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<br />,.,.-- -. <br />, ., <br /> <br />,1- . <br /> <br />-....;~. <br /> <br />-- <br /> <br />e <br /> <br />...... ---I. <br /> <br />. <br /> <br />. .1 <br /> <br />. <br /> <br />-' <br /> <br />rate of 4-1/2% per annum, interest payable December l5~ 1954 and <br />semi-annually thereafter on June 15th and December 15th of each <br />year until paid. Both principal and interest on this warrant are <br />payable to the bearer at The First National Bank, La Porte, Texas~ <br />and for the prompt payment of this warrant at maturity and interest <br />thereon as it becomes due~ the full faith~ credit and resources <br />of said City are hereby irrevocably pledged. <br />This warrant is one of a series of twenty-one (21) serial <br />warrants of like tenor and effect~ except as to number and <br />maturity~ dated December l5~ 1953~ numbered from 1 to 42~ both <br />inclusive~ in the denomination of Five Hundred Dollars ($500.00) <br /> <br />. - . <br /> <br />each~ aggregating Twenty One Thousand Dollars ($2l~000.OO) and is <br />issued for the purpose of evidencing the indebtedness of the City <br />of La Porte for furnishing all necessary materials, maChinery, <br />equipment~ super1ntendence~ and labor ~or making certain improve- <br />ments to certain streets in the City of La Porte, Texas, including <br />all engineering and other professional expenses necessary and <br />pertinent to said work, the benefits of which are hereby acknowledg d <br />i to have been received by said City under and in strict conformity <br />with the Constitution and laws of the state of Texas, including <br />Chapter l63~ Acts of the 42nd Legislature of Texas~ Regular Session~ <br /> <br />., <br />1931~ as amended, the City Charter of said City~ and pursuant to <br />an ordinance adopted by the City Commission of said City which is <br />of record in the minutes of said City Commission. <br />The date of this warrant~ in conformity with the ordinance <br />above mentioned~ is December 15, 1953. <br /> <br />. <br />It is hereby certified~ recited and represented that the <br />issuance of this warrant and the series of which it is a part is <br />duly authorized by law; that all acts~ conditions and things <br />required to be done precedent to and in the issuance of this series <br />of warrants have been properly done and performed and have happened <br /> <br />II <br />II <br />