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0980 (03-16-37)
, . � .r.:.' � „ r * � . f':�, q �$,.: - E {":. � ! � � . ' z :t .. '. * _ � .. �z �, -' � : 1 � ' � a � y, _ , , .. � _. , � y ,. �� r 'r' � r, � ..i �. n � � � r 'J t� '� r n. r: G. , _ . � . . �t '!" _ '� .V•i l :./ 1 +'. '1 a �..F . ) , _ J . ... � . E tt, i I i. 1 � Y� ': � L � t� j: t t.'� ' � ' , } ,�' i ..� � ,,n Y ty . � . .;,r � S, r ° V . ,�.p, ' . " . ��� r .. ' + . '� Y' s t� � � ; k ' - � }n..� C C '�� ` ' . . � , � . , n . .. �. ' ' RESOLUTION N0. 980 � - �' _ , r .� r s , � �, � �.. � � , � , ; , . .;. :.�' : t ,; t a � � A.RESOLUTION OF,.TH ; C I'QY, COLTDICIL OF .THE CITY OF �+; , � ' . •:. :`� >� ' ' �LYNS400D�SUPPOFTING H.'�R: 4215� RELATIVE: TO�EXEAdP ,�' ' �` r; ,• ° TING PUBLIC-'D�POSTTS�,FROivi THE -°PROVISIONS L - R -,� - 1 :�� , , '����J• ' �a :.1 �F'.' � " y . '.: .� .F. } . � ,{ '.. ,. ,:, ^ s � �a�. � �.. , „ . . ... , t • . �, . .. .... . . . . . , J . . . : .4., _ ., ,�' 4 �' � ..'� + � -�, �,� � 'r�. . �: 5 u , `i t � . ' '' ,." ♦ '.' : . �. M :ti/ a t �- � � -.. � � �' BE_ IT FtE50LVED by`�the Mayor and the City 'C�uncil of the , ,_ „: �, :,,City «o-f _Lynwoo Cali.£ornia. ; . ' A � - C r � ( � r `." TFiAT '�JHEitEAS,tYiere' is prop.os'ed�legislatiori before tha � �'. , �:: � _ ,.. � � �., Gongress- of the,.Uni•ted �tates,.which,�:if eriacted•.into: lavr•,�,vrill�� .-;,;, ` �prohibi.tr�national ,banks, are mer�bers of: the Federal Reservea, , ' ,. :system; ;from �payin"g'any: intereat' on demand "deposit's �and on3p � ,, .;�, �. ';such.:intere'st;�on• time. deposits as the ,Federal. Reserve, Board�may .. ,�: . '' `�presbribe, by rule Fand' regulation. ` y' '-� . . , . �. �� �- �:�.. 4 .% , y �. ..3. n ' .. a �,:: ' .'. . . ..: � . ;'. J �..: ; � " 4, AND 4YHEREAS; under the •laws of the, State � of California, ,.: � W ' the City`Treasizrer is prohibited from depositing public norieps }, • '� . unless .a' minicium rate:'_of iriterest`�is,.paid., ; , ` , , ,. , . . � , � ' THEBEFORE,'be it:�resolved bp the �ayor and.the City ` - �-� �Council.iof the. City of��Lyni`vood `� �alifornia, �that it ; is for�.theE w` y '' ' best interests of the peopl'e of- said Ci .of ,Lynwood;, that� our t� � ' representatives'.in,. tha Cori�ress :of. tlie - United �States support , . introduced uy`a;�ir j�.�icher,_:worsuch'othar:legisla °�� � , , ti`on eome tiefore the. Congress,. d'e,signed exempt,:public �° deposits"and depos3ts of public:moneys from the'provisions of tY�•:. �Federal,;laav_otherwise prohibiting_payment of interest on deposits. �u - nR •�Y:. .. . . . .. ' i� � �if , . �: ' i �' . � •' ` .` t / � . � � ' _ ``• � > 2d0�I;.� therafore, '•be �it �resolved by the BHayor and � the r � , ' ,,_�•, ., �City Counci,l,of'.the City�:of' Lynwood, Ca_lifomia, that �the'City : .� - C3erk ; of ,tYie :City .of � Lyriwood .transmit"�, to the`.Honorable Byron ` '"� ��Sco1;�,;`'Congressr�an°from tYie,l8th�.Gongressional-Distric of� ' "' `` � CaTi and ,to::the •,Honorable„�Jilliam G: .�dcAdoo �and to''the �,. = Honorable• Aira��Johnson',.'United-States.=,Senators.from the State , . �of Cal3fomia; . a-�duly certified.;copy of: this= resolwtion. �;, � � �} ' ` �` � 'µ pASSED' and.