Ord 665 12/15/1925 OR)IYr AN
CIF, 1,10,
la° 'E�C1T.L?" (;CUpOK,11 BONDS
IirC; TC { m I:i 3 s 'ua�i 3 t �T7.�► u
rr t ry sN 011DI1�2�C.., "T y y, jTn.7r �' y�' I�DR7LIJ TgoUra.�ID
V Psis V�(.i i ".�� � ..rlv:.''.:.1,A�i. Y.• T >>,F+� l,V+'ita�,`�Jt, Td.li Jrt.1� + l.�,iN 1 n+r14tt'�+Qalf$+,a 1� t �+; 1 GH
fia.` B+�O�O+UOu} HT. DULY I
i^1..url.I%jf`"D Al. t'riM �.�L�L+�i T���k��. TAX
()jj E C �C',42 g�����i'�,�?sY
a Ut VsJ i; t it a C'.1 ruifJ FC W, UL JV 7LSi ..:.. ►
zT`I.L '3'So Cl' :E y iG ,Ty III 8AI D CITY' FOR "T"x F'YTr.L;�!'1` (F 1rn7 t C7I'r.L I.:�'
m'"" �+` tPlt;� k'11_IFG yyyTtt ��4�►�s: l
t ,:t �+
on the 10tb day cf November$ 1�3u5, pursuat,t to notice duly
fiver, an election as 'i:eld in said City of
' ic:;ita Pals, '.;ze::>5ta Coin
ua:,e :3f ubr, tt�i1r; t� t`.e ;u.I ifi�.ci i,zi?�rty° t�1x-
vtata of Texas, for the puxp.
s., 1 c� ; re o.-iti0l"
w�Uters of ;;,:id Git;T tx�s f,..t.lo�•,,.�^.� p p
xpuy�ix,t .
T {.)f .K�ci;�t;€� �'�;.lU bo c,� tuar-
" llul� t'_ie 8001d of ,k1 eren ref t ,e Ci.t�
r d of tile: City of "ieflita Fall$ is the aura of Giza Years
from
i 4ad to issue t: e bor. in 'rom oae tc t?,.irty yetarJ
T"iousa;3d dollars ( 100,OOO) to naturegliesly n t reF- uartOra per
t%s elate t, czoof, bearir_g iritez— t (it thL re:te of four i1sr� , , flznc s 1 r�r
CBiitt,iu p za1.Atb. , pa;r ;'a1e ,ar�.i- n��ua:1 Y,
for the � 1T'pv38 of prvcdii� � i.evy
tl,e construction of permarer�t street irprov ants in as i'or said city,
a tax suf f ci eY't to pay
t's,� it tereat osaic' uor.,8:. a;� it a.cc.rue: aid the
principal luher of at Traturityr"
and;
-win by the canv return:. Of of tae return of said oloctlon as
as sh
Gal + certified and returned to tk:i8 board by the judges and Clerks t�,ex°eUf;ti.is briar'- of z ldex�en f��und f,.d Y�ero_
by declaree, of record treat said election
;r_i called, and notice thereof du y riven, cxzd cor,�:0aterl in stxict orfe �.it
r uirements of jav�,- aLd that Ul)er� e.e cast at Diu r,locuio boo
,atu the ' `r r xtzib%t the isatr�snce cif
:�otUc, of vi—Ach -483 Vere -�n fa.or of and 1.77 �,
t)on,15; ey'
• ua�i.Yiad i>:,'•oi}erty tr�s.�uS,i7�r cfotere
lev4ful xiajor�ty c�" the
voting or; c id }iUp05i Lion Gist t.,eir ba,lotw in favor of the i:�e=��ar.c�s of :aid
voids, the i�d jjroQ t-,.®reoi has be,3n duly' authorized, NCA1, "herefc:�re,
