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O-1938-268
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O-1938-268
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Last modified
11/2/2016 3:38:17 PM
Creation date
10/23/2006 1:17:44 PM
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Legislative Records
Legislative Type
Ordinance
Date
5/23/1938
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<br />. <br /> <br />-- <br /> <br />-4G> <br /> <br />shall ce payable in lawful money of the United States of America <br /> <br />upon presentation and surrender of bond or proper coupon at the <br /> <br />e <br /> <br />First Ne3;ional Bank of La Porte in La Porte, Texas. <br /> <br />Each of' suoh bonds shall be signed by the Dayor, <br />counters~gned by the City Secretary, and registered by the County <br /> <br />- <br />Treasurer', and the oorporate seal of the City of La. Porte shall be <br />" <br /> <br />impressecT upon each of them. The coupons attached to su~h conds <br /> <br />may be executed by the fac-simile signatures of ~he Mayor and City <br />Secretary, and shall have the same effect as if they had been signed <br /> <br />by them. <br /> <br />Such bonds shall be in form and oontain reoitals sub- <br /> <br />- <br /> <br />stantiallyas follower <br /> <br />No. <br />- <br /> <br />$500.00 <br /> <br />UNITED STATES OF .AMERICA <br /> <br />STATE OF TEXAS <br /> <br />CITY OF LA PORTE <br /> <br />CITY OF LA PORTE SEV.TER FOl\J])ING BOND <br /> <br />KNCri ALL MEN BY THESE PRESENTS: That the City of <br /> <br />La Porte, a municipal corporation, duly inoorporated under the laws <br />n <br />or the Sta~e of Texas, for value received, aoknowledges itself indebted <br /> <br />and hereby promises to pay to bearer on the loth day of April, 19 the <br /> <br />sum of <br /> <br />-- <br /> <br />FIVE :auNDRED DOLLARS <br /> <br />in lawful money of the United States of America, with interest thereon <br /> <br />from date hereof at the rate of ~ per annum, interest payable April <br /> <br />10, 1939, and semi-a.nnually thereafter on October loth and .ti.pril loth <br /> <br />each year; prinoipal and interest payable upon presentation anD. surrend- <br /> <br />er of bond ~r proper coupon at the First National Bank of La Porte, in <br /> <br />La Porte, Texas, and the City of 1& Porte is hereby held and fi:rmly <br /> <br />bound and its faith and credit and all real and personal property in <br /> <br />said city is hereby pledged for the prompt payment of the principal <br /> <br />or this bond and the interest thereon as it matures. The City of <br /> <br />. <br />1& Porte reserves the right to oall this bond in either for redemption <br />n <br /> <br />-- <br /> <br />or for refunding at any time on or after ten years from its date by <br /> <br />paying par s.nd accrued interest, and in the event this bond chall be <br /> <br />called either for redemption or for refunding before its maturity, <br />therccf <br />notice/shall be given in \'7I'iting by the Treasurer of the City of: 1& <br /> <br />Forte to the First National Bank, at La Porte, Texas, at leatt thirty <br />() <br />
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