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HomeMy WebLinkAbout1917-10-22 I. i City Hall . Huntington Beach, Cal --I �— Oct 8 , 1917 . Regular. �i{ - Roll call . - --- Adj . Reg . Meeting adjourned from October 1st , 1917 . -- �� - -- Adjourned . No quorum and meeting adjourned by the President of - Minutes app Officers iL__ _____ the Board. - - Reports . City Clerk. F rench make I�- --- Cit Hall 7_ . I appeal Y , Huntington Beach , Cal . for Viand October 22 , 1917 Director , Called meeting , Special Meeting called by President Tarbox, Engr of Po -- , e I communicate Roll call Trustees present Tarbox, Huston, Vavra , Decker, Chapin. -- I re/ Main St Object . Object of meeting as statdd in call was for the purpose entrance to of investing some of the city's money in Liberty Bonds . ` - - i Pier. Trustee Chapin proposed the following Resolution: Cit Att adopted . Resolution No . 519 . 'Whereas it is the desire of the i Y Y `-------� ----- Authorizing city of Huntington Beach to purchase t"5000.00 of the United renders purchase States Government 10-25 year 4% Bonds , 2nd Liberty Loan of 19Y7 _ Opinion. y5,000.00 in denomination of $1 ,000.00 each, coupon bonds; and _ Funds L iberty Whereas , said bonds have not yet been issued and in order �- - - Transf err, { Bonds . to obtain the same it is necessary to make subscription there® for; Now therefore be it resolve cZ ; -- V " That the First Natl Bank of Huntington Beach is hereby +- authorized and:_-dIredtbd* to subscribe on behalf of the city of -- - Huntington Beach for $5 ,000.00 of the United States 060 n® -- merit° 10-25 year 4% Gold Bonds 2nd Liberty Loan of 1917 _ din -- - Demands denominations of $1 ,000.00 each, coupon bonds 'and'.hpon de- allawa..d . -- livery of said Bonds to the city of Hunj_f.noon Beach said city wi,11 p4y par and accrued interest t'o;:.., date of delivery there f rotn the funds contained. in the General Fund . _ And it was moved by Trustee Vavra, seconded by Trustee Chapin that the resolution be, adopted and it thereupon passed _. and adopted by the following vote; — Ayes , Trustees Decker, Vavra, Huston, Chapin , Tarbox. Noes ., None . ---- Absent , None . ----.____ Adjourned., � � - -_ � There being no further business to be transacted under � this call the Board adjourned. Approved. City Clerk President of theard o Bo Trustees / of the city of ^Huntington Beach California. Att<est . � __--� City Clerk an c� ex®off icio Clerk of the Board of Trustees of the - - - City of Huntington Reach . Cal . - Cotmnitt ee o Oil Kett l - i Approved . XJ �V President ,O