187143Original to City;blerk
` CITY OF ST. PAUL COUNCIL NO.
OFFICE OF THE CITY CLERK - � � ==
Council File No. 187143 --By Mrs. Donald
COUNCIL ESOLUTION— GENERAL FORM
I M . DeCourcy-
Whereas, The, American National
PRESENTED BY �'}� Bank of Saint Paul, Minnesota, has 1
COMMISSIONE ' " e DATE beei},dgsgnated as deposit<ory.of aublic�
WHEREAS, the American National Bank of Saint Paul, Minnesota,
has been designated as depository of public funds of the Ramsey
County Welfare Board of the City of Saint Paul and County of Ramsey
and
WHEREAS, the said Bank has assigned, transferred and set
over and delivered to the said Ramsey County Welfare Board the
following securities:
$4000000 U. S. Treasury Bonds 2y2% 11 -15 -61
$200,000 U.S. Treasury Bonds 2%2 11 -15 -61
and
WHEREAS, said securities. are delivered to the Ramsey County
Welfare Board under and pursuant -b the Laws of the State of Minnesota,
to the end that said Bank so depositing and assigning the said
securities shall and will,safely keep and pay over to the Ramsey
County Welfare Board,, on its order or demand, all moneys deposited
in said - B;ank- by the said ,Welfare Board, now therefore be it
RESOLVED, that that certain assignment transferring, setting
over and deliv eking to the said Ramsey County Welfare Board the
following - securities for the purposes mentioned,
$400,000 U. S. Treasury Bonds 2yz% 11 -15 -61
$2009000 U. S. Treasury Bonds 2!2% 11 -15 -61
and the said assignment of the specific securities is hereby in all
things approved and ratified.
COUNCILMEN
Yeas Nays
DeCourcy
Holland
ASS CI- M
Mortinson
Peterson
Winkel
Mr. President, Dillon
5M 2 -57 `2
. -. Xx
Ir
APR 2 3 1958
Adopted by the Council 195—
APR 2 3 1958
Approved . 195—
Mayor
a
DupHeate'to_P.rinter •
1 CITY OF ST. PAUL COUNCIL NO. 1 -8 7 1x`A
3
OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION — GENERAL FORM
PRESENTED BY
COMMISSIONER DATE
WHEREAS, the American National Bank of Saint Paul., 4innesota,
has been designated as depository of public funds of the Ramsey
County Welfare Board of the City of Saint Paul and County of Ramsey
and
WHEREAS; the said Bank has assigned, transferred and set
over and delivered to the said Ramsey County Welfare Board the
following securities:
$400.1000 U. S. Treasury Bonds 2VA 11^15 -61
$2o0,000 U. S. Treasury Bonds 2% 11-15-61
and '
WHEREAS, said securities are delivered to the Ramsey County
Welfare. Board under and pursuant to the Lags of the State of Minnesota,
to the end that said Bank so depositing and asaigning the said
securities shall and will safely keep and pay over to the Ramey
County Welfare Board, on its order or demand, all moneys deposited
in said Bang by the said Welfare Board, now therefore be it
RESOLVED, that that certain aeignment transferring, setting
over and delivering, to the said Ramsey County Welfare Board the
following securities for the purposes Mentioned,
$400,000 U. S. Treasury Bonds 2VZ% 11 -15 -61
$200,000 U. S. Treasury Bonds 2�% 11 -15 -61
and the said assignment of the specific securities is hereby in all
things approved and ratified.
COUNCILMEN
Yeas Nays
DeCourcy
Holland
M*AW&
Mortinson
Peterson
osen Winkel
Mr. President, Dillon
SM 2 -57 oqW 2
n Favor
Against
Adopted by the Council APR 2 3 ]958 195—
APR 2 3 1958
Approved 195—
Mayor
CSIRECTORS
MICHAEL F. ETTEL, CHAIRMAN SAM'S. GRAIs. VICE- CHAIRMAN
LEO L. ZACHMAN, M. D.
MRs. E. A. PREnom
WILLIAM E. BRENNAN
Rum L.BowMAN
ASST. EXECUTIVE SECRETARY
(Countp Welfare 38oarb
of the
Up of Saint Paul ant (fountV of Santul!
