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Show Bank Has Good Year, Re-elects Officers, Directors Stockholders of the Bank of Pleasant Grove held their annual meeting at 2 p.m. Tuesday, Jan. 8, in the directors room of the bank. The annual report read at the meeting indicated that the local banking institution is in excellent condition and enjoyed a record business during 1956. Stockholders present or by signed sign-ed proxy re-elected the following officers for 1957: Charles J. Cob-bley, Cob-bley, president; Keith Jacobs, vice president; Kay L. Jacobs, cashier; Junius A. West, executive vice president; and Taylor Allen, Lewis Olpin and H. V. Swenson, directors. direc-tors. At the Board of Directors meeting, meet-ing, which followed at 4 p.m. an increase in-crease to 3 per cent per annum on savings accounts was officially approved. |