroe bank, the name of which Is to be Changed CO The National Na-tional Bank of Commerce. Mr Barton will take up his new duties du-ties as soon as he tan arrange hlfl af-j fairs at the gdcn Savings bank The successor of Mr. Barton at the: )gden Savings bunk has not been announced an-nounced by the officers of that iank. j In connection with the changes In, banking circles the following state-, meht wns Issued : The hoard of directors of the Pin-1 -groc National bank, at their regular I monthly meeting on We"dnes4lay, elect-1 Sd to the office of director and first; Jrlcc-presldent of thr bank Charles H. -Harton. Mr. Barton has. for mmV Chan thirteen years pas:, been aisjpclat-Cd aisjpclat-Cd with the iiden Savings hniik. and resigned the position with that bank 6n Wednesday at the regular monthlv meeting of the board of directors of aid bank. 2 Mr. Barton is oik- of the best known hankers in ihe State of l"tah and is president of the state banking associa-j .Ion. He has served more than thirty ears in Ogden banks, and probably 4io man In ogden, or In I'tah. Is better : kr more favorably known In banking The selection of Mr r.arton to the office of first vice-president r ally means that the active management manage-ment of the Pingree National hank will hereafter be entrusted to Mr. Barton. Bar-ton. The action of the board of directors di-rectors In this particular Is in keeping with the previous action of the hoard of directors in enlarging and broadening broaden-ing the field of activities of the hunk. This policy of enlargement Includes the Increasing of Its capital stock and paid up surplus to $375 000. and the changing of the name of the bank to The National Bank of Com men both of which proposition have heretofore here-tofore been acted favorably upon by the board of directors and will br submitted sub-mitted to the shan holdi i of the bank at a special mooting thereof, to be held on September 16. BETTER 1 At IMTIKS. The bank now known as the Ping National bank which will hereafter be known as The National Bank of Commerce," has always been regarded as one of the most progressive banking bank-ing Institutions of the state of I tali, and the policy of It.-; board of directors, direc-tors, as ev idenced In ih Increasing of its capital stock and the employrai n of Mr. Barton, as its active manager Is In keeping with the requirements of the city of Ogden, which arc constantly constant-ly demanding bigger and better bank-ing bank-ing facilities. Tiie hoard of dire-i.rs of the bank feel that in the employment employ-ment of Mr. Barton, they have not only extended to him a broader field In which to apply his experience and ability as a banker, hut that the patrons pa-trons of the Pingree National bank will always, as In the past, be IflSured that their business entrusted to this bank will receive courteous and prompt attention. Mr Barton wishes the public to understand un-derstand that the reasons which prompted him to change his posil were purely because of personal ad-vaneemnt ad-vaneemnt He has, for more than thirty years, been associated with the Stockholders and directors of the ogden og-den Savings hank, and In leaving the same, does so with no small regret, and nothing other than personal ad-vancement ad-vancement would prompt him to sever his connection with an Institution whose record has been as sound and successiul and as big a force in the community as has been that of the Ogden Savings bank; but when the proposition came tendering him a position po-sition with the Pingree National hank, he felt that the field of actlvitx In p-den p-den in a banking line offered by a 1 QHARLES II B UiToX who becomes active head of Pin-sjrec Pin-sjrec Bank here, - few ' ' ' CH W. !S M. BARTON. i commercial hank was larger than the! field Of activity in which a savings' bank could participate, and hence de- ' elded to accept the position. While he; Shall regret leaving his old friends in the ogden Savings bank hi will leave with his best wishes for all of the of- i fleers and directors of the hank, and the patron: thereof, and sincerely hotieK that the friend.-- which he anticipates antici-pates he will make in the Pingree' National hank will afford him the same business satisfaction that he hasj heretofore experienced In, his efforts in the banking business In Ogden." I |
