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HomeMy WebLinkAboutResolution 675 J� RESOLUTION FOR SUBSTITUTION AND/OR WITHDRAWAL OF SECURITIES PLEDGED AND HELD IN TRUST BY THE FORT WORTH NATIONAL BANK �Nkno- WHEREAS, Port Worth 10: :'e Tr Bank of Port Wrorth.- Texas,has been designated and ha qualified as file'1Tepogirof - AESOL OX FILE No. 7� -3 City uC Fort t:ortn 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. 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: 1:::T11t•; LZ;;CPIaT ; P;'I? i•1".Tllf:1?",' JN0121,T Pt. 1'nrth, Tx f;/G i:onds 167 s '']'1,fi60 and to receive in lieu thereof the following securities. which are hereby in all respects approved: Fort Worth GO Bonds 307320 6.500 3-1-90 $100,000 Jack W. Green 0cxxebcxQ�rbc City _-----. as Secretary of _the City of Fort Worth, Texas,__ hereby certify that the foregoing is a true and correct copy of Resolution property 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. 13th day of March, 1980 (SEAL) Official Designation City Secretary of the City of Fort Worth, Texas 46 8