HomeMy WebLinkAboutORD 69-EAUTHORIZING AIM DIRECTING THE PROPE-R Or PICwMS OF THE CITY
OF 3?;At;m DT_'T iT.�JM HE'REI1.T TO FORTTITII'T:i P=ART RM E1,',rtCUT^ AIM TU
MOTIATE AND IICZIVER, PROD TnM TO TIPS, AS YMM''SSITIM REq= i
ILL -MAL Ai:M BI!DIT G OBLIGLTIO S OF Tiiu CITY OF IrAJ1.'OI:T, r -Y TI 70M
I)MID r ICI ?CY `: P.P.AI TS, DESCRIYEM IIT SAID OPMI:AI:CE, F:OR TIM PUR-
I'0.:•DI DEFRAYIT G TTIE CURRENT =MPMMS FOR TI21 MAIN_TMWCM AICD
T OF T -..j '"' I , TORAL MP - , R. - ICT _ : D
itI1:�T10IV ra:'a,.Yy1Y� J v� i' :i lr0 v tea. a �.i .'.;'•t1 -
II< S,r.ID O MI:,d C'I, APMOPRIATSI- G AN U,,, UAL PORTIO'. :,F TIS; R1EI-MS
0-2 TI CITY OF F21AUY0 T 1,PPORTI0 AM TIC T-- ;i', S. , _r'.%+ ]�I+� ART ;TS
FOR TI -P )MA6R 1925, FOR TIE PArFLE vT JCIM DISC,,ARGE Or SAID
VAPMAUTS x%D DECLARING -:N MIRGICT?C'Y.
AREAS, The Gity of Beairiont, pending the collection of
current t ax revenues, f rota all s ources, being tLxes far the year
1925, ie without funds v;d.crewit:a to pay its current obligations
incurred and to be incurred f or the operation of the several de-
partntents of the government, L.rd iz> order to, funds where-
witsl to defra,;,T t e current exrense of L. 111 depwrtments of the
Sovernment pending the collection of said reve��ucs, it is nc>ceoeary
that The City- of Be ;cir-ont bci:kor: money uron tllc flcith -,,i.d credit of
zaid City, and t,, cntici,l)ate and ledze G ;: e,Iu�.:l -, ortior. of the
current tax revenues of the City for the year 1925.
BB IT ORDA1i,-^r BY TI' CIT',- CC X—,ISSIOIT
OF TIM, CITE OF MAUL, M-7 t
SE'CtlOn 1.
-
" That J. Auotin B,.rrieN, Lrayoly• of 'ale City of1e � and
,
a
he is hereby cut-horiaed to fortht,.itll prepare, or have _r,repurecl, and
to e.Vecute, to�etller viti. the City- Clcr1,, aiid to be countersi ncd by
,
the City Manager, legal, and binding obligations of The City- of
Bea=ont, in the form ot &nd evidenced by Deficiency Warrants dated
on the date or dates when negotiated, and delivered from time to time
as herein"fter i'rovided, payable to, "3E ref, on demand, bearing
• 6 interest from their date until ,:,Wid, vahic:a said warralas shell
be aiad are hicreby eect:red �,y 'Le le` l and bi.�dir ,led --es and
s
f
hypotheE ation of OM 1-77) T;RTD A*11 TIiIR=— TIIOU=M DOLI•ARS ($113,000.00)y
r•
of the current to : revenues of the City of BeaLu,-,ont, f or the year
1925, ws applied to the funds of the Particuir.r del,art--en': and in
the ar ounts relwtin; to auch departuents as hereinafter set forth;
.tab,:': d....4 irtA n=.Y :WB=an-tH. - _-:tQ lift, -•gid-.MxL . r. MA -&a1 a._Aj&*., n P «<�3� 0 i►, _ ..�. _ .. . , ,._
A:
. _ � _3
4
- • fix. � �3'al'e
ti
The s aid warrants shall be exeduted, negotiated and delivered
as and nhen it is requisite and necessary to raise money f or the pay-
ment of existing oblig :tions, and for defray,irg the ciz-rent expenses
for the operation of the several depwrtider_tw of the as
hereir"fter eet forth, until suca� time ee there shG.11 have been col-
l:.c;tt_-c =�-._f I siert .-_oney z. from the source above mentioned wherewith to �
pay off, discharge and retii°e such warrants, together with accrued.
interest thereon.
