Show OGDEN BANKS READY 11 TO 10 TAKE HE UP BONDS Special bl tl to Tb Tue Herald O Ogden Osden den May Iny 2 That That the banks of or Ogden are sufficiently stron strong to carry tho thu bon bonded ed Indebtedness of or the city 3 and nd hold up tho the credit o of tho the municipality i h 14 declared d to bo be shown shawn b by the read read- with which at least two of the 1 ea 1 banks came camo to the rescue of tho the dt it In offering to Pit pay tho the city bonds which fell rell due ue day y and which for a time threatened to Impair th tho tib credit of ot tho ell city through tho failure of or tho the Grant company to comply with Its Us agreement us to accept the bonds baldg When tho the New Y e York company wired It would be he to take tal UI up the tue hon bonds R Mayor faor Fell FeU Immediately hu go got Jol busy with the lic local banks hank an and 1 tit the r result was that th lh l R Ogden State bank hank wired lt its New cw cwI I York correspondent to pay tho the bon bonds l when the they camo Caine duo if Jr tho the Grant corn com jan failed aBed to tako take them and char charge chargo I tho tue account of or the th Ogdin bank batuk with tho the The Tho First National bank L r cd to take half hat of oC tho bon bonds s1 s. s 1 With Ith the New cw York company compan hoer Itow- Itow ever ver taking up the tho bonds as n agreed the tho matter mattera was a closed and anti It was wan not nul necessary ar for or th local banks to 10 assume ho tho responsibility |