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<br />. <br /> <br />-~ - <br />- ~. .i <br /> <br />. <br /> <br />r.f' <br /> <br />.( <br /> <br />.~, <br /> <br />". <br /> <br />6. That said warrants shall bear interest from date <br /> <br />until paid at the rate of S'per cent ~er annum, interest payable semi-annually <br />em the 10th day. of October and the lOth day of April of each year. &aid <br />lnterest is part of the contract price agreed to for the construction of <br />~Ia:ld street improvements, and shall be evidenced by proper coupons attached <br />1;0 each of said war.rants. Past due interest shall bear interest at the rate <br /> <br />elf 6 per cent per annum from maturity until paid. <br />7. That each of said warrants shall be signed QY the <br />Ma~ror, countersigned by, the City Secretary, Registered by the City Treasurer, <br />and shall provide the ,purpose for which they are issued, the place where <br />.~ ~ayable, and the seal of the city of Laporte shall be impressed upon each <br />of said warrants. <br /> <br />8'. That the principal and interest of said warrants <br /> <br />shall be payable in lawful money'of the United States of America at the <br />~~'~\fn~ ~LJ Bank, J\1~.~~, ~~ I upon presentation and sur- <br />render of proper warrant or ~nterest coupons. <br /> <br />9'. That. the interestcoupons'--attached to each of said <br /> <br />. <br /> <br />warrants shall bear the :facsimile signatures of the Mayor and the City Se- <br />cretary, and shall have the same effect as if such coupons had been signed <br />b.Y' said officials in person. <br />10. That said warrants shall express upon their face <br />the purpose for 'which they are issued; that they are issued in strict 'con- <br />formi ty wi th the Consti tution and Laws of the State of Texas, and in pur.- <br />. ." <br /> <br />Sllance of this ordinance; that each of said warrants shall provide and sti- <br />plllate that in event ot ,default in the payment of principal or interest, <br />and the same is placed in the handsot an attorney for col~ection, or if <br />ce~llected by suit, or by legal proceedings of any kind, an additional amount <br />oj~ 'lien per cent of the principal and interes~ then due shall be paid as <br /> <br />----'-:-- "-.. .. ,.' ._~~..:. ----...-..,-~---"-- --- <br />attorney's fees,' and the: form of 'each of said warrants shall be substantially <br />a~1 follows: <br /> <br />. u:No. <br /> <br />" <br /> <br />$ <br /> <br />UNITED STATES OF AMERICA <br />SlrA TE 0 F 'fEXAS, ~ <br />COUNTY OF HARRIS <br /> <br />CITY OF LAPORTE STREET PAVING WARRANT, SERIES OF 1927. <br />. . - <br /> <br />,A <br /> <br />. . <br /> <br />, I <br />