476 St. Peter Street
Saint pant z, Minnesota
April 15, 1958
Honorable Joseph E. Dillon
Mayor of the City of Saint Paul
President, City Council
Room 347 Court House
St. Paul 2, Minnesota
Dear Mr. Dillon:
DIVISIONS
ADMINISTRATIVE SERVICES
FISCAL SERVICES
MEDICAL SERVICES
ANCKER HOSPITAL
RAMM COUNTY HOME
SOCIAL SERVICES
PUSLIC ASSISTANCE
SERVICES TO CHILDREN
Attention: Joseph Okoneski
I am attaching four copies of an assignment of securities
by the 'American National. Bank of St. Paul in consideration of its designa-
tion as a depository of public funds of the Ramsey County Welfare Board.
This assignment has been approved by the Board of County Commissioners
of Ramsey County as of April 7, 1958. We are now submitting the copies
of the assignment to the Saint Paul City Council for approval and signature.
As soon as the City Council has approved and signed all
four copies of the assignment of these securities, would you please return
three copies to me, keeping the fourth copy for your official file. I will
then send one copy to the Board of County Commissioners for the County
Board files and one copy to the American National Bank. One copy will
be retained by the Ramsey County Welfare Board.
Sinc ly,
( ss) Ruth L. Bowman
Assistant Executive Secretary
RLB /aj
Enc . 4
cc - Joseph Mitchell
.Eugene Monick
j
Agrnrg Siember of the American Public 333rlfare Association
I X143
wligneAS, tha Aswrican NatiOnsl Bmsk of -Saint va l o' mirm000top
-has boon do4lignatOd as *i��rY of bllo �ui�ds �� ant f Ro
Cour�'taiara gad of he tt stint Pain. and County �� �a�vo
and -
W14 Mi,
tho *aid Bank has assignad� tranaf*arad and 32t
ovor and dolivoraad to- the *aid 11a94410y County t14UOro Soazd tea
�'vilo�ir3�t�g sacur�.t�.aa
s400,0000 U'. - S. Tweasury Band* V-1 Tt -15 -61
$20 ()00 fit. � �roa.aury 8=44 ZZ jj -15•61 r
to
rameAs, said oouritiac .are . doiiverp d �� 'tha Ra��cay C�eant�r
Woifaro Sotrd undox and �pu *uent to the Law* of the hate Of JUM046to o
to the end that, said Dank aW d0p0t1t1n.0J and aaaigning the said
40CUritIa4 and1 and Wi1.1 aajaly keep and ,pad' -Ovox to the RbMUOY
Count 'Walfaro so. -sad1, on ita ordor or dogzadv all ncys; depositod.
in tad Sank by tbo told xt°aUaro Ordt AM thorn *rq .ha- it
#.VS 4 that. t- axtsi
n
ann taniir+:
v€ x and d0jjvQtjAg to t o void its =oy county vt�lravo rd tha
following *ocuritiaa for t q pUrpo —aaa nti :nod..
$2010j000 U. S. Txoa4u*y Bond*
and thy' *aid assig rnt 01' `the 4peoif.14 voouxitlov iv hex b in all
thin* aP ov* 04d rat.it,Ud.
= xxxxxa
WinkaY
APR 23 1958
- APR 2 3 1958
NO
Jr
187143
7N 3 f THESE
� � : - • • • • • • • • • • • • • • • • • • • • • • • • r• • • • • • ��n� ifs • • • • • a • +• +• • i • • • • • • • • • • • • a • s
- ati3a organized and cxisting under the 17-•:a of the..
:i jo a banking business in the State of ; I. vierats, in ca.z I,dera., _ A
r ^
-t,- a:. a depository of public funds of the Ramzzy Cou-ity V, elfui a
tit :.nt ijaul and County of Ramsey, State of Minnesota, as hereinafter z. cr.
hereby assign, transfer, set over, and deliver to thz Ramsey County V. elf:.rc
of z:ic City of Saint Paul and the County of Ramsey, State of Minnesota, the
200,000 V S 'I& • r,RY r"
t
Tae zaid securities so assigned are herewith delivered to the Ramsey C,_unty
11+e!*Rre Board, said Coaaty of Ramsey as.�d City of Saint Paul ua:der and pursaaua Le
t:is statutes if the State of Minnesota, relating to depositories of public funds, and t.: Lr a
end Viat said Bank so depositing and assigning such securities, shall and will safely re
and pay over to the Ramsey County Welfare Board of the County of Ramsey ar-'s City 0
"'0 -t Oaul !)r its order on dozaand, tree of c c- aage or any other cha„kes. All n.4AAcYc
now or hereafter deposited in such bank of said Ramsey County Welfare Board at any
time %dile such bonds shall be so d ®posited.
