511 RES LIBERTY NATIONAL BANK IN PARIS HAS BEEN SELECTED AS DEPOSITORY FOR ALL FUNDS OF COP~
':esolut~on ]:o. 511
i. ~~c Liberty 1'ational '.m~c in ie_~as, i:as Yreto=ore
~ r
g- i •y,, ~i
been selected as thc denositor7r ior all "_urz~.ts o:' t:.e --~-1 U~, o.~ i zc, ie_:as.,
arld iias claalified ir. accordanee v~ri t=i tyie ~?roti~isio:~s of' t.rticle 20 of
the rLuvised Ci-q4l ,_)t~~tutes o-n tne L)ta':.e of Te7=as ove-rnlng de?ositories
o~' cit,~ funds by ~,ledrrirlg certain securities of ;e ap-nrol:irn~te value
of r>135,uCQo00 ~,-th saia (~itTr in lieu of iur:~isiiinr; _?ersonal 'oo:~ds or
surety i~oncis; and ~
";C~; ~tI:;AS, ti~e Cit;• o`' Paris has rec,.ntl;Yr sold its ater and ~~e~~er
:CMprovemer.t and Lxtension i"evenue '.jonas) , LC_'ries 1952, and t-ie p-roceeds of
suc:i sale in the total sun of :')573,362•69 has been received and deliveNed
to said depository bank for denosit to the a.ccount oi saic:. City" ard by
reason t'.iereof the eity ilunc,s on deposit in t;ie c:iepositor},,r bank 'r.av:, in-
creased beyozld the value and arzount o- securit-les t'r.cl•etoforc pled,7ed,
and said depository b:-Ink, in accordance v:ith the terms ana ?)rovisior.s of
rticle 2560 of the i-,evised :;ivil ;;t.t :tes of t}-1e 6tate of Texas, has
nled?ecz aciditinnal securities -with t~~:e -overnin- 'ood- oi' ::aid Cit;,T so that
rian the
~
t:,,: seci.trit.Lc;s ,)led?;ed s~!all at no tin o',: u tiaiUC 1ess t'
total amount oi city "unds on aeposit in the depository bant, whic.l ad-.i-
tional securities are described in plear;e :_.re::ment ,:ated Febrizar;;r 23,
1952, executed b;;r said de-y-~ositor~T ba:-L, anu are as ollo-as;
Treasur~.r ~:ote,
:
~eries z
I
i
~
i;5
5
1i5c
1:1 o
1~;`'
~1~13
;r1-`~9?
par `,~10U,000.00
„ 1009000.00
aLe,
irewsur,r, i
te
i~
es
~
er
~eries A
,
ly>5
1-Y,9
;'1993
" 100,000.00
T?.
5
i;
,
o
Treasur7
'iEeasurr Iote,
S eriew A
1957
1T;4
i3i?
}
~
.
.
S
- Ivote,
reastir;
Se~.es 3
1?'~~
~
o
1-3/~~,
" 100
000.G0
.
.
T;,
,
'~ote,
Treasur`
;~erics
19'~5
L-3/Z~" ;~31~1
100,000.00
'1"ot al ''600 ~ 000 . 00
T_r
Ty,y ..,_~)L . ~ ~ , _ - - •
~
`y'}:~:,-t {"i"'_C u".t70`dE Z15fiE.-'C SLC'.lI'1f.12S U° :IT1J1 ~i:1P,~ "'•.~'G' ~.',7DtOV8(~ 2.3
to kmnd wid value anu ir, accoi•daiice tirith t'._e requ::st oi the said depositor',;
~Jc.~.I71C S lC;l'_ :>E.'CU.T'1ti1.ES S-!2.1.} -E ~tePO:~l uE(~ lYl ~':1C: -'1T'st i:~zulOIIc~l 5•):7ii 1:1 1:15,
as, a~lc:i kept an~~ t_eld b;,T saia u~:.nk subject to tnterms and proti'isio.ls
ic-,.
~f the r,1e~' ;e a';rcer~ert ci«~cd ;~ebr~ia.r~r 23, e~-ecated b~,~ Tt~e Libert~v
-lanh in Paris, ie:__as, uriti1 :>a,-_e are relFascd by t::e :;overninG
od%• o;.' tiie ~it;;~ oi =a:•is, le:~as.
PA a=1_!) „'V `l' iE ,-i-T`," tui,_c -it~ o~ ,za.Yis, 1'el:as, irl s?~ecial
r;:eetin- this t'rie 3 oia.-~;' of Mar.ch 1952•
_
'
?;.a~ror
AT'i:.~.;1.
Git-,~ Clerk ~