HomeMy WebLinkAboutResolution - 032344A - Release Of U.S. Treasury Certificates & Treasury Bills - Citizens National Bank - 03/23/19443 ")3 . �-
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RESOLUTION
BE IT REMEMBERED that at a Regular 141eeting of the City Commission,
a quorum being present, upon motion by 0ommissioner J.C. Jones,
seconded by Commissioner Hub Jones, carried unanimously, the following
Resolution was adopted.
WHEREAS, the Citizens National Bank of Lubbock, Texas, has placed with
the First National Bank of Fort Korth, Texas, Securities for the
purpose of covering deposits of the City of Lubbock with such depository,
part of the said securities being
:1001000.00 139330 U.S. Treasury Bill -
dated Jan. 6, 1944, due and payable April 6, 1944
and,
VMREAS, the said Citizens National Bank desires to cash the above Bill
at maturity and to substitute therefor
1 - 41001000.00 7/8�/o U.S. Treasury Certificates of Indebtedness
Series B 1945 maturing April 1, 1945
TITEREFORE, be it resolved by the City Commission of the City of Lubbock,
Texas, thE<t the City of Lubbock, Texas, does hereby accept the
4100,000.00 7/8% Treasury Certificates and authorizes the release of the
4100,000.00 U.S. Treasury Bill.
Passed and approved this the 23rd day of March ��44.
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