Min 06/11/1917 •
Page 208.
M J Gardner moved that H F Robertson, be allowed $"10.70 amount
due at 5% commission on $214.00 sewer rent collected, which was
seconded by J A Richolt, and carried.
There being no further business the Board of Aldermen adjourned.
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Read and approved this the Y/ day of June 1917.
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' Attest. j ,
y Clerk. s Mayor.
Wichita Falls, Texas, June llth 1917.
The Board of Aldermen of the City of Wichita Falls, Texas, met
in called session on above date, with Mayor A H Britain, presiding
and with the following Aldermen present, to-wit;
M J Gardner, E G Hill, J A Richolt and Marvin Smith. J L Lea, Jr,.
being absent. City Atty Nutt and City Clerk Skeen in attendance.
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Mayor Britain _stated,- the purpose of the meeting to be to consid-
er the advisability and to ask authority to invest the money belong-
ing to the City's Interest and Sinking-Fund, not needed to pay this
/ years interest on City Bonds, in U S Liberty Loan Bonds, and in
/ explaining the proposition he said there was about $25000.00 in
40-4114 the Interest and Sinking Fund and that about one half of this years
interest had been paid, leaving a balance available of about
f_ $18550.00. After full discussion of the proposition, in which it
Vag was shown that the City was now receivin only 3% interest and
that the Liberty Loan Bonds would draw 3 interest, Marvin Smith
moved that Mayor A H Britain be authorized to invest that part of
the Interest and Sinking Fund, belonging to the City of Wichita
Falls, not needed to pay interest on City Bonds coming due this
year, in United states Liberty Loah Bonds, which motion was sec-
onded by E G Hill, and carried. 1
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r.ld man H111 made request that hh be granted a leave of absence
from the City, explaining that he had arranged to make a trip to
the coast country, whereupon, M J Gardner moved that Zr Hill, be
granted a leave of absence from the City for a period of thirty
days, which motion was seconded by J A Richolt, and carried.
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There being no further business the Board of Aldermen adjourned.
i
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Read and -appproved this the 1%� day of June 1917.
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Attest,
i -/l____----- #7- /1-, -61-".-- ---.
Ci y Clerk. Mayor.