HomeMy WebLinkAbout0048_0004-S AN 0 R D I XA.N C 2 t -
Authorizing the iemiance of bonds for the yurpnse of improving and
Completing the public school buildings in the city of Geornetown,
Texas, and providing for the levy and collection of a t&X to 1=£ y the
interest and create a sinking Pond for the redemption a.0 said bo s„
'7 QAC, at an election held for the paxrp000 can the 7th clay of
Ju1yt 10`03, a MIAJority of the qualifif.,d *roters V�s r ? xc rty tax�
ravers of the city Of Georgetown, Texas voting at said election
tamed the proposition to le-vue the bands hereinafter described, by
a vote of 144 for the i „sNalice of bonds, to a vete of 14 against the
Issuance of bondei
l.- THMM-17OFTt RT- IT ORDAINITM by
the City Cour 011 of the city of
G orget owr_f Texas,
that the bonds
of said city
be i ss� ted.
to be oalled ��
under, and by v i rtiie Of ,
Art. Ove, Revised
Statutes of Texac, 1,60'5, for
the purpose of i jt rov-
in-; and csonrletirg
the public school
buildings
in the city of irTeorivo.•
tc)t'TI, Te%a.s.
2.- Said bonds shall be naribered consecutively from 1 to d melt.
sive, shall be of the denomination at'{= 504,04) Five hundred dollars,
each, a--gregating the stun of Three
,th usai d., (t�, 000* 04) dollars.
3.-- They shall be dated the . C. #:. day of
G. 0 * * t 1903; shall
became due and payable forty (40) years from their date, but, may be
redeeiried at the pleasure of the City at any time after five ( 5) years
from, their date.
4.- They shall 'bear Interest at the rate Of four (4) per cent per
annum, payable annually, on the �:.:&ay of ..U:.. ., of each
year.
b.- Prineipal and interest shhall be payable on presentation and
surrend-or Of bond Of prorer cetp®n at the Office -Y�O t e State Trea=rnirer,
Co- Said bonds shall be signed by the ?!error, countersigned by
the City secretary, and ref;ietered by the City Treasurer, and the areal
Of the City shall be impressed on ea^h of them.
?.- The fa.e simile Signature of the ?.'ayor and City Secretary may
be litho ;rad he d on the coupons.
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