Ogden Daily Standard | 1906-02-12 | Page 2 | New Bank at Richfield

NEW BANK AT RICHFIELD richfield feb 11 A meeting of the organizers of the no new w bank was hold saturday at the academy hall in this city for the purpose of effecting the organization of a new ban banking king concern for this city there were present about thirty subscribers subscriber it was decided to incorporate tor for with a paid up tip capital of 50 per of which must be paid up tip and the balance to bo be paid in 10 per cent payments per month until paid the now institution will be known as the state bank of sevier and it will open temporarily april 20 for business in soron soren Chris christensons furniture store until the new building of jensen young Is completed this will make three banking institutions tor for richfield and the only ones in southern utah except one in cedar city iron county the new plans for the jensen young block which include a hardware store for themselves a banking building and a large forty room hotel were presented at the meet irez ir and the directors of the new bank cepter il their part of them and will make their homo home in the new building when finished the death of mrs george L hansen occurred friday afternoon following the birth of a child the previous day her condition was wag serious serious from tho the first owing to complications to mourn her loss is a husband who has been twice afflicted a n boy about 8 years old by a former marriage and a baby girl a few days old