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Show uim THE RICH COUNTY HELPER, RANDOLPH, Constitutional Amendments f BANK GROUPS MAKE NATIONWIDE SURVEY Constitutional Amendment cular class in such corporation, for all ita I debts and liabilities of every k nd No. I SECTION 2. The Secretary of State ii A Joint Resolution Proposing an Amend directed to cause this propose! amendment ment of Section 1, of Article VII. of the to be published as required by the Consti- Constitution Relating to the State Execu- tution and to be submitted to the electors tive Department, the Terms, Residence of the .tate at the next genera election in and Duties of Officers. (Superintendent the manner provided by law. SECTION 3. If approved by the electors of Public Instruction.) He it resolved by the Legislature of the of he state, this proposed amendment shall State of Utah, of all the mem- take effect on the first day of January, bers elected to each house concurring 1937. therein s 1. SECTION That it is proposed to Constitutional Amendment amend Section I, of Article VII, of the No. 5 Constitution of the State of Utah as folA Joint Resolution Proposing to Amend lows: 2 of the ConstituArticle XIII, Secti.-SECTION 1. The Executive Department tion of the c'ate of Utah, as Amended at shall consist of Governor, Secretary of the General Election in 1930 Relating to State, State Auditor, State Treasurer and Taxation of Tangible Property. AscerAttorney-Generaeach of whom shall hold tainment of Value, Exemptions, and th. his office for four years, beginning qn the Annual Tax for the State. first Monday of January next after his election, except that the terms of office Be it resolved by the Legislature of the s of ail members State of Utah, of those elected at the first election shall of elected to each House and begin when the state shall be admitted into all members of each House concurring the Union, and shall end on the first Montherein : day in January, A. D 1901. The off'eers SECTION I. That it is proposed to of the Executive Department, during their amend Article XIII. Section 2 of the Conterms of office, shall reside at the seat of government, where they shall keep the pub- stitution of the State of Utah, as amended lic records, books and papers. They shall at the genera election in 1930, to read as perform such duties as are prescribed by follows : 2. All tangible property in SECTION this Constitution and as may be prescribed the State, not exempt under the laws of the by law. SECTION 2. The Secretary of State is United States, or under this constitution, hereby directed to submit this proposed shall be taxed in proportion to its value, to amendment to the electors of the state at be ascertained as provided by law. The the next general election in the manner property of the United States, of the State, counties, cities, towns, school districts, muprovided by law. SECTION 3. If adopted by the electors nicipal corporations acid public libraries, of the state, this amendment shall take ef- lots with the buildings thereon used exclufect the first day cf January next succeed sively for either religious worship or charof burial not ing a determination by the Board of State itable purposes, and places Canvassers of the result of the election held or used for private or corporate beneWater taxation. be exempt from fit, shall designated in Section 2 hereof. rights, ditches, canals, reservoirs, power plants, pumping plants, transmission lines, pipes and flumes owned and used by indiConstitutional Amendment viduals or corporations for irrigating lands No. 2 within the state owned by such individuals or corporations, or the individual members A Joint Resolution Proposing an Amend ment to Section 10, of Article VII, of the thereof, shall not be separately taxed as Constitution Relating to Governors Ap long as they shall be owned and used expointive Power and the Filling of Va- clusively for such purposes. Power plants, power transmission lines and other propercancies in Certain Offices. (Superinty used foi generating and delivering electendent of Public instruction.) Be it resolved by the Legislature of the trical power, a portion of which is used State of Utah, two thirds of all the for furnishing power for pumping water members elected to each house concur- for irrigation purposes on lands in th. State of Utah, may be exempted from taxaring therein: SECTION 1. That it is proposed to tion to the extent that such property is amend Section 10, of Article VII, of the used for such purposes. These exemptions Constitution of the State of Jtah, as fol- shall accrue to the benefit of the users of water so pumped under such regulations lows : SECTION 10. The Governor shall nom- as the legislature may prescribe. The taxes inate, and by and with the consent of the of the indigent poor may be remitted or Senate, appoint all State and district offi abated at such times and in such maner cers whose offices are