05.05.1950 Town Council MinutesVMEA 185
Prosper, Texas,
May 5, 1950.
A special meetin* of the Board of Commissioners
of the Town of Prosper, was held in the office of the
mayor, U.N.Clary, at Prosper State Bank, on 3.30 P.M.
May 5th, 1950:
Present were Mayor U.N.Clary,
Commisboner Roy Skelton,
Commissioner W.H.Fields.
Minutes of all previous asetins, heretofore
unapproved, were read, and upon motion, duly seconded,
they were approved.
All prevbously unapproved warrants, duly issued,
were, by notion and second, duly approved.
Commissioner W.H.Field intraikeed the following
resolution, which after being read and duly discussed,
was passed by unanimous rote of all present:
"Be It Resolved, That said Town of Prosper,
under the signature of its Clerk and Commissioner Roy
Skelton, be and *hwmmre: hereby is authorized to borrow
from Prosper State Bank, the sum of Ebght Hundred Dollars,
($ 800■00) binding the full faith and credit of the Town of
Prosper by promissory note in appropriate form, and by
proper lien on the 1950 Chevrolet truck bought by the
Town of Propper."
There being no furtherbusiness the meeting
adjourned.
304OUrY,
Mayor,