HomeMy WebLinkAboutCC 1908-09-17 Minutesfull value Qf Home.
71.1,. o.lium end seconded by T.V.T.E.7.e.otham tint to foregoin,, reeolu-
t?.one be adopted; Motion carried.
Minn:
17t^,19Oi.
Remiai
ss meetl ;; of t e City Cuun?, rolled to order by President J..I.Wilr
;the choir: Members present J.I•Wileon,I.F.Lummus,• .1i.Reilly,T.N,Rr,utier,
ger,T. F, Cr,rat 41m and M. R. r'El lum.
Thy' following communication was read;
Miami pt.l0tn,190t5.
.0.Adhrrs,City Clerk,
Miamidola.
Jeer Sir;-
n in
.Gran -
I Nava today received a certified copy of,t*e„resol)tion passed by the_
City Co Heil or '.'iami , at a meeting Held Aug.20th,190►3. , in which resolution it
i ordered tnat I, as Receiver o" the Fort Petlte Nntional Hank.) be requ.ireq to
complete t'ie contract entered into by the said Hank and the'Hoard of Public Works
or the City of Miami, taking up the remaining aeries of 'I[u icipei bonds, amount-
Ing in the aggregate to "170,00 .00.
You are hereby inrurmeri that I nave no authority to complete the above avert,
tuned r•ontrrrrt, and 1 the -efore detllne to doeu.
Yours truly,
!,;1gned) d.K.Mcj)onald,Recetver.
."f.overi by .,.P, eii1y end seconded by '''.E.0 entrant that tre ab )ve roanrrunicatlon r?e
'eceived nn'i spread upon the minutes; Motion carried.
Report of Committeemen on Finance;
bept.17tn,19
Fl.,n,l'it,y Council,
City of Miami.
Gentlemen; -
I beg to :.epo,t twat t o City bonis have been delivered by the Empire
Trust tlompeny of New York to tr,r First Nntlunal Pan k of Miam1,T'1a, as evidenced
.ray copy of their receipt herewith ettaced,
in company wits? 't' e officials of the Beek, the City A rditor and nnyael ' were
.permitted to cheer 1,;(1 bonds with the City's . eco. ds and they wore fond to he
correot. Your truly,
(:.igned) J•E.I,unmus,Finance Committeeman.
,'lon•Mayor of V.lemi,
Miemi,T?la.
.Sir; -
We ve receiver] from the Empire Tr .st Comp; ry of New York City, Ponds of
The City of Miami, of a per value of :70,Q00.00.0ewer fonds 411.QO0.,eech,Nu'>' 11
to 30 inrlu: ive ",,' :',000.00; .street Purvis t1000.00 each, No's 6 to ?`.) inclusive
M,00L.00: City Huildint,; Ponds `t1Od0.00 each ^'o':' 1 to 20 inclusive t20, O0.00
Perks Hnd Promenade Ponds !1.000.00 each No'e 1 to 15 inrlunlve t15,000.00.
V ':ich we f n l 1 hold sub.lect to instrur;,ions from the City Council os,-er ruh-
'scribed rrundltionr " The First Netionol ank will hive the property ].eft for sefe
,keeping the same care that it Floes to its own property, not beyond tnet (1pps n rt
ass sere responsibility".
Very truly your.;,
Edwrird C. Rurfh, Co:. ter.
on. City C urcil,
City of Miami.
eentl eaten; -
In addition to my report just submitted, reference to t'7d,000.00 city
Ponds de.i ivere by t'•e }-:mpire 'Trust Company of New York to the First National
f Prink of Miami, + l e. , I beg to advise tr,r;t each of the said bonds have the follow,
,ing eteteme t printed t•.ereun, "The leelity of tnis issue of bonds, of which
•tnis is one, hove been approvers by ,l.H.Caldwell,Pry., whoa opinion and legel pe-
:prspo rel.rting to the issue ere filer] fur 1 bpectlun of the holder hereof with thb
Columbia Trust Company, i/ -6 Nassau :'t:•eet., New Yurk.
Ther'i, is also printed un ears, of these bonds the fulluwlnl, certificate',_
"It, le :.ereby certifier) that tee within bond ie one of a :.eries of(d+;.•Cript.'un)
J.)„nests ' like tenor end amounting in the egr;reLHte to ( pe»ified emo>,Ent) Arid,_thPt
:the eignetu:•es and Heal thereto affixed are genuine".
..C.Qluntbia. Trust Qompany,_ _. .. ..._._.._ �_
Hy 1,.".v'1EE;ine, ;.ecretary.