HomeMy WebLinkAbout1966-03-22-RB-min.pdf Copy - Walter Spellman,Chief Engineer
Lexington Fire Dept.
Bedford Street
R W. PRESSPRICH & CO Lexington, Mass.
Raymond L. White, Town Accounta:
Town Office Bldg. an
Lexington, Mass.
March 23, 1966
1
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Visa Mary R. McDonough, Treasurer
Town of Lexington
Town Office Puilding
Lexington. Massachusetts 02173
Dear 'ii ss z cDonoughs
A Meeting of the Town of Lexington Retirement System Board
was held after due notice at the office of .the Town Accountant on Tuesday,
March. 22 , 1966 at 7330 P.M.
/-Th It was voted to instr.iot you./as Town Treasurer, on April 1,
1 1986 to withdraw the balance of 869,000 from the Lexington Savings Bank
/lizd to deposit same in your working account in the Depositors Trust Company.
It was further voted to withdraw from the Home Savings Bank on April 10,
s
1968 the 5�3,C14C there and to deposit see in the working account.
It was voted that the Chairman should invest these funds in
available securities, and I have contracted with Dick k Merle-Snith for the
purchase of --
410,000 Chicago Rock Island Equip Trust Ctfs. Ser. "5", 3 Oa, 8/1/1972 0 5.5O
-1Q,000 Louisville & Nashville " " " 4 1/4s, 3/10976 Yield
-10,000 Missouri Pacific R.R. " " 4 1/4s, 1/15/1977 on.
,.f10,000 St. Louis an Francisco " " ` 4 1/4s, 05/1975 all.
%hen you are billed, you will please pay for the securities,
-\17instructing Dick k Merle-Smith to register them and deliver to you.
L_
Yours very truly, ^
O
George P. Morey
/-4L\I
Chairman
Lexington Board of Petirer-eat