Y�t7 U
Ainy
la.! �J4117.YOF
DE, IT CRDAIi 1D
;C"FICid 1. 'hat there are hereby ordered and directed to be ir,sued
with tho form as ',i.ere-
the ne,,otSable coupon bonds of .raid civy, in aCc1 x ,j ae Doll.ar,3
ia)after :et uuL 1.,, ti.e a�.;regata ,otiz,t (;f �f"e to i a� ee;s�xud
d .'i,ull be c�Q: iL;7,�:t 8C' `°�rI'n r IZ"_1�;V ,., '1' 3C "ua C' '
( 1cc,00i}) , rich s tici '�olt s t Cne hun-
19�.0 End ,a;ll be cr e kund, ed (1CC} in number, nux�bere o Gne (l) � 1 C�0
tact;, inclusive of
r�Fe cencrninaticn of L��o pay
elre . �'ICON , r� payable Nex ial l�r as
each; ?.: be dated .Sec erA)er V5, 19"U, µridclue tnd p t,
ors:
I,).elu.eivp�
T�c.erTibar 15, 1`�26
1 to 2 ",n00 f; 15, 1927
^2,1,OC f 15, 1.928
` ,�,0 o
to 6 •+ 1, � 1�,129
7 to 8 2,0� lw, 1�.r3t3
`:,,000to 10
1 y 1r)31
1.1 +0 13 3,000
1,4 to 16 3,,:OC .L5, i9313
17 to 19 CCC rr 15, I IXA
J c o 22 ' rr 3.5, 19
",,COO + 1.J, i��6
23 to 25 �5,C0O
26 to 28 3,C0O 15, 193`7
29 to 31 tr 15, 1936
32 to O00 r, 15, 193E
35 to 3� 3,C� 1940
38 to 40 az, 00 OOfl r. lu, 10.41
41 t c; 44
4 15, 1942
4,COC
45 to 48 i,G CC " 15, 1,4,3
49 to 5`W n 15, 1944:
4 000
53 t0 56 �
(Inclusive)
190
57 to 60 000 1946
61 to 64 4,000 1947
55 to 68 4,000 1b P 1948
69 to 72 4,000 1949
7'1- to 76 l9bo
177 to PO 4,000 1951
P! to 84 4,000 15, 19,52
8b to 88 '�'000 15, 1963
89 to 92 4,000 1�5' 1954
9,,5 to 96 A. 1qb5
99 to 100 4,0()0
r interest froy�- !-�eir dntO Unti-I Pk)ldser at the
;aid bonds :!ball ben U . I..
rri
-n per contum POr ennurn, payable
,te our and t nree -uartars
I -rb in each year (eY06rt that
annually on the Fifteenth i.)ay of June and I.-ace er of
ttle fir. I nature T)mcerber lb, 1926), which in-,:,tallmentB
.,rst intermst shal evidenced b-
Of princiml &R11 T np-PrOPr at 0
interest tO Cate Or rtftturt-7 ant.1 both priliciPal and interest ishn-i-I
coupom- aTtp.cPPd. to etleh Of said bonds, Rt the T4anover
be pa yab.le in 1awf"I money of the United StFAtes of America,
14etiorlal in the Git7 of New York, -3t.,Ite cat, 1,iair york.
each of said b0T
2. That OR �jds' the coupons thereto attRch6d,
and the endorsements and certificates thereon sbel.1 be In gubstential1v the
Perm: (j,orm of Bond)
LIFITE11) -3-TATRS OF XY-FRICA
STATE OF TEVS
CITy of ',*,',TCTIITA YU,1Z I�1'000.00
Po.
