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HomeMy WebLinkAboutR1956-04 US Savings Bonds Series "G" • fi \(\ RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF EAGLE AND STATE OF COLORADO • WHEREAS, the County Treasurer of Eagle County, Colorado has in his possession certain United States Savings Bonds, Series "G", dated January 1, 1944, the principal becoming due and pay- able twelve (12) years from the date thereof, said bonds being numbered V259555G and V259556G, in the principal amount of Five Thousand and no/100 Dollars (45,000.00) ,each, or an aggregate principal sum of Ten Thousand and no/100 Dollars (410,000.00) ; and WHEREAS, the said bonds became due and payable at maturity date on January 1, 1956; and WHEREAS, it is the desire of the Board of County Com- missioners that these bonds be redeemed and the principal shall be reinvested; and WHEREAS, the above amounts represent funds and monies of the County of Eagle, State of Colorado; BE IT THEREFORE RESOLVED That the Treasurer of Eagle County, Colorado, be and he hereby is authorized to submit the aforementioned bonds for redemption through The First National Bank of Eagle County, Eagle, Colorado, to the Federal Reserve Bank, Denver Branch. IT IS FURTHER RESOLVED That the County Treasurer of Eagle County, Colorado, upon the receipt of the principal amount of the aforementioned bonds, being the sum of Ten Thousand and no/100 Dollars (410,000.00) , shall reinvest the said monies of Eagle County, Colorado in an amount not to exceed Ten Thousand and . no/100 Dollars ( 10,000.00) in United States Savings Bonds, Series "K" in units of Five Thousand and no/100 Dollars ( 5,000.00) each, all pursuant to Chapter 114 of the"Session Laws of Colorado, 1944." - 2 - READ, CONSIDERED, PASSED AND APPROVED This 26th day • of March, A. D. 1956. THE BOARD OF COUNTY COMMISSIONERS OF EAGLE COUNTY, STATE OF COLORADO airman - L) scion r o SS oner •