28 of 1932 - A resolution directing the City Treasurer by cremation, to destroy Bonds Nos. 53 and 54, Series of J REMARKS:
Resolution No. 28
Marcus
By Commissioner
Directing the City Treasurer
by cremation,
to destroYbonds Nos. 53 and
54, Series of :Tan. 15, 1932,-
bearing_inteTest at the rate of4
6% per annum.
PRrorted to the Board Gommissioners
AND PASSED
i'.1AY 2 4 19,32
,/•
oyrirRuouitotia
Finch Mr."
I move that the resolution be adopte
Keyser
Knight /
Lake �!{
Mr.Chairman - - -
Result RESOLUTION
WHEREAS, on January 28, 1932, the Board of Commissioners
by resolution authorized the borrowing of $1,000,000.00 and the is-
suance of sixty (60) bonds representative thereof, said bondsnumbered
fifty-three (53) and fifty-four (54) being in the denomination of
$5,000.00 each; and
WHEREAS, said bonds numbered fifty-three (53) and fifty-
four (54) have not been sold and are on hand in the possession of the
City Treasurer; and
WHEREAS, it is the desire and intention of the Board of Com-
missioners to retire and cancel said bonds.
NOW, THEREFORE, BE IT RESOLVED that bonds numbered fifty-three
(53) and fifty-four (54), bearing interest at the rate of six per cent
per annum of the Series of January 15, 1932, payable January 15, 1933,
be and the same hereby are cancelled and retired and the City Treasurer
is hereby directed to destroy said bonds by cremation in the presence
of the Board of Commissioners and report in writing his action with re-
ference to their destruction.
It is necessary in the opinion of the Board of Commissioners
for the peace, health and safety of the inhabitants of Salt Lake City,
Utah, that this resolution take effect upon its passage.
This resolution shall take effe on its adoption.
Adopted . the Board of Commissionr� of Salt Lake City, Utah,
this day of II , , 1932.
Mayor.
City -ecorder.