Loading...
5559ORDINANCE NO. 5559 AN ORDINANCE APPROPAKATING #11,930.65 FOR PAYMENT OF SEMI- , ANNUAL INTEREST COUPONS AND SERVICE CHARGES THEREON OF 5% AIRPORT, FIRE EQUIPMENT AND HOSPITAL ANNEX BOND ISSUE OF NOVEMBER 1st, 1929, OF THE CITY OF LITTLE ROCK, AND FOR OTHER PURPOSES. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK: That* the r of #11 s 930•,65 'Ve, 'AA C-1 th uY is hereby appropriated out of the 5% Sinking Fund for payment of the following indebtedness of the City of Little Rock due and payable at the office of Halsey, Stuart & Company, Inc., Chicago, Illinois, on March let, 1939: Semi - annual interest at 5% per annum on $476,000 outstanding bonds - #112900.00 Service Charges Paying March 1, 1935 interest - 1/4 of 1% of #111900.00 29.75 Postage on shipments of paid and Cancelled securities - July to December 1937 inclusive .20 _. .... Total aAount du e #11,93®.65.. and the Mayor and the City Clerk are hereby authorized to issue'a warrant or warrants therefor, payable to the Peoples National Bank, in the amount and for the purposes herein recited. Section 2. That the City Treasurer is hereby directed to forward to Halsey, Stuart &Company, Inc., of Chicago, Illinois, out of the 5% Sinking Fund, the sum of $11,930.65 to pay the semi- annual interest coupons and service charges thereon, same being due and payable at the office of Halsey, Stuart & Company, Inc., Chicago, Illinois, on March lot, 1939. = , j Section 3. That this ordinance shall 'take effe0t In force from and after its passage and approval. iI Passed: Fehruary 21, 1939 ' Attest: City Clerk. i 'E Approved: Mayor.