The Owosso times. (Owosso, Mich.) 1897-1926, 1918-12-13
Resolution No. 30.

OF February, 1919.
The following Resolution was presented and
Mr.. Rosevear moved the adoption of the reso-
luton which motion prevailed; ayes, Hanscom'
Rosevear. Wright.
Resolution No. 81.
Resolved, by the Commission of the city Of
said city to the Owosso savings Bank on May
eth, 10 g, In evidence of a loan by said bank to
Id city Of s5 100 and interest To be placed I ;
the credit OF the Water Sprinklng Fund falls
due on the 10th day Of December, 1918.
Now therefore, TIE Mayor is hereby author
IL and directed to give In renewal note
OF the city OF Owosso for &5l5.69 the same TO be
dated Decembet 10th 1915 to become due and
payable February 18TH, 1919, and to bear interest
at rate OF not more than per cent per annum
The following resolution was presented
and on motion Of Mr.. Rosevear same was
adopted; ayes, Hanseom, Rosevear.
Wright:
Resolution No. 81.
Resolved, by the Commission OF the city OF
o osso, that whereas there fglls due on the
10th day OF December. 1913, a certain note for
s2O320. given by the said City OF Owosso to the
Citizens Savings Bank OF Owosso. Michigan.
on May 9Th, 1915 In evidence OF a loan by said
bank to said city to the credit OF the West VIII
liams Street Curb Fund, and there Is now In
the ala fund sufficient m, MES to pay only q
portion OF said note now tn ref re, the Mayor
is h reby authorized and directed TO make q
s68 so, and to execute In evidence there the
note of said city dated December 18TH 1913. to
become due and payabl- on February 18th, 1919,
and to bear intesest at q rate OF not more than
5 per cent per annum.
The following resolution was presented and
Mr.. Rosevear moved the adoption of the heso-
motion
com, Rosevear, Wright.
Resolution No. 3d.
Resolved, by the Commission of the City
OF Owosso that VIII reas there als due on the
10th day of December, 1918, a certain note for
the sum of sS0o.0 dated April 10th, 1915, given
by the City of Owosso to the State aoings
Bank OF Owosso, Michigan, in evidence Of 10 n
OF said sum by said bank to said city for the
credi Of the Pine Street Curb fund, which said
note there are OF enough moneys at present In
said fund to pay In full, now therefore the May
or is hereby authorized and directed tn execute
to said BAN the note OF the City of Owosso for
the sum Of S639 SO In partial renewal OF said note
So falling due, said renewal note to bear date
Dec. 10th, 1918 to become due and payable on
Feb. 10Th 10 8. and TO bear int rest at rate OF
not more than per cent per annum
The following resolution was presented
and on motion Of Mr.. Rosevear same was
adopted; ayes, HanscVm, Rosevear.
Wright:
Resolution No. 81.
Resolved by the Commission OF the City OF
Owosso that the Mayor re ana he is hereby
directed and authorized to borrow upon the
credit OF the City Of Owosso the sum OF
seventy-eight aid sistyone one hundredtns
dollars s7s 61) and place the same to the credit
of the Oil Sprnkling District No. Fund.
II is hereby declared to be the purpose Of his
Commission TO make said loan In anticipate
Of the special assessments upon the d strict TO
be assessed for sprinkling the streets with oil
during the season Of 1917.
Said loan shall be evidenced bv note OF the
City Of Owosso bearing date OF Dec. II 1918 and
shall become due ar payable upon the 18th ay
of Feb. 1919. and shall bear interest at rate not
to EXCEED per cent per annum.
The following Resolution was presented and
Mr.. Rosevear moved the adoption Of the Reso-
luton which motion prevailed; ayes. Hanscom,
Rosevear. Wright.
Resolution No. So.
Resolved, by the Commission AZ the City
OF Owosso that the fund heretofore created
and CARR on the books OF the City OF