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FORTY-THIRD ANNUAL CONVENTION
UTAH BANKERS ASSOCIATION




PROGRAM
FORTY-THIRD
ANNUAL CONVENTION

UTAH BANKERS
ASSOCIATION
OGDEN, U TA H
June 11 and 12, 1951

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Headquarters
H O T E L BEN L O M O N D

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Host
O G D E N C L E A R IN G HOUSE ASSOCIATION




Qreetinqs
IS

4

O n behalf o f the Officers o f the Association I am
glad to welcome you to this our 1951 Annual C on­
vention.
Please read your program carefully and observe
the time schedule o f the different meetings and
entertainment events.
It is essential that we all be prompt in our attend­
ance at the meetings in order that the necessary
business may be transacted in the allotted time.
I urge your cooperation and hope we will have
your active participation in all the meetings.

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• BE ON TIME

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1951 (convention

Schedule

R e g is tr a t io n — M e z z a n in e F lo o r

Commencing June 10 at 4:00 p .m .
Sessions will be held in the
B ALLRO O M o f t h e H O TE L BEN LOM O N D

S U N D A Y , JUNE 10
5:00 p .m . — Picnic Supper in the Garden o f Mr. and
Mrs. Willard L. Eccles, 2745 Fillmore
Avenue.

M O N D A Y , JUNE 11
8:0 0 to 9:3 0 a .m .— R egistration
8:00 a .m .— Past Presidents’ Breakfast,
English Room , Hotel Ben Lomond.
9:30 a .m .— First Session.
12:30 p .m .— M en’s Luncheon,
H otel Ben Lomond.
1:00 p .m .— L adies Bridge Luncheon,
Ogden G o lf and Country Club.
2:00 p .m .— Second Session.
6:00 to 7:00 p .m .— Social Hour, Patio,
Ogden G o lf and Country Club.
7:30 p .m .— Banquet, Dining Room,
Ogden G o lf and Country Club.
Dancing.

T U E SD A Y , JUNE 12
9:30 a .m . — Third Session
im m ediately follow ing third session—
Meeting— Utah Section American Bankers Association




• BE ON TIME

^Monday ^M orninq

—

9:50 a. m.

CALL TO ORDER............. President R. C. Wilson
MUSICAL PRELUDE
INVOCATION............. Rev. A. Cadman Garretson
Pastor, First Presbyterian Church, Ogden

PRESIDENT’S ADDRESS................. R. C. Wilson
Senior Vice-President, First Security Bank of Utah
National Association, Salt Lake City

REPORT OF SECRETARY-TREASURER
H. B. Crandall
President, First State Bank of Salina, Salina

ADDRESS.................................. Frank W. Lovejoy
Sales Manager, Socony Vacuum Oil Company, New York City

ADDRESS................... ............. Kenton R. Cravens
Vice-President, Mercantile-Commerce Bank and Trust Company,
Saint Louis

ADDRESS.................................... Richard L. Evans
Author of “ The Spoken Word,” Salt Lake City

+

APPOINTMENT OF
CONVENTION COMMITTEES:
Auditing
Resolutions
Nominating




^Monday Offternoon

—

2:00 p. m.

COM M ITTEE REPORTS:
L e g i s l a t i v e ......................................./ o / w

M. Wallace

A r g r i c u l t u r a l a n d L iv e s t o c k

Langton Barber
P u b l ic R e l a t io n s a n d E d u c a t io n a l

V ictor / . Bird
U n i f o r m P r a c t i c e s ................... Charles

H . Dixon

T r u s t D i v i s i o n .............................. Ralph

D. Cowan

Trust Officer, First Security Bank of Utah National Association,
Exchange Place Branch, Salt Lake City

A m e r ic a n In s t it u t e o f B a n k in g

H . V ictor White
Tracy-Collins Trust Company, Salt Lake City

A D D R E SS...........................................W . W . Campbell
Chairman, Agricultural Commission, American Bankers
Association, Forrest City, Arkansas

A D D R E SS.........................................Marriner S. Eccles
Governor, Federal Reserve Board, Washington, D. C.

*

SOCIAL H O U R
P a tio , O g d e n G o l f a n d C o u n t r y C lu b

6:00 to 7:00 p .m
A N N U A L BANQUET
D in in g R o o m , O g d e n G o l f a n d C o u n t r y C lu b

7:30 p .m .
D A N C IN G




J5E ON TIME

Tuesday JH ornincf — g :$ o a. m.

