Res 419 6/27/1960.. 4
RESOLUTION NO. 1-4 -�—
WHEREAS, the City'Nati-onal Bank in Wichita Falls,.Texas,.has deposited in
trust with the First National Bank in Dallas,tjae sum of.$2,200,000 in U.S. Treasury
Bonds, as evidenced by the following First National Bank in Dallas Receipts:
No. A 11778,
'U.S. 2'k% Treasury Bonds of 1961
$ 700,000.00
Nos: 2738/2741,2743,3881,61403,.@ 100M each
Interest Due: May & Nov. 15, Next coupon
attached 11 -15 -59
No. A 15634,
U. S. 2'k% Treasury Bonds of 1961
1,000,000.00
No. 1133@ iMM
Interest Due: May & Nov. 15, next coupon
attached 5-15 -60
No. A 16070,
U.S. 21% Treasury Bonds of 1961
500,000.00
Nos. 6139/61398, @ I00M each
Interest Due: May & Nov. 15, next coupon
attached 5 -15 -60
$2,2.00,000.00
WHEREAS, the City National Bank.in Wichita Falls, Texas, has requested
release of the above securt'ties, and has agreed to substitute.in lieu. therefor.:,
$1,870,000 U.S. 3 -3/47. Treasury Notes of Series D -1964, due May 15,.1964,. and
$330,000 U.S. 2k% Treasury Notes, to secure deposits of the City of Wichita Falls,
Texas;
NOW,_THEREFORE, BE IT RESOLVED BY -THE BOARD OF ALDERMEN OF,THE CITY OF
WICHITA FALLS, TEAS:
THAT the :City Clerk..of. the City of Wichita Falls, Texas, be and he is
hereby authorized to rejease ° >i? .r*stT?Nati1onAl Bank in Dallas Receipts A 11778, A .15634,
and A 16070, as above described, in the amount of'$2,200,000.0O,.and accept in lieu
thereof new receipts from - the.First National Bank.in Dallas in the amount of
$2,200,000.00.
PASSED AND APPROVED this the n9 1!
ATTEST:
City Clerk