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No. i~ive, ior the su:n of ~=:our Thousand and No/100 Dollars
<br />($4,000o00), dGted September 39 r;. D., 19~)1, payable to
<br />bearer, due on or befole September 3s U., 1962, and
<br />bea-riny 1_nterest frofn date until paid, at the -rate of rour
<br />pe c,ent (4-) per annum, interest payable annually as it
<br />accrues.
<br />IJo. Six, for the surn of Four Thousand and flo`100 Jalla-rs
<br />($4,000.00), dated Septembe1r, 3, A. ll., 19~)7, payable to
<br />bearer, due on or i)efore Scptember 3, A. D., 1963, and
<br />bea-ring interest f.ro~~ date until paid, at the ra 'ue of four
<br />per cant (4;~) per annur,t, Inte-rest paYable annually as it
<br />accrues.
<br />No. Seven, fo,° the sum of Four Tizousand and 1111o/100 Dollais
<br />($4,000.00), dated Septei~aber 3, A. D.~ 19~)7, payable to
<br />bearer, clue on or before Septernber 3, A. D., 19u4, and
<br />bearing interest from date until paid, at the ratecf four
<br />per cent (4;;,) pe-, annur;i, inte.rest pUyable anmaally as it
<br />acc~-_rues.
<br />i1o. Eight, for the sum of Four Tnousand and No/100 Dollar.s
<br />($4,000.00), dated Septe.-mber 3, ,,1. D., 19`57, payable to
<br />bearer, ciue on or befo-re Septernbe-r 3, H. 190, and
<br />bearing interest fro;:l date until paid, at the rate of four
<br />per cent (4;~) pe-r annurfi, interest payable annually as it
<br />c3CCrUeS•
<br />No. Nine, for the swn o'r Fou_„ Thousand and Iv'o/100 Dollars
<br />($4,000.00), dated September 3, A. D., 1957, payable to
<br />bearer, due on or before September 3, A. D., 1966, and
<br />bearing interest fro;n date until paid, at the rate of four
<br />per c2nt (41~,) pei annu;n, interest payable annually as it
<br />accrues.
<br />No. Ten, for the surli of Four Thousand and PJo/100 Dollars
<br />($4,000.00), dated Septemlaer 3, A. D., 1937, payable to
<br />bearer, due on or before Septe;nbe-r 3. A. D.$ 1967, and
<br />bearing interest from date until paid, at the rate of four
<br />pe.r cent (4,J) per annum, interest payable annually as it
<br />acc-rueso
<br />The i1iayor of the City of raris is hereby authorized and directed
<br />to issue sucn ti:ae warrants on aehalf of the Gity af Paris, Texas, and the
<br />City Cler;: shall atl:est ihe sa:ile.
<br />2. There is hereby created a special 14und in the City Treasury, to
<br />~be i<nown as the "Cox Field Air Terminal Ti;ne VVarrants, Series 1957. Sinking
<br />:=und", and for that purpose and to that end shall be levied and collected
<br />annually and paid into said fund one-tenth (1/10t'rl) of the aggregate a;;lount
<br />of the ti:ne jNarrants described above, sarne being one-tenth (1/10tn) of the
<br />principal on all of said tii;le warrants and also the interest accruing
<br />annually thereon, to pay the sa;ne as they accrue, and said monies are
<br />appropriated to that end.
<br />3. ror paying the interest and creating a sinking fund for the
<br />City of Paris, Texas, Cox Field .~ir Terminal Ti;ne Vdarrants, Series 1957,
<br />the-re has already been placed in the Budget of the City oi Paris for the
<br />period frorii July l, 19D7 to June 30, 195-j, provisions for the pay::ient of
<br />the maturing warrant due Septernber 3, 19b~:, together with the interest
<br />accruing on all of said tivarranl:s, and provision made in the tax levy for
<br />the year 1957 to provide for the retirement of said warrant due September 3,
<br />19b~~, together with the interest accruing on all of said warrants. It is
<br />nere:uy rnade the ciuty of the proper assessing and collectiny officer of the
<br />City of Faris, annuallyg in dun ti;ae, form, and manner, and at the sa~:~e
<br />ti.me other City taxes are assessed and levied, to campute, ascertain, esti-
<br />r.!ate, and declare the sum of -:oney required to be levied, assessed,
<br />collected, and raised upon and frorr, said taxable properties to fully and
<br />co;npletely raise, create and canstitute said sink:ing rund and interest,
<br />until all of said warrants, together with the accruing interest thereon,
<br />are paid in full, arid wnen so ascextained, the sa-ne shall be so levied,
<br />assessed and collected, and the duty is i,iposed upon the Ciiy Council and
<br />otl"er persons in seeing that the provisions above are carried out from ti,"ie
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