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Show K ( THURSDAY, JULY 20, 1978 PLEASANT GROVE REVIEW, PLEASANT GROVE, UTAH THURSDAY, JULY 20, 1978 Timp Stake Relief Society Will Have Tennis Lesson All Timpanogos Stake Relief Society Sisters can join the fun and games Friday, July 21 at 7 p.m. at the Jr. High Tennis Courts. Stake activity director, Larry Beveridge is providing an oppor-tunity for all the ladies to learn the basics of tennis. Emphasis will be on beginning methods and improvement of basic strokes. You should bring your own racquet and balls. Husbands are also welcome to join with their wives and all in-struction is free for all. I Recreation Events Listed For Coming Weekend in P.G. This week on Thursday, July 20th from 3:30 to 5:30 p.m. a Skate Board demonstration will be held. To be at the High School Tennis Courts and will be free to everyone. On Friday, July 21st from 7:30 to 9:30 a Dance Review and Art Display in the P.G. Junior Auditorium High . This will be free to the public and all age are welcome. A Skateboard Contest will be held on Friday, from 4:30 to 6:30 july 22 at the High School Tennis Courts, contestants should try and register at the Recreation building. Different age groups will compete and prizes will be awarded in both Freestyle and Slalom. There is no cost to enter this event. Roller Skating will be on Friday. Next week there will be NO Recreation sports and games or classes, on Monday, July 24, Pioneer Day. However on Friday, July 28th there will be a Water Carnival with water games and events planned with prizes. It will be from 2 - 4 p.m. at the P.G. Swimming Pool. Al ages are welcome. Also a movie from 10-1- 2 that morning in the Alhambra Theater. The movie will be "Huckleberry Finn" and will only cost 35e. TENNIS TEAM Front, Jeff and Danny Schoonover, ball boys; Row 2, Brady Harris, Keldon Brown, Shaun Holdaway, Kwin Walker, Bretf Llloyd, Row 3, Tom Gilson, Greg Johnson, Darrin Sisam, Jim Brown, Steven Schoonover, and Paul Schoonover, coach of the P.G. team. Tennis Team Wins at Am. Fork Tuesday, July 18th the Pleasant Grove Tennis Team traveled to American Fork for their final match of the season. The trip to be a great ending for the boys as they defeated American Fork in 7 of the 9 mat-ches. The boys have done a great job this year, ac cording to their coach, Paul Schoonover, and are looking forward to playing again next year. City Council Meeting Continued from Page 1 be made to the city for actual water used with some set minimums. The council voted to adopt this policy by resolution. The council reviewed the job of classification plan of the city especially the grade given the water department maintenance person. The council felt that the job descriptions and grades should be reviewed again. Representatives from the Bureau of Reclamation were present at the meeting to discuss the proposed aquaduct which is to run through Pleasant Grove adjacent to the existing canal. The possibility of piping the canal was discussed. The representatives indicated that this would be practically impossible to do because of the two different types of water to be carried. The impact on the city by this new line was stressed to these men by the city council members. It was decided that the city would write the Bureau of Reclamation and explain the concer-ns and the demands which the city has and which would be placed as conditions for the city to lend its support for the water line. Several residents were in attendan-ce at the meeting to protest the ac-tion of the city in issuing a ten day stop order to a citizen in town who has established a business in the residential zone. Petitions from the citizens surrounding this individual noted the lack of problems with the business located in the area. The violation of city was discussed and the need for compliance to the city code by this individual was noted. The council decided to allow this in-dividual one year to relocated his business and that during this period of time he work to reduce the problems which have been received by the city office concerning the operation of the business. Problems with the installation of the improvements being constructed by the special improvements district were discussed. The contractor will be encouraged to proceed in all haste to complete the project. A proposed agreement between the city and contractors desiring to use city sewer cleaning and T.V. equip-ment was distributed to the council, the council to review this agreement and decide on this matter at the next meeting. An agreement with Union Pacific Railroad for crossing their easement for installation of water and sewer lines was reviewed and ap-proved. An ordinance which would maintain the 25 mile per hour speed limit in residential areas of town was reviewed and approved. The need for this ordinance became apparent when the state legislature had allowed a minimum of 35 mpg in residential areas. The need to establish the city mill levy was noted. The council voted to postpone this decision until the next meeting. Races Are Fast and Furious Last Saturday at Roundabout Track Rod Mitani with lots of 'know how' started with Pole position in the Teen Stock Trophy dash and stayed there for the full four laps for the win and trophy at last Saturdays races. The reverse proved true for Kim Gardner in the Limited Stock Trophy dash. Kim is a new driver 3 weeks he started in front but lost to Steve Turner who came up from back position. Luck and skill were with Joe Remmes once again as he worked his way from back to front in the Stock class Trophy dash. It was John Gooch's lucky day as he held the lead in the B modified class all the way for the trophy dash win. Jack Elwell, an all time favorite was trying a little too hard this week as he spun out on the last turn during the A modified dash loosing first place to fast moving Cliff Campbell. Quick thinking and good timing were on Pete Campbells side as he took the lead in the Teen Class heat race and held it for the win. The competition is really stiff in the Limited Class this year, these cars really move as Steve Turner proved when he jum-ped from last to first place in double quick time for the flag and the win. The first Heat race in the Stock Class dwindled down to 2 cars, Steve Phelon and Larry Park did some real fine driving, it was Larry's turn to win as he took the lead and flag to win the trophy. 