Res Accept security 5/31/1945:.
RESOLUTION
WHEREAS, the City National Bank in Wichita Falls, Texas, Depository
for the City of Wichita Falls, Texas, has deposited in trust with the First
National. Bank in ,Dallas the sum of $600,000.00 U. S. 7/8% Certificate of
Indebtedness, Series No. C-1945 Bonds as security for the account of the
City of Wichita Falls, Texas, as evidenced by First National Bank in Dallas
Certificate No. 28115 dated July 24, 1944, and
WHEREAS, the above described bonds being Nos. 739-744 at $100,000.00
each are maturing June 1, 1945, and
WHEREAS, the City National Bank in Wichita Falls has requested a
release of .the above described bonds maturing June 1, 1445, and
SEAS, the. City National Bank in Wichita Falls agrees to substitute
in lieu thereof $600,000.00 of 0.90% U. S. Treasury Notes Series D-1946 maturing
July 1, 1946,
NOW.9 THEREFORE, BE IT RESOLVED BY TEE BOARD OF ALDERMEN OF THE CITY
OF WICHITA FALLS, TEX. ,
THAT the City Treasurer and the City Clerk be and are hereby authorized
to accept as security for the City of Wichita Falls $600,0DO.00 of 0.90% U. S.
Treasury Notes Series D-1946 due July 1, 1946.,-and surrender 6 U. S. 7/8%
Certificate of Indebtedness Series C -1945 Bonds at $100,000.00 each maturing
June 1, 1945, as evidenced by First National Bank in Dallas Certificate No.
28115 dated July 24, 1914, now on deposit in First National. Bank in Dallas.
PASSED AND APPROVED, this the &day of May, 1945.
STATE OF TEXAS
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
resolution passed and approved by the Board of Aldermen of the City of Wichita
Falls, Texas, on May 31, 1945, as of record in Minute Book No. 14.
Witness my hand and seal of office this the 1st day of June, 1945.
City Clerk, City of Wichita Falls, Tex.