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O-1951-413
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O-1951-413
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Last modified
11/2/2016 3:38:19 PM
Creation date
10/23/2006 4:56:39 PM
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Legislative Records
Legislative Type
Ordinance
Date
6/7/1951
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<br />Ol~ ~HOUSAND DOLLARS <br />(~l,OOO.OO), in lawful money of the United States of America wi';h <br />interes'c thereon from the date hereof at the ra'.;e of (*~;) per an- <br /> <br />.. <br /> <br />COUH'i:'Y Oi? HARRIS <br />CrrfY OJ? LA PORTE \"jA'I'El1~10RI<S AND SElrmR SYSTEM REVENUE BOl'm, <br />SERIES 1951 <br />The City of La Porte, in the County of Harris, State of ?exas, <br />for value received, hereby acknowledges itself indebted to 'and <br />promises to pay to the bearer on the 15th day 0:' J.iiarch, 19_, ';he <br />sum of <br /> <br />S'1'1\ I],'Z OF If3XAS <br /> <br />-- <br /> <br />UNITZD STATES O~ AMERIOA <br /> <br />~l,OOO.OO <br /> <br />they severally become due or, as to interest falling due on and <br />prior to maturity, upon presentation and surrender of the interE~st <br />coupons attached to said bonds as they severallJT become due. <br />Section 4: That each of said bonds shall be signed by the r~&yor, <br />countersigned by the City Clerk, and the corporute seal of the Gi~y <br />shal~ be impressed upon each of said bonds. The facsimile signa- <br />tureu of the Mayor and City Clerk may be lithographed, engraved <br />or prim:;ed upon the coupons attached to said bonds and shall ha~re <br />the same effect as if they had been signed by said officers. <br />Sect~_on 5: The form of said bonds shall be subatantially as fol- <br />lows: <br />No. <br /> <br />e <br /> <br />Section 3: That said bonds shall bear interest as follows: Bonds <br />i'Jos. 1 to 8, both inclus::..ve, at the rate of 3-l/4~; per annum; and <br />bonds Nos. 9 'GO 50, both inclusive, at the rate of 3-1/2;; per annurr., <br />lnteres~ p&;yable l\larch 15, 1952 and semi-annually thereafter on <br />September 15th and f.iarch 15th in each year until the princip&l flUlJ <br />is pt:.id. Both principal and interest shall be :nl,yable in lawful <br />1110nc~. of the United States of Amer':'ca at the :(I':.o..1'8t !\~ational Bank, <br />La Porte, Texas, upon presentation and surrender of che bonds as <br /> <br />- e. <br /> <br />e <br /> <br />e <br /> <br />
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