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A'O'l'BORIZIIG CI'!'Y TDASURD 'fO DIIPCJU
OP BCURITIB:s AID .&CQVID DV DcmtI!ID
• • • • •
VDDAI, the C1t7 ot Palo Alto now hold• $150,000.00 taco value ot U. s. T:r.&•\U'J Cert1t1cate• ot Ind•btec!De••~
Seri•• A ot 19-5, due Pebru&l'J' l, 19~; and,
VBBRD8, upon p&JIUtDt bJ' ill• United Stat•• OoY•rDMmt ot the taoe value of aa1d oertitlcate1 the C1t7 'l're&aUPer will
have 1n hi• P0•••••1on tl50,.ooo.oo caah vhiob abould b• 11L-vo1ted 1n other aeouritiea; and,
VKBUAS, 1t 1• cutm&l'J' tor th• U., 8. fre&•Ul'J to otter nev aecur1t1•• 111 e3aJ\9nge tor tbome coa1ng due;
JfOV, 'fBIRD'OD 11 th• Council ot the Ci t7 ot Palo .Al to DO RBSOLV. as tollova:
'l'h&t v. C. Cobb, C1t7 Treaaurer, be and he 1• herebJ'
authorized to deliver tor re4•pt1on bJ' tu v. s. !r••urJ',
$150.11000.00 tan Y&lwt ot v. s. 1'r••v.rr Co1'tit1.cate1 ot
IDdebted.ue•, Serie• A ot 19.\5; due ••bru&PJ 1, 19'5, aDd to re ... aveat Aid nm41 10 received bJ' h1a 11\ oert1t1oatea or a
•1111lar ol••• 1••-4 bJ the tJ. s. 'lN&IUl"f Departllent to t&lce
the pla~e ot tho•• l"ede....S.
The aboTe and tore101Da reaolutlon vaa dul7 and
regularl7 1Jltroduoed ud paaa-4 bl' the Couno1l ot the Cit7 or
Palo Alto at a regular aeeti.Dg held on Jlonda7, the 8th daJ ot
January, 19\5·, bJ' the tollow1ng Tote:
AYBS:
lfOBS:
Bentrott, Bloia Bowden, Caahel, Corniah, Preedllan,. Linder,
•rner.. 111 tcb.eli, Morten, lUobal'd1, Southwood, Tho1 ta,
'l'hmaa.
lfone.
ABSKM'i Vood.
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