Resolution 2288 .
RESOLUTION NO. 2288
A RESOLUTION OF THE CITY COUNCIL OF
THE CITY OF MIAMI BEACH, FLORIDA.
WHEREAS, on June 11th, 1930, the Miami Beach Bank
& Trust Company suspended business and is now under the control
and in custody of the Comptroller of the State of Florida, and
WHEREAS at the time of said suspension of business
the City of Miami Beach had as a secured deposit in said bank
the sum of 1320,307.47 collaterally secured by certain bonds
now in the possession of the Chase National Bank and the Bank
of Bay Biscayne which is now also in the control of said
Comptroller; and
Whereas, the said City Council deem it to be the
best interest of said City that it have actual possession of
said bonds
NOW, THEREFORE, BE IT RESOLVED that the Comptroller
of the State of Florida be requested to immediately cause to be
delivered to C. W. Tomlinson, City Clerk of said City who is
hereby authorized to receive and receipt for same, all bonds
and other collateral security now held by the Chase National
Bank and the Bank of Bay Biscayne on behalf of the said City
of Miami Beach, Florida.
PASSED AND ADOPTED this 7th day of July,A.D . 1930.
President Cit1Councail
j
Attest: l(J .
City Clerk
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