And there is here ard now appropriated and wet aside out of
the first moneys so to be.ccllected above mentioned e.nd apportioned
among the several departments ail below shown, a suns sufficient where-
vzL tip to pay off and discharge all of such deficiency vrarrants as may
be so issued and negotiated to the then owners and holders thereof;
provided, however, the total amount of such wa,.rra,nts of this issue
shall not e.:ceed the sum of 01TE H .TDP= THIRTXMN THOUSAI:D DOT14RS
($113,000.00).
The said Deficiency Warrants shall be in the f ollo-wing
form, to eit:-
"The State of Texas, Beaumont, Texas,
County of Jefferson. ,192
On Berland, pey to the order of "HCARER"
DOLLARS
2AYOR
To t1le Lirector of Finance )
City of Beaumont ) ATTEST:
CITY CLERK
Countersit,ned
CITY 1WIAGER n
This Warrant is one of a series of several 7,1arrants authorized
- • fix. � �3'al'e
ti
The s aid warrants shall be exeduted, negotiated and delivered
as and nhen it is requisite and necessary to raise money f or the pay-
ment of existing oblig :tions, and for defray,irg the ciz-rent expenses
for the operation of the several depwrtider_tw of the as
hereir"fter eet forth, until suca� time ee there shG.11 have been col-
l:.c;tt_-c =�-._f I siert .-_oney z. from the source above mentioned wherewith to �
pay off, discharge and retii°e such warrants, together with accrued.
interest thereon.
And there is here ard now appropriated and wet aside out of
the first moneys so to be.ccllected above mentioned e.nd apportioned
among the several departments ail below shown, a suns sufficient where-
vzL tip to pay off and discharge all of such deficiency vrarrants as may
be so issued and negotiated to the then owners and holders thereof;
provided, however, the total amount of such wa,.rra,nts of this issue
shall not e.:ceed the sum of 01TE H .TDP= THIRTXMN THOUSAI:D DOT14RS
($113,000.00).
The said Deficiency Warrants shall be in the f ollo-wing
form, to eit:-
"The State of Texas, Beaumont, Texas,
County of Jefferson. ,192
On Berland, pey to the order of "HCARER"
DOLLARS
2AYOR
To t1le Lirector of Finance )
City of Beaumont ) ATTEST:
CITY CLERK
Countersit,ned
CITY 1WIAGER n
This Warrant is one of a series of several 7,1arrants authorized
r
This warrant bears interest at the rate of six per cent
per annum from its date until paid.
Each w arrant shall c arry on its face the name of the
department to which it relates.
the v.nd funds of the City Go•: cr=ept,
for the operation of which said funds are hereby raised for the
support, maintenance and operation of said departments froir, which
said ifa.rra is slv-ll be paid, and the amount to be taker, therefrom
for that yurpose shall be and are according to the following table:-
Department of Finance - - - - - - - - - - $ 30000.00
General fund - - - - - - - - - - - - - 4,000.00
Department of Public Safety- - - - - - - - 54,000.00
Department of Public Service - - - - - - - 40,000.00
Department of Public 'Welfare - - - - - - - 12,000-00
The said `Zarrants shall be duly registered before bein,3
negotiated by the Director of the Department of Finance.
Section 2.
That the fact tIlLt the City of Beaumont is without funds
now to discharge the current obligations incurred for tale Maintenance
and operation of the several departments of [,-,overrment, -without at
once anticipating and pled -iii; 02M HUYDRED TIMIT�, 1: MOUSA M DOIJARS
($11.5,000.00) of the tax revenues of 1925, for the maintenance and
operation of the several depcxtments mentioned in this Ordinance
creates an imperative pu-clic emergency, necessita.tin% the suspension
of the rule reguirii-Z that all ordinances shall be read on three (3)
separate deys before pa,sea.ge, wherefore said rule is hereby
suspended, and this ordinance s. -:E111 take effect upon its p.�ssvZe
and signature of the r ayor.
Passed by the affinmative vote of E-.11 men.bers of the
Comraission this the / / day' of _,A.13-.1925.
i
AuthorizlYiQ and directing M the
proper officers of the City of
Beaumont named herein to forth-
I' with prepare and execute, and to
negotiate and deliver, from time
The State o f Texas, rto time, as necessities require le-
� gal and binding obligations of the
_ City of Beaumont, in the form of
d In
County of Jefferson saidcordinance,� forthepurpose of
dthe current exPen sesefraying
themaintenance
and operation
of the several departments of the
government, mentioned in said
ordinance, appropriating an equal
e undersigned authority, on this day personally appea portion of the revenues of the
City of Beaumont apportionable
to the several departments af-
fected, for the year 1926, for the
_Zr_ _ � - — - -_ _�_ - - - ri t0 :M: , wh0 being by me duly s payment and discharge of said
warrants and declaring an emer-
gency.
