268.09 RELEASE AND RENEWAL OF MORTGAGES.

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CITY OF SIDNEY, NEBRASKA CODIFIED ORDINANCES

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268.09 RELEASE AND RENEWAL OF MORTGAGES.

The President of the Library Board shall have the power to release, upon full payment, any mortgage constituting a credit to the Library Fund outstanding in the name of the Board and the signature of the President on any such release shall be authenticated by the Secretary of the Board. The President and Secretary, in like manner, upon resolution duly passed and adopted by the Board, may renew any such mortgage.

(1958 Code § 20.17)

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