O-1929-229.5 - Laserfiche WebLink

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e e fully paid; and in the event of default and it becomes necessary for the holder hereof or of any coupons attached hereto, to place SB,me in the hands of an attorney for collection or to institute suit thereon, the Oity of LaPorte hereby obligates itself to pay to the holder an additional ten per cent as Attorneyls fees. THIS WARRANT is one of a series of A;t7;-t. 4;-: i' '. l/.~:- I ! WarI'ants, numbered from 1 to .h\ ~ inclusive, of $l,OOO~OO each, aggregating $~~ D,ro,~~ Warrants are issued for the purpose of funding in the denomination , all of which an equal amount of Warrants of the Oity of Laporte duly and legally issued for lawful city purposes, the claims for which were duly audited and allowed b}l the 0 ity Oouncil of said Oity prior to their issuance, a.nd for which said Oity received full value and consideration, and hereby acknowledges receipt of same; and which Warrants were authori~ed by orders and ordinances duly and legally passed prior to their issuance,made and entered upon the Munites of the Oity 0 ouncil of LaP orte, Texas, and the holder hereof shall and will be subrogated to all the rights and privileges aga~nst said 0 ity had and possessed by the holders of said original Warrants, in accordance with the Oonstitution and laws of the state of Texa,s, and in pursua.nce of an '~rdinance passed by the Oity Oouncil of LaPorte, Tex~s, which ,ordinance is recorded in the Minutes of said Oouncil'~ AND IT IS FURTHER OERTIFIED AND REOITED that all acts, I~onditions and things required to be done precedent to and in the :Lssuance of this Warrant, have been properly done, have happened and been performed, in regular and due time, form and manner, as :t'equlred by law, and that the total indebtedness of sa.id Oi ty, in- (~luding this Warrant, a.nd the entire series of which this is one, does not exceed any constitutional or statutory limitation; and that provision has been made for the levyinB of taxes annually for the payment of principal and interest of this Warrant, and all other Vlarfants of this series, as they respectively mature. THE DATE of this Warrant, in conformity with the ordinance E~ove mentioned, is March 10, 1929.