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"CONFIDENCE" IS WRIT IN BUYING MAY BANK ASSETS CITIZENS NATIONAL WILL PAY OFF DEPOSITORS PROMPTLY AND WIND UP UNION CENTRAL'S AFFAIRS. Every business interest of the county will quicken and respond, it is believed, at the turn in local financial affairs that comes with the announceinent that the Citizens national-bank of Salmon has taken over the assets of the defunct Union Central bank at May, which suspended at the time of the tragic death of Cashier Meitzler in August last. These assets run up considerably over the large sum of $100,000 and that there should be ability as well as so a transaction dle of depression large willingness in to a han- time reflects high credit on the Salmon bank. Every person in the territory served by this institution in the credits will be benefitted far extension of as as possible to serve the best interests of both debtor and creditor in every instance, according to word from the local bank. Confidence Expressed in Action. The fortunate turn of the affairs of the May bank creditors has been brought about by joint action of the board of directors thereof, by the state banking department under Mr. Fralick, by the manager of the federal reserve bank, Mr. Motherwell, and by the liberality of the management of the Citizens national. Depositors to be Paid in Full. Announcement most gratifying comes with the assurance from the Citizens that the to the number Union Central every depositor of of upward of 300 will be credited with his full deposit this Saturday, subject only to any debits that may be coming to the defunct bank. In other words if the Union Central owes a depositor any money the same will be paid at the window of the Salmon bank, and nobody stands to lose anything in the troubles that overwhelmed the bank at May. Furthermore not one cent will be lost, it is said, by any stockholder in that institution either, for unfortunate personal losses are fully protected. This is the largest financial transaction undertaken in the history of Lemhi county, it is stated, and its completion portends good results for the general welfare. It remains for everybody, at the approach of the season of good-will among men, at the initiative of the Citizens national bank, to put pessimism behind him and to look forward with confidence and not backward with misgivings and doubts. This country is a mighty safe proposition. Let no man forget this important fact. If you have idle money put it to work in one of the sound banks that you know of. It is a mortal sin to hoard and hide your resources and the good citizen who stops to think won't do that sort of thing. The business man who permits himself to do so is not much of an asset in community building.
