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FRIIS SCHUTZ
ATTORKETS AT LAT
402.404 MAKK OF AMERICA RAG.
ANAHEIM, CALIFORNIA
TELEFHanE 3456
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RESOLUTION NO. 1312
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM PROVIDING
FOR THE PURCHASE OF CERTAIN WAR SAVINGS BONDS WITH MONIES FROM THE
CAPITAL OUTLAYS FUND
WHEREAS, the City Council of the City of Anaheim finds
and determines that said City of Anaheim has surplus money in its
Capital Outlays Fund in the amount of Seventy -four Thousand
(04,000.00) Dollars, which is not required for the immediate
necessities of said City; and
WHEREAS, said City Council finds and determines that it
will be for the best interests of said City to invest said surplus
money in War Savings Bonds offered for sale by the government of
the United States of America;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF ANAHEIM:
1. That the City of Anaheim forthwith purchase United
States War savings Bonds known and designated as Series F -1942
with a total maturity value of One Hundred Thousand ($100,000.00)
Dollars.
2. That the bonds so to be purchased shall consist of
20 Twenty (20) bonds with a denomination or maturity value of Five
21 Thousand ($5,000.00) Dollars each.
3. That the total amount to be paid for such bonds
shall be Seventy -four Thousand ($74,000.00) Dollars, which amount
shall be paid out of the Capital Outlays Fund of said City of
Anaheim, and shall be withdrawn from the following Capital Outlays
Accounts:
(a) Sixty -seven Thousand Two Hundred Fifty
($67,250.00) Dollars shall be paid out of the Capital
Outlays Account of the City of Anaheim with the Anaheim
Branch of Bank of America. National Trust and Savings
Association.
(b) Six Thousand Seven Hundred Fifty ($6,750.00)
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FRIIS Er SCHUTZ
ATTORBET3 AT LAv
402404 BARK Or AMERICA 8100.
ANANeIM, CALIFORNIA
TELErMOKE 3456
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Dollars shall be paid out of the Capital Outlays Account
of the City of Anaheim, with Southern County Bank of
Anaheim, California.
4. That warrants be drawn upon the City Treasurer for
the payment of the moneys out of the accounts described,in the
immediate preceding Paragraph 3 in accordance with the provisions
of said Paragraph 3.
5. That application for the purchase of said bonds be
made to Federal Reserve Bank of San Francisco, San Francisco,
California, such application to be made through the facilities of
Anaheim Branch of Bank of America National Trust and Savings
Association.
6. That said, application for the purchase of said bonds
shall be made by the City of Anaheim through its Mayor, Chas. A.
Pearson, who is hereby authorized and instructed to make such
application in accordance with the terms of this Resolution, and
is authorized to sign the name of said City of Anaheim to such
application.
7. That said bonds shall be purchased and registered
in the name of said City of Anaheim as follows: ,"City of Anaheim,
a Municipal Corporation of the State of California."
8. That said City Council elects and desires to have
said bonds, so to be purchased, held in safekeeping, without
charge, by the Secretary of the Treasury, and hereby authorizes
said Mayor to make arrangements at the time of the purchase of
said bonds to have said bonds so held, with instructions to have
said bonds held for safekeeping through the facilities of said
Federal Reserve Bank of San Francisco, that bank being a. fiscal
agent of the United States.
9. That at any time in the future, or from time to
time, as the needs of the City of Anaheim shall require, any of
the bonds so purchased shall be redeemed by said City through its
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FRIIS SCHUTZ
ATTORNEYS AT LAW
40•404 BANK Or AMERICA BLDG,
ANAHEIM, CALIFORNIA
TELEruONE 3456
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City Council which shall take such steps as are necessary to effect
the redemption of all or any of said bonds, at or before maturity,
and shall designate the officer of the City of Anaheim who shall
be authorized to make such redemption or redemptions on behalf
of said City.
10. That all monies received upon the redemption of any
and all of said bonds, at or_before maturity, shall be forthwith
placed in said Capital Outlays Fund.
ays und.
The foregoing resolution is
proved and signed by me
this 15th day of September, 1942.
Attest:
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Cit rk of the
16 STATE OF CALIFORNIA)
COUNTY OF ORANGE ss.
17 CITY OF ANAHEIM
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17 of Anaheim
Cit
a yor of the City of Anahe m
18 I, Charles E. Griffith, City Clerk of the City
of
Anaheim, do hereby certify that the foregoing resolution was
passed and adopted at an adjourned rulr meeting of the City
Council of the City of Anaheim, held on the 15th day of September,
1942, by the following vote:
AYES: COUNCILMEN, Pearson, Sheridan, Van Wagoner, Boney, Barnes
NOES: COUNCILMEN, None
ABSENT: COUNCILMEN, None
And I further certify that the Mayor of the City of
25 Anaheim approved and signed said resolution on the 15th day of
September, 1942.
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IN WITNESS WHEREOF I Have hereunto set my hand and
27 affixed the seal of the City of Anaheim this 15th day of September,
1942.
k of the C /of Anaheim