Loading...
Res Release securities 3/11/1946RESOLUTION V.IFREAS, the City National Bank in Wichita Falls, Texas, Depository for the City of Elichita Falls, Texas, has deposited in trust with the First National Bank in Dallas the following described securities aggregating the sum of $635,200.00 as evidenced by the First National Bank in Dallas Certificates hereinafter described: Certificate #20771, dated 10- 8 -40, U.S. 2,% Treas Bonds trust with the First National Bank in Dallas of 1953 --55, maturing 6- 15 --55, Falls the following described securities aggregating the sure. Nos. 6378J/6392B @ $10,000 ea US. C $150,000.00 Certificate X21534, dated 3- 24 -41, U.S. 2 3/4% Treas U.S. C of its, Series. C- 1.94.7, due 3- 1--47 Bonds of 1960 -65, due 12 -15 -65 U.S. C of I=.s, Series J- 1946, due 11 -1 -1.16 No. 2B $500 County, Texas, 2,% Road Refunding Bonds due serially No. 564278 100 600.00 Certificate #21531, dated 3- 24--41, U.S. 2% Treas Bonds Total of 1948 -50, due 12 -15 -50 No. 620L $10,000 No. 2530 5,000 Nos. 1545E/1550L @ $100 ea 600 15,600.00 Certificate #215321 dated 3- 24 -41, U.S. 21% Treas Bonds of 1954 -56, due 6- 15--56 No. 1010L/1012 B G $10,000 ea $30,000 No. 543C, 544 D @ $5,000 ea 103000 No. 2940L _ 14000 41,000,00 Certificate #32106, dated 1- 17-46, U.S. 2% Treas Bonds of 1949 -51, due 12 -15 -51 No. 1087H, 1088) rP' $100,000 ea $2002000 No. 48582B/48602B,@ $10,000 ea 210,000 No. 19924D, 19751A.@ $5,000 ea 101000 No. 42660L/42666F, 42323C @ $1,000 ea 8,000 428 000.00 Total $635,200.00 AND ihE'REAS, the City National Bank has requested release of the above described securities, and AND WTi=AS, there remains in trust with the First National Bank in Dallas, sufficient securities to secure the deposits of the City of 1'uichita Falls, 17a%T, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF F;ICHITA FALLS, u s, THAT the City Clerk be and he is hereby authorized to release $635,200 securities held in trust by the First National Bank in Dallas and to accept $555,000 securities as above described to be held in trust by the First National Bank in Dallas. PASSED AND APPROVED this the //_ day of March 1946. ATTES j 1ayor City Clerk WHEREAS, the City National Bank agrees to place in trust with the First National Bank in Dallas to secure the deposits of the City of .,'V'ichita Falls the following described securities aggregating the sure. of $555,000.00. US. C of Its, Series K -1946, due 12 -1 -46 140,000.00 U.S. C of its, Series. C- 1.94.7, due 3- 1--47 320,000.00 U.S. C of I=.s, Series J- 1946, due 11 -1 -1.16 30,000.00 Archer County, Texas, 2,% Road Refunding Bonds due serially from 7 -1 -46 to 7 -1 -51 _ 65,000.02 Total $555,000.00 AND WTi=AS, there remains in trust with the First National Bank in Dallas, sufficient securities to secure the deposits of the City of 1'uichita Falls, 17a%T, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF F;ICHITA FALLS, u s, THAT the City Clerk be and he is hereby authorized to release $635,200 securities held in trust by the First National Bank in Dallas and to accept $555,000 securities as above described to be held in trust by the First National Bank in Dallas. PASSED AND APPROVED this the //_ day of March 1946. ATTES j 1ayor City Clerk