HomeMy WebLinkAbout0327_0012the loth day of Septeiaber, respectively, enact year thereafter, as
evidenced by interest coupons attached h-:r•sto, and the City Tie�ts-
urer of the City of Ceor-etocrn, Texas, is here%y ordered and direct-
ed to pad' to bearer the said principal sum of this bond, tof.^ether v
with the intsrest thereon, evidenced by said courons, both principal
end interest bein-7 payable vrhen due at the &dIC above n.,ul.ed, and
the City, of "eorr;etovm, Texas, is hereby hr-ld and firmly bound,and
the faith and credit of said City,.arzd all real personal property
in the said City, subject to taxation, are hereby pled^ed for the
prompt pa.,*ment of this Bond at the L.aturitjr hereof, -r.nd the interest
thereon as same becomes due. That if` this Bond, accorain7 to tb.e
pa,,rment date, set out herein, be due and payable after i.ar(h 16th,
19529 the City shall have option of oallinS, and pad►iiie sLJe on said
date, or callinC and payirlr, saiae ors�`k.s 16th day* of ;,:urci. of an,,
year thereafter, prior to Vz,-e due date hereof. That as a condition
for the exercise of the said option, the City Treasurer of said City
shell in v*ritinC, by reei.stered avail, not less than fifteen(15)0 end
not more than thirty(30) days prior to the date for V e exercise of
such o- tion, in c:riting, by registered mail, Cive notice to t.,e
pa.TTing af;ent, FILST i:�iIU:A6L & uli L LG S�_C�I�, of Lous �on, Texas, of
the CitYls intent to exercise such option; and said City Ta�easurer
shrill, also, t.ot less than fifteen(15) and not more than thirty(30)
days prior to ti_e date for the P'.%ercise of such option, cause a
similar notice to be published i.a the City of Eouston, Texas. That
r -hen such ortion has been so exercised, tl_.e payment of the principal
of this Bond, and the interest coupons thereon, that are then due,
aceordirlx- to the due date thereof shall be full payglent and satis-
faction of this Bond and interest thereon.
This Bond is one of a series of Bonds of like tenor and effect,
except as to number,.maturity date, and rate of interest a,-Cre-ating
the amount of Tr,;enty-Five Thousand(; 259000.00)Dollars. to be paid
from funds raised by taxation, issued by the said City for the purpose
of acquiria an Ai^port to be ovmed by the s, -Ad Citv, in aadordance
t:-ith the Constitution and Laws of the State of Texas, and the autho-
rity of a vote of the qualified property[ tax-payinS voters of said
13