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HomeMy WebLinkAboutORD 58-DAIT 0 1� D1TTAiFUE x._M, 1 -y]: --T -IT, D OVI��� Ci`_. �`_Ly T_i'� ✓_:,n. r -.r. ,r n r -I r—n,r O''' B_]. FL ' _ 110 ; i� nI(i :� �i•l� �1.:_ - U1J L _ _ L'sJJ_J L1lJ- OG_._!'_�1;L_�7) 17 T �1_' -�-; --� •!'•� rti `t (,'c,-, A :1--_�- ) r' —tet f'1 i I t71 X- _•._ _' 0_. "AID � 1 _ 1 , __ J=' � l � _,J;� JA <G.� 'J- _ -:C -' I:-);_) 0='.Y s.Jl•i J lJI_1 I.s Ji 1�._�_�1 )1 ___J.J J_._-Lrt 1. r'� G..� ..._.� _ f __.0 iS __.1 � ... -!y1 L.:.J __v_-1. JeJ_ _. -__.� J__. J .✓.moi .- _J_. tr TIT--? - r -, -T _'­ m n T� n.. l:_'I_.0 :�? _•,.J _� -�_ rI�: II�A� 0=' +�•�I� _. - � -----�--L-•-- AND HFPEALIDG ALL 03DIRANCES IN CONFLICT HE-E'vVITH. - --�'1 he:,'etoiforc, on t_1e 5th Lay o� J-nle, 1� �5, 'I -le GJ-Oe _�vn�.l',10 "1JL_, cJ-iil� 1J11C_J-_r-_1 1 t s O' 167` - '- • !i �n CT1uer CC1 i11tU 2 C011ur� cu z;:1 Li1 �{Ol? S u0i1 G'Uil trt?C uio11 Vo -L 11 _L o the -olacin c- as`y7ilaltic to"o:! i'_1 011 -ol'� thO J - Cet, r01 0-r1e011u :Dtreet -co ail_+'ouC_ Avenue; on Pa » J_, ;� rce rorl :_t_s ;tree d co o,;ie ;street; a11d on �rOcl_ett - ,_ ec from :ec=les :,ureet to Jez erSon Street, vfhicll coiitract is 1'ecordcO in Tf JJ00_i A— O1 _ ; J_ t!le -_� 111? v e: r J_, O! IleiSsioi1 i �'' �C_0)1_n 0i : aJ_CL Liu % ; an .e­�i:._AD, L?C11 Co11ti0.Cu lirc.S d1?l co11c??''i'00 1 _1 7I all t}1e co?'Il1issioner o= sal C'_ city, anE rcfe="ecl to -i1Ci_ -'_.. is o eC J7v+" V1!C V'! L`O1?1=Ci 1 0! JL C 1 U , a110 - J_ -l- "t ., L J_ Co -,_-Mad ti�_.ui+�, �,I1C O11Sv017_ i�U11,` X11?C�i0i1 l0_�?� _1y J_ J_' L �.. c V�h j , s n rzT llin-17 CSC_ �U ucc ryG �1'�e ;;r.'O _a ,JO_u 0 <Je:: O_ W _- coi_'t-raG u ',) '].Ce 1111C_� 1" '.c^1C_ contract, sc1C'_ Z10uE'f) LO C c,c_tcd J.?11e 1 �, 1�JN�, ctle seri011 - oile to t ,o11t= rears aite 0_c.te, 17 Caring, lilte_Cltu, 17c,,,Tal::le 7e?_1i-a:'_nal ; -r - -, OTn-r ;+ - T v ler einaC1 Ove _'C -C1 -01 J_ J_ J_^ c� r �. V17, Ci1�e_�eC_ ii1 0 oil 'u11e J 11'1 CLc.T,r 0 J1?i e, 19 J, T i1Cl_ 701 .+Ci,, I ,C i "T O"-C21,r�p11� iiC 'o v0i1 1.O11Jtr1?C �i o11 �O i'!.L, 1_+ 1, .1C1'Ei7�T 0 t rat :E' ii eCt, CO 1fi r'11eCL a 1'C_ C'_O as ^ct a=act co --,----c'- 0-, said City, a-_.-iO_ the c0 It-ra.ct rice e e E to i_1 s aid co_ tract 1s _lerci , ._lade a��d cleclar ed to be tile la,;r�ul dc;.t o.:-' tl e Cit - o� ca,)1.l0 1t e as , SI -X-1 v 1 IO 11. That said conti_:ct '�i'ice Le L111 -c issuance i-iE delivo ,', to sa i C_ ioa 1 v s - ' ;nz11r C_� �0_ U.1. Ur _c UlUn ofproL issory dotes o -L sai_c1 � itJ. cleseribe _as foJ_lo m SC id _lot s shell be n- ,-Cbcr eCL `='roL1 one (1) t0 fortly ( Z-0) inclusive, s1rlll be O% the CLonoit ina)tion of One `LhOu;�and Dollars (�,r1,000.00) ea,c.1-, aga,re-ati�1� �'o�t� `'oousI- Dollar; 000.00) . yhe-7 shall be dated tee 12th day of J u,le, and s_ all become C_uc mild ?payable seriall-7 as fo11ow2 _01'i1J Vil' _1�.I1Y. OU!71. 