Res 247 1/11/1954r
RESOLUTION NO.
WHEREAS, the City National Bank in Wichita Falls, Texas, Depository of the
City of Wichita Falls, Texas, has deposited intrust with the First National
Bank in Dallas the sum of $1,500,000.00 in U. S. Treasury Bonds and Notes, as
security for the account of the City of Wichita Falls, as evidenced by the First
National Bank in Dallas Certificate Nos. 48613 and 46847, as hereinafter set forth:
Certificate No. 46847, dated September 15, 1952, U. S. 1 1/2,%
Treasury Notes, Series A-1955, due 3115155, Nos. 34634/34638
at 100 M each $500,000.00
Certificate No. 48613, dated April 23, 1953, U. S. 2% Treasury
Bonds of 1952 -54, due 6/15,54, 56100/56109 G 100 M each 1,000,000.00
and,
W19MEAS, the City National Bank in Wichita Falls, Texas, has requested
release of the above described Treasury Notes and Bonds, and,
MTEREA.S, the City National Bank in Wichita Falls, Texas, agrees to substi-
tute in lieu thereof $1,500.,000.00,U. S. Treasury 2 7/8% Notes due march 15, 1957;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF
WICHITA FALLS, TEXAS: That
The City Treasurer and the City Clerk of the City of Wichita Falls, Texas,
be and they are hereby authorized to accept as security for the City of Wichita
Falls, Texas, $1,500,000.00 2 7/8¢ U. S. Treasury Notes, due March 15, 1957, and
surrender the above described notes and bonds, Certificate Nos. L6847 and
48613, aggregating the sum of $1,500,000.00 now on dept with the First
National Bank in Dallas..
PASSED AND APPROVED this the 11th day of January, 1954•
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STATE OF TEXAS 0
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COUNTY OF WICHITA 0
I, Geo. T. Henderson, City Clerk of the City of Wichita Falls, Texas, do
hereby certify that the above and foregoing is a true and correct copy of
Resolution No. 247, passed and approved by the Board of Aldermen of the City of
Wichita Falls, Texas.
Witness my hand and seal of the City of Wichita Falls, Texas, this 12th
day of January, 19S4.