Res Substitute securities 3/29/1945RESOLUTION NO.
A RESOLUTION AUTHORIZING THE FIRST NATIONAL BANK OF WICHITA
FALLS, WICHITA FALLS, TEXAS, TO SUBSTITUTE UNITED STATES TREASURY
TICKETS OF INDEBTEDNESS IN THE AGGREGATE SUM OF $335,000.00, MATURING
.APRIL.1, 19460 FOR A LIKE SUM OE TREASURY CERTIFICATES OF INDEBTEDNESS
NOW ON DEPOSIT WITH THE FIRST NATIONAL BANK OF DALLAS, TEXAS, WHICH
MATURE ON APRIL 11 1945.
WHEREAS, THE FIRST NATIONAL BANK OF WICHITA FALLS, WICHITA
FALLS, TEXAS, IS .A SPECIAL DEPOSITORY. FOR FUNDS OF THE CITY OF WICHITA
FALLS, TE.LU, AND TO SECURE SUCH DEPOSITS AND IN ' LIEU OF THE DEPOSIT-
ORY BOND HAS DEPOSITED WITH THE FIRST NATIONAL. BANK OF DALLAS, TEXAS,
AMONG OTHER SECURITIES UNITED STATES TREASURY. CERTIFICATES OF INDEBT-
EDNESS, SERIES 1945, NOS. 27938 and 27939 IN THE SMfi OF $335,000.00;
BEARING 7%8% AND INURING .APRIL 1, 1945; AND
WHEREAS, THE SAID THE FIRST ST NATIONAL BANK OF WICHITA FALLS,
WICHITA .FALLS, TEXAS, HAS REQUESTED TEL BOARD. OF ALDERMEN TO $UTH -- .
ORIZE IT TO WITHDRAW SUCH TREASURY CERTIFICATES OF INDEBTEDNESS AND
TO SUBSTITUTE THEREFOR AND DEPOSIT IN LIEU THEREOF A LIKE SUM OF
TREASURY. CERTIFICATES OF INDEBTEDNESS MATURING .APRIL 1, 1946.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN
OF THE CITY' OF WICHITA FALLS, TEXAS:
That the First National Bank of Wichita Falls, Wichita
Falls, Texas, is authorized to withdraw United States Treasury
Certificates Nos. 27938 and 27939 in the aggregate sum of $335,000.00,
maturing April 1, 1945, after it has deposited with the said The First
National Bank of Dallas, Texas, United States Treasury Certificates
of Indebtedness, Series 1946, maturing .April. 10 1946, of'equal value
to the Certificates so withdrawn from the said The First National
Bank of Dallas, Texas,
PASSED AND APPROVED this :day of
19 45 .
MAYOR.
ATTEST:
CITY CLERK.