HomeMy WebLinkAbout51 - Gas Distributing System Bonds•
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COPY
RESOLUTION NO 51
COPY
l\hereas, by an pursuant to Ordinance No. 117 of the city
of Newport Beach passed and adopted on the 22nd day of November,
1915, there was called and held a special election at and within
the City of Newport Beach on the 28th day of December, 1915, and
at said special election there was by a vote of more than two-
thirds of all the voters voting at such special election, auth-
orized to be issued and sold gas distributing system bonds of the
city of Newport Beach in the sum of $30,000; and
Whereas, by a resolution No. 49 of the city of Newport
Beach passed and adopted on the 3rd day of January, 1916, the
Board of Trustees of said city provided for the issuance and sale
of said bonds, and did thereafter sell to the State of California
twenty -three of said bonds in the denomination of $1,OCO each, and
Whereas, the city of Newport Beach has directed that
said twenty -three bonds be issued and delivered to the.�said State
of California duly and properly signed by the President of the
Board of Trustees of said city as the Executive thereof, also
signed by the Treasurer and counter- signed by the Clerk of said
city, and the interest coupons thereto attached to be signed by
the said Treasurer; and
Whereas, subsequent to the passage and adoption of said
Ordinance No. 117 and also subsequent to the 28th day of December
1915, the date of the holding of said special election, and also
subsequent to the passage and adoption of said Resolution No. 49
directing the issue and sale of said bonds, and also subsequent to
the sale of said twenty -three bonds to the State of California,
by virtue of a general municipal election held pursuant to law in
and for the city of Newport Beach on the 10th day of April., 1916
one L. S. Wilkinson ceased to be Clerk of the City of Newport
Beach and one W. K. Parkinson ceased to be President of the Board
of Trustees thereof, and that by virtue of their election and
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qualification one Claude M. Crego is now the duly elected,
qualified and acting Clerk of said city, and one S. R. Jumper is
the duly chosen, qualified and acting President of the Board of
Trustees thereof;
Now therefore, pursuant to Section 5 of an Act of the
Legislature of the State of California, entitled:
"An Act authorizing the incurring of indebtedness
by cities, towns, and municipal corporations for muni-
cipal improvements, and regulating the acquisition,
construction, or completion thereof. (became a law
under constitutional provision without Governor's
approval, February 25, 1901.)" and acts that are
amendatory thereof.
The Board of Tnustees of the city of Newport Beach does in ad-
dition to all other authority which by law is vested in the said
S. R. Jumper, as President of the Board of Trustees cf the city
of Newport Beach, as the Executive thereof to sign said bonds,
Lew H. Wallace as Treasurer thereof to sign said bonds, and Claude
M. Crego, as Clerk of said city, to counter -sign said bonds, and
Lew H. Wallace to sign the interest coupons thereto attached,
hereby authorizes and designates S. R. Jumper as President of the
Board of Trustees of the city of Newport Beach, as the Executive
of said city, to sign said twenty -three bonds, also authorizes
and designates Lew H. Wallace as Treasurer of the city of Newport
Beach to sign said twenty -three bonds) and also authorizes aid
designates Claude M. Crego as Clerk of the city of Newport Beach
to countersign said bonds and further authorizes and designates
Lew H. Wallace as Treasurer to sign the interest coupons thereto
attached.
The above and foregoing Resolution was passed at a
regular meeting of the Board of Trustees of the city of Newport
Beach held on the lst day of May, 1916, by the affirmative vote
of more than two- thirds of all its members, the same being passed
by the following named trustees, to -wit : -
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Ayes, Trustees; S. R. Jumper, Glenn Helms, G. P. Wilson, H. A.
Robinson, J. C. McCain
Noes, Trustees None
Absent Trustees: None
In Testimony whereof, I, Claude M. Crego, Clerk of the
city of Newport Beach, have hereunto subscribed �y official
signature and affixed the seal of the City of Newport Beach at
my office this lst day of May, 1916.
-3-
C. M._Cre o
Clerk of the iB ty of Newport
Beach.
•
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY OF NEWPORT BEACH)
I, C. K. PRIEST, City Clerk of the City of Newport
Beach, California, do hereby certify that according to
the records of the City of Newport Beach filed and main-
tained in my office, the foregoing Resolution No. 51
was duly and regularly adopted, passed, and approved by
the City Council of the City of Newport Beach, California,
at a regular meeting of said City Council held at the
regular meeting place thereof, on the 1 day of
May , 1916 , by the following vote,
to wit:
AYES, COUNCILMEN; S. R. Jumper, Glenn Helms, G. F.
Wilson, H. A. Robinson J. C. McCain
NOES, COUNCILMEN%
ABSENT COUNCILMEN: None
i
Dated this 10 day of February , 19 55
City Clerk and Ex- Officio Clerk
of the City Council, City of
Newport Beach, State of California.
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