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<br />e <br /> <br />e <br /> <br />- <br /> <br />Section 5; <br /> <br />FORM OF BONDS~ That said bonds shall be in substantially the fol- <br /> <br />lowing form: <br /> <br />No. <br /> <br />$1,000 <br /> <br />UNITED STATES OF AMERICA <br />STATE OF TEXAS <br />COUNTY OF HARRIS <br /> <br />CITY OF LA PORTE, TEXAS,? SEWER SYSTEM REFUNDING BOND <br />SERIES 1962 <br /> <br />THE CITY OF LA PORTE, in the County of Harris, in the <br /> <br />State of Texas, FOR VALUE RECEIVED, acknowledges itself indebted <br /> <br />e <br /> <br />to and hereby PROMISES TO PAY TO BEARER ON THE 15TH DAY OF APRIL, <br /> <br />19___, the sum of <br /> <br />ONE THOUSAND DOLLARS <br /> <br />($1,000), with interest thereon from the date hereof at the rate <br /> <br /> <br />of f).;')~< % per annum, interest payable October 15, 1962, and semi- <br /> <br /> <br />annually thereafter on April 15th and October 15th of each year <br /> <br />until the principal sum shall be paid. Both principal of and in- <br /> <br />terest on this bond are payable in lawful money of the United States <br /> <br />of America, without exchange or collection charges to the owner or <br /> <br /> <br />ti' holder, at the La Porte State Bank, La Porte, Texas. The principal <br /> <br /> <br />hereof shall be payable only upon presentation and surrender of <br /> <br />this bond, and interest hereon falling due on and prior to the matu- <br /> <br />rity of this bond shall be pa.yable only upon presentation and sur- <br /> <br />render of the interest coupons hereto attached as such coupons <br /> <br />severally become due. <br /> <br />THE DATE OF THIS BOND, in conformity with the ordinance <br /> <br />hereinafter mentioned, IS APRIL 15, 1962. <br /> <br />THIS BOND IS ONE OF A SERIES OF 41 SERIAL BONDS of like <br /> <br />'it date and tenor, except as to serial number and maturity, being <br /> <br />numbered consecutively from 1. to 41, both inclusive, in the <br /> <br />-6- <br />