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<br />ll~ ,That the interest coupons attached to said war-
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<br />rants shall be ~ubstantially as follows:
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<br />On the lOth day of ,. 19 , the City of Laporte,
<br />a municipal corporation, duly incorporated under the-Iaws of the State 'of
<br />Texas, for value received"will be justly indebted to the Tibbetts Con-
<br />'str'Uction Company, Contractor,' or bearer, -in the sum of
<br />($ . ) Dollars, by virtue of a contract made by said City with said con-
<br />tractor; and the City Treasurer of said City is hereby authorized, ordered
<br />and directed to pay said contractor or bearer on said date, out of and from
<br />t,he n~pecial St~~, et .Paving Warrant 'Fun9.~ Series QJ 1927" of said City, at
<br />the ~OlJ ~A ~~. Bank~ cCt ~~.ocn..AM.,'\.e..y, said amount in law-
<br />:f'lll money of the ,n, teSt~tes of America; the same being six months in-
<br />terest due said contractor' or bearer on "Ci ty of Laporte Street Pav,ing War-
<br />rant, Series of 19271i No. , dated October lOth, 1927, to whi ch this
<br />cc:>upon is attached and is a part thereof.
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<br />Mayor, City of Laporte,' 'rexas.
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<br />C()unt e rsi gned :
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<br />C:l ty Secretary,' Ci ty of Laporte, Texas. n
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<br />12. That on the back of each of said warrants there
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<br />shall be printed the following:
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<br />"For value received, the Tibbetts Construction Company
<br />hE>>reby transfers, sells and delivers the within warrant, together with in-
<br />torest coupons attached to bearer, without recourse, and 'the bearer hereof
<br />if. hereby subrogated to all claims, liens, rights and interest, whether at law
<br />0]" :In equity, which are,> or may be seoured to it by said warrant, and the
<br />, contract by authority of which same was issued, and the bearer hereof is
<br />authorized to collect the same l;ind to give full receipt and acquittance
<br />the refo r.
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<br />T1BBE~TS CONSTRUCT1UN COMPANY,
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<br />By
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<br />l3.- When the warrants hereby authorized to be issued
<br />hsve been properq exec~ted, t~ey shall be delivered to the said Tibbetts
<br />Cons:truction Company unq.er a resolution passed by the City Council author-
<br />izing such del'1ve'r~_,.__aft~r the completion of the paving on :Main Street in
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<br />the city of Laporte, in. accordanc"e with"the- plans and specifications there-
<br />for, and the acceptance of such paving by the County Engineer of Harris
<br />County, Texas, such acceptance'to be ev-idenc;ed by instrument in writing
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<br />~ filed with the City Counoil; of Laporte, Texas.
<br />l4. Be it further ordained by the City Council of the
<br />Ci ty' of Laporte" 'J.1exas: That a special fund to be designated "Special S'treet
<br />Paving Warrant FUnd, Series of 192711 shall be set aside out of the Consti-
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