Ord 1307 9/24/1940 UM�INAHGL LO 1307 -
Uj,�LDjjijkiiel� by the Board of i,,,ldermen of the
city of Wichita yallso Texas, authorizing
the issuance of bonds for the principal
sum of 450,00o#000 for the purpose of re-
pairing and improving the police Station
and Central Fire station owned by said
City; presoribing, the forlu of bond,, inter-
est coupons and oertifloats of registra-
tion; levying a continuing direct annual
ad valorem tax on all taxable properties
within the limits of said City to pay the
Interest on such bonds and to create a
sinking fund for the redemption thereoft
and providing for the assessment and col-
leation of such tax; enacting provisions
Incident and relating to the subjeot and
purpose of this ordinance; and declaring
an emergency,"
WI.IUF.AS, under and by virtue of an ordinance duly
passed and adopted by the Board of Aldermen of the City Of
wiehita Falls* Taxes, un the 12th day of 6eptembert 1938t BU
election was ordered to be hold in said Qjty on the 30t1i day
of �;eptember, 19380 and at whI011 olection the following pro-
position was submitted to the qualified electors of said City:
N>W�LL the Uoard of Alderman of the
City of Vijohita Fallst Texest be authorized to
issue bonds for the purpose of repairing and Im-
proving the ,,Olice I;tation and Central Fire
�;tatjon owned by said Gity in the sum of FIFTY
VIOU'k�,,ND (4500UOU.0u) D0jjjjjb to mature serially
from 1 to 2.r.) years,, from the date thereof bear-
ing Intorest at the rate of 0 per annum, payable
semi-annuallys, and levy a tax sufficient to pay the
annual interest and provide a sinking fund to pay
the bonds at naturity'VI
Aw) waIMEAS, upon consideration of the returns
of sold elections the board of Aldermen found that said eleo-
tion had been conducted in the manner prescribed by law, and
was In all respoOts legally hold, after due and proper notioO
as required by law; that due returns of said, election had been
made by the proper officers; that said election resulted favor-
ably to tile issuance of said bonds; tilat a naJority of the
qualified electoral voting at said eleetion.voted in favor of
the issuance of said bonds; and that tile Board of Aldemen Is
in all things authorized to issue said bonds and to do any and
all things necessary and/or convenient in oonnection therewith;
thereforel
BF. IT ORDAINED BY MiL BOi-IW ;JF L"_1tk"Z UF T"L'
OITY OF WICUTS1 Fi�116s Tj; , as follows:
5gC(,jjALl#. That the bonds of said Cityp to be
called "CITY oF Y11011ITA V!,L1.';j TSxi,56 I�OUCR Fjj�L 3UT101i
ju�1,r,.OV'aLRNT BONDSO" be issued under and by virtue of the
Constitution and laws of the 6tate of Texast and tile Charter of
said City, as amendedo for the purpose of repairing and improving
the yolice station and Central Fire Station owned by said Cityl
in the principal sum of FIFTY T1jOUwhD DOLLARS (WoOUO-00) ,
LiBCT_10N 2: That said bonds shall be numbored con-
scoutively from One ( 1) to Fifty (50) . both inclusive ; shall be
of the denomination of QNI; VUQU,�,AND DOLLAILt-r- W1*UO0.OU) OaOh;
aggregating tile sulu of VIFTY THOWALD DULLABI� (4500000.0u) #
,i I' hall be dated the
, SQ 1QN_ That anid bonds 8,
M;��T MY OF UCTOBMIt 1940t and shall become due and payable*
seriallyo according to the following schedule:
130 NUU W, IW i42"k &S�U_M;
1 NI) ��Bis -April It 1942 410000*00
2 April Is 1943 18,000OU0
3-4 April Is 19" 2SO00.00
5-6 April Is 1945 2OU00.00
1-8 April 10 lii46 20 ow*00
9-10 April Is 1947 20000.00
11-12 April 1* 1948 20000000
13-14 April It 1949 20000*00
15-16 April It 1950 21000-00
17-18 April It 1951 20000.00
19-20 April Is 1952 20000000
21-22 April 1, 1953 ZOU00000
23-24 April 19 1954 2OU00.00
25-26 April It 1955 20000.uo
27-28 April It 1956 20000.00
29-30 April It 1957 20000.00
31-32 April It 1958 28000.uo
33-34 April 1* 1959 20000600
35-36 April 1* 1960 20OUQ.0U
37-38 April 1* 1961 2000u.uo
39-40-41 April 10 1962 30000.00
42-43-" April It 1963 39000.UO
45-46-47 April It 1964 31OU0.00
48-49-50 April 1* 1965 3000U.00
N That said bonds shall bear Interest
from date until paid at the rats Of 'nM" 'aZ
C,MTUV -annually on iipril lot and
. ( 3jA) per &nnumt payable semi
00tober lots In saah year, first interest payment date being
April 10 1941; S40h interest to be evidenCed by proper ooupOns
attaohed to saclj of said bonds*
5: That the principal and Interest of
said acries of bonda 1�hall 'be payable on presentation and our-
render of bonda or prope;� couponav in lawful money of the
M&GANTILLE NATIOW,,L W�11&
United Z�tatos of jimerivav at
AT DALV-,:jv DALIJ�61 TEXISe
6: That each of said bondis shall be
,k and
signed by the jji�ayor, oountersigned by the UitY U101 ,
sealed with the seal Of the City* and the interest ooapons
attached to said bonds shall be executed with the lithographed
or printed faogimilO signatures of said officers.
