1941-03-17 - Laserfiche WebLink

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568 The Company saw no reason why the sign could not be shifted. , Mr. Sarano moved that the bus stop sign be moved. Mr. Locke seconded the motion, and it was so voted. Mr. Paxton asked if the Board wanted him to advertise for bids on sand and gravel and the Board told him it would be Sand -Gravel all right if he merely sent out the usual letters and omitted Bids advertising in the paper. A copy of the agreement between the Lexington Trust Co. and the Board of Selectmen, representing the Town of Lexing- ton, was received as follows: AGREEMENT made this eleventh day of March, 1941, between the TOWN OF LEXINGTON, a municipal corporation in the Common- wealth of Massachusetts, hereinafter called the "Torn", and LEXINGTON TRUST COMPANY, a banking corporation organized under the laws of said Commonwealth, having its (principal business in said Town, hereinafter called the "Bank'; WHEREAS, the Secretary of Agriculture, to effectuate the Food Stamp Plan under the Surplus Marketing Administration of the United States Department of Agriculture, issued cer- Agreement: tain Regulations relative to the operation of the Food $tamp_Plan Food Stamp which became effective July 1, 1940; and ' Plan WHEREAS, it is proposed to inaugurate the operation of the Food Stamp Plan in said Town, which has been or will 'ie designated by Surplus Marketing Administration as an area in which Food Stamps may be used; and WHEREAS, it is the desire of the parties hereto to put said Food Stamp Plan in operation in said Town forthwith; and WHEREAS, the maintenance of an adequate supply of Food Stamps for the operation of said Plan within said Town will require a revolving fund of approximately Five Thousand Dollars; and WHEREAS, the Bank, in order to facilitate the inauguration of said Food Stamp Plan, is willing to provide money for the purchase of Food Stamps for use by the Town in the operation of said Plan; and WHEREAS, it is the purpose of this Agreement to assure the Bank for the return of such sums as it may provide from time to time for the procurement of said Food Stamps; NOW, THEREFORE, in consideration of the premises and of the mutual agreements herein contained, the parties hereto I agree as follows: