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HomeMy WebLinkAboutResolution No. 3320 RESOLUTION NO. 3- 3 2.- A RESOLUTION OF THE BOARD OF TRUSTEES OF THE CITY OF AZIISA PROVIDING FOR THE TRANSFER OF CERTAIN WATER STOCR BELONGING TO THE SAID CITY OF AZIISA. The Board oi' Trustees of the City of Azusa do resolve -as follows: Section 1. Whereas,the City of Azusa is the owner of and holds Three Hundred Twenty (320) shares of stock in the Azusa Agricultural Water Company,and WHEREAS,it is deemed to be for the Public Good and for the beat interests of the City of Azusa,to be represented on the Board of Directors of the said Azusa Agricultural Water Company, THEREFORE,it is hereby resolved th:.t- sharesof the said stock belonging to the City of Azusa as aforesaid,be transferred on the books of the said Azusa Agricultural Water Company,to a member of the Board of Trustees of the City of Azusa,to qualify said �` r rimer to become a member of the Board of Director%A.of sifa Azusa Agricultural Water Com- pany,said stock so transferred to -be held in trust for the City of Azusa,by the said for the purpose heretofore set forth. Section 2, The.Prealdent of the Board of Tr-datees of'the City of Azusa,and the City;Clerk are hereby authorized and instru- oted to take the necessary action to make the transfer of (4-Y sharesof the stock heretofore referred to. Section 3. The saidis hereby authorized and instructed to vote the remaining Three'- 1 eteen (31) shares of stock in said Azusa Agricultural Water uompany,at the annual meeting to be held Jan. 5 ,1914,or at any other stockholders meeting to.be held by said Company unt- il said power shall have been revoked by Resolution of the (1) Board of Trustees of the said City of Azusa. The City Clerk will certify to the passage of this 3eso- ='!��lotion and thereupon the same will be in full force and Sffect. = Adopted this 3rd day of J�uary 1914. Prudent of the Hoard of Trustees of the City of Azusa. Attest: City Cleric of the City of Azusa. STATE OF CALIFORNIA, ) ss. CITY OF AZUSA. } I,C.W.Bouldin,City Clerk or the City of Azusa,do hereby certi- fy that the foregoing Resolution was duly adopted by the Board of Trustees of the City of Azusa and signed by the President of said Board at a Special Meeting thereof regurlarly Noticed and called for the purpose of acting upon said Resolution,held on the 3rd,day of January,1914,and that the same was passed by the following vvote,to-wit: /� /n Ayes; a-�" 44", l.i�4 NrC.. l Noes: Absent: or the Cit9 of Azusa.