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60 <br /> II •,IA00 38th,1951 <br /> Moved by Ume <br /> naeln,seconded by Hh1teley,,90 adopt Resolution No.5507 s.follows: <br /> HI BE teS80L Yhe Council e HE CITY COUNCIL OF TRS CITY dMAW,THAT <br /> protests the proposal of the Secretary of the Treasuy <br /> that the exemption of State and Mvninipal bonds and securities from Federal taxa- <br /> tion be repealed,for the reason that such repeal weld not only create grave con- <br /> ! eetltatlonal implications for State sovereignty And lemal self 800000 09,bit <br /> mould place a great additional financial harden on the City. <br /> BE TT POMMY RESOLVED that Congressmen Hem"00 SSantora Herren C. <br /> Magnuson and Harry P.Cain and all members of 00077 0 of Representatives Hays <br /> and:Lena Committee be notified of this prate thand their support requested for <br /> the defeat of tt.e Secretary`.propeeul. " carried. <br /> YII' <br /> i <br /> la <br /> fi 1 <br /> :.,.. On motion the meeting adjourned et 10-30 SM. /".14' //7707' C1erk <br /> City <br /> fa t1i ed and approved as t ram , rch 1st,1951. l/ <br /> Malar <br /> I � <br /> lv <br />