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0109 (Amend Ord. 109)The City Council of the .(pity tf Okeechobee, Florida d 4 on ,the`,-26th day of oary, . A. D.' 1926, in special session on said date, .pass ordinance No. 10! i'.0h was approved by the Mayor o said City; and • ' ,, - ., ° if` WHEREAS, by the provisions of said , ordinance No. 105, depositories were there; esignated to reoeive7 and be -custodians of City, di Okeechobee, N<unic ipah :1_,,‘ mprove- t ' Bonds, Issue of 1926, and to be custodians' of the proceeds from the 'sale, of t hinds, and,, -WEBEAS, i8Oction 2 of said Ordinance No. 195 designated Peoples1 Bank of Okee- ee,and Bank of ;.Okeechobee, ,as depositories for' the purposes abovrc stated in th manner and proportion as set forth in said section, and WHEREAS, "it now appears that Bank of Okeechobee is closed by order of.. the State Coraptrolleri and it is now deemed necessary and expedient that; the Oity Q.ouncil shall designate a depository to ,take the place of the said Bank , of Okeecho bees NOW, THEREFORE; i. BE IT, ORDAINED by the Mayor and City Council of .the City of Okeechobee Section 1. Mori Thai ,$•eotion 2 of Ordinance No. 105 of 'the Ordinances of the .City .of Okeeohob ,Florida„,, be and the same it, hereby amended and changed to read as follows :... 0 Peoples,B'ank of Okeechobee; a banking corporation incor ted under the- laws of the State of Florida,' shall-receive �rnci� a Wit, dian of•: the b ' s ,ithorized hereby, and by Ordinance No 100 of the °'.Ordinance f` ? City of Okeecriobe3, ;Florida; which bonds shall:be known-is- City of, , Okeechobee Municipal improvement Bonds; Issue of 1926, . `and said' bank shall be. ,cus -, todian' of all moneys arising from the 'sale of said, bonds.,'" Section - - All ordinances or parts of ordinances in conflict herewith are hereby repaale 'Section 3. `•This- ordinance Shall take effect immediately upon its passage and approval by r $the Mayor, Read a fthrst time and by unanimous consent passed to a second reading. Read a second time and by unaimous „consent. passed to : third - and}'final readir -Read a''`third time and passed in open , sees , °of the' Qity - Oo n it this the 1tt day of June A. D. 1926. .At#es°' P. Fletcher Oity Clerk. .(City Seal) J. Denham Bird Presidents ro -tem of., the 0i)y Council o� the City of Okeechobee,. Florida. . ; #App,r©ved by me this 14th day of June A. D. 1926. .T'. W; _Conely; Jr, Mayor , of the City 'of Okeechobee, Florida.' t. n L. F. Scharfsohwerdt,.seoonded by Councilman anco< Up.n motion of onno