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<br />. <br /> <br />. <br /> <br />/~~ <br />.' \ <br />. <br /> <br />TAX ANTICIPATION NOTE <br />FOR THE YEAR 1961-1962 <br />FISCAL YEAR BEGINNING <br />JULY 1. 1961. ENDING JUNE 30, 1962 <br /> <br />140,000.00 <br /> <br />La Porte, Texas, JulY' 1st. 1961 <br /> <br />The C1 t.1 at La Porte, Texas, actJing bY' and through its duly authorized <br />officers, tor value received, promises to pay to the order of the La Porte State <br />Bank,ot La Porte, Texas, the awn of Forty Thousand DilUars ($40,000.00), with <br />interest at the rate of three per cent ()%) per annwn; on f:)r before the 15th <br />da.y at February, 1962. <br /> <br />All past due principal md interest shall bear interest at the rate of <br />six per cent. (6.) per annwn. <br /> <br />,,-"""'-.., <br />/"" ~ <br /> <br />.. <br /> <br />It is hereby specially agreed that it this note is placed in the hands <br />~t an attomey tor collection, or if collected by suitor through the Probate <br />ltr Bankruptcy Court, we agree to pay ten per cent. (10%) additional on the <br />principal and interest then due bereon, as attorney's tees. <br /> <br />A copy ot the resolution authorizing the borrowing of the sum ot <br />Forty Thousand Dollars (e40,ooo.OO) and. the iasuance of this note is hereto <br />attached. <br /> <br />BY. <br /> <br /> <br />~~'~ ~. <br />e. ~d 0- . <br />'f' 0 of tile ~ . .0 0, Texa. <br /> <br />,.' ....-...---......~.. <br /> <br />.e <br />