HomeMy WebLinkAbout0316_0001all of said Bonds are fully paid, which said semi-annual interest
payments shall be evidenced by coupons attached to said Bonds.
That the said Bonds shall be in the denominations of One Thousand
($1000.00)Dollars each, and shall be due and payable serially in
accordance with their respective numbers as follows No. 1, March
16th, 1943; No. 21 March 16th, 1944; No. 31 March 16th, 1945;
No. 41 March 16th, 1946; No., 51 March 16th, 1947; No. 61 Burch 16th:
1948; No* 79 March 16th, 1949; No . 81 March 16th s 1950; No . 99 March
16th, 2951; No. 10, March 16th, 1952; No. 11, March 16th, 1953;
No, 12, March 16th, 1954; No. 131 March 16th, 1955; No. 14, March
16th, 1956; No. 15, March 16th, 1957; No. 16, March 16th, 1958;
No . 17, Mach 16th, 1959; No. 181 March 16th s 1960; hTo . 19, March
16th, 1961; No, 20, March 16th, 1962, No. 21, March 16th, 1963;
No. 22, March 16th, 1964; No. 23, earth 16th2 1965! No. 21, March
16th, 1966, and No. 25, March 16th, 1966. That each of the said
Bonds, together with the Interest Coupons thereon, shall be payable
at the First National Bank in Houston, Texas. That after Ten Years
from the day of the date of the said Bonds, namely, on the 16th
day of March, L. D. 1952, and on the 16th day of each March there..
after, the said City shall have the option of paying all, or any ones
or more, of the said Bonds, that may be then unpaid, by paying the
principal of such Bonds together with such of the Interest Coupons
attached to same that may then be due; and that such payment shall be
full satisfaction of the said Bond, or Bonds,, so paid, together with
all interest thereon• That as condition of the exercise of the said
options the City Treasurer of the said City shalls in writing, by
registered mail, not less than fifteen(15), nor more than thirty(30)
days before the date for the exercise of such option, notify the
said FIRST NATIONAL BANK IN HOUSTON, of Houstons Texas, of the intent
of the said City to exercise such option, stating in such Notice the
Serial Numbers of the Bond, or Bonds, to be paid under said options
and shallsnot less than fifteea(15) nor more than thirty(30) days
prior to the date of such payment, cause a like notice to be published
a-