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RESOLUTION FILE NO. a
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R E S O L U T I O N
WHEREAS, the City of Fort Worth was the recipient of a gift of
two hundred (200) shares of Common Stock of Southland Corporation from
an anonymous donor, which shares were authorized to be sold after the
performance of certain conditions; and,
WHEREAS, such conditions which have been performed and complied
with were generally as follows:
(1) That the gift was a gift to the Cabin Fund only; and
(2) That the Common Stock Certificate No. DM 6588 not be
cashed until such time as the money is in hand for
the erection of the cabin.
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and,
tiro WHEREAS, all money therefor "is in hand"; and,
WHEREAS, all conditions have been performed and completed, and
all that remains to be done is for the City Council to authorize the
sale thereof and the execution of all instruments necessary to sell
and assign said Certificate No. DM 6588, representing two hundred
(200) shares of Common Stock of Southland Corporation, NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH,
TEXAS:
That the City Manager of the City of Fort Worth is authorized and
directed to execute and place his signature upon all instruments necessary
to sell and assign Common Stock Certificate No. DM 6588, representing two
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hundred (200) shares of Common Stock of Southland Corporation and to apply
the proceeds from such sale to the payment of part of the cost of the erec-
tion of the Foster Cabin in the Log Cabin Village.
Adopted this 7th day of April , 1975
APPROVED AS TO FORM AND LEGALITY:
�lJ/ • 1
City Attorney