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<br />. 'e <br /> <br /> YEARS AMOUNTS YEARS AMOUNTS <br />.' 1968 $ 5,000 1978 $25,000 <br />1969 10,000 1979 25,000 <br />1970 lO,OOO 1980 30,000 <br /> 1971 lO,OOO 1981, ' 30,000 <br /> 1972 15,000 1982 40,000 <br /> 1973 l5,000 198~ 50,000 <br /> 1974 20,000 1984 50,000 <br /> 1975 20,000 1985 50,OQO <br /> 1976 25,000 1986 50,000 <br /> 1977 25,000 <br /> <br />Section 3. That said bonds shall bear interest from <br /> <br />their date until maturity at the following rates: <br /> <br />all bonds scheduled to mature during the years <br />1968 through "72. ------------------- s-: 00% per annum; <br /> <br />'.' <br />.. <br /> <br />all bonds scheduled to ma ture during the years <br />'73 through 77 ----------------~-- ~ 'l r % per annum; <br />all bonds scheduled to mature during the years <br />?g through g# ------------------- s.lo % per annum; <br />all bonds scheduled to mature during the years <br />&'J through fl' ------------------- .~. 7[) % per annum; <br /> <br /> <br />years <br />~-- ...............-. <br />~ ~, <br /> <br />\ <br /> <br />with said interest to be evidenced by interest coupons payable <br /> <br />on February l, 1966, and semi-annually thereafter on each <br /> <br />August 1 and February l. <br /> <br />Section 4. That the principal of and interest on said <br /> <br />. <br /> <br />bonds shall be payable to bearer, in lawful money of the United <br /> <br />States of America, without exchange or collection charges to <br /> <br />the bearer, upon presentation and surrender of proper bond or <br /> <br />interest coupon, at the Houston National Bank, Houston, Texas,. <br /> <br />or, at the option of the bearer, at the, Bayshore National Bank, <br /> <br />La Porte, Texas, which places shall be the paying agents for <br /> <br />,/ <br /> <br />, sa id bonds. <br /> <br />t <br />