Min 07/03/1947 389
Wichitta Falls, Texas
Memorial Auditorium
July 3, 1947
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The Board of Aldermen of the City of Wichita Falls, Texas, met in called
session on the above date at 11-30 o'clock A. M. in the Council Room in the Memorial
Auditorium, with the following members present:
W. B. Hamilton, Mayor
C. A. Spragins,
K. C. Spell, Aldermen
A. Jay Eastham,
i '-�. D. Fairtrace, City Manager
T. A. Hicks, City Attorney
Geo. T. Henderson, City Clerk
Mayor W. B. Hamilton announced the purpose of this meeting to be considera-
tion of the application of Glen W. Krottinger to purchase the Yellow Cab Company.
110ved by Aldermen Ea.stham that the Board of Aldermen hold a Public Bearing
Monday, July 7th, 1947, at 7-30 P.M. on the Application of Glen W. Krottinger to
purchase the Yellow Cab Company and transfer of Certificate of Public Necessity
and Convenience from the Yellow Cab Company to said Glen W. Korttinger.
Motion seconded by Alderman Spell and carried.
RESOLUTION NO. 7
WEEHHEAS, the First National Bank of Wichita Falls, Wichita Falls, Texas,
is a special depositor for funds of the City of Wichita Falls, and has deposited
in trust with the First National Bank in Dallas to secure deposits of the srid
City of Wichita Falls, Wichita Falls, Texas, the following; securities aggregating
the sum of $990,000.00 as evidenced by the First National Bank in Dallas certificates
as here-in-after set forth:
Certificate No. 2794C1 dated 7-5-44, 2% C.S. Treasury Bonds
of 1951-53, due 9-15-53,
Nos. 19908J Lb 100M ea $100,000.00
hos. 116332B/116338J @ 1M ea 7,000.CO
Certificate No. 27791, dated 6-17-44, 2% C.S. Treasury Bonds
of 1951-53, due 9-15-53,
Nos. 1.99COL/19907H Ow 10CM ea 800,000.00
Nos. 631423C/301, �. 1011 ea 80 OCO.00
Nos. 115329K/31A a 1M ea 3,000.00
Total 9903000.00
AND, 'oNEiLAS, the First National. Bank of Wic;14.ta Falls, Wichita Falls,
Texas, has requested release of the above described securities, and
tIH&f ,IIAS, the City of Wichita Falls funds have been withdrawn from the
First National Bank of Wichita Falls, Texas,
r,OW, THh'REYCRE, BE IT R:�SQLVED BY THE BOARD CF ALDEM1,24 OF THE CITY OF
ICI:.I'T A FALLS, TEXAS,
That the City Clerk be and he is hereby authorized and directed to
release to the First National Bank of 1lic` ita Falls, Wichita Falls, Texas, the
above described securities a gregatin�- the sin of 99C,000.00 held in trust
by the First "National Bank in Dallas.
PA33ED IZND L'PRCVED this the 3rd day of July, 1917.
EXECUTED BY THE MAYOR ATN" D ATTi STED BY TH,' CITY CLERK this the 3rd day
of July, 1947.
390
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Moved by Alderman Sprains that the above and foregoing Resolution be
adopted and passed as read.
!-lotion seconded by Alderman Eastham and carried by the follolring
vote:
Yeas: Aldermen Spragins, Spell, Eastham and Mayor Hamilton.
Nays: None.
Moved by Alderman Eastham that the meeting be adjourned.
.Motion seconded by Alderman Spell End carried.
The Board of Aldermen than adjourned.
RSAD AND L-'F OVED this the 14th day of July, 1947.
ATTEST:
City Clerk
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