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Res 289 2/13/1956RESOLUTION NO. 289 WHEREAS, the City National Bank in Wichita Falls, Texas., has deposited in trust with the First National Bank in Dallas the sum of 53002000.00 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 Certificates Nos 5.688 and 56136, as hereinafter set forth: Cert. No. 516885 dated 11- 18 -54, 2 1/2% U.S. Treasury Bonds of 1956 -58, due 3- 15 -5g, No. 23074 @ 100M 100,000.00 Cert. No. 56136, dated 2- 17- -55, 2 1 /4% U.S. Treasury Bonds of 1959 -62, due 2- 15 -b2, Nos 39886/39887 @.100M ea 200,000,00 and MEREIAS, the City National Bank in Wichita Falls, Texas, has requested release of the above described U.S. Treasury Bonds, and MEREAS, the City National. Bank in Wichita Falls, Texas, agrees to substitute in lieu thereof $300,000.00 2 1/8% U.S. Treasury Bonds, due 11- 15 -60; NOW, THEREFORE, BE IT RESOLVED BY TIC BOARD OF ALDERiIIEN OF THE CITY OF T;,IICHITA FALLS, TEXAS: THAT the City Clerk of the City of Wichita Falls, Texas, be and he is hereby authorized and empowered to accept as security for the City of Wichita Falls, Texas, 3300,000.00 2 1/0 U.S. Treasury Bonds, due 11 -15 -60 and surrender the above described bonds as evidenced by First National. Bank in Dallas Certificates Nos. 54688 and 56136 aggregating the sum of X300,000.00, now on deposit vrith the First National Bank in Dallas, PASSED aTD APPROVED THIS the 13 day of February , 1956. Mayor = City Clerk Wichita Falls, Texas Memorial Auditorium Bldg, February 13, 1956 The Board of Aldermen of the City of Wichita Falls, Texas, met in regular session on the above date, at 8:00 o'clock P.T. in the Council Room of the Memorial Auditorium Bldg., with the following members present: Lloyd C. Thomas Mayor Roy C. Hyatt Q W. E. (Bill) Reichmuth Jack G. Banner Aldermen Dr. E. Aubrey Cox � Elie E. Lam Gene Liepold Geo, T. Henderson City Clerk H. A. Thomason City Manager J. -Nalter Friberg City Attorney Among other proceedings, the following was had: Moved by Alden -aan Cox that Resolution No. 289 be and the same is hereby adopted and approved as read. Motion. seconded by Alderman Liepold and carried by the follokring vote: Yeas: Aldermen Hyatt, Reichmuth, Banner, Cox, Lam and Liepold. Nays: None, STATE OF T' COUNTY OF WICHITA � I, Geo. T. Henderson, City Clerk of the City of Wichita Falls, Texas, hereby certify that the above and foregoing is a true and correct copy of Excerpt from the Minutes of the meeting of the Board of Aldermen of the City of Wichita Falls, Texas, held on Feb, 13, 1956, as of record on Page No. 660 Minute Book No. 15, of the City of Wichita Falls, Texas. 1,litness my hand and seal of the City of Wichi4 Falls, Texas, this 14th day of iF0• City Clerk, .0 ael- ichita Falls, Texas