Whenever the Treasurer shall sell any stocks, bonds or other securities, as provided in this Article, and whenever any of such bonds, stocks or other securities stand in the name of the City and County with the endorsement of the City and County being necessary in order to transfer the stocks, bonds or other securities, the Mayor is hereby authorized to endorse the same for and on behalf of the City and County; and to take all other actions which may be necessary in order that the stocks may be transferred to the purchaser thereof when sold by the Treasurer, in accordance with the provisions of this Article.
(Res. No. 4111(1939))