6 cars started the 2nd heat race in the stock class and believe it or not 6 cars finished Joe Remmes worked his way through the pack for his second win of the day. A and B class Modified were mixed for the Heat and Main this week. Once again .Tark Elwell snnn nnr while in lead position. Cliff Campbell in second at the time missed Jack and took over first to stay there for the win. There were 8 cars waiting for the flag to drop at the start of the Teen Class main-even- Kriss Sweat was ready and waiting he gained 1st place position in about 5 laps and no-on- e could catch him. Hal Leonard took second, Rod Mitani third, and Rick Merriweather fourth. Kim Gardner went from 1st to last position very quickly in the Limited Main event nearly loosing a door in the process. Steve Turner took the lead quickly, with Robert Newman, following for second and Paul Hansen finishing 3rd. The Stock Main event held a surprise for Tom Whaley, He had a flat tire which caused him to flip over No. 2 turn for his 1st. roll-ove- (He was unin-jured- ) Meanwhile Norman Rhodes was slowly but surely working his way through spin-out-slower cars and what-hav- e you. He came out in no 1 position for the win and trophy. Mar-vin Flatt took second, Kay Mitani 3rd and Larry Park 4th. Jack Elwell made a great comeback as he did some real smooth driving to take the win in the Modified Main, Marty West placed 2nd and Cliff Campbell 3rd. Bicycle winners this week were: Larry Roundy, John Roundy, Rena Rhodes, Todd Carlson, MarKay Carlson, Chad Nielson, Angie Powell and Bob-by Leonard. Kevin Brown won the wheelie contest. This week is the Mid-seaso- n championship races where drivers compete for points for this day only. The winner in each of the 5 classes will win an ex-tra trophy plus a jacket. Special event for the day is a Demolition Derby, come and join the fun. REPORT OF CONDITION OF BANK OF PLEASANT GROVE OF Pleasant Grove in the State of Utah at the close of business on June 30, 1 978 ASSETS nil no. Cash and due from banks 3,441 U.S. Treasury Securities 4,483 Obligations of other U.S. Government agencies and corporations 1,605 Obligations of States and political subdivisions 1,621 Other bonds, notes and debentures 4 Loans, Total (excluding unearned income)17,136 Less Reserve for possible loan losses . . 220 Loans, Net 16,916 Bank premises, furniture and fixtures, and other assets representing bank premises 736 Real estate owned other than bank premises 181 Other assets 224 TOTAL ASSETS 29,211 LIABILITIES Demand deposits of individuals, partnerships and corporations 7,355 Time and savings deposits of individuals, partnerships, and corporations 1 4,923 Deposits of United States Government 258 Deposits of States and political subdivisions .' . 3,742 Deposits of commercial banks 74 Certified and officers' checks 273 Total Deposits in Domestic Offices 26,625 Total demand deposits 8,927 Total time and savings deposits 17,698 Total Deposits in Domestic and Foreign Offices 26,625 Federal funds purchased and securities sold under agreements to repurchase in domestic offices . . . 350 Other liabilities for borrowed money 140 Other liabilities 465 TOTAL LIABILITIES 27,580 EQUITY CAPITAL Common stock, No. shares authorized, 2,000 No. Shares outstanding, ,964 Surplus 950 Undivided profits 583 TOTAL EQUITY CAPITAL 1,631 TOTAL LIABILITIES AND EQUITY CAPITAL 29,21 1 MEMORANDA Average for 5 or 30 calendar days ending with call date: Cash and due from banks 2,526 Total loans 16,886 Time deposits of $100,000 or more in domestic offices 3,419 Total deposits 26,619 Federal funds purchased & securities sold under agreements to repurchase 354 Other liabilities for borrowed money 1 40 Standby letters of credit outstanding 137 Time deposits of $100,000 or more in domestic offices-- . 3,419 I, Keith R. Anderson, of the above-name- d bank,, do sol-emnly swear that this report of condition is true and correct, to the best of my knowledge and belief. Keith R. Anderson, State of Utah, County of Utah, ss. Sworn to and subscribed before me this 7th day of July, 1978. Craig Forsythe, Notary Public KAY L. JACOBS, CALVIN H. SWENS0N W. E. PETERSEN Directors STATE OF UTAH, Dept. of Finanical Institutions I, W. S. Brimhall, Commissioner of Financial Institutions, do hereby certify that the foregoing is a true and correct copy of the statement of the above named bank, filed in this office on July IT 1978. W. S. Brimhall, Commissioner of Financial Institutions What's New ILaee 1 Bll I i Opening July 25th 1 Featuring 1 1 All Laces, Braids, 1 I 40' Yd. I B Designer Fabrics I Patterns B and Ideas I Compare our quality 1 I Compare our prices i H Lace Place B 1260 NortL Silatle m Provo, Ulalk " (Riverside Plaza) v 3778014 The Handlers D.R. McDermott, brakeman, Milford, Utah; Miriam L. Sears, cashier account int. S ill ike City, )tal John C. Greenwood, crew dispatcher, aKgr Salt Lake City, Ui il Larry A. Roth, iang foreman, Salt Lake City, Utah; JF P V Stuart Hamlett, switchman, Salt Lake City, Utah. 1 We can handle it. 4$$b |