HomeMy WebLinkAboutResolution - 121036A - Confirmation Of Contract - Warrants To Be Held In Escrow - 12/10/1936RESOLUi IOIJ.
121030A
'If',2E,'LS it appears that actin; under a given order of the City Cori-
riission made Septeriber 6, 1935, Iiinute Book 5, Page 142, I,lolli e
D. Abernathy and her husband, the Texas Land and,ortgage CoriPany
and 7J.H. Rodgers, as City I.ianager of this City nade an agreerlent
on October 15, 1935, whereb7r 'Tarrant s Numbers 23, 24 and 25, the
first two bei-,< each for X1,000.00 and the last for 0945.00, 'were
to be held in escrow by this City which assured same to guarantee
against the attachment lien of R.E. Stevenson, as Receiver; and
71HEREAS, said three Warrants were issued by this 6ity and are
now held to abide the litilgation between said Receiver and
11ollie D. Abernathy, and «sill continue to be so held; and
'HEREA,S, it appears that this Coruaission never entered an order
ratifying said Contract.
TIIM-I'FORE, be it knoim that this pity does hereby fully ratify
and confirm said Contract and admits holding said three �larrants
to abide the final result of said litigation.
This 10th day of Dec., 1936. ---7 /'
I;iayo r
A est
City :secretary.
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