I
MEETING OF JULY 1, 1949
THE BOARD OF EDUCATION OF THE CITY OF OKLAHOMA CITY, OKLAHOMA MET IN REGULAR SESSION IN THE BOARD ROOM, ADMINISTRATION'BUILDING, FRIDAY, JULY 1, 1949, AT 11:00 A. M. O’CLOCK.
PRESENT:
John C. Pearson, Jr., President Dr. N. L. George, Clerk
Vernon Beals C. B. McCray ABSENT:
R. Lewis Barton Ira Williams
Other officials present: Dr. F. W. Hosier, Superintendent; Laura A. Bechtel, Assistant Superintendent, Elementary Education; Dr. Chester Swanson, Vocational Education; C. S. Wallace, Assistant Superintendent; Research-Pupil Personnel; Mr. George H. C. Green, Treasurer; John W, Prigmore, A uditor; and Mary A. Thacker, Recording Secretary. Absent: W. A. Lybrand, Attorney, and M. J. Burr, Assistant Superintendent, Personnel-Secondary Education. The meeting was opened with prayer by the President, Mr. Pearson.
Prayer
The School District Treasurer reported that on July 1, 1949 he had to call in three bonds: Nos. 102166-67-68, U. S. Treasury Savings Notes, Series C, in the amount of $1,000,000 each. The redemption of these bonds as needed was approved at a meeting of the Board of Education, November 22, 1948.
^Report of (Redemption (of Bonds
Motion was made by Mr. Beals and setznded by Mr. McCray to authorise and direct the School District Treasurer to invest $2,700,000 in U. S. Treasury Certificates of Indebtedness, Series G, 14 per cent due October 1, 1949,at a price of $100.069194 and accrued interest. The motion carried on roll call, all members present voting "Aye." The report of the Assistant Superintendent, Business Management-Clerk for the month of June was presented as follows:
Oklahoma City, Oklahoma July 1, 1949
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Dr. Fred W. Hosier, Superintendent Oklahoma City Public Schools Dear Dr. Hosier: The following matters are presented for your consideration:
BILLS FILED WITH THE BOARD OF EDUCATION FOR PAYMENT JULY 1, 1949: Item #l-a — 1948-49 GENERAL FUND
$ 34,583.21
Item #l-b — 1948-49 SEPARATE FUND
Item #l-c — 1946
4,120.21
BOND FUND
116,962.84
Item # 1-d— 1948-49 BUILDING FUND
62,886.15
TOTAL------------
(See following pages for list of bills recommended for payment.)
$218,552.41
j k. #269
(Approval to [Invest in U.S ,Treas. Cert. ■of Indebtedne ieport of Ass't Supt. Bus. Manageme Clerk,for Jun