Show TAX NOTE SALE TO INDIVIDUALS I RECEIVES OKEH City Commission Unanimously Unanimous Unanimous- ly Indorses Plan to Cut Interest Salt Lake investors may participate in n approximately worth of city tax anticipation notes issued in small denominations as soon as lS the Issue can be published Mayor Louis Marcus announced Tuesday The plan announced Saturday by Mayor Marcus and Cit City Treasurer J. J Parley White Tuesday obtained th the unanimous indorsement of or the cit city commission which ordered that lour four fou tax anticipation notes be reprinted re I 0 printed in denominations of an and andI I I The notes Mayor Marcus said wilbe will wil be available in the near future at th the I city treasurers treasurer's office or at t local brok brok- I 0 houses They will yield 6 pe per perI t I cent interest and will mature in one I year I City Attorney Shirley P. P Jones advised advised ad ad- I the commission that th the plan had been indorsed legally b by the firm firmI I 0 of Thompson Wood Hoffman o of I New York Through the sale of notes to according to Mayor Marcus the I city w will not be placed at the mercy S I of banks and other organizations to top toI p I which it would have been necessary to pay a high rate of interest Funds in the cit city treasury are sulli 1 cleat to meet February obligations i iwas it was announced but the amount o of surplus cash is meager and the commissioners com corn missioners Tuesday agreed to curtail all expenditures as much as possible particularly the purchase of new equipment listed In the 1932 budget All purchases have been delayed 6 60 days |