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O-1929-231
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O-1929-231
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11/2/2016 3:38:16 PM
Creation date
10/20/2006 2:35:51 PM
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Legislative Records
Legislative Type
Ordinance
Date
12/9/1929
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<br />e <br /> <br />e <br /> <br />SECTION IV <br /> <br />. That the Bonds of said City, to be called "CITY OF LAPORTE <br />STREET IMPROVEMENT BONDS" be issued for the purpose of the con- <br />I <br /> <br />struction and improvement of the roads, bridges and streets of <br /> <br />such city, within its. limits, as authorized by the'Constitution <br />and Laws of the State of Texas, including Chapters 1 and 7, <br />Title 22, Revised Civil statutes of 1925. <br /> <br />Said bonds shall be numbered from 1 to 5 inclusive, shall be <br /> <br />of the denomination of $1000 each, aggregating $5,000. They <br />shall be dated January 10, 19 30 ,and shall become due and <br />payable serially in their numerical order as follows: <br />NUMB.ER DATE OF MATURITY <br /> <br />AMOUNT <br /> <br />1 ~pr i ~ 10, 1941 $1,000' <br />2 Apri 1 10, 1949 1,000 <br />3 April 10, 1957 1,000 <br />4 April 10, 1963 1,000 <br />5 Ap r il 10,. 1969 1,000 <br />.. <br /> <br />1 <br />" <br /> <br />j <br />I <br />, j <br /> <br />. They shall bear interest at the.rate of 6~.per annum, <br />.payable April 10, 1930, and semi-annually thereaft'er 'on October <br />10 and April 10 each year. <br />Both principal and interest of said Bonds shall be payable <br />in lawful money of th~ United Stat~s,of Ame~ica upon presentation <br /> <br />\,. <br /> <br />and surrenderof bond or proper coup~n at the Central Hanover Bank <br /> i <br />and Company of , <br />Trust New York, N. y. 1 <br /> I <br /> Each of said bonds shall be signed by the Mayor. countetsigned , <br /> <br />by the City secretary and registered by the City Treasurer, and the <br />corporate seal of the City of ~APorte shall be impressed upo~ each. <br />of them. The lac-simile signatures of the Mayor and City Secretary <br />may be lithographed or printed on the coupons attached to said bonds, <br />and shall have the same effect as if they had been signed by them. <br />Said bonds shall be in form and shall con~ain recitals ~ub~ <br />stantlally as follows: <br /> <br />.~ <br /> <br />'I <br />
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