Show S S cattle company buys control of moab bank in a deal closed tuesday JA J A president and general manager of the somerville 1 cattle company purchased the interests of H G green in the first national bank of moab mr green who has been president of the bank for many years will retire from active business the interest of mr green purchased by mr consisted of shares of the banks stock representing the control of the institution the consideration is is re reported ported to have been approximately A meeting of stockholders of the bank was held tuesday and a reorganization of the directorate was effected mr was elected president and W R me mc conkie was retained as a director and cashier andrew somerville Is is a new director R J fletcher and mitchell who have served as directors in the pasta past remain on the board the annual stockholders meeting will beheld be held jan 9 at which time a permanent organization to serve during the ensuing year will be effected mr green h fad ad served as a director and 0 officer f f i c e r of the first national bank since its organization in 1917 he served as cashier for a number of years and then became president a position he had held for nearly 10 years mr has been a stockholder and director of the bank for about 10 years times dent |