Y. �By THE",-'s That the city of Achita. 'Palls , a
rrunicipal, corporation duly IncOrPOratecl anc' existiDF under end by virt'll-m Of
the C Texas, for value received, is Indebted,
(.), 9nd !^we of the, qt,9te Of
t2he 811
L ay to the bearer vi Of
and bereb-yr prorises to pay
ON TTIOUSAT47) TVAARS
on the v:-itteentli T)ay of Decer:ber, ft-D- 19--, together with interest V-,ereon
from the date hereof until -iaid, at the rate of four ard three-quarters per
able semi-0 71:1111%4111V 011 the Fifteenth Dev of -Turs and
certuin (4�54, ) per annmn, payable first tnterest shellrature "cm,,�ber
December Of. ench Year (OxcePt that the U-non the �-Urrereler of the
lgp,6); .avid Interest evidenced by L-n.d to be ptiid both Prircipp-1 and
hereto Ltte�'c,j,ef� as the,
CojjDOY severally becor* di.1f e an or
AS n jav a ful money Of the United States Of ricc t the Ov
irterest pa,7eble I
York, �,tate of 1'eiiv fork; are the full faith,
hationekl Bank In. the (-',ity Of '6W -
et f,lty Or Pejas are hereby Irrevocably
of f�%_lid
credit aunt resoiirc nt of the Jrtert�-st or. and prircipml of this bone
pledged for tte provpt PaY—me
,at trie r9qec-t of the oir.ner end upon. presentation to the City Treas-
urer of the Gj,t7- Of ;Achita Jails, Texas, this ,ono will be registered with the
principAl peynble, to the registered o�,-ner thereof-
111il,S BOND Is One Of a serJes nuribered ror Cne (1) to ('me lountired
j100), both inclusive, of like riete 81io tenor (except as to date of rnaturity) ,
issued for the purpose of providing furds for the constructir-MA of permanent
aid city, UP-00r an0 by virtue of the ';Onstitution
street improvement's ill and for sthe C arter of tie -itjr of aifbita polls, e
and Lawt3 oj* the -.,-,tete or texas, inep at an election
aajoritY vote of tjie qualified, property taT.payin, voters vOt
I
duly and legally held on tile 10tV day of !�Overf,.ber, 1925, ane pursuort to an
d City.
erreli Of S�i
Qce duly and., regulerly adopted by the Board of Ald
niat provi,JOD 11,16 beer: madeAj_- T, IS HE.RLBY MRT w. _1
as reauired by the Gon8titutiOn and Laws of the -,tate of Texas for the lOvY
0,6a to
�t topay the interebt on seid bone
and collection Of an annual Lax 3ufri L a thereof at JiAtu r*-1
ty, nd
ae the bww shECLIi. becolUe due and topny the i rine .i-pal a at () 'and 111
theft all acto, conc nLE,itio and uings reoxxix-�d. to '06 401-0 Prt30 6 't t
tile iu&uance of thia bond have been properly dolle, have LuPPened tin6 been per-
formed in regular ttad due furor and tilue as required by tile cul'";itutiijo and
lay„ ul 11&rtor of the City Of .�44&ita galls,
che of Texa's aud. tile meaty , n
_e� that the total indebtedness of said city, iVIcLudillg till.: Mond, does not
exceed any coaatitutiuiial or atututory lii�4ititiOA-
ij.111 the wit r of 4* joi-Lita jails, by its Board of Alder-
men, ita6 caused this bond to be signed by its iayor countersigned by itb CAtY
Clerk and ragi6tered by itb c;ity �A.Ireaauribr, vith it'3 cOrPOrt" 6akil iil;pros6ed
here'Ou, and txe annexed intare6t QouPOrla W be eAecuLbd by tue iitLLO6raPh8d fac-
ai.aiie signatures of 6&id ,ayur and GItY Oierk as of the iii'tee"th ay of
counterMh!9le d; xbayar, Of '141A1ita Texas
R6GL3TSRED%
City Clerk
(Form of V"oupon) 423.75
0A the icifteenth Day of
The CILY Of oUichita Falls
lexab, plojaloes topay to bearer the su-m Of I
75/luU Dollars (4ZZ�-75) in lawful giOne-Y of t;,e 'United 5tates of !,�u�oriea at the
reSt
Lano a Aa
ver i,� l wank, in tiro City c)f _
eii York, tate of Al�ew York, for intt�
due that clay oil its
c Zuu6ciad DO.Llarz dated r)eeeiaber 13 125,F19 f ,ne ayor
(Form of certificate of Corptroller of L'=c�ujjtt3 to be endorsed
on e�1041 bo.Lid oxi t-he back 'ci�,ereof.
