1954-295r~~
R~OLUTi~i NO. 2$5
RESOLUTIC~T RELEA~STNG COLLATERAL OF NORTHWESTERN
' NATIONAL BANK OF BLOC~TI~iGTCN-RICI#EiELI} AND ACC~PT-
. IN G 5UBSTTTUTIQd TIiEREF~.
BE TT RffiOLgED BY THE VILLAGE COUNCIL OF THE ViI;IAGE OF RiCHFIEL~9 AS
FOLLO~a s
~.. That the Council author3.ze the release of X60,000.00 U. S. Trea~uzy
Bonds, 2~, due June 15, 195?, which have heretofore been pledged as
collateral by the Northwestern National Bank of Bloom~.ngton-Richfield.
2. That the Counc3.1 approve and accept in substit~t.t~.on of the ~fore-
mBnt3.oned securit3.esa the fo11ow3rig bondss .
~100,000.{~ U. S. Treasury Bonds, 2.50, dus November 15, 1961. ~ '
` 3.That the D3xec`~or of Financh be author3.zed to do all things necessary
to affect this release ~ d subs t3. tutirn of collateral.
Adopted by the V3.11.age Council ~ this 23rd tla~ of February, 195,
AT TILT ~
Q
a gen erk .~..
~- ~ ,-
~ ~.. e ~ ayrr ~._._.
~-
roy n, ger
1
1