Pleasant Grove Review | 1952-01-11 | Page 1 | Bank of Pleasant Grove Holds Annual Stockholders Meeting and Reelects Board of Directors

Bank of Pleasant Grove Holds Annual Stockholders Meeting And Reelects Board of Directors All officers and directors of the Bank of Pleasant Grove were reelected re-elected for the coming year at its annual meeting, January 8, it was announced Thursday by Junius A. West, vice president and cashier. At the same time, Mr. West announced that the bank had enjoyed en-joyed one of its most successful years with deposits increasing $425,000 in 1951 over 1950, and total resources increasing $422,000 in 1951 over 1950. Total assets of the bank at the close of business busi-ness Dec. 31 were $2,626,000, Mr. West said. Directors who were re-elected are: C. J. Cobbley, Keith H. Jacobs, Lewis E. Olpin, H. V. Swenson, and Junius A. West, Pleasant Grove, and Joseph T. Allen, Vineyard. Vine-yard. Officers re-elected are: C. J. Cobbley, president; Junius A. West, vice president and cashier; cash-ier; Kay L. Jacobs, assistant cashier.