Res 254 3/22/1954RFS OLUTI
ON NO
WHF,�., the City National Bank in Wichita Falls., Texass Depository of the
City of Wichita Falls, Texas., has deposited in trust with the First National Bank
in Dallas the sum of i�500,000.00 in U.S. 2 -7/8p Treasury Notes., Series A 1957, .
due.3-15 -57 Nose 922/926., at 100M ea., X1,500 .,OC?�00
and,
WHERM., the City National Bank of Wichita Falls., Texas., has requested
release of the above described Treasury Notes, and
WHERM, the City National Bank of Wichita Fa1lsj,,Texaas., agrees to
substitute in lieu thereof the following:
U. S. 2-41% Tr. Bonds of 6 -15- 59/62, in amount of 300 .-
U. S. 2 -3/8% Tr. Bonds due 6- 15 -58, in amount of 1� .10 x.00
aggregating the sum of 0 1.,500.,000.00
NCW, 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 f City of Wichita 000.00
Falls, Texas .,. $300P000•00 U+S • 214% Treasury Bonds of 6-15-59/62., .,
U.S'. 2-3/8 %.Treasury Bonds dur 6- 15 -.58, and surrender the above described Treasury
Notes:. Certi.iicate Nb*e . No.. 50899, aggregating the sure of $1 .,500 .,000.00 now on
deposit with the First National Bank in Dallas.
PASSED AND APPROVED this the day of March., 1954*
Mayor- �-- _--- --
INS
-)t-
S TATE OF TEXAS
COUNTY OF 'WICHITA. �
11 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. -� , passed and approved by the Board of Aldermen of the City of Wichita Falls
on March 22., 1954•
Witness my hand and seal of the City of Wichita Falls., T as, this 23rd day
of March,, 1954.