5 of 1932 - A resolution authorizing the City Treasurer to destroy Bonds Nos. 6 and 7 of the Series of January 1 , .
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REMARKS:
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• `, Resolution NO. .
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ity Commissioner Mar CUB :1
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1 Authorizing the City Treastzrr';
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1,, of the Series of jan. 15, 1932,1
payable Jan. 15, 1933 and
bearing interest at the rate of1c,
i 6% per annum. '' •
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i' Presented to sle Board of Gommkikur. •
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1-E.8 a 8 1932
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Finch
I move that the resolution be ado
Keyser //7
Knight
Lake
Mr.Chairman - - -
Result RESOLUTION
WHEREAS, on January 28, 1932, the Board of Commissioners
by reasolution authorized the borrowing of il,000,000.00 and the
issuance of sixty (60) bonds representative thereof, said bonds
numbered from one (1) to eight (8) inclusive, in the denomination
of $50,000.00 each; and
WHEREAS, bonds numbered six (6) and seven (7) have not
been sold and are on hand and in the possession of the City Treasurer;
and
WHEREAS, it is the desire and intention of the Board of
Commissioners to retire and cancel said bonds.
NOW, THEREFORE, BE IT RESOLVED that bonds numbered six
(6) and seven (7), 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 reference to their destruction.
It is necessary in the opinion of the Board of Commission-
ers 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 e _ect7 pon its adoption.
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Adopted by the Board of Commiss' ers of Salt Lake City,
Utah, this _/j ay of _ � �-__—, ,3i,//
_.L.��'i?1S_JL fNfi ) Mayor.
City Recorder.