Ord 648 10/26/1925 ORDINANCE NO.
AN ORDINANCE PROVIDING FOR THE HOLDING
OF AN ERECTION IN THE CITY OF WICHITA
FALL ,TEXAS, FOR TIO PURPOSE OF SUBMITTING
TO THE QUALIFIED VOTERS OF SAID CITY ?MHO
ARE PROPERTY TAX PAYERS THEREIN A PROPOSI1
TION FOR THE ISSUANCE OF BONDS OF SAID
CITY IN THE AMOUNT OF ONE HUNDRED THOUSAND
($100,000.00) DOLLARS FOR THE PURPOSE OF
CONSTRUCTING PERMANENT STREET IMPROVEMENTS
IN SAID CITY,AND LEVYING A TAX ON ALL
TAXABLE PROPERTY IN SAID CITY TO PAY THE
PRINCIPAL AND INTEREST OF SAID BONDS
WHEREAS, the board of aldermen of the city of Wichita
Falls deems it necessary and expedient to borrow
money on the credit of the city in the sum of One
Hundred Thousand($100,000) Dollars and to secure the
payment thereof by the issuance of bonds of said city
in that amount for the purpose of raising funds to
pay the cost of constructing permanent street im-
provements in and for said city,
Now therefore, be it ordained by the Board of
Aldermen of the city of Wi eh i to Falls , Texas ;
Section 1: That an election be held in said
city on the tenth day of November,1925, at which
election the following proposition shall be submitted:
Shall the board of aldermen of the city of
Wichita Falls be authorized to issue the bonds of the
city of Wichita Falls in the stun of One Hundred
Thousand Dollars($100,000) to mature serially in from
one to thirty years from the date thereof,bearing
interest at the rate of four and three-quarters per
centum per annum,payable semi-annually,for the purpose
of providing funds for the constructing of permanent
street improvements in and: for said city and to levy
a tax sufficient to pay the interest on said bonds
as it accrues and the principal thereof at maturity?
Section 2: The said election shall be held at
the city hall and in Wichita county court house in
the city of Wichita Falls and shall be conducted by
the following named persons :
Nat L. Inge,presiding judge,city hall box,
R. E. Strange, clerk, city hall box.
Boyd Dooley, clerk, city hall box.
Mrs.&athlean Gorsline, clerk, city hall box.
Dan White ,presiding judge,court house box.
F.E.Mashburn, clerk, court house box.
Robert McCulloch,clerk, court house box.
Walter Robbins ,clerk, court house box.
Voters living east of Lamar Street and north-
east of the Wichita River and southeast of the Wichita
Valley railway track in said city shall vote at the
city hall box; all voters living west of Lamar Street
in said city shall vote at the court house box.
Section 3: The said election shall be held in
accordance with the general election laws and only
qualified voters who are property taxpayers in said
city shall be allowed to vote.
# 2.
Section 4: The ballots to be used at
said election shall contain the proposition sub-
stantially as above set forth,followed by the
words" for the issuance of bonds" and "against
the issuance of bondsif e
Section 5: Notice of said election
shall be given by the mayor by publishing a copy
of this ordinance with the words "Notice of
Election" prefixed thereto ten days next pre-
ceding the date of said election in the Wichita
Falls Record News, a newspaper published in this
city.
Section 6: That because of the defective
condition of the public streets in the City of
Wichita Falls,Texas due to not being properly
graded and filled in endangers the property and
health of the citizens of said city; creates an
urgent necessity demanding and requiring that the
provisions of the City Charter providing for the
reading of ordinances on three separate days and
providing that ordinance shall not go into effect
until thirty days be suspended and this ordinance
is passed as an emergendy measure and shall take
effect and be in force from and after its passage
and it is so ordained.
Passed and approved this the 26th day
of October, A.D.1925.
ATTEST: Mayor*
City erk
Approved as o form:
C i y orney.