HomeMy WebLinkAboutRES 246 XX'4�4 X X
A R E S 0 L U T I 0 N
WHEREAS, The City of Beaumont and The American
National Bank of Beaumont, Texas, entered into
a contract dated July 1, 1969, whereby it was
provided that the said American National Bank
of Beaumont would pledge with the City Council
of The City of Beaumont certain securities in
lieu of giving bond as City Depository; and,
WHEREAS, The American National Bank wishes to
withdraw $110,000.00,.22% U. S. Treasury Bonds
of 1967-72 due 9-15-72, held under receipt
#57353; and,
WHEREAS, the securities still remaining on de-
posit are ample and sufficient to protect the
deposits of the said The City of Beaumont,
Texas;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL
OF THE CITY OF BEAUMONT:
That The American National Bank of Beaumont be permitted to
withdraw the securities above described from the Federal
Reserve Bank of Dallas and a certified copy of this Resolution
shall constitute evidence of the authority of The American
National Bank of Beaumont, Texas, to make said withdrawal.
1969.
PASSED by the City Council this -23rd day of September,
- Mayor -