Letters and email · December 28, 1994
Clyde W. Malone Jr. instructs broker to purchase a library CD
Treasurer directs Smith Barney to combine $2,500 from the rescue account with a $7,500 Friends check, buy a one-year $10,000 CD at 6.75% in the Save Our Library name, and leave $43 of interest in the money market.
Names in this record: Clyde W. Malone is Bill Malone.
Text
Transcribed from the scans and checked against them by Claude. Typed text comes first; handwritten notes follow it. [illegible] marks words that cannot be read and [?] an uncertain reading.
December 28, 1994
Smith Barney
19000 MacArthur Boulevard
P.O. Box 7640
Newport Beach, CA 92658
Re: Save Our Library Fund (H.B. Friends of the Library)
Account No. [account number masked]
Attention: Tim Marshall
Dear Tim:
Please find enclosed, pursuant to our telephone conversation this date, Hermosa Beach Friends of the Library check number 1207 in the sum of $7,500.00 made payable to Smith Barney.
Further, pursuant to our discussion, please withdraw the sum of $2,500.00 from the above "Save Our Library" accountand add to it the enclosed sum of $7,500.00, and purchase a one year Certificate of Deposit in the total sum of $10,000.00 in the name of "Save Our Library" in the above account number.
The sum of $43.00 (accumulated interest on the old "Save Our Library" account) will remain in the "Save Our Library" Money Market Account.
Please forward the documentation in this regard to me at the home address.
I understand that the one year CD will draw interest at the rate of 6.75% per annum.
Thank you for your courtesy.
Very truly yours,
CLYDE W. MALONE, JR.
CWM:bm
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Source scan page 31
December 28, 1994 Smith Barney 19000 MacArthur Boulevard P.?. Box 7640 Newport Beach, CA 92658 Re: Save Our Library Fund (H.B. Friends of the Library) Account No. [account number masked] Attention: Tim Marshall Dear Tim: Please find enclosed, pursuant to our telephone conversation this date, Hermosa Beach Friends of the Library check number 1207 in the sum of $7,500.00 made payable to Smith Barney. Further, pursuant to our discussion, piease withdraw the sum of $2,500.00 from the above "Save Our Library" accountand add to it the enclosed sum of $7,500.00, and purchase a one year Certificate of Deposit in the total sum of $10,000.00 in the name of "Save Our Library" in the above account number. The sum of $43.00 (accumulated interest on the old "Save Our Library" account) will remain in the "Save Our Library" Money Market Account. Please forward the documentation in this regard to me at the home address. I understand that the one year CD will draw interest at the rate of 6.75% per annum. Thank you for your courtesy. Very truly yours, CWM: bm CLYDE W. MALONE, JR.