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<br />_18
<br />
<br />FRlmy
<br />
<br />JUNE 19, 1953
<br />
<br />For the $155,000 ELECTRIC SYSTEM llA:PROVEl1ENT BONIE, said bonds bearing
<br />a rate, or rates, of interest per armum as follows: $100,000 bonds
<br />maturing July 1, 1954 to 1963, b.oth inclusive, at 3 per centum,
<br />$55,000 bonds maturing July 1, 1964 to 1969, both inclusive at 3t per
<br />centum, we will pay Seven hundred seventy-five thousaid five hundred
<br />forty-two and 25/100 Dollars ($775,542.25). We will pay accrued interest
<br />from the date of the bonds to the date of payment of the purchase price.
<br />
<br />Scott, Horner & l~on, Inc.
<br />By: Clarence O. lee, Jr.
<br />
<br />k
<br />Council, next, adopted the following resolutions by a recorded vote which was
<br />
<br />unanimous, each resolution being read in its entirety and being voted on sep-
<br />
<br />arately, which resolutions set forth the forms of the bonds and coupons of the
<br />
<br />respective $620,000 WATER SYSTEM IMrn.OVEMENT BONIS ani $155,000 ELECTRIC SYSTEM
<br />llWROVEMENT BONIS:
<br />
<br />For the $620,000 WATER SYSTE1I IMPROVEMENT BONDS, said bonds bearing a rate,
<br />or rates, of interest per annum as follows: $620,000 bonds maturing July
<br />1, 1954 to 1974, both inclusive, at 3i per centum,
<br />
<br />For the $155,000 ELECTRIC SYSTEM IMPROVEMENT BONffi, said bonds bearing
<br />a rate, or rates, of interest per annum as follows: $155,600 bonds
<br />maturing July 1, 1953 to 1969, both inclusive, at 3% per centum, we will
<br />pay Seven Hundred Seventy Six Thousand Seven Hundred Five Dollars
<br />($776,705.00). We will pay accrued interest from the date of the bonds
<br />to the date of paJ~ent of the purchase price.
<br />
<br />Anderson & Strudwick
<br />F. W. Craigie & Company
<br />Strader, Taylor & Company, Inc.
<br />J. C . Wheat & Company
<br />Willer & Patterson
<br />John W. Yeaman
<br />by Anderson & Strudwick
<br />
<br />Council, next, adopted the following resolutions by a recorded vote which was
<br />
<br />unanimous, each resolution being read in its entirety and being voted on sep-
<br />
<br />arately, which resolutions set forth the forms of the bonds and coupons of the
<br />
<br />respective $620,000 WATER SYSTEM lllPROVEMENT BONIS and $155,000 ELECTRIC SYSTEM
<br />
<br />llilPROVEME NT BONDS:
<br />
<br />Council was adjourned.
<br />
<br />w. tie Yeaman, Cle:h: 01 vounc~.L
<br />
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