HomeMy WebLinkAbout09-28-1939 Special MeetingSTATE OF ALABALTA
C OUNTY OF BAIMVIN
The Town Council of the Town of Fairhope met in Special
Session at the Town HallgMursd"ayyeptember the 28th.,1939
at 11.30 A. It. with the following members present: Council-
men H. P. Kamper, M. 0. Berglin, Sam Dyson, J. 0. Stimpson
and C. A. Gaston. All councilmen waived right of written
notice.
It was moved by Councilman 11. 0. Berglin, and seconded by
Councilman J. 0. Stimpson that Councilman H. P. Kamper act
as Chairman due to the absence of the Mayor. Motion Carried
Moved by Councilman h. 0. Berglin, and seconded by Council-
man Sam Dyson that the following terms of Fairbanks, worse
& Company covering the purchase of a 450 HP Diesel Engine
at a price of $24,850..00 are hereby accepted, to -wit
Twenty -Four Thousand Eight Hundred and Fifty Dollars�t249850.00)
60 days after completion of installation, or covered by 72
notes maturing in regular monthly order, The first note due
and payable 60 days after completion of installation, and
that the 11ayorh acceptance of these terms on September 7th.,
1939 is hereby approved, and that in accepting these terms, it :b
is contemplated that a cash loan will be negotiated, however
surplus revenues are adequate, and funds are hereby pledged
to be set aside to take care of notes as they mature if this
is not possible. Motion Carried
It was duly moved and seconded that the meeting adjourn.
-lotion Carried.
Approved.,:,
Chaff man
Att st:
Clerk