S�%CT�JoJ4_ 7: That the fOrM Of said bonds shall be
substantially as follows:
NO. UNInCD sTjkTES OF AUERICA 41SOU0.00
sTf,TA OF VAAS
COUNTY ol? ,jijC!!1TJL.
civ OF W101-.11TA rkLLSO, ThXAS, 1-,OLICE
AND FIRS 4�,'TATION ImplZOVIAW—T
DUND.
CIrly Up 5ij(;jjj12iA F;--LL.5,0 a munial",-'al corporation
of tile 0� tate of Texfjst soknowledg011 itsOlf indebted to ands
FOR VAWH 1L,=1VLD,, hereby promises to pay to bearer, tile sum of
ONE THOUW'HD DOLLkliS
(41$000.00) 0 in lawful money of the United jUtates of ;iwlericao
on the DAY 0 F 4i.1-RIL - -1, 19 . with interest
thereon from, the date hereof until paid at the rate of
TUM .6HR UNR-HA1Y___ PM ca'I'm A 16) per annum. pay-
able semi-annually on April ist and October let. in each year,
first interest payment date being April 1. 1941, on presenta-
tion and surrender of the annexed coupons as they severally
rae ture 9
BOTH 1,RINCIPAL and interest of this bond are
hereby made payable at - 1 MaCANTILY6 NATIONAL BANK AT
RA, LIL�1'13�- DALLAS A�-TUAS& —
and for the prompt payi�ient of this bond and the interest thereon
at maturity, the full f6ithe credit end resouroes of the UitY Of
Wichita Fallat Texas, are hereby irrevocably pledg944,
UiJS BOND is one of a series of Fifty ( 50) bonds,
numbered consecutively from One ( 1) to Fifty ( 50) . both inclusive$
of the denuiaination of ONE' TEOU6ANT DOLIARL.� (4;1$Ou0-U0) 0Echo
aggreeating the sLui of 1PIrTY T-14,L)Ut�ja,;D DOLIthl� (#50,U00.00) . issued
for the purpoue of repairing and iaproving the police Station and
Central Fire Station owned by said City, under authority of the
Constitution and laws Of tile 6tate of Texas, and tile Charter of
said City$ as amended, and pursuant to an ordinance adopted by
the board of Alderman of tile City of �jjohita Falls, Texas$ and
duly recorded in the kinutes of said Board*
IT IS 111alLBY GERTIP1109 RhCIT1X kND REPIL�UiMiTa
that the issuance of this bond, and the series of which it is
a part, is duly authorized by law and by a vote of the qualified
property taxpaying voters of the City of V4iQh1ta Falls* Texast
voting at an election held for that purpose within said City on
the 30th day of Lieptember, 1938; that fill a0tG, conditions and
things required to be done precedent to rind in the issuance Of
this series of bonds, and of this bond, have been properly done
and performed and have happened in regular and due tiMat form
and manner as required by law; that sufficient and proper pro-
vision for the levy end collection of taxes has been made whiChs
when collsotedt shall be appropriated exclusively to the Pay40nt
of this bonds and of the series Or which it is a part, and to
the paylaent of tile interest 0ouPOns thereto annexed as the Sams
shall become due; and that the total indebtedness Of said City
of Wichita Falls,, Textial including tile entire serius of bonds
of -Whi0h this 14i one, doeb not exceed any constitutiunal or
stntutory lijultationo
114 WITNEZZ WilaWF, the (;ity Of W'ob'ta Falls*
Texast by its Board of Jildermeni, has caused this bond to be
signed by its Mayor and oounteraigned by itS ulty Clark and
sealed with the ssal Or said CitY0 and the interest coupons
hereto attached to be executed by the lithographed or printed
facsimile signatures of the uayor and uity Clark; and to be
dated the first day of octobart 194U#
-yor 10hita
Texas,
0 0 a T i7R.S,I GNB D
IMF- U14-r-F.- My 577 10h
yalls, Texas*
That the fora of Latereat coupon
shall be substantially as follovjs:
NO.
the C11TY OF wlojjlrj� Fj,,.Lkj, a municipal corpoVi-ti011 Of the 6tate
of Texas, hereby promib8s to pay to bearers at
NATIONAL WiNK AT DALIAS Dlajj�bj )CAS
tile sum of
I)OLLARo'
In lawfUl mOnSY Of the United States of ;,.merioa#
being Monthat interest due that d&y on the "CITY OF
"WIC121TA Ff.-LLSS T104,60 POLIGE AND FIRL iMVIUN W,RoV=-9NT BOND9
dated ootober 1. 194U- bond No.
