HomeMy WebLinkAboutResolution 624 RESOLUTION FOR SUBSTITUTION AND/OR Vwt N I '1
PLEDGED AND HELD IN TRUST BY THE F
WHEREAS, Bonk of Couniorco Bank of
Ft. Worth —,Texas,has been designated and has qualified as the Depository of
& City of Fort Worth
by pledging securities of the kind and in the manner permitted by law, and
WHEREAS, by consent of said Depositor, the Depository Bank has lodged said pledged securities with
The Fort Worth National Bank, Fort Worth, Texas, to be held in trust,and
WHEREAS, said depository desires to make substitutions of securities thus pledged and/or with-
drawals,and
WHEREAS, the securities hereinafter mentioned which the Depository desires to substitute in lieu
of those heretofore pledged, meet with the requirements of the law and have been and are hereby approved.
yr WHEREAS, the securities hereinafter mentioned which the Depository wishes to withdraw represent
excess collateral or security over and above deposit requirements.
NOW, THEREFORE, said Depository is hereby authorized to withdraw, and The Fort Worth National
Bank is authorized to release the following securities heretofore pledged by it:
IS= MUST RMIN R TE !Af M_ f�MI A M
FL. Worth, Tex ISD 170519 5% $100,000 S-1 79
and to receive in lieu thereof the following securities,which are hereby in all respects approved:
v
City
Jack W. Green Gsw;ky-Clerk
-- --
V Secretary of the City of Fort Worth, Texas,
hereby certify that the foregoing is a true and correct copy of Resolution properly introduced and passed by
unanimous vote of above named body and is in the form in which same was passed and as the same appears on
the Minutes of said body.
IN TESTIMONY WHEREOF, I hereunto affix my hand and seal this 25th day of July 1979
(SEAL) Qfficial Designation
City Secretary
46.8