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Show overnment Loan Will ermit Dividend From Bank ,:icer C. Taylor, local represen-i represen-i of the State Banking depart-i depart-i has received word that the il loan of $239,000 for the Bank ;:erican Fork has received ap-ji ap-ji of the Reconstruction Fin-j Fin-j corporation and should be pie in the near future for the nt of at least a 30 per cent jid to depositors of the bank, announcement from the State Jin Monday's Deseret News had '.flowing to say about the loan: bank commissioner reported hat two more Reconstruction fc Loans had been approved jahington officials, one of $79,-';r $79,-';r the Midvale State bank and ;:her of $239,000 for the Bank -erican Fork. ; loan, when released to the banking department, will al-i-.e payment of a 30 per cent nd to Midvale State bank de-:s, de-:s, the first to be paid since . January 16, 1932. of the loan to the Ameri-ork Ameri-ork bank, amounting to $239,-' 54,380 must be disbursed to y-able, leaving $174,000 for de-:s, de-:s, which will allow the pay-of pay-of a 35 per cent dividend, rill be the second dividend to id since closing July 8, 1933, ;st amounting to 5 per cent." 1 how soon the dividend be available, Mr. Spencer that a complete check of all and collateral would be nec-before nec-before they receive the money mt everything must be in per-order per-order before the government nove, which will be at least days. |