Mayor.
C ty or
That the following cortif IcAte shall
be printed on the back of each bond:
OFFICE OF 00L.,j,jR0LLER# REG1.1 140.
LmA.T Or 0
CIW.TITY tj,.jit v,�ora j3 on file and or record
a certificate Of the kttol-ney ueaeral of the 6-tats Of
in ay office
Texas# to the effect that this bond hap been examined by him as re-
quired by law6 and that he finds viat it has been issued in oonfor-
Mity with tho uonatitution and laws Of the :�tata of Texas* and that
it is a valid and bindin,' obli-tf tion aald 01tY Of VAchita Falls$
Texas, and said bond A",ris this day boon registered by, me,
4 ly UFFICB at JILustino
jjt,,,ND AND SEPI, We Y
Texasi, this the day of
omptro or of PUUrc—k6c6Uuts
r
of the 3tate of lexas*
BE IT rURWI�R ORW,1NED By T-iig bo-"D
Ojp ALI)MOAUN, OF TM CITY OF VaCHITA FALL6* Tj"ALi-.
,jtat to pay the intereut on said bonds and erects
tug fund sufficient to redeem then at r48turityo a tax of
a
.00871 )
on e6ch one hundred dollars' veluation of all taxable property
in the City of VU0111ta Falls$ �.eexas. or such an amount Rs may at
all times be legally necessary, shall be annually levied on said
property and annually assessed and collected,, or so much thereof
as shall be necessary, or in addition thereto as may be required,9
until said bonds with interest thereon have been fully paid; and
the said tax of
( 5 9DL71 ) is here now levied for the current year# and so much
thereof as shall be necessary# or in addition thereto as may be
required$ is hereby levied for each succeeding year while said
bonds$ or any Of them. are outstandings and the slime shall be
annually assessed and collected and applied to the purpose named;
provided$ that to pay the Interest on said bonds that will mature
on April le 19411 there is hereby appropriatod the suu Of
.d to be in the TrOLsury
875-00 out of sums In tlie Treasury an
from taxes collected in due and regular order$ and the City Clerk
Is hereby authorized$ ordered and directed to place said amount to
the credit of this series of bondso and the said araount shall be
applied to the purpose stated , and none other,
lall bee
5j'C
r1lat tile yayor of said City sIl
.L
and Ile is hereby, euthorized to take and have charge of all
nooessary orders and records pending investigation by the
Atto:mey General of the 6tate of Texaso and shall take and
have charge and control of the bonds herein authorized pend-
ing their approval by the j�ttorney General and their registra-
tion by the Comptroller of Publie A000untso
-Le afore-
31p
It is hereby declured tjlf�t tj
said ordinance is an emergency measure; t1lat in order to
construct the improvements and repairs to the police Station
and Central Fire 6tation owned by said City at the earliest
possible date* there exists urgent public need for preserva-
tion of peace$ healtli and safety of property that this ordinanoe
shall take effect from and after Its Passags, and It is 30
ordained,
this tile day of
PA�R>a
baptmber,
Mayor 01 ty or W a
To a
'a
ATM;T:
-a-t-f -Clark C ty of ONINta 741
Texas*,
(City 6081)
WQMFIC,t'�ITL OF C171 CL6.hK
THE SWITZ UP Ttaisv
CITY OF %ICHITL P1�1169
GQUhTY OF wiohiTh.
Is j. ij. crouch, City Qlerk of the City
of wichits Falls* Texaso DO IMBBY GlUiTIFY that the fore-
going is a true and correct copy of Ordinance ho- 7------7-- S
adopted by the Board of Aldermen of said City on the
day of �jeptember,, 1940, at a
meeting of said board of Aldermen, and that it ties been
properly enrolled$ placed in the office of the City Clark
and approved by the liayor, having been recorded in
Ordinance Book No, of the Ordinanoo Records of said
city.
A4
111 11ANID ALI) a7l�L �)F MIZ ID CITY
Op this the 2ALL- ' day of 0eptember,
19400
ME Clark, City o? Wio Fallst -
Texas,
city �;Oai)