Res 747 12/11/1967RESOLUTION NO. 7i/7
WHEREAS, by Resolution No. 717 the Board of Aldermen
of the City of Wichita Falls terminated that certain cemetery
perpetual care trust fund created by trust agreement dated
September 12th, 1956, and the City has requested that the
First-Wichita National Bank, trustee, deliver the assets on
hand in said trust fund to the City of Wichita Falls; and,
WHEREAS, such bank has requested that the City in-
demnify and hold harmless the bank for the relinquishment of
said trust fund to the City.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN
OF THE CITY OF WICHITA FALLS, TEXAS, THAT:
The Mayor is authorized to execute an agreement whereby
the City of Wichita Falls agrees to indemnify and hold harmless
the First-Wichita National Bank individually or in its fiduciary
capacity, for any claim, rights, liability, or causes of action
that might arise out of and as a result of said bank' s termina-
tion said funds. to the City oftionofsaidtrustanddeliveryofy
Wichita Falls .
PASSED AND APPROVED this the //a/day of
1967 .
MAYOR
ATTEST:
City Clerk