HomeMy WebLinkAbout02-20-1938 Special Meetingi ~
SPECIAL PEETING
OF TIB/
LA PORTS CItY COTJNCIL
FEBRUARY 20,1938, 2;00 P.T.
Meeting was called to order by Mayor Sharp with the following Alder-
men answering to roll tail: F.R.. Boyle, C.RR. Agee, J.J. Roark, Fred R. Ruff.
Mayor Sharp stated that the purpose of the xeeting was .+.,o consider the
offer of s~bttlement which Gayle Bros, have Wade in their suit against
the City, also the case of F.T. Baldwin against the City.
Gayle After some discussion a x-otion was offered by Boyle, second by Agee,
Bros that the City will settle their law suit with Gayle. Bros in the amount
of ~12,3(~j.00 of which X1,107.08 is to be paid in cash and the balance
financed by Bonds drawing 1.~ per any interest and payable ~p500.00 an-
nually, providing for an option after ten (10) years and that Gayle
Bros. pay the court costs. The motion was unanimously carried.
Phillips Motion by Boyle, second by Roark, that J.R. Phillips Investment Co. be
Tnv. empl~ted to handle the issuance of the Bonds in settlement of Gayle
Bros. c3aim.s against the City for a fee of X125.00. Carried.
Baldwih Notion by Ruff, second by Agee, that City Attorney Kiibler be instructed
suit to notify W.b?. Streetman that it is t~,e Cty-Councilts understanding that
he is representing the City of La Porte in the F.T. Baldwin law suit and
that the Council expects hin to continue to represent the City in the case,
also that he has the full cooperation of the City Council and staff in
preparing the defense in the case. Carried.
On motion by Ajree, second by Roark, the Council took ad~ourrs~ent.
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sere ary, Ci of LaPorte, Texa
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ayor, City o La Porte, Texa .