HomeMy WebLinkAbout0084_0034Saaotion 5* AIT ORDWITU Or TZM OX2 02 (MOM O t T $#; Al
TBI lSSUAWN OF I301IDS 01P TIM SAXD 01TT IN 'I PRINCIPAL Sm 1
00040 To 138 WTE MMABY lot$_ 1000 AND T4 M M D&W-1 ITTl
»fi0C? 0 FCS A� TO HZ NU�MRI� FnOU d INOLi3SIYl 02i T8
s:ZXzn MG 41TH IMMM o . Teo AN TMON xA VARzr Into V
AND _ + ,jM1M % �� nH Y a air
(0) Bonds of the uaaid City to ba 041104 "C%TY Or GBOMTOW PAVI
D+ M)Sri be ienuod by virtue of than oonatitution annd l4wo of tho State
of Texas and that provisions of this ordl anooa, for thy. Pu rpose of
pawing}, draining, building improvinat oponi M
ry tM 14
and widening stroo s of the said City �a tho pri ni o ipal sum
oft;3r-.firoa thouoand (045j'04D,#0D) Dollars*
ibi The said bands shall be in denominations of OO*00 each# od
mha3l be numbered oonomtivoly from one to ninty , Inolunivet a r4
shall be datod January let, A*,Dp 1940
o) rho said bands shall be duo and payable soriaU7 throo odph
ar# in their numerical cai arrdor# boginning with anumbars ona, tva m d
three# on the Int day of O'anunry► A*, D,, 119,27*, cmd oontinuing three
each year tVaatta said dates, in 'thoix numorioal order Itiil the antira
series has boon paid; Q0 avid bonds being thixty Jnr nam l bondst
(d) The OatW bonds shol i. boar iutcresb from dates rit five peroozit
(ce) pear annum-, payable ,semi* -dr uc 11r- an the first day of Zuly- and
January of oaoh ymr# That tho said interant is to bre i6v dezood by
001vonal that shall bba r the na zo rate of Interest from their raturityo
(u) The prinoipal and rotors an the said bonds ahall be paid an
the presentation and surrended of bond or coaupon$ at tho orfloo o
the state Troaauror*, at Austin Tozaal, or at tho UeabAnion a►nd
to is Natioual. Bank,, in tho city or ITOW Yorlt, at th', option. at the
ho ,14or s
(t) TMoh at the said b do sham be maned by the =yortF counts
alaned by the City Gler7 and rr.giatorcd br the 0ity= 1"reaaeur end
a�haril be lzproasod with tho oorporuto seal. ref the "City of GociIgotom
Texas"+
(G) 2 Xaasimilo signature or the lrayor and 01ty Claris of said Cit
any be lithograpW upon the coup -ons a►ttaxashod to said Londa t and
phall, have the aame efPaat as if auoh 4oupona had 'been si ►d by.
that*
('h) To pay V* 3atnroat on the said bmds an it b000ros dua, ala
tai aroato a s3nlc- ng fundsu=iojent to paoff` land diaoharge the
said bonito as the boomoo duo a tau Of f fteon i