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Show Gosircmercial Bank Selects flew Officers For Year , At the annual meeting of ;ne stockholders of The Commercial Bank of Utah, held at the Head Office, Spanish Fork, Utah, Tuesday. January 15, 1952, President Pres-ident P. P. Thomas analyzed the present business situation and gave -what might be considered as a forecast of economic conditions condi-tions to be expected in the foreseeable fore-seeable future. - Executive Vice President, Max Thomas viewed the band's accomplishments ac-complishments including the building1 of a new bam. building build-ing at Roosevelt, the remodeling' and enlarging of the Spanish Fork office, and the rgcondition-ing rgcondition-ing of the Nephi and Payson offices. of-fices. He also compared and ex plained the earnings for the year 1951 as compared with the year 1950. The following office managers each gave a report of the past year's business activity and plans for improving, bank services ser-vices for the coming year in the area served by their office: Otis Walch. manager. Delta office; Paul E. Booth, manager, Nephi office; Roy Broadbent, manager, Payson office, Paul H. Lambert, manager, Spanish Fck office; Gordon Mendenhall. manager, man-ager, Heber City office; Robert L. Montgomery, manager, " Duchesne Du-chesne office; Wesley Dickerson, assistant manager, Roosevelt office. of-fice. R. S. Jordan, who had been associated with the Roosevelt State Bank since its organization was present at the meeting1 and was welcomed into' the banking organization as manager of the Roosevelt office. Many of the stockholders present pres-ent expressed their appreciation and satisfaction for the efficiency efficien-cy of the bank's management and for-the pleasant and- courteous cour-teous services being rendered by the bank's officers and personnel. person-nel. The stockholders elected the following directors ,for the ensuing en-suing year: P. P. Thomas. Joseph Hanson, Max Thomas, Charles H. Dixon, A. E. Money, all of Spanish Fork; A. U. Miner, Salt Lake City; John Aagard. Fountain Foun-tain Green; M. L. Oldroyd, aid George C. Case, Payson; Roy W. Hanson, Nephi; L. C. Montgomery, Montgom-ery, Heber City; Don Clyde, Provo; Clive Sprouse, Duchesne, and R. Earl Dillman, Roosevelt. After the stockholders meeting, meet-ing, the board of directors perfected per-fected the following organization: organiza-tion: P. P. Thomas, president and chairman of the board; Max Thomas, executive vice president; presi-dent; Charles H. Dixon, vice president and cashier; George C. Chase, vice president: Joseph Hanson, vice-president; Mark D. Bowen, assistant casher; Roy W. Hanson, comptroller; Paul H. Lambert, secretary of the board. The following directors were appointed members of the executive execu-tive committee: P. P. Thomas, Max Thomas, Joseph Hanson, Charles H. Dixon and George C. Chase. |