HomeMy WebLinkAbout4587ORDINANCE NO. 4587.
AN ORDININCE APPROPRIATING $40,230 FOR PAYMENT OF SEMI -
ANNUAL INTEREST COUPONS ON FUNDING BOND ISSUE OF
MAY 1, 1925, AND FOR OTHER PURPOSES.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK:
Section 1. That the sum of - 40,230 be and the same is
hereby* appropriated out of the Bond and Interest Fund of the
City of Little Rock, for the payment of the following indebted-
ness. due and payable at the Chase National Bank of New York City:
Interest Coupons No. 9, due May 1, 1930, for
semi — annual interest on Funding Bonds Nos.
123 to 1910, inclusive, dated May 1, 1925
(total principal being $1,788,000);
and the Mayor and City Clerk are hereby authorized to issue the
City's warrant therefor, payable to the Peoplets Trust Company
of Little Rock, Arkansas; the said People's Trust Company to
remit the amount received to the Chase National Bank of New York
City for the purposes herein recited.
+� section 2. That all ordinances or
parts of ordinances
in conflict herewith are hereby repealed and this ordinance shall
take effect and be in force from and after its :passage.
Passed April 14, 1930.
i
Approved:
Attest:
City Clerk. Mayor.