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<br />e <br /> <br />- <br /> <br />Texas, for value received, hereby' promises to pay to the bearer <br />hereof on the lOth day of April, 1928, the Stun of <br />ONE 'rI-mUSAND DOLI..AHS <br /> <br />in lawful money-of' the United States of America, with interest <br />thereon from the date hereof, at the rate of 6% per annum, <br />interest payable April 10, 1927, and semi-annually thereafter <br />on the lOth day of October and the 10th day of April, each <br /> <br />yee.r, principal and interest payable upon presentation a.nd sur- <br />rehder of bond or proper coupon at the Hanover National BanIc <br /> <br />of New York, ll. Y., and the City of La Porte, Texas, is hereby <br />held and fir'mly bound and its fa'i th and credit and all real <br /> <br />and person.al property in said City a,re hereby pledged for the <br />prompt payment of the principal of this bond and the interest <br /> <br />thereon at matur'ity. <br />This bond is one of a series of thirty bonds numbered <br />consecutively from 1 to 30 inclusive, of the denomination of <br />$1,000.00 each, a,ggregating $30,000.00, issued for the purpose <br />of construction'of waterworks for the City of La Porte, Texas, <br />within its limits as authorized by the Constitution and laws <br /> <br />of the state 01', Illex~ including Ch~pter 9, of the General Laws <br />enacted by the Thirty-seventh Legislature at its regular ses- <br />sion in 1921, and Cl~pters land 7, Title 22, Revised statutes <br /> <br />of 1925; and in pursuance of an ordinance passed b:r the City <br />council of the City of La Porte, Texas, on the 17~ay of <br /> <br />.p/ <'7 ~ <br /> <br />, 1925, which ordinance is of record in the <br /> <br />Minutes of said City. <br />The date of this bond, in conformity with the ordi- <br />nance above mentioned, is November lO, 1925. <br />It is hereby certified and recited that the issuance <br />of this bond, and the series of bonds of which this is one, is <br />duly authorized by law and by a vote of the qualified property <br />tax paying.voters of the City of La Porte, Texas, voting at <br />, ) an election held for that purpose within said City on the <br />7th day of November, 1925j and that all acts, conditions and <br />things required to be done precedent to and in the issuance <br />of this series of bonds and of this bond, have been properly <br />