Resolution 2659 RESOLUTION NO. 2659
WHEREAS, the City of Miami Beach has deposited with
the Miami Beach First National Bank the sum of $33,580.00
for the purpose of paying all City of Miami Beach bond interest
coupons due September 1st, 1933,
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF MIAMI BEACH, FLORIDA, that said Miami Beach First
National Bank be and they are hereby requested to forward
$33,580.00 to the Chemical Bank and Trust Company, New York
City, depositing same in their own name, at the same time
authorizing the Interest Coupon Paying Division of said Chemical
Bank and Trust Company to charge said account as funds are
needed by them to pay any or all City of Miami Beach interest
coupons due September 1st, 1933, and
BE IT FURTHER RESOLVED that the City of Miami Beach will
save harmless the said Miami Beach First National Bank against
any possible loss of the amount herein authorized or any por-
tion thereof for any reason occasioned by this transaction.
PASSED AND ADOPTED this 7th day of August, A. D. , 1933.
fr
-residen of City Council
ATTEST:
City Clerk
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