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1259 ORD PROVIDING FOR ISSUANCE OF COP WATERWORKS AND SEWER IMPROVEMENT AND EXTENSION REVENUE BONDS SERIES 1952
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1259 ORD PROVIDING FOR ISSUANCE OF COP WATERWORKS AND SEWER IMPROVEMENT AND EXTENSION REVENUE BONDS SERIES 1952
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11/27/2017 2:56:25 PM
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CITY CLERK
CITY CLERK - Date
12/13/1951
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a Adk ` • <br />3. In Bonds Nuabe~s Tbree H'tmctred FttrtY Sit (346) tc► <br />Fivs Hundred Fifty (550), boi:h inc3.usive? the City reaervea the opt3on aP <br />ca113ng eaeh such bond far re8emption pri4r to mateir3ty r,n a►zoy inttrest pay- <br />ment date on and mmfter Jul,y l, 1966, at par and accrt:ed iMfi.ereret to date eo <br />fixed, for rectemption. Thirty days' natice of uuch +».a]1 tha1l be given ia <br />vriting ta tht place aP p"nt and natice sha,12 tae plzbliahed in a Yine,ncial <br />publication guhlished in the City of New 2ark, Nent York. Said riotise eha].l <br />appeax in said pub3lcation fn at 1.maat ane isev.e, the date of sei3 3ssue be9ng <br />not lsss than thirty dsys prior to the da#.e eo fixed fo:r :redemptitin. If any <br />such bond is ca12ed for redemption in said manrer snd it fundNt suf'ficieat to <br />pay the redempt3Qn price ehall have beea duly placed in the bank of paymnt <br />by the ciate fi.zed for redemption, 1t sha1l not thRxeafter bear intereet. <br />4. Uch of ssid bonds sha3.1 be signed by the Msyor snd <br />count,eraigned by the City Clerk anr3 the ernpvtate o"l of the G3.ty of P'aris, <br />Texasi sha.31 be impressed upgn each of fihem. The facaimi].e s3gnatures of the <br />Mayw aAd City Clerk may► be 3.ithograpphed Ar grinted ugon the couponit attached <br />to ssid bonds and shall have the same eff'ect as if thtry had been signed by <br />them. <br />5. That said bvads ohs1l coxutitute "eeial obligationir <br />of ssid City of Paar'fae arnl each of sa3d bmnde ehall cvntain the pzovision that <br />tle holder 2rerecf shall never have the right to dow,nd paymnt of ae`3.d abli- <br />ga►tion out of fsnds raised or to be raissd by teumticm. <br />6. Tht forxm of sa,id banc8s eh811 be substsnt3.ally ag <br />1'oll.aves <br />NCl.U~ +f00. QO <br />The City of Pauris, in the County of Lamsr, State of Texas, <br />la municigal corporation duly incorp<xtate>d under the lws of the 9tste of Taxes, <br />I fpr value received., h.ereby acknovledges iteelf indebted to aad prc:►mises to IaY <br />Ito the bearer hereof on thc lst day of July, 19 , the svm caY <br />QNE THOLTSA:IVD DOLI,AR$ <br />~ <br />
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