tstablished by this as may be provided by law. The legislature Constitution, or which may be created by may provide for the exemption from taxalaw, and whose appointment or election is tion of homes, homesteads, and personal not otherwise provided for. If, during the property, not to exceed $2,000 in value for recess of the Senate, a vacancy occur in homes and homesteads, and $300 for perProperty not to exceed any State or district office, the Governor sonal property. shall appoint some fit. p rson to discharge $3,000 in value, owned by disable persona the duties thereof until the next meeting who served in any war in the military service of the United States or of the State 'of the Serate, when he shall nominate some of Utaii and by the unmarried widows and If the office person to fill such office. of justice of the supreme or district court. minor orphans of such persons may be exas the legislature may provide. Secretary of State, State Auditor. State empted The legislature shall provide by law for be vacated Treasurer, or Attorney-Genertax sufficient, with other sources annual an by death, resignation or otherwise, it shall be the duty of the Governor to fill the same of revenue, to defray the estimated ordinby appointment, and the appointee shall ary expenses ot the state for each fiscal hold his office until his successor shall be year. For the purpose of paying the state elected and qualified, as may be by law debt, if any there be, the legislature shall provide for levying a tax annually, suffiprovided. SECTION 2. The Secretary of State is cient to pay the annual interest and to pay hereby directed to submit this proposed the principal of such debt, within twenty amendment to the electors of the state at years from the final passage of the law the next general election in the manner creating the debt.' (As amended Novem- American and State Banking ' principle that a reasonable return should be expected from services rendered, the commission says. ! The Bank Managemeni Commission has also formulated methods for installing and operating personal income loan departments in banks. This plan contemplates making loans primarily to individuals and small business concerns, based upon the character and assured incomes of the borrowers, as distinguished from the usual basis for commercial the commission says. loans, It points out that a large part of the population is not now making use of available bank credit and that to these people the personal loan department extends a valuable service which at the same time is profitable to the bank. It adds that it is the duty of the banks to educate the pub-- ' lie to come to the bank for all finan- - J two-thir- Activities of the Government in the Banking Field Are Reviewed and Position of Banks Analyzed. NEW YORK. Detailed bank researches, covering all phases of practical operating and economic facts and conditions related to banking, are being made by the American Bankers Association. The resulting material is being placed at the disposal of all state banking associations, which in many instances are extending the researches of the national association in their own states. These activities are said to be a part of the general program of banking development which is being carried on by the organized banking business. Among the most extensive researches being conducted by the American Bankers ' Association is that of its Committee on Banking Studies, which is making a detailed survey of Federal Government lending agencies and policies The basic material, which is kept up to date by continuing studies, shows where the Government agencies get the money they lend, what liability the Government assumes, what subsidy it extends, what return it gets, for what and to whom the money goes and on what terms it is loaned. . two-thir- ' two-thir- two-thir- by law. SECTION 3. If adopted by the electors of the state, this amendment shall take effect the first day of January, 1937. provided two-thir- EMERGENCY COUNCIL NEWS NATIONAL In Rich, county 98 loans were closed in the amount of $341,500 by the Fed- eral Land Bank and the Land Bank Commissioner from May 1, 1933 thru June 30. 1936, according to information received bv Allen T. Sanford, State Director for the National Emergency Council for Utah. Of the loans closed in Rich county, 39 for $191,700 were made by the Federal Land Bank and 59 for $149,800 by the Land Bank Commissioner. Through the agency of 'the Farm Credit Administration in Utah, was loaned during the same ' period. These loans included 1,979 Federal Land Bank loans, amounting to $5,840,200 ; 3,699 Land Bank Commission loans totaling $6,614,100; 1.079 Production Credit associations totaling $22,-721.0- $8, 10 1,838 ; - 3,404 - Fmarwenov Crow and 4,007 loans amounting to $319 dronth relief loans for $1,725,497. In addition to refinancing loans through the Farm Credit Administration. the farmers in Utah were benemortgage fited also