12-04-1950 HUCM(135)
There being no further business, the meeting was adjourned.
R. W. Dahl, Secretary.
AT
R. I. Sifeppard,, President.
December 4, 1950•
Regular Meeting.
Due to the fact that all commissioners were unable to attend the regular
meeting on December 4s 1950, it was scheduled to be held on Thursday, December
7, 1950.
CEt
R. W. Dahl, Secretary.
December 7, 1950.
Regular Meeting.
The postponed meeting of the Light and Power Commission was held on December 7,
1950 at R. I. Sheppard's office at 7:30.
All commissioners were present, also Supt. Young.
The minutes of the last monthly meeting and adjourned meeting were read
and approved as read.
A motion was made and seconded to order a new addressograph machine at a
cost of $735.00.
The motion was made by Commissioner Thompson and seconded by Commissioner
Dahl - - -- Due to the fact that only $10,OJO.00 is insured in any one bank and
it being the desire of the Commission to. establish a reserve, a motion was made
and seconded to invest all surplus in Certificates of Deposit in the following
banks:.
Federal Savings & Loan,Hutcninson, Minnesota.
Citizens Bank, Hutchinson, Minnesota.
First National Bank, Hutchinson, Minnesota.
Any banks in McLeod County willing to accept
Certificates of Deposit.
The motion was made and seconded to
grant each employee
a Christmas Bonus
of $25.00 net.
The following bills were alloweds
Reinhard Brothers Co
734.1 04
3• �5
M. J. Higgins Agency
798
53.40
John A. Clark Electric Co
113.2
78.18
Culligan (omit)
Am. Linen Supply Co
730.5
9.97