HomeMy WebLinkAbout0235_0050Pg. 4
of ROtTSTON, T'1A, The suet of
(11#000#00)0 in lawft1 money of the United States of AMriaao
with interest thereon at the rate of VIREX PM CEJ"i'W (31'f) per
annum►, q&jabls on WaCIT FI ...� and, SEPIrr.11BER 'r FMNTH# is
each year, :First interest payable on WCri loth, 1939* ant the
Treasurer of the City of Georgetown* Texas, is hereby authorized,
ordered and dire a to d to pay to bearer said principal sum, toge the r
with interest tbarson evitenoed by eMpona attaohed, both principal
and interest payable, rothen tu+e, at the bank above naso, out of
arid, from the money belonging to the *SPECK ELECTRIC LILT RMS
BOND FCRDOO of said City, treated for that purpose, by the revenaes
derived► from the sleatria light plant and& power system +sans& and
operated bysaid City. If this bond, according to the paying date
above set out, be dus ajA payable after September 15th, 19411 the
said City shall on and after the said 'September 15th, 1'D411, have
the option of ,payfng saw,, by paying principal and aocrutdi Interest,
on aro interest p ayi,ng date (kareh lb th - Sap to mbe r 10th) by first
giving written notice,, by regiatered mail,,, to FIRST" NATIONAL Phi
ZR HOUSTON, for at least thirty (30) days prior to such interest
paying date* of its intent to exercise its salt option*
THIS ROOD 14 one of a series of bonds of lige tenor
and effeet, exeept an to aumbere and msturilWs aggregating in amaaiat
FIFTY-FIVE THOMA5D DOLLARS ( 550000.00) 0 issued for the purpose
of improving the City s sleetris light plant and power system, In
aesord,ame with the Constitution and Taws of the Matt of Te as, C444
the authority of a vote of the qualified, property tax -paying voters
of said. City, vdw hat duly rendered their property for taxation,
voting at oea-*Is atlons held on the Lbrd, day of JuM * 19Z60, and on
the 21st W of duly, IW4, re spe s tine l$ 0 and purmiant to an o rtin-
ance passed by the Cita Council, duly recordet is the Vinu.tes of the
City Council.
IT IS MRKSY CERTIFIED that all bonds of the series
of which this bond Is a part, ars issued under and in accordance
Iry