by a reduction ; I Other researches are being made by the Economic Policy Commission of the association dealing with shrink-- ' ages in liquid commercial loans caused by economic changes in the nations business methods while the National Bank Division has made studies of the lending and investment powers of this class of bank, the pres- any agency, says the foreword to this material. Its intention is only to determine the facts. These facts properly assembled and presented should guide to fees with a recommende help banks to meet Government comost accounting system. petition if and where it exists. The T committee believes the Government entered the lending field at a critical Ice Around Antarctica period in order to aid banks and There are at least 6,000,000 square financial institutions If the time has miles of ice packed around Antarctica come for the Government to withIf all the Ice In the north and south draw, it is the duty of bankers to polar regions were to melt at the same demonstrate their readiness to take time, it would result in raising the care of all sound credit needs." oceans at least 130 feet. A It 'adds that the banks must be full with factual material AND GUARDIANSHIP PRORATE equipped as to the Governments emergency NOTICES CONSULT CLERK OF DISTRICT COURT OR THE RElending activities and practices, and SPECTIVE SIGNERS FOR FURthat full cooperation has been given THER INFORMATION. the committee by Government agencies in obtaining facts. Binders of the NOTICE TO CREDITORS material gathered have been placed of in committee hands the the by Estate of W. Chester Earley. Deceased state associations. Creditors will present claims with Investigation ot Postal Savings vouchers to the undersigned at his The Committee on Banking Studies ranch in Round Talley, Laketown, has also made a survey of the Postal Utah Post Office on or before the 14th Savings System throughout the day of October, 1936. GEORGE W. EARLEY. United States to ascertain to what exAdministrator of the Estate of W tent it is competing with chartered banks. Questionnaires were sent to Chester Earley, Deceased. GEORGE II. CROSBY, Jr., banks in all places where Postal SavAttorney. Evanston. Wvo. and are ings depositories operated First publication Aug. 14th, 1936. their answers will be analyzed as a Last publication .September 4. 19X6. basis for the committees findings. The Bank Management Commission of the American Bankers AssoLEWIS LONGHURST surciation has made a nation-wid- e vey covering the movement among Notary Public banks to increase their earning abilities through fair and legitimate rates LICENSED ABSTRACTOR for services they render their depositors. It has developed a plan of acOf Rich County, Utah count analysis as a basis of fair A specialty of making Deeds and Titlescharges. All business in order to justify its existence is founded on the economic ( the official ballot at the general election Nov. 3, 1936, under the number and title herein designated. In witness whereof, I have hereunto set my hand and affixed the Great Seal of the State of Utah, this 1st day of September, 1936. No. 7 improper conduct, or conviction of a felony. 12. iolating or aiding others in violating any of the provisions of the dental practice act. 13. Refusing the Department of Registration or the State Board of Health, their officers or employes, access to his office, instruments, laboratory, equipment, appliances or supplies for the purpose ot inspecting the same. 14. Keeping his office, instruments, laboratory equipment, appliances or supplies in an insanitary condition. 15. Nothing herein contained shall be construed so as to prevent a duly licensed dentist in the State of Utah from advertisof ing his profession, except the us-quotation - of newsdefinite fixed prices by the papers, periodicals, signs, cards, radio and other lawful means of advertising, provided, that all of such advertising shall be in the name of the licensed dentist who may specifically refer in such adve.tising to his traiinng, methed andor system. t SECTION 2. This act shall take effect vided. five days after the date of the official proc3. Employing what are known as caplamation by the Governor. pers, steerers or touters to obtain business. 4. Communicating, without the consent (t) Paragraph 15 added to present law. of the patient, information acquired in ' I, M. H. Welling, Secretary of State of treating a patient necessary to enable him the State of Utah, do hereby certify that to act for such a patient. correct 5. Advertising his dental business or the foregoing is a full, true and treatment or devices by untruthful, im- copy of the Initiative law filed in my ofthe voted general upon at fice and to be probable or impossible statements. or election to be held November 3, 1936. 6. Making any misrepresentations on will it appear that inI further to certify false prumises directly or indirectly ballot at the general election fluence, persuade or induce dental patron- the official numter title and Nov. 3, 1936. under the age. herein designated. 