1 and 2 July 1, 1924 „2,000.00 3 a_1d 4- J�tly 1 , 192 2,000.00 5 a_1d .6 July 1, 1926 2,000.00 7 and 8 Ju17T 1, 192'7 -,000.00 9 and 10 July 1, .19 8 2 , 000.00 11 and 12 July 1, 1929 2,000.00 1S and 14 Jule 1, 1930 2,000.00 15 an_ 16 July 1, 1951 2,000.00 17 a_ld 18 Jul`T 1, 1952 2 000.00 19 ana 20 July l_, 1933 , 2,000.00 21 mic! 22' July 1, 19 34 2 , 000.00 23 C_-ld IA July 1, 1935 2, 000.00 5 and 26 July 1, 1936 25,000.00 27 anC 28Jul-;T 1, 193'7 N,000i00 29 alld 30 July 1, 190-8 21,000.00 51 a11d 52 July 1, 19 39 -,000.00 33 a 11(I 34 July 1 1940 Q� ,.,,000.00 35 and 36 Jury 1, 1941 2,000.00 37 and 58 July 1, 1941 2,000.00 39 a old 40 July 1, 1943 2 , 000.00 Said notes shall bear interest at t_le rate of -Five and One-fo-jrth J j�)-percentl -�)e-r aiin�r;i Ll'rom their a- to 11- til l aid; interest rayable s erni--annually on the lst day of July and 1st day of January of each year; both -principal and intorest payable at the office Of the TeVT1Z, _TYo-,�theor at the "eaboard lr, t oUtiOn of the h)oldeT, upon surrender of i_otes Or pyo_-)er interest coupons. raid notes Shall l be sl; ,ler ,,-Y t'."�e 1:-a: oi', co1,ntC__ SI 7",li00_ ,-, _ � -t J_-, 1_ L L J_ City _l J Oy the 'vi �•r iai�ager, a yes pec' bar the C�l �� ler? regi s �cred b� she ', r� anc_ the sew_ of saiditer shall be iin?)ressecl u. -)on Each of said notes. lac simile S-1 1aat11res OIL the Iayor, City Lianager and City Clerh- rlay be lithogr�.p uyoo_Z ti the intere;�t coupons. SECTIO;? 111. Lhe s .id motes shall Ce inn sub st-ant-i ally the follo,.ri --a fog Wil: No. ,r1, 000.00 ELI] r n IT1 ' !,1 -zn- t U.�'TI � .�� �� 1 �_ IT�s O.t� l�i:� J,:�l G A r'� n; n_ n_;' , S 1tL1�, 21x1.! 1'J O�'' l.L,-<x,,.,7 COUNTY'. OZ JEPIIEI_ILI.1�10N CI11 V1' b�1aU�,!Ol _' ,711i� ,1 I1 �1>O�_11':li,_.J l�liV1,11,>;� l�G -SLIPIyu A. T11 -11i CITY 0 , , a mu-1-lci-oal conDoration i-? t, -)e County of Jefferson miO State of �e >as, for value received, hereby pro,_iises to Jc JT to DI L ER on the 1`t OL ay of July, 19. , the principal sysn of OId iriOUSA:'1.)U �.�i.i'�:� 0;1,000.00) , in !a-,,;,-"ul mo--aey of the Unitecl States of America, toy:ether. ,,ith interest thereon fro_s date he eof until paid, " -f thereon i � ''�" ' t elle rate C Ol -five a-nd oae-fourth i-)er cent-om per all -gun; interest payable on the lst da;y 0f ur llst, 1923, and Semi -a! 1lually therE after on the lst day of January and lst cla:y of July of each ycar; both principal aind interest rayable u"poll diad surrende of -note oy proper coupon a —Ae offFice o1 'Ghe 4 Cc OU 1 , Lea-mo-nt, le -,as, or at the i-3eaboar-d rational -anL, :tort , ideal Yorl---, 2i, the option of the holder. This -note is one of a series of forty (n -O) notes, nur'lbered col]secut-ively from one (1) to forty (40) i:.lclusive, of the deno minatio-i of 0 -,,ie r'_lou.sa-nd Doll=s (-;x1,000.00). each, ct� _ -� n a d 'Dollars (??d•O 