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SELECTMEN'S MEETING
August 20, 1956
A special meeting ,Of the Board of Selectmen was
called for the purpose of accepting bids for borrow-
ing on Monday, August 20, 1956 at 4:50 P.M. Chairman
Reed, Mrs. Morey and Mr."Maloney were present.
The Acting Clerk was also present.
Upbn motion of Mrs. Morey, seconded by Mr. Maloney,
it was voted to appoint the Acting Clerk as the Assis-
tant Executive Clerk.
Letter was received from Mr. James J. Carroll,
Town Treasurer, advising that the following bids were
received for borrowing:
$295,000 Library Bonds dated September 1, 1956,
payable September 1 $15,000 in 1957 to
1975 and $10,000 in 1976
$470,000 School Project Loan Dated September 1, 1956,
payable September 1 $25,000 in 1957 to 1974
and $10,000 in 1975 and 1976.
$215,000 Town Office Building Bonds dated September 1,
1956, payable September 1 $15,000 in 1957 to
1959 and $10,000 in 1960 to 1976
3%
First Boston Corporation 100.339
Smith, Barney & Co. )
American Securities Corp. ) 100.301
White, Weld & Co. )
Eatabrook & Co. )
Lee Higginson Corp. )
Hemphill, Noyes & Co. )
Weeden & Co, ) 100.279
Halsey, Stuart & Co., Inc.
Paine, Webber, Jackson & Curtis
Hornblower & Weeks, Inc. )
Cu./M & Burr, Inc. )
First of Michigan Corp.
Townsend, Dabney & Tyson 100.279
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The Merchants National Bank of Boston 100,
3.10%
Bankers Trust Co. )
Harris Trust & Savings Bank )
R. W. Pressprich & Co. ) 100.54
Harriman, Ripley & Co., Inc. )
Dwinell, Harkness & Hill, Inc. )
Lyons & Shafto, Ine.
Chase, Whiteside, West & Winslow ) 100.1967
Upon motion of Mr. Maloney, seconded by Mrs. Morey,
it was umanimousley voted that the sale to First Boston
Corporation at 100.339 and accrued interst of the follow-
ing bonds of the town, namely:
*295,000 3 per cent Library Bonds (Nos. 1 to 295) dated
September 1, 1956, payable September 1 $15,000
in 1957 to 1975 and $10,000 in 1976, and reelting
that they are issued pursuant to Chapter 44 of the
General Laws as amended and a vote of the town duly
passed.
$470,000 3 per cent School Project Loan, Act of 1948
bonds (Nos. 1 to 470) dated September 1, 1956,
payable September 1 $25,000 in 1957 to 1974 and
$10,000 in 1975 and 1976, and reciting that they
are issued pursuant to Chapter 645 of the Acts of
1948 and a vote of the town duly passed,
$215,000 3 per cent To Office Building Bonds (Nos. 1 to
215) dated September 1, 1956, payable September .].
$15,000 in 1957 to 1959 and 10, 000 in 1960 to
1976, and reciting that they are issued pursuant
to Chapter 44 of the General Laws as amended and
a vote of the town duly passed,
is hereby approved.
The meeting adjourned at 4:58 P.B.
A true record, Attest:
Assistant Clerk, Selectmen