7. Sharing professional fees with an unIn witness whereof, 1 have hereunto set licensed person or paying any person for my hand and affixed the Great Seal of the ending or referring patients. 1st day of September, 8. Practicing while his license is sus- State of Utah, this DENTAL ADVERTISING LAW PROPOSED TO BE ENACTED BY INITIATIVE ReBeing an act to amend Section vised Statutes of Utah, 1933, as amended by Chapter 78, Laws of Utah, 1935, (Making it legal for Dentists to Advertise.) Revised Statutes of That Section Utah, 1933, as amended by Chapter 78 Laws of Utah, 1935, be amended to read as follows : The words "unprofessional conduct" as relating to dentists are hereby include. to defined 1. Obtaining any fee by fraud or ntation. 2. Employing directly or indirectly any student or unlicensed dentists, or one whose license has been revoked or suspended to peii-uoperations of any kind or to treat lesions of the human teeth, gums or jaws, or take impressions of the teeth or jaws, or to correct or attempt to correct malpositions thereof, except as herein pro- V 8, Secretary of State. principal which amounted to $1,089,-500- . Further savings resulting from lowered interest rates are estimated at $396,000 annually. In the period May 1, 1933 through June 30, 1936, 765,674 mortgage loans, totaling $2,056,156,826 were made and $1,391,373,603 was advanced in loans to cooperatives; while $318,878,072 was loaned to cooperatives by the agencies of the Farm Credit Administration in the United States. - t HEAVY BUT SOFT DALLAS, Texas, August 25, 1936. The champion soft drinker of the world was recently unearthed at the but Texas Centennial Exposition his name remains a mystery. Guest of an oil corporation for a day of special events, waiters announced that in 8 hours he consumed two cases of a nationally famous beverage. 1 Cliicie From Sap of Tree Chicle, used in chewing gum, Is from sap of the sapodilla ree. man-facture- d , n pended C. -- Robert V American Bank- ent status of the real estate invest- said. General improvemeni Cited ment field and of detailed data by states on earnings and expenses. The improvement in general conThe Savings Division has gathered ditions which is now taking place the facts showing savings in banks of should be of material aid to bankers all types, the number of savings de in carrying forward a constructive positors, the per capita savings foi prog, am for increasingly useful relathe country as a whole and the effects tionship' betweer banking and busiof current economic and social ness. as well as one of more helpful changes upon the savings habits of personal business '.ervices to all our the American people. Sound banking conducted in The associations State Bank Divi peoplethe public need and understand ways sion has issued the most recent figure, aim of successful bank the be musi available as to the detailed condi management tions of state banks, showing stead' How can the banker make his opimprovement in the position of th erations anc policies more understate banks, with marked expansiostandable to the people of his comns their aggregate resources, whih munity? How can better and broader the Trust Division has compiled financial services oe soundly provid- : - M. H. Welling, Secretary of State of the State of Utah, do hereby certify that the foregoing is a full, true and correct copy of the six Constitutional Amendments proposed by the regular session of the leg-islature of 1935 as the same appears of record in my office I further certify that they will appear on 1, D Fleming, President ers Association, has anmunced that the organization? annua convention vil) be held t Sai. Francisco, Sepand its program will tember 21 cal in not only bankers but speakers from various lines of business to present their viewpoints and advice. The plans for the convention discussions take into consideration the tact, he said, that one of the major problems of banking today is to develop its operations along lines that will create greater public understanding of its methods and services. It is my earnest conviction that such public understanding of banking is not omy an essential defense against attacks from whatevei source, but i:. also requisite to reestablishing it upon a firm and satisfactory basis of profitable operations. Mr. Fleming , ber 4, 1930.) No. 4 A Joint Resolution Preposing an Amendment to Section 18. Article XII of the Constitution of the State of Utah, Relating to Inability cf Qtsckhoiders of Banks . Be it resolved by the Legislature of the of all the memState of Utah, bers elected to each of the two houses voting in favor thereof: SECTION I. That it is proposed to amend Section 18, Article XII, of the Constitution of the State of Utah, so that the same will read as follows : SECTION 18. The Legislature may provide by law that the stockholders in every corporation organized for banking purposes, or the holders of any one or more of the classes of stock issued by any such corporation, in addition to the amount of capital stock subscribed and fully paid by them, shall be individually responsible for an additional amount not exceeding the amount of their stock in such corporation, or the amount of their stock of any parti- - WASHINGTON.