2~~
should be invested as required by law, arzlthat the amount presently available could be invested
advantageously in Stanton Independent School District Bonds, it is ordered on motion by
Commissioner Stone, seconded by Commissioner Mosty and unanimously approved by the Court that
the Chas. Schreiner Bank be authorized to invest all presently uninvested funds on deposit in
the account of the Karr County Permanent School Fund, as nearly as practicable, in Stanton
Independent School District Bonds, in the amount of X3000,00 par value, due May 15, 1986,
doing so at the Bank's discretion, whenever such bonds can be purchased at par or below,
o-o-o-c-e-o-o-o-o-e
N0. 9958 ORDER EXERCISING OPTION TO PURCHASE ONE CATERPILLAR N0, 112 MOTOR GRADER
LEASED UNDER CONTRACT DA'PED APRIL 11}, 1961}.
On this the 12th day of April, 1965, came on to be heard and considered by the Court
the Lease Purchase Contract executed by Kerr County and the W. K. Holt Machinery Company on
April 1'y, 196(} for one Caterpillar Motor Grader and it appearing to the Court that payments
on the said contract are due on April ll;, 1965, 1966, 1967, 1968 and 1969, but that sufficient
funds not otherwise required are now on deposit in the County Depository of Kerr County and
that a saving of interest payments on the total unpaid balance of this contract could be
effected by exercising the option to purchase the said motor grader under the terms set forth
in said contract;
It is ordered on motion by Commissioner Schwethelm, seconded by Commissioner tone, and
unanimously approved by the Court that Kerr County exercise the aforesaid option as set forth
in the aforementioned contract and declare its intention to purchase the said motor grader as
of April 14, 1965, by making payment of the total balance due on the original contract plus
interest at 4F~ per annum on said balance from April 14, 19614, to April 14, 1965;
And it is further ordered that the Clerk and the Treasurer be authorized to draw the
following voucher on the Road and Bridge Fund of Kerr County payable to the Chas. Schreiner
Bank, assignee of W, K, Holt Machinery Company, said voucher to be accompanied by a certified
copy of this order:
Balance due on Caterpillar No, 112 Motor Grader
Serial No, 68E12.64, as per contract dated April 1LF, 19614. X13,800.00
Plus ~~ interest from April 1!}, 1961} to April 14, 1965 621,00
Total 1 , 21.G0
o-o-o-o-o-o-o-o-o-o
N0, 9959 APPROVAL OF REC~UEST OF BILL N. RECTOR FOR MILITARY LEAVE
On this the 12th day of April 1965, upon motion made by Commissioner Bartel, seconded by
Commissioner Mosty, the Court unanimously approved that the request of Bill N, Hector to
perform tour of active military duty for ten days beginning April 19, 1965, be granted,
o-o-o-o-o-o-o-o-o-o
N0, 9960 REDUCTION OF MONTHLY ALLOWANCE OF GEORGIE STEVENS
On this the 12th day of April 1965, upon motion made by Commissioner Bartel, seconded by
Commissioner Mosty, the Court unanimously approved that the monthly allowance for Georgie
Stevens, payable to the Sunnyside Nursing Home, be reduced to $62.00 due to increased payments
of the State Department of Public Welfare, effective as of April 1, 1965,
o-o-o-o-o-o-o-o-c-o
N0, 9961 ORDER GRANTING ASSISTANCE FOR LEE TAYLOR
On this the 12th day of April 1965, upon motion made by Commissioner Stone, seconded by
Commissioner Mosty, the Court unanimously approved that Lee Taylor be granted assistance in
the amount of .x"67.00 monthly, payable out of the General Fund, payable to the Colonial Rest
~~
^I