___-___of the BE Whereas, The CIty of Beaumont,
poses and Says, that he i5 the_ _ _ _ _ _ _ _ _ _.....
____ pending the collection of current
tax revenues, from all sources, be-
ing taxes for the year 1925, is wlth-
BEAUMONT JOURNAL, a newspaper published in said county; that a d out funds wherewith to pay its cur.
rent obligations incurred and to be
incurred for the operation of the
lo -was ublished in said newspaper,such lication bein oij several departments of the govern-
g pg ment, and in order to acquire funds
wherewith to defray the current ex- x
penses of all departments of the
A. D. 192_ and a newspaper copy i government pending the collection
--- -' -'- -"-------'--- ' of said revenues, it is necessary ;
— that the City of Beaumont borrow
money upon the faith and credij of
tach said City, and to anticipate and
Pledge an equal portion of the cur-
_ - rent tax revenues of the City toe
the year 1926.
----------------- BE IT ORDAINED 'BY THE CITY
COMMISSION OF THE CITY OF
BEAUMONT:
Sworn to and subscribed before me, this- _ /------ day of _ _ _ _ _ _ _ _ Section I.
That J. Austin Barnes, Mayor .of
the City of Beaumont, be and he is
hereby authorized to forthwith pre- j
pare, or have prepared, and to exe-
cute, together with the City Clerk,
and to be countersigned by the City
Manager, legal obligations of The
City of Beaumont, in the form of
and evidenced by Deficiency War-
- - - - - rants dated on the date or dates
when negotiated, and delivered
Notary Public, from time to time as hereinafter
t provided, payable to, "BEARER; -
on demand, bearing 6 per cent in-
terest from their date until paid,
+ which said warrants shall be and
are hereby secured by the legal and
binding pledges and hypothecation
of ONE HUNDRED AND THIR-
TEEN THOUSAND DOLLARS($113,-
000.00) of the current tax revenues
of the City of Beaumont for the
year 1925, as applied to the funds
--- - --- _ of the particular departments and
in the amounts relating to such de-
partments as hereinafter set forth;
the said Delinquency Warrants to
be paid and retired out of the first
tax revenues collected for the year
1925 for the operation of and appli-
cation to the several departments
.of the City Government, as herein- y
after set forth.
The said warrants shall be exe-
cuted, negotiated and delivered as
and when it is requisite and neces-
sary to raise money for the pay-
ment of existing obligations, and
for defraying the current expenses
for the operation of the several de-
yartments of the government, as
hereinafter set forth, until such
time as there shall have been col- i
lected sufficient moneys from the
source above mentioned wherewith
to pay off, discharge and retire
such warrants, together with ac-
crued interest thereon.
And there is here and now appro-
priated and set aside out of the
first moneys to be collected above
mentioned and apportioned among .
the several departmeats as below ;
shown, a sum sufficient wherewith
to pay off and discharge all of such
Deficiency Warrants as may be so
issued and negotiated to the then
owners and holders thereof; pro-
vided, however, the total amount of
such warrants of this issue shall
not exceed the sum of ONE HUN-
DRED THIRTEEN THOUSAND
DOLLARS ($113,000.00).
The said Deficiency warrants
shall b's in the following form to
e State of Texas,
Beaumont, Texas,
County of Jefferson.
192..•
On Demand, pay to"the or'der or
"BEARER" $.............
........................... Dollars
Attest: ..........••••. Mayor
y
City Clerk.
To the pirecl:or of Finance)
n the amounts re n to such e- '
)artments as hereinafter set forth;
he said Delinquency Warrants to
fe paid and retired out of the first
Six revenues collected for the year
926 for the operation of and appli-
fation to the several departments : p
sf the City Government, as herein-
Lfter set forth.
The said warrants shall be exe-
,uted, negotiated and delivered as
Ind when It is requisite and neces-
sary to raise money for the PaY-
Ment of existing obligations, and
for defraying the current expenses
for the operation of the several de-
tmenta of the government, as
ereinafter eat forth, until such
t me as there shall have been col-
lected sufficient moneys from the
source above mentioned wherewith
to pay off, discharge and retire
such warrants, together with ac-
crued interest thereon.
