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Home My WebLink AboutSecurity-First National Bank - 1955-12-27 i' 1 1 r. a ill� • Ptr PAYIPMG AGE 4CY AGE'01 1f �� oflf� "AssCLERK - E / Socur.t.V*.,. .1,rst d-tio Dante of Los Anne. s ,�, 215, Wcot Sixth S tmet Corporate TrLwt- Depas-l=nt it Los Pngelos 54a f anlifonAa Gentliew.no- The Boar: of Directors pf the fit of IhmtIngton Beacon has heretofore authorited the issuance of bomisi as fdUmd's inoi Doocription Intezvs t Bato ti f $860.1000 Water Bonds, 1955 See Schedule Attached Interest is payable se, nrua3 3r on the first days of Fabn ax T each your � t maturity of the respective be .. s s •e t3? y am payable at the Head Office of SecurIV—First Hational Bmk of Las lkrkgalesa. 4 1,Ye oortfim our agzvment vdth Vou as follom a f l« ca azre hereby appointed Paying Avant of the Uity of MmUngtonz Beach. Water Bonds and your Mead O.Mce is desigmte i as Ache place of psymnt of the bonds cogmw perta:hiing thorotoo :. The CiVi-rill deposit with you not Iwo than tim banking dayo prior to each principal or Interest s te,:,, fwnda ou f°.aeut to meat the maturing p ncipal oft prey % if a iy4 and interast4, Q 'The City V ill pay your fees and oTenses &s such PaA- ri , gent prenptly upon presentation of your bill tb refer in accordance t.; with the schiedule of fees se* forth beloti,e, Goncu ntl'r v1th the deposit of Ainds -aitn you an he ln:oefore ; ti*ielec y the 0:.ty 03r of the �i ► ' . rt you a certificate ohowlzW, the principal anmmmt of ivnds outsaUN.,ndi:ng and the amunt and part'=Ur b ds, jS any$ uhie my to be ivdeermd with the hnAs deposiUd t1w evAth., 5o Tou uhall pwr for tlx,. account of the City =ch bonds and puns presented to ;,you for that purpose in compliance tho terms of the bonds as they matum or other^t isp, becow pay Able. All 'bore and coupow paid by you shall be cancelled atd dolivored to the G-.ty Clerk of tt (4ty 6r The City ulll ccippenzate you for services rondered by you as Vay1ng, Agent Ln aCso rnce #,nth the foroigoitg instruct io s as ,f'c�laoxa�� .r ,k k; 9 AIRL T PaY ericy A ;'»'s3CT k2 , page cqo m'G of Interest.* For each iaterest mtrxxity for each coupon paid of FrincimIt At .�� - 1/8 of �2 the pr mcil, a �x�� of bps paid Vor any services not contetTlated by the Tareg-plgs, a charge, based upon an appmaisal of the responsibl ty and work involvedo x egqal�,gses for}p3ostaf,6 p imar�rnce.,tc Le�a4h,,a,n� d�oa s etc wil iUlon to the Xoregoing Yours Very tiulyv CITY sir Ikb£1��CTTOII DRACTI .i_ 4.1 . LDS k cc�sp��d� Security F-I tional Bunk of Las ArWeles y lQ9vorate i iMU 0111CLI w J. F • December 27, 1955 Re: * Reference ® C-6475 t Security-First National Bank of Los Angeles P. 0. Box 3546, Terminal Annex Los Angeles 54, California ATTN': Marshall Holden w Dear Sir. Holder. , The City -At-orney is reviewing your document reference �e C-6475 and will present the matter to the City Council at the regular meeting to be held on January 3rd for their consideration. ,3 Very truly yours, J. L. Henricksen, City Clerk J LH:gg f � � a 40 URIC FIRST NAMNAL BANK OFILOsANGEUS SAVINGS COMMERCIAL TRUST HEAD OFFICE OF TRUST DEPARTMENT SIXTH AND -SPRING STREETS MAILING ADDRESS: P.O.BOX 3546,TERMINAL ANNEX CORPORATE TRUST DIVISION Los ANGELES,CALWORNIA LOS ANGELES 54.CALIFORNIA i-( December 23, 1955 Reference: C-6 75 c:,5 Y.:a [i,R J. D. Hendrickson, City Clerk City of Huntington Beach Huntington Beach., California Dear Mr. Hendrickson: •_} fe are sti'l awaiting receipt of he documents requested in our letter of August 18, 1955: rrlativig to our duties as Paying Agent of bonds and coupons of f b_e 6i. ofx+Zuia'i`r> ton Beach. We understand that is vaur desire I�16-t ft, ds be made available through our Huntington Bea,.;a Brancl- for the payment of any coupons which might be preseirtee'£ directly to :,I :xr 11-is of course can be worked out but we v ald require that �.i the monies to meet each particular maturity be deposited id.K2 us here in the Trust ' f Department. WM you please arrange to supply tl�e necessary showings requested in connection with our appointment so tl�a.t we r-.1y, be prepared and properly set up before your first c,3tp n natures. Yours ve'�l piny, Marshall Holden Corporate Trust Officer MRI:gm ".t*^—...,�p jJ f '.£ .. 1 W \f'LOS�i SE CURITY-FIRST NATIONAL BANK OF Dos ANGELES SAVINGS COMMERCIAL TRUST HEAD OFFICE OF TRUST DEPARTMEW SIXTH AND SPRING STREETS Los ANGELES 54, CALIFORNIA August 18, 1-955 Reference: C-6475 Mr. J. L. Hendrickson City Clerk City of Huntington Beach Huntington Beach, California Dear Mr. Hendrickson: We understand that this Bank was designated Paying Agent for both the payment of principal and interest on the Water Bonds recent-!-,--,r is s'� C s+ _ _, ed by the �uyy �� H untii, ngton Beach® We enclose three copies of a proposed form of Paying Agency Agreement which we should like to have signed by the proper officers of the -City., est'blishing this appointment. Two executed copies of the instrument should be sent to us so that we may indicate our acceptance on one and return it to you. If you have any changes to suggest will you please com- municate with the undersigned. There should also accompany this Agreement a spec:h-an bond with signatures of the officers of the City who signed them. t We understand that the bonds .nature serially and at varying interest rats. Will you please furnish u.e, with a schedule showing the serial numbers of the bonds, maturity dates and U interest rates. Yours ve ya Marsb. 11 Holden. Corporate Trust Officer MH:gm Encl.