| Show Farmers State Stale gunk Directors Promote Two t t h NEWELL PARKIN Directors of Farmers State Dank Bank promoted two staff members of the bank it was announced by R R. R N. N president and chairman of the board of 01 the bank NEWELL P P. P Parkin has been named executive vice president and Ray W. W Patterson Patter Patter- son note teller was named as assistant cashier Mr l Parkin has been with Farmers State Dank Bank since 1938 1936 Prior to that he was a I teacher at Past Fast High School in Salt Lake City and he is a graduate of the Ul University or of Utah Mr Panda Parkin has been serving the bank as vice president president pres- pres ident since 1957 MR l PATTERSON attended I w kz I er N RAY W. W PATTERSON the Ul University of Utah joining join join- ing Farmers State Bank in 1962 lie He is also presently serving servIng ing as a city elty councilman of West Vest BountifuL Mr also announced that the director of the bank declared a 20 per cent or one for five stock dividend ThIs dividend increases the outstanding out out- standing shares from 2500 to TilE THE BOARD nOARD or of directors announced that it intends to maintain the present policy polley of paying quarterly dividends divi plus a yearend end special dividend Last December the bank paid a 2 a share yearend yearend year year- end dividend in addition to a quarterly dividend |
