Show BANK MERGER TO TOBE BE MADE PUBLIC I Return of 0 O. C. C Beebe Renews Negotiations Which Slight Differences Obstruct FACT WITHIN A FEW DAYS Utah National and State Bank Bank- to Become Become Become Be Be- come ne Essential Details Agreed Upon Public announcement of oC tho merger of the Utah National bank with the State Bank of Utah and anel the passing of time tile merged Institutions under control of oC tho the Zions Zion's Sa Savings Bank and Trust company will bo ho made within a few fewa days a E 0 O. C C. Beebe cashier of the Zions Zion's Savings bank has returned after an absence of or several eral days s and the deal will tn now be closed Tim Tho u essential L de- de tuna uj UI me Ie tuy nave navo neen agreed upon by the boar boards s of or directors directors tors con concerned rued though there Is a slight difference of opinion on a few minor points rh These rhese e hones bones of contention will te be overcome by h Ashby Snow and Mr 11 Beebo Beebe within a few days nys It is declared authoritatively when tho the legal transfer transfer trans trans- f fer r will Coli follow ow When seen last night Mr Jr Beebe said aid that there were some ome points upon which a a decision had not noL yet et been reached The Jh negotiations ma may take a long longtime time said Mr Beebe or the tho deal eal may be he con consummated any day I cannot tell When ma matters are arranged to the to-the the satisfaction of all concerned public announcement an an- of the time result will be made Until that time I will not discuss the tho them thoma m ma matter a t t e 1 All AJl concerned have e ob observed er ed re- re upon the th merger details Yet it is definitely I known that the time plan as I outlined Is correct and It I Is im only n a matter mat mat- ter or days until the important man man- deal is acknowledged le The Tho deal came to light first b by the acquisition of or the Utah National bank stock by Ashby Snow and O. O C. C Beebe- Beebe A considerable amount of the Utah National Na Na- stock was wag cornered before the thc promoters approached W. W Yo S S. S with a view to taking over his Inter Inter- eats which would give e them the control control control con con- of Cf the Institution McCornick agreed to dispose of his holdings at a art rt figure said to be far Car In excess of or thus giving Snow Sno and Beebe the balance of or power It was arranged that should remain at tho the head of oC thc In Institution until the time end o otho of tho the year when he will retire Beebe shortly afterwards became a director of or the Utah National As yet et the plans for tho the reconstruction tion of ot the Templeton building where the Zions Zion's Savings Bank and Trust Trus company is located have ha not been com corn pJ td Enough h Is known to show that tha the bank banle when reconstructed will bo be boone boone one of or the han handsomest banking bankinS' InstitutiOns ions In the elt city It is Intended to tear out the front of the building buildIng- and re replace replace replace re- re place it t with Utah marble entrances and granite steps The Tho The merged merge which will be hc the State Bank of Ut Utaji l. l will Continue in the present presen location at First S South luth arid and Main alJ streets |