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Show Commercial Bank Observes 59 Years Of Progress The Commercial Bank of Utah held its 50th annual stockholders meeting, Tuesday, Jan. 8, 1955, at the head office, Spanish Fork, Utah. The ladies of the Spanish Fork office served a delicious buffet buf-fet luncheon to all of the stockholders stock-holders present at the meeting. Senior Vice - President Joseph Hanson told of his being present at the meeting in the Young Men's Co-op store building, when the bank was organized 50 years ago. He has been actively associated with President P. P. Thomas in the management of the bank since 1914. Stockholders renamed the following fol-lowing directors: P. P. Thomas, Joseph Hanson, Max Thomas, Charles H. Dixon, A. U. Miner, A. E. Money, George C. Chase, Roy W. Hanson, C. M. Pace, John E. Aagard, M. L. Old-royd, Old-royd, Don Clyde, R. Earl Dillman and Clive Sprouse. Officers re-elected by the board were: P. P. Thomas, president and chairman of the board; Joseph Hanson, vice-president; George C. Chase, vice-president; Max Thomas, Thom-as, executive vice-pres. Charles H. Dixon, vice-pres. and cashier; Roy W. Hanson, comptroller and auditor; Mark D. Bowen, assistant cashier; and Paul H. Lambert, secretary. Executive Vice-Pres. Thomas told stockholders that total resources re-sources of The Commercial Bank of Utah had increased nearly $900,000.00 during 1954. Resources Resour-ces on December 31, 1954 were over 19 million. 1 A NEW MAYOR Given the oath of office as mayor of Duchesne Du-chesne Jan. 25, was Chester Lyman, who was appointed to fill a vacancy caused by the resignation of Otto E. Johnsen |