�ADOPTED �this 16th, .dap of �.�arch,x'�1937: ,� ' , ' ,.. , , � + ,' � � : � ; �; a � » ,� '�� .� . { S ' F .' � . �r� �.� t n� � i r ..: Yt q i� y _ Y '74. y ���^.: � � /f �' �Y` t. . r�, r.:�.P' 'af, �� YS� `12�f"S�� ti a e � .. / / C /� � 4 '. � � �y[ /v . �� � r� � � � / � �_� � � Y . ,�� ���h� ' r Fr -. .r� � �` i k e � � ?^=r S �.�Y r � > � <. c � ,� • 4� . r� x . �� , .. , �, ; � "���L� � '-� 'r� ;#: , : , �dAYOR 'OF, .:TE�± QITY,OF LYNV/OOD: „�;, � � . � , y , , ,� �,��- ��Y�� � �:' , , $'" + , � `. r 't3 ATTFST ;�� �; . ` . ; ` „ , ,-, � - �= �.,• x� ,�, � � t, �. ;. � , .a ,. „ � , � � „� h r ...�� Y ����. .��,;�.. _ ._� _.� � �� o ..� -�,: � _ � c . i ,�,. �-''' ° � �,,F , x .: ..... .. . ., , , �',- z .. � , 1 � � . k ., � -,... _, �,� • 's � ��_ � � � �, . � . .- S . ;. �, '", i .': t ��� v '' C'ITY.CLERK OF''THE-CITY OF.�- _ . . , � , ' �'. , -LI�TWOOD. r, � x � � . , c ;; , ; , � ;, * ;,: „ t t t 3 �1 � 4 . - ., . . �' t' � C . 1 °'� � � �r' .�� - �. �t t • y y ' ,�.y � 4 . 5 h f [ S : S �. . y � ♦ . . !f � pi ? h . � � 1 r e f Y �� 5 �Y � � �� .i � 4 - 3 '., '•{ t \.� { . � +\.� �. pe ``� � J t 1 �. - �1 .. l ( n 2 (. { ' i � f 1 . ..�: .. ' e . . . �. n. ".r ...i' .:�' Y .. -.r.' � ��. . '' �• � . , . ` e y .. �+. � ' . � y � i f .r;". _ i ° �° � �:k e i .Y � � . .. ' . :!'., . 2 1 \ r , b ` . • , i . '. � .. _/ ` .. .. • . ' ..� . , . . . ... . J .. . .. . . . . . . � .. 1 �•. } ` , A, . , . .. , . . , . , . . .. ,. . �� : � . �, � . � . , �. � . . . . . . . . . • .. . ; >; +: . ., . .. ., .. �• . . � . .. . :: . .. - .. � ' . . . � � - , •' n � '_ .. ' • ^a=� ^,. ' . . '., . , , . . . ... { � ` - ':. � . . ' . . - .. ,,.. . ,. , .. � ,... .. . . . , . ... . . . . . � . .. . ' ' . ' . " � ' - . . . . .. . , - .. ?�.. , - ' , . , ' . . . . . . . . ` � ..t ' • " . . �. • � . ../ . � L . [ . � � � 1 • . .. v .' . .. .�' ' .. . � ' .v a ` �.. - � — .. .. ' '. . ; _ � • * ' .. . ..� rrt u .. !.. . . . ... . . . . • � �• • . . . ' . . — . . ! ` a . • . . . .. � . . . . .. � . .. . . . .. . . � STAiE Or C6;LTPOFi\�IA : ) - . . ^ . ' � COtJ2dTY OF LOS AN'GELF;�, : .,,. , • . ; , . ` : � CIT�' Ob� ,: . . LY^IC300� . )-. ' �. . , , , , _ T, the undersigned .C1t � Clerk `of •.tne� City .of= � ' , . :,,.,, �.L do'her,.eby•oertify �that the. ak�ove and foregoing ., . . .. . , � ,. .. , � • ` Resolution was'•duly, adonted bf the, GS:ty Counc�.1'of sai:d .' .•' _ ... . , . . .. . , , _, � City�at:aXXXXXXXXxXX thereof�held in : _ . _____ _ , , . . , . , , ,., , . �• t ' the Cit,y Hall'o�f:."said`,Citf,. om�the .�16th.d"ay of xx�txs " March, :., 193�• :,,: an,d passed' by ,the follo�ving, vote . , ' . . �• . �. . �., ; . . „ ,.._ .. : - - AYES:' COUIdCIL?�Z�nT,.� Lake'-, bdever.�-Nation. - � , •'��� , - Snvder �and Boster. � , .� ` . ' . � �� .` � s,� NOES COU:TCILMT�v None ,d � r � g ;`� , ; : • "w`� ` � '� "" Y�ABSE�t`�'f �COiJidCILMT� NoneR � ,,� z y �' � ``,.;..' + , �� - . . . . f G Y ' � � t S� .� {�� Y iJ {.*-� �, . ' h k +Y . � , c ° ' . � • .. . F � ��� �" 3 �' .� � ' , Cli'Y CLT�' K �Cl'i'Y U� . LYN'�OUL. . 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