Show bank annual meeting the stockholders of the bank of iron county held there annual meeting monday afternoon the rep report of the business as given hy the cashier was satisfactory and showed that a careful and conservative serva tive method has been pursued the earnings of the bank were 16 1 15 1 5 per cent which was disposed of as follows 8 per cent to be paid to stockholders as dividend 6 per cent set aside as surplus fund and 3 15 1 5 allowed for depreciation of furniture and fixtures the electing of officers for the ensuing year was held and the director who have been in power the past year were retained the stockholders were entirely satisfied with the showing made by the bank and had no hesitancy in placing the business in the hands of the old director for another year |