In the case of default on the part of said Bank, the Ramsey County Welfare Boa:
the County of Ramsey, and the City of Saint Paul, State of Minnesota, 'acid its gor*rran; -,
bodies and officers shall have full, power and authority to sell such ciecurities, or so
thereof as may be necessary to realize the full amount of the funds so deposited by rai.'
Ramsey County Welfare Board in said Bank, and to pay thi balance or everplus• if any,
to said Bank or its assigns, - it being understood; howivar,' tut t ii'isiid fti►iniiy Go:i.t,
XYClfare Board, or its successor in office, shall return said securites to the said Bark
when the trust created hereby is terminated, and in the event of a reduction +v, the
6eao:.it, .i: chall permit the said Hank to withdraw the excess port±on r.Ai t`ae` coi:N -crag
JAIL! CZA. Paul, Minnesota, this ' th , dry of i fir,•, 1 �
r
.............
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V 6- %kf .
U GL U N JK Q { {i GOU N J Y ®.\9/7111.,! COUNTY AUDITO R I RJ 5 U
=$ + kAMSEY COUNTY, MINN.
COUNTY AUDITOR
File flQ �(�����
8 PRESENTS kAMSEY COUNTY HINN. e
s.. .KNOW ALL MEN Y THESE .� r t . F,:
r ....... .......
American rational St- pRU] -. Mnnesote
That ;;the ....... . ..... . ....... • ......... Bank of.... t , ..... .:... • ..... .
a banking corporation organized and existing under the laws of the .,Uni :Stated ,
and; authoriztJd to do a banking business in the State of Minnesota, in consideration of
its designation as a, depository oft-public funds -of the Ramsey County Welfare 'Board of
the City of Saint Paul and County of Ramsey, State of Minnesota, as hereinafter speci-
fied, does hereby assign, ' transfer, set over, and deliver to the Ramsey County Welfare
Board of the,ZCity, of Saint Paul and the County of Ramsey, State of Minnesota, the
following seduritiees ........ .
. • .. �I.M AAA Y• .1 axi,,r+.. r....r .. w..w.w. _♦ i. � �i _ �_
. . . . . . . . . . . ,: . . . .
The said securities so assigned are herewith delivere;1 to the Rame'ey- County
Welfare Board, said County of Ramsey and City of Saint Paul under and pureua.nt to
the statutes: oa :Lhe State of Minnesota, relating to depositories of public funds, and to the,
and that said r. Bank so depositing and assigning such securities, : ®hell -and' wih Safely deep
.
and pay. over to the Ramsey County Welfare B ®aid' o£'the "Comity bf RaJi�cisey �irid City of
Saint Paul or its order on demand, free of . exchange_or -any_ other charges, .all. money. s
now or hereafter deposited in such bank of sane] Ramsey County Welfare Hoard at any
time while such bonds shall be so deposited,
in the case of default on the part of said Bank, the Ramsey County Welfare Board,
the County of _,Ramsey, and the City of Saint Paul, State of Minnesota; and its governing* • •
bodies and officers shall have full power and authority to sell such dbecurities, or, *0 much
thereof as maybe necessary to realize the full amount of the funds so '-depostted by'said
Ramsey County Welfare Board in said Bank, and to pay We balance oird ►erplVi%t jf ,&#y,
to said Bank or its' assigns, - it being understood; ' owever,' that 'the said RdriabeyC "ounty
Welfare Board, or its successor in office, shall return said securites to WW said Bank
when the trust created hereby is terminated, and in the event of a reduction in the
deposit,' it shall permit the said Sank' to withdraw the excess 'portioa of the_cQllateral
hereby assigned -as'provid ®d by lave:
Dated atSt, Paul, Minnesota, this 2 th , day Of March , :19 +` •'ta`
" !TH3C Ari RICAN- IlATIC";IAL" - p
inpr. ence of:;. - _ f • •1s •`• •+ r L ..:.....
0 0. 0 0 Presidersit
• • . • • . • '090Q964608
...l.��t. ✓; .,...
Cashier