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54 <br /> BARCH.let,1933. <br /> The Regular Administrative Session of the City Council was held on <br /> Morel let,.1933,10-30 A.1.,Mayor Edwards in the Chair,Co®feaicners Costello and <br /> Ericson present at roll call. <br /> Himute:of February 28th,1933 read and approved as of record. <br /> Moved Edwards,seconded by Costello,that Resolution No.3748 be <br /> adopted as follows, . <br /> • RESOLUTION No.3748. <br /> oovtalm the <br /> fallawfngi <br /> WiBREAS,the Lae.Will and Testament of LEONARD HOWARTH,Deceased, <br /> $"n <br /> "SEVENTH, I direct said executors and trustees to pay over to the <br /> City of Everett,Washington,or 1n their discretion to any department thereof or <br /> any private or public,1110 charitable organization or :elation therein,the total sum <br /> ,of$70,000 in cash or Its equivalent In stook:,bonds or othereemrltieel•and <br /> WHEREAS,the executor.of Bald will and thetrustees thereunder in <br /> relation to paid bequest h submitted to the City of Everett,Snohomish County, <br /> Washington,an offer in word.,letters and figures,as fcllowe, <br /> "To EVBRETT,A Municipal Corporation in Snohomish County,in the <br /> State of Washington, <br /> The undersigned are executors of the last will and testament of <br /> Leonard Howarth,Deceased,and'trueteee under said will. Included 3c,said will ie a <br /> bequest couched in the following tangusg. <br /> ommallt1 direct eald executors and trustees to pay over to the <br /> City of Everett.Washington,or in their discretion to any department thereof or <br /> any private or public charitable organization a association therein,the enm <br /> of 174,000 1n cash or Ste:equivalent 1n stocks,bonds or other securities,* <br /> In the exer00.:of the 11,000tion vested in them by the term,of <br /> said will,the undersigned as such executors and trustees,will elect the City of <br /> Hverett,Snohomish.County,Wsehington,ae the r cdpient of.said bequest 1t it shall <br /> be finalladjudicated by a court of competent Ihriedetien in a proper proeeeding <br /> that the payment of said bequeath,said City in accordance with the terms of this <br /> offer will be a compliance with the provisions of said will In regard to said be- <br /> quest and if:Maid:City,by appropriate reoolution.ar ordinance,Will to re- <br /> calve said sum in full payment and satisfaction of said bequest and w011 ill 00 use said <br /> sum exclusively for the acquisition of a eultable site in said city for a public <br /> library and for the erection thereon of a suitable public library building..eon- <br /> ard fully equipped anready for:Orrice to the public a:a public library, <br /> 00.1 G <br /> all free of claims,liens,and incumbrances,and for said purpose will not Incur <br /> any debt or obligation whichwill not be fully paid by said$70,000,unless and <br /> until money from sources other than revenue from taxation is on hand to meet and <br /> for any additional coat,the eeleotion of said site and the erection.and equip- <br /> ping of said building and all matters pertaining thereto to be under the direction <br /> of and to the satisfaction of the Library Hoard of said City,and will furtheragree8011 0 <br /> that until said money shall be applied to the purposes aforesaid said City will <br /> keep the same in a depository authorized by statute or invested in short term Veit: <br /> States eecuritlase the dntereet accruing therefrom to aged for said library pur- <br /> poseewill further agree that the name of said library shall be T PUB- <br /> LIC LIBRARY•and that 1n some appropriate place therein a tablet shall1 be be placed as <br /> v. mortal to Leonard Howarth and that another tablet a all be placed therein r <br /> citing the history of public library service in saki City and making suitable men <br /> tion of the.gift of Andrew Carnegie heretofore made to said City for a library buil <br /> ing,and will further agree to annually appropriate not lees than Twelve Thousand <br /> ($12.000.00)Dollars for the support and maintenance of said public library,and <br />