Li' TZL&
C-i ST1,TL OF TEXAS
RLGI�oT! R
I LI IjLBY IVERTIiT that ttAere is on file and of record in my office a
I d
eartificale OL the kNttorney General of the c;tatr, of Texaco to t�le effect th t
this bond has been examiaed by r-ir, as required by ,lrticle 619, ,jeViSed OJV41
Statutes of the tate of "exas, and tiat it has been is6uad in 0011-'Or ity it
the �,cojj,4titutjun aad Lao's of t110 Mate of rexa6, anct that it is a valid and
U 1 h->c'
V Texas, tilld paid biudiLg oblij�,ation uPG-a the City 'ic
tbit, day been rai;i6tered by irie-
ix;y E-ARD and seal of oflice at �u�tin, cxas, CU t.ici4y the
de'y of 192 .
p t rolier of ubiie AccOuute Of e
I the
'tate of leXa&
C-1
Th-is bond vaay be regigtored ti, to p,-),cjj)a1_ i,.nder tho sioiature
of thii treasurer of t1le "ity of VjcLjta riAls belch, anel ohall ther3af!;817 be
t-ran,3ferable only by rrittan asoijgmaant of Vne re,7i8terod omner or his attor)aey
duly ackmovleO.,--ed or roveOs simb, traw,,fer to be cmdorsed Yareon tne, entered
O�n tt,e, uoo, t; of snia treo,3nrar Ike-pt -for thiat pux;)0fla4l. Note-it' stayle,111C such
registriltion toe coupons wIll reralri pay,-,,ble to 'Ierirer, vtI.r, bond ray be
traansferred to bearer:
-, k1te of
�arw of
Treasurer
sall, as,jlgn arA trar.-fifer the
within b or,6 unto
7-,at ed 1_9
S,�CTIU%-, Z. I'Lat each of 3&id bonds shall be iiiade payable to bearer
vith the furt"Ier pr_,vlsicr�, llia?,ever, that at t3,,a rec.-cent cif ticio Ali= cNaer,
the -swi�e amy bo registered ,Ata the principal payable to the re6iL;tared 0:.,Ilar
tj-
,Oreof; 4-
.Ell each of :iRid bonds uhaU be sigmd by the mayor ;amd countersigned
by the clerk -Lid registored by tl-;e treaslirer of amid cityl itb 'die clorix rate
--,eel of said city izipres4ied thereon, zaC each of interest coupona shall be
exoeutod by t�-.e lithograpl-ind Pacsixiile sIE;natureS of --aid :,jayor aac:- city clerk.
3730TION 4. Tbat to p8y the interest on, auid bonds a.9 the same Shall
baa,:me due and to ersate as oinking fund s%ifficient to diacharg$ tha jLriv I al
1�1 1c �)
theroof at :,.aturit;f, there ,,hall be 1(jvied, und there Is hc-:r,ab7r le-,fiad for the
Oft
year 19-26, a tr4,7, of C175 cents on each One `Lundred Dollars' va 11m)ti 0 f t ax
-
able Property in said city; that for the yea-!- 1927, aiid each 3-ucceediig year
while any of ,,-aid bo--ds are ouUtanding and unpaid, there shall be computed arid
ascertained -kihat rate of tax based upon tl'ae lateat approved tfix rolla of said
c: ty, xi will be required to fully 7make, raise and produce in each of said years
as eum r)f mmey Decesaary to pay all int�re6t accruing arkd becoming clue in said
year and to provide a sinking fund equal of ease-thirtieth of the principal of
said bonds, and a tax at suca rate aE wiall be found ne>ceasary, Lihoal be levied,
mid (,D_'L1cc1Qed in each of said year*, and at tl:e ttyre. other city taxes
are levied, assessed and collected and the proceads, from sait! taxes bheill 'DO
applied to tine purposes Tm,iiod.
;�"TLA . sae fact t'iat 1-Uliere io tan ur-ant- public need for VA
I la 0
prove.,,lent of certaia public: :jtn3�'Aa jr, the 'jit-10r Of Z'J iGllita FallS, .Vfixas, due
to not Bain` proparly ;raided wad filled, endaneer-j tue property and healt-11 of
t�ja ejij eiaa of said, city, r-roatos and urgent necaoity demandiik,, �zrd ra4uixinr,
t=*jat 10 proviojon;5 of tno city charter -,)-,oviding for the readinc of ordinances
k1_1 13 1 -
on tiirao se,parate days a,ad
providing that ordifiances siiall not go into effect
until thirty 6aye3, be eucpendod and. this crdinsaice is pt.:kssed w-, an ei,er6/er3cy
maa.mre and shall taps effect and be in force from and after its passage, and
It is so ordained.
llas,:�ed and approvek! on this the 21"Ord day of 1-imurber, A.D. 1925.
0. �
ATNST:
�;Ity Clerk