Res 300 8/10/1956RESOLUTION NO. c C' p
WHEREAS, the City National Bank in Wichita Falls, Texas., has deposited
in trust ti,rith the First National Bank in Dallas the sum of $600,000, in U.S.
Treasury Bonds and U.S. Treasury Notes as security for the account of the City of
Wichita Falls, Texas, as evidenced by First National Bank in Dallas Certificates
Nos. 53082 and 61488, as hereinafter set forth:
Cert. No. 53082, dated 7- 15 -54+ U.S. 1 7/8% Treasury Notes; Serial A -1959,
due 2 -15 -59 Nos. 2597%2599 @ 100M ea $300,000.00
Cert. No„ 61488, dated 2- 10 -56, U.S. 2 1/ Treasury Bonds of 1960,
due 11- 15-6x, Nos. 1162/1161 9 100M ea 0,0,000.00
00,000.00
and
WHEREAS, the City National Bank in Wichita Falls, Texas. has requested
release of the above described Treasury Bonds and Treasury dotes; and
WHERUAS, it appears that sufficient securities have been pledged by the
City National Bank in Wichita Falls, Texas, with the First National Bank in Dallas
to secure the deposits of the City of Wichita Falls, Texas;
NCW, THEREFORE., FEE IT RESOLVED BY THE BOARD OF ALDERYM OF THE CITY OF
110EITA FALLS, TEXAS;
THAT the City Clerk of the City of Wichita Falls, Texas, be and he is
hereby authorized to surrender the above described Treasury Bonds and Treasury
Notes aw evidenced by Certificates Nos. 53082 and 61 .88, aggregating the sum of
$600,000, now on deposit with the First National Bank in Dallas.
PASSED AND APPROVED this the ce- day of , 1956.
A/9-
y r of the ity of Wichita Falls
T exas
ATTEST:
ty