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<br />BY <br /> <br />("'-- <br /> <br />GO!'!:lsen <br /> <br />An emergency ord1mmoe ..tho1'1¡¡¡lngthe ¡¡¡,dJ\.U\tll!(\nt of E;U1U"a.ntee <br />4epodta wit)'! The Entel'prhe Pa'V1ne¡ a.no. Consbuctilm Com;¡;:,any on oon- <br />traota for 1m~)rov1n¡r tianoI' park. Hc:Unley and. $t.C:J:au:les Àvel1uu 1n <br />the c1ty ot Lakewood. <br /> <br />Mr. <br /> <br />&578 <br /> <br />ORiJI1W1CE :Ii<;. <br /> <br />Whereas. t.he cd.ty .,nt.red into contr..,cte with The Enterprhe PaY" <br />lng e.nd Cons\ruct;\.CIJ'1 º~ tor 1m:,Qroving 8tree\6 alii foJ.1OWfU <br /> <br />per .ø.t <br /> <br />4, 1928, JIN1Ct- Park Reaurtao1ng <br />1928t ~01'iI)1ey ",Vèt\U.e aC"$urtae1ftB <br />¡. 19213, St. Oblu'les AverœeRosurtatS.Þg <br />J 'j f .! <br />and undlu..t.he oontt-l\ct8 t'et.dnèd .. IUlU'antH fUndoft1T. <br />f/l,mounUn¡ t.. <br /> <br />Se pt 1!mI'¡\)Ot' <br />August ~. <br />Septem_,,' <br /> <br />I<,j <br /> <br />kn.œ' Park Bt!$\U'fe.o1ne;.$'S6.14 <br />IicK1n1ey ÀTenuo bsurtae1ns'" """'....' ...., J,68.80 <br />$t.Cha1'J.es Annue R.ewrtc.c1~- '49.'5 <br /> <br />Whereäs, these tmQunta WUCiI depodted in ..parat. oaT1ng$ .... <br />cow:ttsln The QU1lW41an Truet Qoa¡>any to 'be held tor a por1.oci of nT. <br />)1enrs, _ ¡ <br /> <br />and. <br /> <br />'ß'horeul the Guarcl1an TJ'Ud COI1:;:,t>.ny on :lfe'bruQl'"¡ 25, 1933, went <br />1nto l1quidat on. and t.he l1qu1dator on October 20, 1933. reJ eoted the <br />proQf of ole.im .f the oU1 of Lakewoocl on tM8è 4el,)odte holding tht.t <br />they were th~ pro~erty of the oontr~ctor, er.d to protect the interest <br />of 'tr.t: o1ty an eotion W~f\ brought ~dn&t 11M, l1quidator of The Gu¡¡.rd- <br />1n.n :ï:ru¡;;'t Corn¡)tmy (In t.he tl.Øoounh. Upon heari~ the court on ¥ebr\u,,%'Y <br />8. 1935, held. '\lJ.t>.t thE, eavingn deposita 'belonged to '¡,e oUy of lùewo! <br />a$ t!. e;enerù oreditor but Þot at! ;preferred c1eJ.mÐ eecured 'by tho pledg- <br />ed 81\'10u1'it7. a.nd the eU7 wou14 'be ent.$.tled to the ci1vUenda d.edared <br />en add lìi4oount$, -.Nt ' <br /> <br />, <br />J <br /> <br />1 f <br />¡ . <br />V/ilereas. \}¡e Oit1 hÞ ~tU;e1....d trom the·· Ouarc11e.n !f;rust ComþÐZ'\Y <br />4hidellds Ø'JIQunting to thirty/per eent of lI!a1d ciepodtÐ t>.mounUng '0 <br />$521,03 and l.-vlng 8. balance of $93~.56, ¡ ~ci <br /> <br />r <br /> <br />V1hereas. the oonu¡;¡Otor cies1res ~t ~nt 'be _de w1t.hoV.t <br />we.1t1r¡B: for any fUrther 41v1den4B from The Oue.rdhnTrust. CO$PIiI%11.and <br />1\ ELprd¡¡~ra desirable 'h ~. "ettle:ø:n\ with t.!\G contrnohl'l anð. <br /> <br />Therèan, an emergency exb't.s to provicie for thO\) \HIUt\l 4.,111 op.. <br />.ration of rnuJÛ.oip¡;.l de¡;arlments aM to adjust wd t'.écQUntø. <br />, <br /> <br />U(ìw .'l'J\¡;:n¡¡:Ji'om~, BIt 1'.1' CHDAltirQ) 1h THE; cù1JNCIL o};' 't};];: CIT.( oJ' <br />¡,¡J:j;V;OCD. STATE OJ' (m:w. two-thirds of ".11 members thereof oonou1.'1'.1%lg. <br /> <br />I <br />~ <br />i <br /> <br />~ <br /> <br />~. -- <br />Section 1. That tha m~o:r as d1reotor of þu'bliC work¡¡ bE¡ and he <br />11;; hereby ø.uthorbed to (l.dJur¡t with the Ctmtrv.otor l!&1d gua:rr¡J1tee ~.. <br />count!) by ¡¡liIylng t}le rnnount of the bt\1anoc trom City Portion Paving <br />f\.tnd.together with the dividends hez'ctotoré paid 'by :l:heGua:rdie,n Trust <br />Comp,,-r.,. on sldd aooounta, e.r.d to credit. to &c.id fund any f\.trther 111- <br />vidElr.d¡;; 4eclared 'by The Gue-rcUan 'trust COtD.Jf+.l'Iy as tQ ßEdd ac~l1untBt <br />a.nd tiel¡1 direotor of finance if' ciereby &i.uthcdzed to mW;e p6;Y11\ent of <br />ß!J,id mt¡ot.!.nt trOl1'l $n1d fUr-A u ô;t\ vouchtU'& duly approved by the direotor <br />of p\~Þ11c wor1æ. <br /> <br />--~............. <br /> <br />---..--"-"'""""-.......,...........,-.-- <br />