HomeMy WebLinkAbout0322_0007C -U-)OTIS Is o'-_x"a Shall
Section 2. Taat t',%e s.Ad `OiLds s'l-all, be dated Septe,,bo 16t1l,
1,941, -,n(s': e11 be n-cmb-:red C)lise cUtively froid One (1) to Tw-_nt!r- Five
V?5)0 incljcive0 an(i si.,all bear Interest f::0% Late it ti,e rate here-
inafter specified pourable tLe 16th c,,av of Yarch, 19429 end the 16th
-* e let�j Cja�r of "arc',, alld the loth
da.,tr of Septeribe.; ID4.-21 act On 411 1 e
dais of September of each and evir.11 succeedin,-;, year the ea*,te-- u,:til
all of the s,Ad Bonds a-.,e fully paid, vt_icji s--.Jd semi-a:,1,nua1 interest
pay:aents shall be evi�ei_ced by coupons att_r_1vh_,d to swirl. bonds. That
the g.-ticL 1_1�olioSsl,all be in the denominations of One Thousand($1000tCO)
rollars each, and shhall be aus and rayablv serially in accordance
,%rith their respecti%,e numbers as folloyrs: No.1j '-"arch loth, 1943; 17o.
2, 1.1arch 16th, 1944; T 0. Z. Larch 16th, 1945; I:o. 4, 1.:arcl.a6th, I946,
No. 5, :,'arch. loth, 1947; lo. 8, 11.1arch 16th, 1948; Yo. 7# '.'arch loth
1949; ITO. S., ,:,arch 16th, 1950; "11"o.0, !:arch lotlis 1951; i-o. 10, ':arch
16t-i, 1952; Yo. 11, ]"-arcli 16th, 1953; No. 12, -'-arch 16th, 1V54, !'o.
139 1arch 16th, 1955; I-oe 14, '::arch 16th, 1956, No, 15,, L-arch 16th,
1957; 17o. 16, Larch 18th, 1953; I.-o. 17, 11ttrch lath, 1959; Yo. 18,
:.arch 16th, 1960; j."o. 19, '111:arch 10th, 1961; 1-.o. 20, ::arch 16t'n q 1962;
No. 21, 11 arch 16th, 1963; lo.22, 1,:arch 16th, 19649 JTo.f:4v
L.arch 16th
1963; 7'o. 24, Earch 16ths 1966; 17o. 25s ''arch 16ths 19006 That Donds
nurabei,etl fi.ora 1 to 10 inclusive shall bear interest at the rate of
two and cane-fourth per Cent per annum; and 3onds zuribered from
11 to 215, inclusi�reo s, all. be_r int�rest at the rate of trip and oue-
half p-ir cent (2,z") per ailnum* That each ana all of ti,e said :3oi-6s
to,7ct'*ier -rit'll the Inte.-est Coupons thersolig stall be pa:rable ..Xt., tile
in --oustoii, of Rouston, Texa-1, ITE-la", aft-r :'en
Y_-ars frail "'Ie us'N? Of the ¢ate of the sAd __E'011ts, namely, oi-i %, ti
Iv-5.0 (juy v4, A%# L. 1j:o4j a*,,.L %o.LA. v"e; Lvvu U_iy or eacli Put.rc.a tilln-
reafterg the said City sa8dl have i;ne option of payin,7 all, or an7
one, or more, of the said, *13,onds, t?) at r,,Kr be then unpaid, by paying
tne princi,al of such BonJ, to-.et'lljer with such of the Interest Cou-
pons eLttac�iei to Vl,,at rcs,,Y, I thin be due; and that suc,`j payment
Wa_-,111 b,3 full sAtjSf-.c+1j )n of the said !,olid, or '.Eoi7ids, so raid, to-
w v1th all interest thereon. Viyit, as co-Ation Of the e=,ercise Of