O-1931-236 - Laserfiche WebLink

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And it is further certitied and reoltedthat all aots, conditions and things required to be done precedent to and in the issuance ot this wa:trant, have been prop 81'ly done, have happened and been perfo1'lled 1n regular e . ot said orlginal evidences 01' indebtedness, 1n aocordance with the ooutitu- tlon 8Dd. law. 01' the State of Texas, and pursuant to an ordinance passed by the City Counoil ot sa1d City of La Porte, Texas, which ordinance is recorded in the llanutes of said Council. their i.sU8Dce, and tor which sald City received full value and consideration and hereby aCknOwledges reoeipt ot same; and whlch evidenoes of 1ndebte6ness were eu.tborized by ordinances and orders duly end legally p_ed prior 1;0 their lssuanoe, _de and entered upon the Minutes 01' the C1ty COunoil 01' the 01ty ot La Porte, TeDS, and the holder hereof shall and will be subrogated to all the rights and privileges against said C1ty had and possessed by the holders This warrant is one of a series of five warrants, numbered from 1 to 5 inclusive, in the denominat10n of $500.00 each, e:J:cept h"Umber 1 tor $374.31, asgregating $2,374.31, aU of which warrants are lssued tor the :;urpOS8 ot tunding 811. equal amount of inaebtedness 01' the Oi ty 01' La Porte duly and leg81ly incurred for lawtul city purposes, the claims tor which were duly audi tad and allowed by the Ci't1 OOUlloil ot said Oi ty prior to e u attorney's tees. evidenced by this warrant and axmced coupons s:Pall not be paid at maturity, the same shall thereafter bear interest at the rate of 6% per aMlUID until e fully paid; ana in the event of default ana 1t becomes necessary for the holder hereof or of any 0 f the ooupons attached hereto to plaoe the same in the hands of an attorney for collection or to 1nstl tute sul11 thereon, the 01 ty of La Porte hereby 0 bllgates 1 tself to pay to the holder an additional ten per cent warrant or proper coupon at the above named bank. In event the sum of money Principal and 1nterest shall be payable upon presentation end surrender ot 1n lawful DlOney ot 'IIhe United 8ta'lles of .Amer1oa, with interest thereon from date hereof at the rate ot six p81' cent per amUDl, 1nt4t1'est pqable Apr1l 10, 1932, and sem1-eDnually thereatter on Ootober 10 aDd .A;pril 10 each year, whioh interest shall be evidenced by coupons attached 'to each of sud 1rarr8Jlts, FIVE BONDRiD DOI.UBS bearer on the loth day,.o1' AprU, 19 , at the Central HanMer Bank and - Trust company ot New York, New York, N. Y., the SUlll 01' - ...... e .