000.00 ) authorized "le�ati_7� Orgy 1110uS__ , , to be issued in -pain -:lent of the coi-trr ct price for certain st:'eEt iiiprovements constructed bjT the Houstoin Cons, trilction 6,' COT-rmany in and for Said City, in accordance vith conuract be i,-,een said City and said Omipany, under and by virtue of the Constitution a.11C_ laws of the State of Te ,7 and the 011arter. of said City, and in pursuance of. an ordinance passed by the City Coln -3- ission of the City of Bea -Lamont On the 2__ clay of July, 1923, l;rhich is recorded in Boot- (� _ pages et seq, of the LL izmtes of said CorE,,-_Assion. The date of this note in conformity with said ordinance, is June 12, 1923. IT IS iL_1LBY CEBiTI PI:"I'L x1,TD � ECIT' D that all act's, conditions and things required to be done -; recedent to' and -in the issuance of this Vote have been -o-roperly done and -performed, --nd have happened in regular and due time, form and mai-mer, as required by law, and that the full faith and credit of theCity of Demlyaont, and the special tax i,,hich has been levied for the payment of principal and interest o this series of notes, a.. -re hereby irrevocably -!� ledged for the punctual -:.D_--yment of the �ril'1Cipal and 7.11tereSt Of this i!Ote; u11d t(l�,t this series Of notes, to -ether Zriith all otherinc_ebtedlless of saidr City, does not e=.ceed any charter, constitutional, or statutory limitation. Il IS S,_�C,I i��LY _���,.D treat all past daze interest hereon shall bear Lnterest at the rate of per ann-o-"1, aild if this note, or any interest coupon hereto `.ttached is not paid at maturity thereof, and same isin the hands of all attorney for collection, or collected by legal process, the City of Beaumont agrees to pay 10;� additional on the a.mount of principal and interest then due, as attorney's fees. I?; 1'1 �TIT:�Cr1�� 'e _L L'0 the. City of -it U Texas, has caused its corporate seal to be hereto af.'i%ed, ana this note to be signed by its i:layor, countergiglled by its C ity=•'ana�er, �_ a tested by its City Clerk, and � � i,egistered ��y �- iUc as of the 12th clay of June, 19230 Hayor, City of Deaau.r.ont, Te-1:as. Countersigned: Attest: City Tlanager City of Deaumont,, Te- as. registered: `ity Cle r1-, City of Zea-maont, Teya.s. Citir Treasurer, City of Beaur:ont,Tep. T The form of, intere.s' coupons attached to each of said dotes shall be substantially as follows: (uzcept coupon number one which shall be for for 1 month a.ncl 19 days interest) . No. v`2'. 25 0-1 Ti;, 1st day of , 19� THLL CIlf 01' :JII ILIJOIT`_', in Jefferson Counter, Tel --,S, vfill ''ay to Tei3 at the office of the 7'Jh. eau:inont, or at the ;.seaboard !rational Ba,nh, Tevr Yor1c, ',epi Yon-, au file option of the holder, Twenty Sit' and 25/100 Dollars k')26.25) �ein�� silt' ( r�1on hs t in�erest t ,r -i -r.