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HomeMy WebLinkAboutResolution - 010842B - First National Bank Authorized To Surrender To CNB U.S. Treasury Bills - 01/08/1942'�!JMDR'A�7 � , OF SEC CI'1-T OF LUBBOCK 1-MSOL'UTI,)N AUTHORIZI:-,TG ;AJ MITIES State of Texas X First Nat ional Bank, Fort �iorth to Lubbock Cotuity Citizens National Bank, Lubbock BE IT iMMINIBERED that at a regular meetin� of the City Commission of the City of Lubbock, Tex,,>sf a quorum beinf,, -recent, it was duly moved by Commissioner Price Iseconded by Commissioner Jdnes and unan mously carried, that the First National Bank, Fo t ,,:'forth, Texas, be and it is hereby authorized and directed to surrender to the Citizens National Bank, Lubbock,, Texas, 5 4110v000-00 )�286871 - 5 incl., 2 91001000.00 ii -169821 - 2 U.S. Treas. Bills dated 5-24-39 due 3-23-39, -vithout interest. 42509000.00 This release is riade because of the fact the City of -L,ubbock has on deposit =!ith the First National Bank, Fort .-orths Texas, ample security to cover City of Lubbock deposits i.-ith the Citizens National Bank, Lubbock, Texas, and to enable said Citizens National Bank to collect said bonds at mnturity. Passed and approved by unanimous vote of the Oity Oom-mission, this 8th day of JanWXT 19420 MiYOTO ARTTLIV �111-1 —7 city Secretary,