1915-01 $1000 bond to Bank of OkeechobeeKI 'q �
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on motion the following resolution was enamiously adopted.*
Resolve. that under rand by virture of the Charter of The City of
Okeechobee and of the *rdinances duly adepted the City Counci"-'L has
issued and salt to t�e Bank of Okeechobee a time warrent for the sum of
one Thousand Dallars bering intresi. at six per cent Per. annum -after
date,intest payable semi-annually, Said time warrent being date&
July 22nt,1915. Payable one yaar after date and being numbered in
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denomination as follows: No.l-$1000,00
Resolved futher-that the proper officers of the City are hearby
authorized and directed to execute said time warrent on behalf of the
City and to d-elliver same to t] -c same to the said purchaser up on the
purchase r paying to the said City the sum of one th*usand dollars.
Resolved futher-that the proceeds of thl- sale of said time warrent be
Aepositet in the bank of Okeechobee until a deposit2ry bank can be
legally named as prescribed in the,.City Charter,
On motion Gouncil adjourned till Aug.-.L()th.IQ15.
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