-� r9 o�1 GIT 0� ��UI;�OrT, oI',�, "7` -fit 2- ,T�^-,',7f1 �,,�_�_ IT`.I'�.OVu,�;z iT 0 T , S 1?IR5 _, I`T06 datecl�ct 12, 1925, to which this coupon is attacheCt and is a -nart thereof. Attest: City Clerk Cou tersLzned: Cit -,7 l ianay e r The following, end-ors:ement shall be -printed on the back of each of said ,rotes: S IS TO G .,. that the ou, ion Dons art etiol CoM10anJ has received the within note and attached coupons -trona the City of Beavrnont, Texas, unci all of the notes of -:aid Scries, in -full satisfaction of the contract prise due said- Compagy h y% Daid City under and by virtue of conti'aot between said Comma --,j a --J- said cit -,79 dated Jtule 51 1923. h0UST0-21 COIT>�TRUCTIOT GOT:T'�.I'Tf S�CTIO� IST. maid Notes shall be e --ecuted and �. n o 2 f � t- • � 7� n l7 W � T t- del.ive-rec� �o s�.id. olz,_,to�1 Co�_st"�_c �ra11 Gem..=.--� i�Iio�_ co.�1p�_e pian a nd acceptance of th.e im-prove,, ent coverod b�, said- co_�tract; o:ad a� a - of said City :ire he-rebjr she 1^a�or , City i.�un=_,��r =�nd City �. Clerl authorized, ordered and. directed, uyoon cor_lpletioij and acceptance J_ OP Sal Cl iTIl_proveiTle lu , to e-recute sa iC_ dotes , 11,ave sU1:RG _"esi- �C' 'e0. by the „� - +; ' "'Ei , a11d G E11 ver s .icl lOteu t0 the 01LSt0_1 J CO 1StrllOti 0?? CO?7pai1�T 1:E1 lull sEt1S`? Gt1 OT1 Of the COi1tr Gt ??i'1Ge agreed ,_ �o i`s� &aid 00�1�1�C - p 40 ;:_j 11L11 __U_.1ri 1 _. 0t:D1i1-D 1111^ l Or G12e ^c.yin1 '-, 1lit o_ est oll `..1aiE 1' -ro-ili S X012 ia0t0cz,, odlcl or t'he 'ril1C'i�OSO O"� C C0tli1 �. `'iii ".i iU'_�0_ .'_U riCiEllL. t0 pf1jT J_ J , ^ J_ L J L, ^ the 1 "iilci�7' 1 chereo-2 �.l r_l�,tur1� -, LI1oro is _1C�'LuI v levic6_ for t_1E Cl?_'reilLl %L'JI', ^=1C_ 101' each 1G'CeBC_1i1 yea -1,t. i1 ]C , • i )to,- a t= e:_�, a 'e otic �,i a dill w_1 �dvwlo �erte.: o"= o 2c 0 1 �1 oil ec:c11 100.00 Y.f,1a a tiO_i of all a::a11i1e 'Dr 0he1't111 1h0 Gi of Bec.P._IP_01it- , c- aCi juid - -, Or uo ?"_1hCh _`_lC_'EOi `;_1a�1 o t-ieac N_c.� .` n ra ", i� � S,S c �.i , C11! � !' , `" � � Cl'_7 _.i1 i e _ u,,.l� , ,�h�,ll �.e 3a�lu 11�% 2�,��E:_._ cc_ Ga_1-:.�'J�� u_lc� 4„_ _ _ d bo t_'e D= -,.Doses 11amecl • i'_'T.2 11)11 4I 1h0 i4 ct t'nat, the h`.d GonEition of tz_e 'trCe.t , fOr tyle 1"el)ai ' Of vT ich 0"v e O ,l are aut_20ri-0C' c^;i1C Cir u-eC to lie e__Cc1.1 Led, Brio -LI ,1 , OjDSt` 1CtS 1_C_ 0O11 -0s Us t. =�:iG t11e='e011 O.11Ci_ C11d c;1 C=" t11e -,)-L? blic s felby, Gr Chutes an J _yl s C �_ i i y y1 J_, 1 �-, l n•.1 l- ,1 o-_ J_ i , i y�eru civ e ublie 11Gee, . i (j�T 'ec, _ 'i Sl_ e=_ _0- - �•Jl L __C L'OTr _aiia t'1�t OrC�L1L2i1GeS N' 1 1 bo f'CO_C_ 011 ti!_l'EE �e'y)�r�tC dui%S � 7 r l i f _, s � r e 7 o- e s` l (l -r•-L i �' "��.�,�;��.�;.,, �'Therc"_ .,t c__ � l.e .J this ordil_Yce c _1_" 11 c-EiEcc :^ t) 0_• t'I'_e a`_its �rswil�e 911 ordinances in conflict herewith are repealed. s -r ^ ,,�.,J_ - e v ote of all v eic- bnr,s° of the Corlmissioil, oil c'-ithe Z �_b,�T of July , r IC,>�o