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Foster Biddle and President Ellis - D. H. Moore
not voting, nays none, and thereupon the Chair
declared that said motion had been duly adopted by
a legal quorum of this Board.
Therefore it is by the
Board ordered and directed that said bid of said
The Security Savings Bank and Loan Company
for said sum of $10.950., be and the same is
hereby accepted, [inserted] and [end inserted] approved as the hightest and
best bid that was offered for said Ohio
University Certificates and the Secretary of this
Board is hereby authorized, ordered and directed
to deliver said $10.000. of Ohio University Certificates
$5.000 of which matures September 1st, 1908,
and $5.000_ thereof September 1st 1909, and the coupons
attached thereto to the said The Security Savings
[inserted] O.U.
Certificates [end inserted] Bank and Loan Company upon the said
The Security Savings Bank and Loan Company
paying therefor in cash forthwith to the Treasurer [inserted] who [end inserted]
is hereby authorized and directed to receive
and receipt to said The Security Savings Bank
and Loan Company for said sum of $10.950.00
being the amount of its said bid at [inserted] said [end inserted] sale all of the
foregoing proceedings being hereby fully ratified
approved and confirmed by this Board, the bid
of said company being found by the Board to be [inserted] the [end inserted] highest
and best [inserted] legal [end inserted] bid received for said $10.000. of Ohio
University Certificates so sold as aforesaid -

Mr Whiley moved that all of the aforesaid
proceedings relating to the sale of said bonds
be fully ratified approved and confirmed
by this Board which motion was duly
seconded and the yeas and nays being demanded
a call of the roll was had resulting in the
following vote to wit: [inserted] Yeas [end inserted] Lowrey. Jewett. Lene Fenton
Benson_ Welch. whiley. Coultrap [crossed out] Moore [end crossed out]
Foster. Biddle and President Ellis D. H. Moore