MUSICAL PRELUDE

*

A DD R E SS............................................... Charles R. C ox
President, Kennecott Copper Corporation, New York City

ADD R E SS...................................... Dr. R oy L . Reierson
Vice-President, Bankers Trust Company, New York City

COM M ITTEE REPORTS:
Auditing
Resolutions
Nominating

*

E LECTIO N OF OFFICERS
A D JO U R N M E N T OF C O N V E N T IO N

• BE ON TIME



Tu e sd a y ^M orning —

Continue9

M E ETIN G
U T A H MEMBERS

A m e r ic a n B a n k e r s A s s o c ia tio n

June 12, 1951

A meeting o f the members o f the American Bankers
Association o f Utah will be held immediately follow ­
ing the third session fo r the purpose o f electing the
follow ing:

MEMBER of the ABA NOMINATING COM­
MITTEE to serve at the ABA 1951 convention.
A L T E R N A T E MEMBER o f the A BA N O M IN ­
A T IN G C O M M ITTEE .

JUNIUS A . WEST
A B A Vice-President for Utah




*

• BE ON TIME

Officers — 1950-1951

R. C. WILSON, President
Senior Vice-President, First Security Bank of Utah
National Association, Salt Lake City

H. R. HURREN, Vice-President
Vice-President and Cashier, Cache Valley Banking Company,
Logan

H. B. CRANDALL, Executive Manager
Secretary-Treasurer, President, First State Bank of Salina, Salina

*

Executive Committee
T

erms

E x p i r e 1951

ROYAL G. KIMBALL
Cashier, Richfield Commercial and Savings Bank, Richfield

S. G. HICKMAN
Assistant Cashier and Manager, Beaver City Branch,
Milford State Bank, Beaver

H. A. ROBBINS
President, First National Bank, Murray

T

erm s

E x p i r e 1952

R. H. CLARK
Cashier, Davis County Bank, Farmington

MOSES C. TAYLOR
President, Kamas State Bank, Kamas

WILLARD L. ECCLES
Senior Vice-President, First Security Bank of Utah
National Association, Ogden




r

***

Standing Committees

L e g is la tiv e

JOHN M. WALLACE, Chairman
President, Walker Bank and Trust Company, Salt Lake City

ORVAL W. ADAMS
Executive Vice-President, Utah First National Bank,
Salt Lake City

GEORGE S. ECCLES
President, First Security Bank o f Utah
National Association, Ogden

A. W. McKINNON
President, Carbon-Emery Bank, Price

ALEX HEDQUIST
President, Farmers and Merchants Bank, Provo

F. P. CHAMP
President, Cache Valley Banking Company, Logan

E. H. STREET
Vice-President, Richfield Commercial and Savings Bank, Richfield

*

A g r i c u l t u r a l a n d L iv e s to c k

LANGTON BARBER, Chairman
President, Lewiston State Bank, Lewiston

C. E. YOUNG, JR.
Cashier, Peoples State Bank, American Fork

O. C. HAMMOND
Senior Vice-President, First Security Bank of Utah
National Association, Ogden




Standing Gomndltees

—

Continued

P u b l ic R e l a t io n s a n d E d u c a t io n a l

VICTOR J. BIRD, Chairman
Vice-President, Farmers and Merchants Bank, Provo

R. S. HANSEN
Vice-President and Cashier, First National Bank, Logan

K. J. SULLIVAN
President, Continental National Bank and Trust Company,
Salt Lake City

U n i f o r m P r a c t ic e s

CHARLES H. DIXON, Chairman
Vice-President and Cashier, Commercial Bank of Utah,
Spanish Fork

D. C. SHANNON
Vice-President, Commercial Security Bank, Ogden

GERALD H. SMITH
Assistant Vice-President and Cashier, Sandy City Bank, Sandy




Convention Committees

R e c e p tio n

WILLARD L. ECCLES
HARMON B. BARTON
GEORGE S. ECCLES
RICHARD K. HEMINGWAY
O. C. HAMMOND

*
R e g is tr a tio n

J. M. SQUIRES
FRANK FRANCIS, JR.

*
E n te r ta in m e n t

H. W. HINLEY
W. H. LOOS
D. C. SHANNON

*
L a d ie s E n t e r t a i n m e n t

MRS. HARMON B. BARTON
MRS. O. C. HAMMOND
MRS. GEORGE S. ECCLES
MRS. RICHARD K. HEMINGWAY
MRS. WILLARD L. ECCLES
MRS. W. H. LOOS
MRS. FRANK FRANCIS, JR.
MRS. D. C. SHANNON
MRS. J. W. HATCH
MRS. J. M. SQUIRES
MRS. T. F. HAWKES




