HomeMy WebLinkAbout0091_0023leaving, outstanding; $14,000 being the bonds to be ref ended by this
series of bonds, is hereby appropriated and set aside to pay the inter-
est and create the necessary sinkirg fund for these refunding bonds for
the current year, and the same having been aasesaed, shall be collected
and so applied; anal said tax is hereby levied for each year hereafter
while said bands are outs tandin, , and the same shall be annually assessed
and collected and applied to the purposes named.
10. Said bonds shall be executed in the form and shall contain
recitals, substantially as follow:
UNITED STATES OF AMERICA
S T A T E O F T E X A S
0 0 U N T Y 0 F W I L L I A M S O N
C I T Y O F 0 E 0 R G E T O W N
REFUNDI,VG S 0 H 0 0 L HOUSE BONDS
No. �.�.. t10000.00
rhe City of Geor-etown, in the County of Williamson,, in the State
of Texas, a municipal corporation duly incorporated under the laws of
the State of Texas, for value received, hereby promises to pay to the
bearer thirty years from the date hereof, at the office of the Treasurer
of the State of Texas, if sold to the State, otherwise at the banking house
of N. W. Harris and Company in t le, City of Chicago and State of Illinois,
the sum of One Thousand 01,000.00) Dollars in lawful money of the United
States of America, together witti interest thereon from date hereof at the
rate of five per cent per annum, interest payable semi-annually on the leth
day of February and the 16th day of August of each year upon presentation
and surrender of the proper coupon at place of payment.
The City of Georgetown.. Texas, hereby reserved the right to redeem
this bond at any time after five years from its date by paying principal
and accrued interest, and in case the same shall be called in for re-
damption before maturity., notice thereof in writing shall be given to
the Treasurer of the State of Texas, if sold to the State, otherwise to
the banking house of N. VA • Harris and Company, Chicago, Illinois, at
least six months before the cd-,te fixed for redemption, and should this
bored not be presented for redemption the same shall cease to bear in-
terest from ar°d after said date so fixed for redemption.
This bond is one of a sf?ries of fourteen thousand (t,14,000.00) Dol-
lar bonds, numbered consecutively from one to fourteen inclusive, of the
denomination of One Thoueeas-id ('l,0",0.00) Dollars each, a _regating the
sum of Fourteen Thousand ($149,000.00) Dollars, issued for the purpose of
refunding, canceling aarl in lieu of cE�rtain outstanding brands of said
City known as "Public School .Buildirr, Bonds" dated July 16th, 19,04, num-
bered from S to 21, incluelve, a, >reg ating $14,000.00, which bonus con-
stitute an existing valid ind.ebto,1-!eos of said City under and by virtue
of the Constitution and laws of the State of Texas, and an ordinance passed
by the City Council of said City on the 13th day of Movember, 1905.
The date of this band, in conformity with said ordinance is August
1,, 1005, and it is hereby certifi.e,:i and recited that all acts, conditiors
and things required to be (lone precedent to and in the issuance of this
bond, have been properly done, happened and performed in regular and due
fora as required by law, and that the total indebtedness of said City, in-
cluding this bond, does not excead the constitutional or statutory
limitation.
Countersigned
Geo. Keah.ey, R. E. Beard,
Secretary. ayor.
Ay