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HomeMy Public PortalAbout1953_12_23SPEC 1 .03 . (4) That the Auditor-Treasurer, be, and he hereby is,.authorized, instructed and directed to advance and pay all necessary costs for the pur- pose of instituting and prosecuting these proceedings in the Circuit Court of Loudoun County, Virginia. (5) That the Recorder of said Town be, and he hereby is, author- ized and instructed to deliver two certified copies of this ordinance to Stilson H. Hall, Attorney, Leesburg, Virginia TO OF LEESBURG, IN VIRGINIA• . By,J_/ - / Mayor 1 Leesburg, Virginia December 23, 1953 I hereby certify that the foregoing is a true and correct copy of an ordinance regularly and duly adopted by the Council of the Town of Leesburg, in Virginia, at a special meeting held at its Council Chambers on Wednesday 23, 1953. Recorder Town of Leesburg, in Virginia I ask for this: • Stilson H. Hall Leesburg, Virginia Counsel for the Town of Leesburg, in Virginia RESOLUTION AUTHORIZING LOAN OF $15, 000.00 ON TOWN HALL PROPERTY ON EAST SIDE OF KING STREET IN THE TOWN OF LEESBURG, VIRGINIA. Upon motion of Frank Raflo, seconded by Reginal K. Gheen and unaminously carried the following resolution was adopted: BE •IT RESOLVED, by the Council of the Town of Leesburg, in Vir- ginia, that the resolution relating to the borrowing of money on the Town Hall Building, which was passed by this Council on Novenber 9; 1953, be, and the same is hereby amended and reenacted to read as follows: BE IT FURTHER RESOLVED, that William W. Nickels, Mayor, be and he hereby is, authorized, empowered and directed for and on behalf of said Town to borrow the sum of $15.000.00 to be secured by a first deed of. trust on that certain parcel or lot of land described as follows: That certain tract of land situated on the southwest _ corner of King and Loudoun Streets, in the -Town of Leesburg, Virginia, adjoining the lands of Meade, Fadeley, et al. ; being the same land conveyed unto the Town of Leesburg in Virginia by Henry Heaton, Special Commissioner in ghe Chancery suit of Meade v. ' Boss, by deed dated July 8, 1879, of record in the • Clerk's Office of the Circuit Court of Loudoun County, Virginia, in Deed Book No. 6 N's at Page 289. BE IT ALSO RESOLVED, that William W. Nickels, Mayor, be and he hereby is, authorized, empowered and directed for and on behalf of said Town to execute a negotiable and promissory note, under seal, bearing date of the 4thl day of Danuary, T.95L, made payable to the order of The Peoples National Bank of Leesburg, Leesburg, Virginia , for the sum of $15,000.00, with interest from date at the rate of 3% per annum, payable semi-annually, said note to be made payable to 'TjO Peeples National Bank of Leesburg, Lees- burg, Virginia, on or before August 20, 1955, and to be secured by a first deed of trust note. BE IT ALSO RESOLVED, that the deed of trust herein authorized shall be a lien on the following land: That pertain lot of land on the East side of King Street in the Town of 'Leesburg, Loudoun County; Virginia; adjoining the land of Fadeley and Boss (now the property of said Town) . Being the same land conveyed to the said Town by William B. Carr, et al. , by deed dated August 6, 1887, recorded in the Clerk' s office aforesaid in Deed Book 6 Z' s, at Page 407. 104 BE IT ALSO RESOLVED, that the debt hereinbefore created shall con- stitute a lawfil charge against the revenues of the Town until the same is paid . and discharged. BE IT FURTHER RESOLVED, that on the delivery of the hereinbefore described note and upon the recordation of the first deed of trust securing the payment of said note on the land records of Loudoun County, the said Bank is authorized and directed to deposit the said sum of $15,000.00 to the account in said bank designated "Town of Leesburg, Virginia". BE IT FURTHER RESOLVED, that Horace M. Hallett, Recorder for said Town, . be and he hereby is, directed to deliver a certified copy of this resolution to The Peoples National Bank of' Leesburg, Leesburg, Virginia. TOWN OF J•EFSBURG, IN VIRGINIA • By I Mayor Seal affixed and attested by Recorder I hereby certify that the foregoing is a true and correct copy of an excerpt from the minutes of a Special Meeting of the Council of the Town of Leesburg, in Virginia, held in its Council Chambers in Leesburg on the 9th day of November, 1953, at which meeting a majority of the entire Council of said Toan voted in favor of the resolution. Recorder Upon motion of Frank Raflo, seconded by Morton Riddle 3rd; and unaminously carried the following resolution was adopted: BE IT ALSO RESOLVED, that George E.. Ward, Auditor-Treasurer, be and 111he hereby is, authorized to draw a check on the Peoples National Bank of Leesburg . for the sum of $12,500.00; mark the said check "for the full purchase price of properties on the North side of Lcudoun Street, •Leestu rg, Virginia," and make the said check payable to Marguerite Diggs Sheppard, Nelson Garner Diggs, Jack- son L. Davis, Jr. , Lucille N. Roberts, Edith Greene and Robbie E. Taylor,and that said check shall be signed by William W. Michels, Mayor, and George E. Ward, Treasurer. • BE IT ALSO RESOLVED, that George E. Ward, Auditor-Treasurer, be and he hereby is, authorized to draw a check on The Peoples National Bank of Leesburg, against the account of the Town of Leesburg, Virginia, for the sum of $22.75; mark said check "Recording costs for deed from Diggs Heirs on property on North side of -Loudoun Street," said check to be made payable to J. T. Martz, Clerk, and to be signed by William W. Nickels, Mayor, and George E. Ward, Treasurer, and said George E. Ward, Auditor-Treasurer, is directed to record the deed for said .property in the Clerks Office of the Circuit Court of Loudoun County, Virginia. BE IT ALSO RESOLVED, that George E. Ward, Auditor-Treasurer, be and he hereby is, authorized and directed to deliver to The Peoples National Bank of Leesburg, Virginia, policy or policies on the Leesburg Town Hall, and deliver said policy or policies with mortgagee clause attached in• favor of Stilson H. Hall and T. Frank..Osburn, Trustees, to The Peoples National Bank of Leesburg, Leesburg, Viriginiap. • Ifiga Mayor Recorder REGULAR January 11,1954. At a regular meeting of the Mayor and Council of the Town of Leesburg in Virginia, held in the Council Chamber on Monday January 11, 1954, there were present William W. Nickels, Mayor, Horace M. - Hallett, Recorder, Howard B. Gill, Reginald K. Sheen, Emmerson H. James, Maurice R. Lowenbach, Jr; Frank Raflo, and Morton Riddle 3rd ; Councilmen. '