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.5-0 <br /> R E S O L U T I O N <br /> BE IT RESOLVED BY THE MEMBERS OF the Evangelical Free Church <br /> of Grand Island, Nebraska, at the special meeting of said members <br /> called for the purpose, on Thursday, June 16, 1955, at 7:30 o'clock <br /> P. M. of said day at the church building at 705 North Sycamore <br /> Street, Grand Island, Nebraska; that the Board of Trustees of said <br /> church be and they hereby are authorized, empowered, directed and <br /> instructed to borrow from the Commercial National Bank of Grand <br /> Island, Nebraska, the sum of Eight Thousand ($8,000.00) Dollars <br /> payable within ten (10) years with interest at 5% per annum, <br /> payable monthly, payments to be made on said loan at the rate of <br /> $,8488 each month; that said Trustees shall pay all neces- <br /> sary expenses in connection with obtaining said loan and shall <br /> secure said loan by executing and delivering a first real estate <br /> mortgage to said Commercial National Bank covering the church <br /> property described as Lot Five (5) and the West twelve (12) feet <br /> of Lot Six (6) in Block One hundred twenty-eight (128) of Union <br /> Pacific Railway Company's Second Addition to the City of Grand <br /> Island, Nebraska. <br /> Respectfully submitted this 16 day of June, 1955. <br /> Members of the congregation <br /> It was regularly moved by A. E. Holmberg and seconded by <br /> Herbert Lockwood that the above resolution be adopted, <br /> and upon roll call 22 members present voted in favor of <br /> the adoption of said resolution and no members opposed <br /> its adoption. <br /> Filed for record August 25, 1955, at 8:45 A.M. 4-3-4L1 . <br /> Ler ' f Deeds <br /> a _ ounty, Nebraska. <br />