-- I SECTION' 2. The Secretary of State is by the electors of the state, this amendment shall take hereby directed to submit the proposed amendment combined herein to the electors effect the first day of January next sucthe state in the next general election in ceeding a determination by the Board of of State Canvassers of the result of the elec- the manner provided by law. SECTION 3. If adopted by the electors tion designated in Section 2 hereof. of the state, this amendment shall have effect on the first day of January next succeeding a determination by the Board of Constitutional Amendment State Canvassers of the result of the elecNo. 3 tion designated in section 2 hereof A Joint Resolution Proposing sn AmendConstitutional Amendment ment to Section 8. of Article X, of the Constitution Relating to the State Board No. 6 of Education. (Superintendent of Public A Joint Resolution Proposing to Amend Instruction.) Section 9, Article VI of the Constitution Be it resolved by the Legislature of the of Utah, Relating to Compensation of State cf Utah, of all the members elected to each house concurring BeMembers of the Legislature. it resolved by the Legislature of the therein : of ail the mem- -' State of Utah, 1. That it is proposed to SECTION bers elected to each of the two houses amend Section 8, of Article X, of the Conin favor thereof: voting stitution cf the State of Utah, as follows: SEC i ION 1. That it is proposed to SECTION 8. The general control and amend Article VI, of the ConSection supervision of the Public School System stitution of the 9,State of Utah, as follows: shall be vested in a State Board of EducaSECTION 9. The members of the Legistion. consisting of such persons as the lature receive such per diem and mileshall Legislature may provide. SECTION 2. The Secretary of State is age as the Legislature may provide, not exten cents eight dollars per day hereby directed to submit this proposed ceeding the distance necessarily travamendment to the electors of the state at per mile for to eled and returning from the place the next general . election in the manner of. going meeting on the most usual route, and provided by law. receive shall no other pay or perthey SECTION 3. If adopted by the electors of the state, this amendment shall take ef- quisite. SECTION 2. The Secretary of State is fect the first day of January next suchereby directed to submit this proposed ceeding a determination by the Beard of amendment to the electors of the state at State Canvassers of the result of the electhe next general election in the manner tion designated in ejection 2 hereof. Constitutional Amendment to the Pubic Other Researches i The Government in Banking is not the intention of the committee to express its viewpoint about -- Business Men Also Invited to Present Their Views on Services of Banks cial services. Small borrowers should be informed that the local bank is willing to care for their demands. It ai provided by (aw. SECTION 3. If adopted STUDIED i l, IN ANNUAL OOUNCIL Personal Income Loans 1 Associations Collaborate in Investigation LOAN SERVICES BANKAS WILL MEET 9. Using intoxicants or drugs to such an extent as to render him unfit to practice dentistry. 10. Maltreating his patients by reason of gross ignorance, wilfulness or neglect. 11. Gross immorality, dishonorable or 1936. Secretary of State. ed? How can banking improve its op- erating methods and income? These ind many similar questions demand the earnest attention of all bankers. toThey call for a fresh counselling exof new a interchange gether and the memperience and advice among bers of our profesion. With these lioughts in mind, re ' have built the convention prog our into also of calling with the view councils speakers from various lines of business to give us their viewwithout points and advice, l can say reservation thal this is to my mind one of the most crucial years in the evolution of American hanking, and that we are passing through a period demanding, as never before, cooperation and mutual exchange of viewoth- point among our members and GRID CLASSIC SCHEDULED I)AII, AS, Texas, Alienist 25. 1936. None other than Jimmie Allred, youthful Texas Governor, is authority that l he Centennial football classic September 7 between the Chicago Bears and team will 'be the the of the year. It marks the greatest of the sport program on the opening Centennial grounds. Does Your OLD CAR Show Its Age? o Don't waste money on expensive repairs. Trade it in on a later model. 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