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and by <br /> <br />Approved - <br /> <br />the following vote: <br /> <br />Ayes: <br /> <br />Nays: <br /> <br />Leigh, Fox, Grimes, Howard, Hutchins,'Lawrenoe, <br />Weiseman, Wilson <br />None. <br /> <br />Warren, <br /> <br />On mot ion adjourned. <br /> <br />0ity 0terk. <br /> <br />President. <br /> <br />February 23rd, 1937. <br /> <br /> At a regular meeting of the City Council, held Feb~Gary~3rd, 1937, at 8:00 <br />P.M., there were present: <br /> <br />John p. Leigh, Leslie T. Fox, George L. Grimes, James N.Howard, W.R. Hut- <br />chins, F.D. Lawrence, C. E. Warren, H. Earl Weisem~n, Pearle J. Wilson, <br />City Manager. <br /> <br /> Minutes of regular meeting held February. 9th, and special meeting of February <br />19th, were read and approved. <br /> <br />The following communications from the Oity Manager were read: <br /> <br />1st - ~he Manager presented the following ordinance: <br /> <br /> "AN ORDINANCE REQUIRING PERSONS WHO BUY SECOND-H~ND <br />BUILDING MATERIAL EXCEPT FROM A LICENSED D~ER, TO KEEP A <br />DAILY RECORD THEREOF AND FUBNISH THE SAME TO THE CHIE~ OF <br />POLICE" <br /> <br />Motion of Mr. Fox ~o place same on its first reading, was adopted. <br /> <br />2nd-- The Manager presented the following ordinance: <br /> <br /> "A~N ORDINANCE NAMING IT UNLAWFUL TO ENTER UPON ANY VA- <br />CANT BUILDINGS OR THEIR ENCLOSURES, WITHOUT THE CONSENT_ OF <br />THE OWNERS, <br /> <br />Motion of Mr.. Howard to place said ordinance on its first reading, was adopted. <br /> <br /> 3rd - "The ordinance passed many years ago, segregating funds from the Olive <br />Branch Cemetery, has cost the City, up to this time, between ten and el-even thousand dollars, <br />the di. fference between the interest allowed by the bar, ks 'and the interest the City paid ~he <br />banks when it borrowed the same money. <br /> The ~mount of the fund now is in exc~ess of $60,000. and the City is <br />paying the banks 2~% for taking care of this money. <br /> I recommend that the ordinance relative to this fund, passed by the <br />City Counc-il on October 10th, '192~, be annulled, so that the $60,000. may be ~oplied to the <br />Floating Debt, which will cu~ this deb~ down from $410,000. to $350,000. If the arrangement <br />now existing should continue ten years longer at $1,500. a year, it would cost the City an <br />additional $15, O00." <br /> <br /> Motion of Mr. Hutchins to concur-in the Manager's recommendation and that the <br />City Attorney be authorized to presen~ an ordinance covering the same, was adopted. <br /> <br />The following communication from the City Attorney was read: <br /> <br />"At your meeting held on January 26th, you referred to me a letter from Mr. <br /> <br /> <br />