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Oily De6t ]7onds.-- Waterworks 17onds. e, that he may CHAPTER EIGHTEEN. aw, and when ~ ' CITY DEBT BONDS. et ~.gain to ex- AN- ORDINANCE levying an advaloretn tax for the year ~887~ to pay interest upon and 'ect. to provide a sinking fund for the payment of ten thousand dollars city debt bonds. g provided for J~e it ordained by the cily council of the c. ity of Paris: dl not be snb- SECT~.ON t. For the purpose of paying the interest upon aud hal thereafter, to provide a sinking fund for the year t887 on ten thousand dol- eir duties they lars city debt bonds, issued on the ~ day of February, t887, an 'ainister oaths, advalorem of three and one-half cents is hereby levied for the year cumbent upon x887, on the one hundred dollars valuation of all property, both real and personal, situated .within the corporate limits of the city ~ and after its of Paris, not exempt by the constitution and laws of the State of n conflict with Texas from taxation. SEc. ;~. This ordinance shall take effect and be in force from t, Mayor, and after its passage. Note.~The above ordinance was adopted July ~4th, i887. h, i887, CHAPTER NINETEEN. WATEnWOHKS BONDS. AN ORDINANCE authorizing the issuance of a second series of bonds for the purpose he interest and pro- o¢ building a ~ystem of waterworks and levying a tax to meet the same. lollars waterxvorks Be it ordained by the city council of the city of Paris: ~ri~: SECT~O~ ~. There shall be issued by the city of Paris, interest up or Texas, for the purpose' of buildiug a system of waterworks in said ty~t~)ee thous- city of Paris, bonds off, aid city of Paris, to the amount of twenty- Jay of ~, three thousand dollars, in denominations of one thousand dollars i hereby levied * each, bearing interest at the rate of 6 per cent. per annum, pay- , both real and able semi-annually, at the rate of 6 per cent. per annum on the ~' city of Paris, ~oth day of January and July of each year, at the Fourth National ,nd laws of the Bank, in the city of New York, the principal of said bonds pay- able at said Fourth National Bank fifty years after date, said city e in force from 1 of Paris reserving the right to pay off said bonds at any time after the expiration of 25 years from date. I4th, z887. SEc. 2. Said bonds shall be signed by the mayor and coun-