HoLL o f 3 £ o nor—

(Presidents

Utah Bankers Association
Time and Place of Meetings

1909— Salt Lake; L. S. HILLS, President Deseret National Bank,
Salt Lake City.
1910— Ogden; W. S. McCORNICK, President McCornick & Co.
Bankers, Salt Lake City.
1911— Provo; M. H. WALKER, President Walker Bros. Bankers,
Salt Lake City.
1912— Logan; A. P. BIGELOW, President Ogden State Bank,
Ogden.
1913— Heber; FRANK KNOX, President National Bank of the
Republic, Salt Lake City.
1914— Price; CHARLES S. BURTON, President Farmers &
Stockgrowers Bank, Salt Lake City.
1915— Salt Lake; M. S. BROWNING, President First Nationa^^V
Bank o f Ogden, Ogden.
1916— Ogden; ELIAS A. SMITH, Cashier Deseret Savings Bank,
Salt Lake City.
1917— Provo; JOHN G. M. BARNES, Vice-President Barnes
Banking Co., Kaysville.
1918— Logan; T. N. TAYLOR, President Farmers & Merchants
Bank, Provo.
1 9 f ^ zSalt Lake; E. O. H OW ARD, President Walker Brew.
Bankers, Salt Lake City.
1920— Ogden; CHARLES H. BARTON, President National
Bank of Commerce, Ogden.
1921— Provo; JOSEPH T. FARRER, Cashier Provo Commercial
& Savings Bank, Provo.
1922— Salt Lake; H. E. H ATCH, President Thatcher Bros.
Banking Co., Logan.
1923— Logan; FRANK B. COOK, President Columbia Trust
Co., Salt Lake City.
1924— Ogden; MARRINER S. ECCLES, President First National
Bank, Ogden.
1925— Provo; W. W. ARMSTRONG, President National Copper
Bank, Salt Lake City.
1926— Richfield; JAMES M. PETERSON, President James M.
Peterson Bank, Richfield.
1927— Salt Lake; E. A. CULBERTSON, Vice-President Conti­
nental National Bank, Salt Lake City.
1928— Ogden; DAVID A. McMILLAN, President First Natioiu^^k>
Bank, Murray.




HolL o f 3 to n o r —

Presidents

(Continued)

■'* s V / ^ i A ^ #>i
■
1^
1929— Logaq; O. W. A D a m S, Vice-President Utah State N a - y i f J /
tional Bank, Salt Lake City.
^ //v
^ X f9 3 0 — Salt Lake; F. P. CHAMP, President Cache Valley Banking
Company, Logan.
OQr
1931— Ogden; H. M. CHAMBERLAIN, Vice-President Walker
Bank & Trust Company, Salt Lake City.
1932— Salt Lake; J. E? HALVERSON, President State Security
Bank, Brigham City.
j

yA

qJj

1933— Ogden; H. E. HEMINC^r AY, President Commercial
Security Bank, Ogden.
a

*

1 ^ ^ 1 9 34 — Bryce Canyon; CHAS. L. h k fTH , President First N a - T ^ f ^

\S

tional Bank, Salt Lake City.
1935— Zion Canyon National Park; A. W. McK&flTOff, PresiPric<
dent Carbon-Emery
Carbon-Jbmery Bank, Fnc^.

^ 9 i 6 -*— Bryce

Canyon; C. G. SALISBURY, Cashier $f>rmgville f 0
Banking Company,' Springville.

/

1937— Bryce Canyon; ALMA SONNE, Vice-President First N a - ^ y ^
tional Bank, Logan.

. /
s

1938— Salt Lake; J. A. CHENEY, Cashier Uintah State Bank,' ^ ^ - ^ *
Vernal.
^ A
1939— Grand Canyon; E. H. STREET, Cashier Richfield Commercial and Savings Bank, Richfield.

^

/^ ^ 1 9 4 0 — Logan; F. M. MICHELSEN, Vice-President Utah Savings
y
and Trust Company, Salt Lake City,
v
£

1941— Grand Canyon; L. E. ELLISON, Cashier First National ^
Bank, Laytonv
r
1942— Salt Lake; ALEX HEDQUIST, President Farmers knd ^
Merchants Bank, Provo.
y
1943— Salt Lake; CLAUDE HIRSCHI,I/Cashier State Bank of
Hurricane, Hurricane.
,•

i ^ " l 9 4 4 — Salt Lake; N. D. SALISBURY, ‘-'Vice-President and Man^
ager First Security Bank o f Utah National Association,
Logan.
'i^-i'945— Salt Lake; P. P. THOMAS, President Commercial Bank,
Spanish Fork.
^
^
s ^
^
f

.

1946— Grand Canyon; JOHN M. WALLAcfe^President Walker ^
Bank and Trust Company, Salt Lake City.
r
1947— Salt Lake; R AY P. DYRENG, Cashier Manti City Bank,
Manti.
1948— Salt Lake; JUNIUS A. WEST, Vice-President and Cashier ^ ----Bank o f Pleasant Grove, Pleasant Grove'.
/'-T949— Sun Valley; HAKMON B. B A R T O N ^ Vice-President X
Commercial Security Bank, Ogden.
,
^

m

950— Sun Valley; RAYM OND C. WILSON, ^Senior VicePresident First Security Bank of Utah National Association, Salt Lake City.




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• BE ON TIME