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<br />. <br />" <br /> <br />.........~ <br />-' <br />. , <br />;~ : <br /> <br />e <br /> <br />- <br /> <br />-- <br />.1. l <br /> <br />t <br /> <br />VI. <br /> <br />It is agreed that said warrants shall be issued in the total <br />sum of $4162.22, being eight in number, dated October lOth, 1927, the <br />first seven being for the sum of $500.00 each and the eighth being for <br />the sum of $662.22, all bearing interest at six (6) per cent per annum <br /> <br />. . <br />from their date until paid, interest payable semi-annually, and being <br /> <br />due and payable annually to, the Tibbetts Construc tion Company, or bearer, <br /> <br />in their numerical Qrder, the first of such warrants being due and pay- <br /> <br />able on the lOth day of October, 1928, and one each of such warrants be- <br />coming due and payable on the same day of each succeeding year thereafter. <br />The interest at the rate above specified to be evidenced by coupons attach- <br /> <br />ed to said warrants. Said warrants and the interest coupons attached <br /> <br />thereto being due and, payable at the Fort Worth National Bank, in Fort <br />Vlorth,' Texas,' the issuance..of said warrants to be authorized by an ordi- <br /> <br />nance passed by the City Council of the City of Laporte. <br />It. is fur:ther agreed that the warrants above mentioned shall <br />be delivered by the City of Laporte to the Tibbetts Construction Company, <br />under resolution passed by the City Council of the City of Laporte <br /> <br />authorizing such delivery, upon the completion of the improvements above <br /> <br />mentioned, in 'accordance with the terms of this contract, and in accor- <br />~: dance with the .plans and specifications agreed upon herein, and when such <br /> <br />i.mprovements have been accepted by the County Engineer of the County of <br /> <br />Harris. <br /> <br />~ ~ ~.t~- -~. ..4_-...._ <br /> <br />-............... ... <br />'-. <br />Executed in triplic~~e on this the day and year first above <br /> <br />vrri tten. <br /> <br />Attest: (Signed) 'E. p. Sullivan, <br /> <br />CITY OF LAPOHTE, 'l'EXAS. <br />By (Signed) Frank Reynolds, <br /> <br />~-- Gi-t..y _ S:ecr~ tarr. <br /> <br />i~ayor . <br /> <br />TIBBETT~ CONSTRUCTIUN CO MPAMY, <br /> <br />By: R. B. Butler, <br /> <br />,,--'-. <br /> <br />/....e....' Superintendent. <br /> <br />This is to acknowledge the receipt of the sum of $10,741.83, <br />paid to the First .National Bank of Laporte, Texas, by property owners <br />