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Res 428 9/12/1960
RESOLUTION NO.-d- ki WHEREAS, The City National Bank of Wichita Falls, Texas, has deposited in trust with the First National Bank in Dallas, Texas, the sum of $630,000.00 in U. S. Treasury Bonds as security for the account of the City of Wichita Falls, Texas, as evidenced by First National Bank in Dallas,-Receipts No. A 1891 and No. A 19524, as here- inafter set forth: Trust Receipt No. A 1891, $300,000-00 U. S. Treasury 3% Bonds due 2-15-64 Trust Receipt No. A 19524, $330,000-00 U. S. Treasury 2-a% Bonds due 11-15-61, and WHER , sufficient securities have been pledged by the City National Bank of Wichita Falls, Texas, with the First National Bank in Dallas, Texas, to secure the deposits of the City of Wichita Falls, NOW, THEREFORE,, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA FALLS, TEXAZ THAT the City Clerk of the City of Wichita Falls, Texas, be and he is hereby authorized to surrender the above described certificates of indebtedness, Trust Receipt No. A 1891 and Trust Receipt No. A 19524, totaling $630,000.00 now on deposit with the First National Bank in Dallas, Texas. PASSED AID 'APPROVED this day of 1960. Ile, ATTEST: a I ( ' " C , �S , L. Fitts, Wichita Falls, Texas K*u r1 '. And V.)r' iva Bldg. ,SAilteibeir 1029 19,iZ,. The Board of Aldemen..of the M7 of Wichita- Fa11wj* Te a,# `tenet in..tegular session on the above date # i�t the C ►unc Room of the x : A on a Bldg.p A 2 -3i7 'oIclock PIN.I. -with the 033.oming aeOers present: Kenneth Johnson Mayor J4 R7 Ray � `E. J, , °Wininger.' ' Roger E. Thr vs Alde=en Dr: Al T. Witcher Jae Bailey.Neissner Jr. Mrs H. P. Ledford � C. J. Griggs Frank Gibson A, L. Fitts City Manager City Attorney City Clerk Among other proceedings.* the following was had$ Moved by Alderman Wininger that Resolution No. 128 be approvvgd. and passed as read. Motion seconded by Alderman,Thoes and rued by the fallowing vote: Yeast Aldermen Ray., Waningor, Thoes,, Witcher, .Meissner and Ledford. Allays: None. STATE OF TEXAS CaCTM OF 'WICHITA 13 A. L.'`Fittso. City` Clerks of the City of Achita7 Fal7„s, Tess hereby certify that the above and foregoing is a true and corre:at dopy of Excerpt from the mutes of the meeting of the Bawd of Aldermen of the. City 'of Wichita Falls Texass bald on Septe:gber 12, 1960,, as of record on Wage N© '02DS.4 - Kinute= Book Ana. 17m of the City of Wichita Falls., Texas. Wetness my hand and seal of the City of Wichita Falls! Texaso this 14th day of September., 1960-. City Clesrko City of Wichita Falls; Tex