Book 14 (January 1950 - July 1954) - City of Oxford

______•••••.0 •• _.~••••• _ ••• _ •• '••/210.~,...DEMENT - MERIDIAN~.- ...:#--.MINUTE BOOK No. 14, CITY OF OXFORDlegality of said bonds provided further that this agreement will be subjecttoapprovai by Messrs. Charles and Trauernicht, Attorneys, as to legalityof all terms and privided that if said bonds cannot be legally issued soldand delivered to us, as outlined above, then we shall not be obligated tolend to said City the money for immediate or short time financing asproposed above, and said City will not be obligated to deliver said bondsto us.:Bond Department,Uniom Planters National Bank and Trust CompanyMemphis, TennesseeM. A. Sanders & Company, Inc.,Memphis, TennesseeRespectfully submitted,Cady and Company, Ine.Columbus, MiSSissippiAccepted and agreed to by resolution duly passed by the Mayor and Board ofAldermen of the City of Oxford, MiSSissippi this ...1fL ,day of October,1950.-Attest: ~Lt,.City ClerkAfter duly considering the remarks of Mr. Chandler and the foregoing proposaland deendng -;ft to be worthwhile for the City to enter into such' an agreemeht withCady and Company, Inc. and associates, on motion of Alderman Hilbun, secondedby Alderman Combs, it was moved that the Mayor and Board of Aldermen authorizeand direct the Mayor and City Clerk to accept and agree to said proposal andexecute said acceptance and agreement in behalf of the City. Upon the Mayorputtin~ the motion for a vote all members of the Board voted in favor of saidmotion, and the Mayor declared the motion carried.************************Upon motion made, RP,conded and passed, it was ordered that this Board do now recessuntil 7:00 p. M., Monday, October 23rd, 1950