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April 7, 1931 A motion by Mr. Pierce, seconded by Mrs. McQueen, authorized the Pres. To get satisfactory legal permission in regard to our power to create a sinking fund to be held in reserve for future building purposes, motion carried. The Board notes with a good deal of gratification the steady growth of the Library, and the important part it is filling in our community life and foresees – in the not remote future a need for larger and better buildings and equipment, and for that reason is interested in creating a sinking fund. The Librarian presented her monthly report. Meeting adjourned, |