1962-05-07 Regular Meeting
Wilmington, N. C. May 7, 1962
RECESSED NiEETIAiG -
The regular semimonthly meeting of the New Hanover County Board of Commiss-
ioners was recessed to meet at 9:00 o'clock A. N, next Monday, May 14th 1962 for the
reason that no quorum was present. The Executive Secretary made the proclamation at
9:00 o'clock A. M. today.
W. G. Houck, Executive Secretary
Wilmington, N.C. May 14, 1962
CONVOCATION
The New Hanover County Board of Commissioners met in Special Session at 9:00
o'clock A. N. in the Commissioners's Room of the County Court House with the following
members in attendance: Chairman J. M. Hall, Jr., Commissioners Peter H. Braak, ?
Leon E. Broadhurst, Ernest R. Mayhan and John Van B. P7etts, Jr., and County Attorney
L. Bradford Tillery and County Auditor T. D. Love, Jr, i
INVOCATION - II
The Chairman called the meeting to order and asked Reverend R. Irvina Boone,
Pastor of the Central Baptist Church, to open the meeting with a prayer for wisdom and
guidance. I
NOTICE -
Pursuant to the provisions of GS 153-8, the Chairman requested the Executive
Secretary to read the written notice given each Commissioner on May 7, 1962 by mail-
calling this special meetiny for the purpose of taking action on a Resolution for the
sale of bond anticipation notes in the amount of $150,000 for the use and benefit of
New Hanover Memorial Hospitai and to serve as a regular meeting of the Board in the
place of the meeting which was recessed on May 7th, 1962 by virtue of the fact that no
quorum was present. The letter was read by the Executive Secretary, calling the Special
P:eet ing.
?APPROVAL OF MINUTES -
The minutes of the regular meeting held on April 16, 1962, having been mailed ,
to each commissioner for his reading, were approved as written upon motion of Mr. Mayhan
and seconded by Mr. Broadhurst, unanimously.
RESOLUTION
Mr. N;etts introduced a Resolution that bond anticipation notes be issued
and approved aoainst bonds approved by the people for the hospital, it was seconded by
Mr. Braak, In the discussion, Mr. Broadhurst advanced the idea that $500,000 be
authorized and that sufficient interest to carry the current needs might be realized
from investing the difference of $350,000 at 4% as compared to the anticipated rate of
not more than 2% which wouid be paid for the notes, hir. M. C. Brown, Chairman of the?
Finance Committee of the Board of Trustees for the hospital came in and explained that
the same question was considered by his committee who came to the conclusion that,while
it was not illeoal, it bordered on being unethicai in the handling of publi'c funds.
They had refrained fron recommending any speculation which is a remote possibility for
money is in demand and $1;000,000 could be invested and a profit made at present. He
sugaested that the matter be referred back to his Committee since the Board of Commiss-
ioners are willing to back them in such a proposal. The County P.ttorney cautioned
them that he would have to rule ayainst securing funds unless a definite need was sl7own
for their use. Mr. h9etts then withdrew his Resolution with: permission of Mr. IIraa}c-
who had seconded it. After the motion was rescinded, N`s. 3rown agreed to discuss the
matter further with his committee and bring b2ck their recommendation. All action was
deferred until that time. •
CAP AIn1ARD5 -
? Najdr Kenneth G. Wooten, Group Commander, Civil Air Patrol, requesi;ed that
he be allowed to present some awards of National Scope in behalf of the C.A.P. _ ,
/ifter recounting the services performed by those to receive the citations, he pre-
sented Certificates of P7erit to Mr. J. M. Hall, Jr., Chairman of the New Hanover County
Board of Commissioners, Nr. Wesley W. Knape, Chief Control Tower Operator at Bluethen-
thal Fieid and Vir. John A. Westbrook, V'anager, New Hanover County Airport. Rir. M,etts
observed that he thought it was a good thino for the presentation to be made at a Board
meetino. He thanked the C.A.P. for a job well done. Each man who received an award
4ras grateful and thanked N?ajor 1r7ooten for it.
/BEER PERMITS -
Tlle following applications for Beer Permits were reviewed by the Board and
upon motion of Mr. Braak, seconded by Mr. Mayhan, they were unanimously approved and
ordered sent to the Sheriff for his consideration and investigation:
Sam H. Biake T/A
J. H. Burton T/A
E. M. Ellis T/A
TArs. Nellie Gaylor Sellers
R. Martin Sessoms T/A
Cliff Smith Jr. T/A
Carolina Beach Fishing Pier, Inc.
Burbon Grocery
Riverboat
T/A Sellers Fish Market
Seach Comber Grocery
The Nermaid
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