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1950-05-29 Special CC MinutesSPECIAL TEETIM F THE COUYCIL CP TEE CITY GP ADLEDA ITELD =DAY EVENT:NG, ?AY 29 _ - 1950 The meeting convened at 7:30 o'clock P. VI. with President Branscheid prcsidtn ROLL CA The 1 was called and Councilmen. Anderson, Jones, Sweeney-and President Branschel,d, (4), were noted present. Absent: Councilman Osborn, (1). At the request of President Branscheid, the Clerk read the "Call and Notice of Special Eeeting" setting forth the plIrlPose thereof. The Affidavit of Service of said Notice upon each member of the Council, signed by Officer George F. Rasmussen, was ordered filed.• frESOLUELONS: IX' The following resolution was introduced by Councilman. Sweeney, who moved it adoption: "Resolution No. 4177 APPROVING THE BUDGET FOR TEE PROPOSED INVESTIGATION INTO TEE FINADCIAL STRUCTURE OF THE KEY. SYSTEM TB.NSIT LINES AED TTS HOLDING 00ETAN44, TUE RAILUAY EQUIPTIE'ET AND REALTY CUTANY LTD., AND REIATED COUTAN1ES." The motion to adopt soid resolution was 'seconded by Councilman Anderson and' on roll call carried by the following vote. Ayes: Councilmen Anderson, Jones, Sweeney and President Sranscheid, (4) . Noes: None. Absent: Councilman Osborn, (1). Thereupon the President declared said resolution duly adopted and passed. ADJ01R11h414P 2. There being no further business to come before the meeting, the'Coli,ncil ad- journed, to assemble in regular session on Wednesday evening, June 7, 1950, at 8:00 o'clock.