HomeMy WebLinkAbout0089_0013Section 6. That each of the said bonds shall be signed by the
kayor, aountenroigned by t%t City Clerk, and registered 'by the City
Treasuresur, and shall be improeivead with the corporate seal of the "City
of Georgetown, Texas".
ectAon 7. That a facsimile signature of the Vayor and City
Clerk of said City stay be lithographed upon the coulons attuchsd to
the said bonds, and bllall gave the sauis effect .as it such coupons had
bt,sn sigroed by these.
flection 8. That to pay the interest an the said bonds as it
baecoeies due, and to crtate a sinklrig fund sufficient to pay off and
divehari;e the e. id bonds as they beeomb due, a tax of fif teeen(lb)4)Cents
on each one Luriarod (*Iow.oU )il ollars of all F r o,,erty in said City, taxa-
ble under Vie constitution and laws of U-6 State of lextio, small be
annually levied on said pr,�perty, and oball be anrivally ansessed a6ainst
the said, juroperty, and si.all bet arc uully collected until they said bonds
and said interest is fully paid, and the said tax is bene and now lev-
ied for the current year of 19k6, and for each suacteding year while
the said bonds, or any of tl.em, are unpaid. and that the same shall be
asseeseed and collected for the said current year, and annually thereafw
ter, and api lied to the said purposo I erein named.
section 9. That the form of tiro said bonds shall be substan-
tially as iollows:
MATE OF TLXAS,
CO M TY CF kI LAMA. _UN.
IQ, $500.000
The City of Goort-eetorrn,, pz.ving bonds.
"OW ALL 1-h hY TPU SL That the City of Georgeetows ,
Texas, in the County of Williamson, :hate of Texas, a municipal cor-
poration duly incorlorateed under tY:e laws of the Ltatee of texas. for
value rc u tive:d, bortby prosy, r to pay to the otarer hereof on the
let day of .lanuary, A. I). 1=v , _" , %bee sum ai Five Hundred($5U0.0U)
Dollars, in lav tul money of tIAW i,ni ted Ptatev of America, with in-
terest tt gran from date hcroof. at the rate of f ive per cent per an-
num, interest payable ve a.i-arivually, on trials let day of .a my arA ; anu-
ary of each year, princilal and interest payable peon the presentation
and sarrcnder of frond or ,proper coupon at tt,o o#fice of the State Treas.
urer, at Austin, Fee s, or at the ktciA►t4,,L4' u a.:aci e.e:tals National bank,
in the City of New 'York, 8ta6t.te of No* Yorx, at the option of the hold-
er. and the said City of Govrj;otore► is hereby finely bound, and its
faith and credit, and all real and poresoral iroljerty in the said City
are hereby pledged for tits pi ompt payment of U is bond and the inter-
est tireereeon at ra►,turity.
This bond is one of a atrios of ninety bonds, numbered from
ins to nir>ety _nclusive. of the deromination of Viv+e Fundred(-5f,,(,.0Q,
Dollars cw_L, akgregr--ting Forty_x rues is-
sued for tt,e , &Arpose of laving, braining, builaing, improvix-44, vjovirg
and wideoning streets of ti.a aui.d City, unwed under and by virtue d
the constitution and lave of the State of ferxas, and in yurouance of
I It