In re Eastern Local School District

The petition reads * * * “The Board of Edu*578cation of Eastern Local School District, Meigs County, says that it has under its supervision funds in the sum of $5,143.76 in the Bond Retirement Fund which is not required for the purpose for which said fund was established.

By reason of the need of funds in the General Fund to pay for bleachers in the Eastern High School, which have been purchased, it is necessary to transfer $5,143.76 from said fund to the General Fund.

A copy of the resolution declaring such necessity passed by said Board on the 4th day of July, 1960, is hereto attached and made a…