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t h a t P . L . M a g g i o n i a n d C o . , w e r e i n s i s t i n g t h a t t h e T o w n g i v e t h e m
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n i n ; y d a y n o t e b e a r i n g 7 % i n t e r e s t t o c o v e r o u r i n d e b t n e s s , s a m e
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f o r o y s t e r s h e l l s f u r n i s h e d b y s a i d L . P . M a g g i o n i & C o . , f o r r o a d
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n o t e t o t h e o r d e r o f L . P . M a g i o n i & C o m p a n y o f S a v a n n a h , G e o r g i a ,
i n t h e s u m o f $ 3 7 2 2 . 7 6 a n d d u e n i n e t y ( 9 0 ) d a y s a f t e r d a t e a n d b e a r i n g
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t h e a c c o u n t i u e b y s a i d m u n i c i p a l c o r p o r a t i o n t o t h e s a i d L P . M a g g i o n i
& C o m p a n y f o r o y s t e r s h e l l s f u r n i s h e d f o r r o a d a n d s t r e e t b u i l d i n g ,
a s a p p e a r s u p o n t h e s t a t e m e n t s o f a c c o u n t f u r n i s h e d s a i d c o r p o r a t i o n
n o w o n f i l e Y i t h t h e C l e r k o f C o u n c i l h e r e o f , a n d t h a t u p o n t h e
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b y p a y i n g t h e i n t e r e s t w h i c h w i l l t h e n h a v e a c c u m u l a t e d u p o n s a i d
n o t e .
B E I T F U R T H E R R E S O L V E D t h a t t h e M a y o r b e a n d h e i s
h e r e b y a u t h o r i z e d i n t h e n a m e o f s a i d c o r p o r a t i o n t o s i g n s a i d n o t e
a n d t o c a u s e t h e s e a l o f s a i d c o r p o r a t i o n ; t o b e t h e r e u n t o a f f i x e d ,
a t t e s t e d b y t h e T r e a s u r e r t h e r e o f .
B E I T F U R T H E R R E S O L V E D t h a t a c e r t i f i e d c o p y o f
t h i s r e s o l u t i o n b e a t t a c h e d t o a n d m a d e a p a r t o f s a i d n o t e . "
T h e r e b e i n g n o f u r t h e r b u s i n e s s , C o u n c i l a d j o u r n e d s u b j e c t t o t h e
c a l l o f t h e M a y o r .
150
Clerk of i
Mayor.
Savannah Beach, Tybee Island, Ga.,
January 9, 1931
The regular meeting of Council was held today at 4:P. M., and was
attended by Mayor Gamble who presided, and Councilmen Farr, Walthour,
Horowitz, Logan and Cann, Town Attorney McTntyre and Rioux of the
Remington Rand Company.
The Mayor requested Mr. Rioux to explain his proposition in reference
to the Fire Proof Safe his company desires to install in the Towns
office, Mr. Eioux explained the merits of his safe, that, they would
stand a four hour fire test, that would safeguard the Towns records
which if destroyed by fire,would be impossib e- - - -- to replace, he
called attention to the fact that he was requested by Mr. Buckley to
go into the details of the matter and ascertain exactly what the
Towns requirements were, and he figured that the safe - cabinet #54
would take care of the Towns matters, Mr. Rioux was then dismissed,
the Mayor appointed Messrs. Walthour, and Logan as special committee
to investigate the matter and the authority to act.
The Savannah Planing Mill Company requested the Mayor to make; payment
on our past due account with them, and suggested that we give them
a note, Mr. Walthour made motion that the Mayor handle it to the best
advantage, this was seconded by Mr. Horovita and the motion passed.
Mr. E. A. Gallette has pettioned that he be reimbursed for a septic
tank that was removed from his property, but no action was taken in
the matter.
The Mayor informed the Council that it would probally be necessary to
negotiate a loan of not over .2500.00, to take care of a casual
deficiency now existing. Therefore Mr. Walthour made a motion that
the Mayor be given the authority to borrow the required amount from
any bank in the city, this was seconded by Mr. Horovitz and the
motion unanimously carried.
RESOLUTION
RESOLVED that the Mayor be and he is hereby authorized
and directed, for the purpose of supplying a casual deficiency in
revenue now existing, to borrow from such bank or banks of the City
of Savannah as may be selected by him, the sum of Twenty- five hundred
42500.00) Dollars for such time and upon such terms as the Mayor shall
agree upon and to evidence sail loan by executing in the name of and on •
behalf of the Mayor and Councilmen of the Town of Savannah Beach, Tybee
Island, Ga., a note or notes not exceeding in the aggregate the principal
sum of Twenty -five Hundred 42500.00) Dollars and that said note or
notes shall be excuted under the official seal of the Mayor and Councilme
of the Town of Savannah Beach, Tybee Island, Ga., attested by the Clerk
of Council.