And there is here and now appro-
priated and set aside out of the
irst moneys to be collected above
,Mentioned and apportioned among .
Rhe several departmsats as' below
gho vn, a sum sufficient wherewith 1
t0 pay off and discharge all of such
Deficiency Warrants -as may be so
issued and negotiated to the then }
owners and holders thereof; pro-
vided, however, the total amount of
such warrants -of this issue shall
not exceed the sum of ONE HUN-
DRED THIRTEEN THOUSAND
DOLLARS($113,000.00).
The said Deficiency warrants
Wha11 b'e in the following form to
W1
State of Texas,
Beaumont, Texas,
County of Jefferson.
192...
On Demand, pay to the order or
"BEARER" $..........
Dollars
................Mayor.
Attest: ........................ City Clerk.
To the Director of Finance)
City of Beaumont )
Countergi,gn ed :
r.. .
City Manager.'
This warrant is one of a series of
several warrants authorized by the
City Commission 'of The City of
Beaumont, by Ordinance duly passed
............ 1925, and is payable out
of the tax levies for the year 1925,
and chargeable to the particular
fund or department to which it ap-
plies when collected.
This warrant bears 'interest at,
he rate of six per cent per annum
m.its.date until paid.
Each warrant shall carry on
face the name of the department t
which it relates.
The particular departments and
funds of the City Government, for
the operation of which Paid funds
are hereby raised for the support,
maintenaance and operation of said
departments from which said war-
rants shall be paid and the amount
kto be kaken therefrom for that pur-
se
shall be paid and are accord-
to the following table:.
Partment of Finance....$3,000.00
neral Fund ............. 4,000.00
partment of
yy .... ....54,000.00
Department of Public Cerv-
3ce...�.......................40,088-.08 , s�
Wepartment f uliel- \
F. fare ....................12,000.00
The said warrants shall be duly
registered before being negotiated
Y the Director of the Department
8f Finance.
?; Section II.
That the fact that the City of
aumont is without funds now to
ENwharge the current obligations
red from the maintenance and
,ration of the several depart-
ce anticipating and pledging ONE
NDRED THIRTEEN THOUSAND
LARS ($113,000.00) of the tax
F43)
enu .a of 1925, for the malnte-
ee aInd operation of the several
artments metioned in this Ordi-
ce creates the imperative public
rgency, necessitating the sus -
on of the rule requiring that all
inances shall be read on three
separate days before passage
',wherefore said rule is hereby sus-
Trended and this ordinance shall
take effect upon its passage and
signature of the Mayor.
Passed by the affirmative vote of
all members of the Commission this
the 11th day of August, A. D. 1925.
(Signed) J. AUSTIN BARNES,
Mayor+
ff
it 000.00)
s . and ex
t, and the jinn _
0'
for same.
d That said bonds provided• `P011
I h -rein shall be and are issued undo
uthorizing and directing the Is -
ice of serial bands of the City
Beaumont, bearing interest at
rate of five per cent (5!,) per
urn, interest on all bonds pay -
1 annually on the first year and
i -annually on each year there
r, in the sum of $400,000.00 to
Issued for the purpose of im-
ting, extending and repairing
ets and highways of the City
Beaumont, providing for the
Ing and collecting of the neces-
taxes to pay the interest and
.te a sinking fund for the re-
ption of said bonds, and further
toriz)ng and directing the is -
ice of serial bonds of the City
Beaumont, bearing interest at
rate 'of 5% per annum, interest
tble annually on the first year
semi-annually on each year
eafter, In the sum of $200,000.00
e issued for the purpose of im-
ring, extending and repairing
sewerage system of the City of
amont, providing for the levy -
and collecting of the necessary
s to pay the interest and cre-
a sinking fund for the redemp-
of said bonds, and further au-
izing and directing the issu-
of serial bonds of the City of
amont bearing interest at the
of 519 per annum, interest pay -
annually on the first year and
I -annually on each year there -
r, In the sum of $100.000.00 to
ssued for the ImprOVL!ment and
nsion of'the department of pub-
iafety, including fire alarm sys-
police telephone and traffic
Al. system and general Improve -
t and repair of bliild)ngs and
Pment and purchase of equip -
t, providing for the levying
coliecting of the necessary
a to pay the interest and cre-
a sinking fund for the redemp-
of said bonds, and further au-
izing and directing the issu-
e of serial bonds of tine Cityof
amont, bearing interest at the
of 5%per annum, interest pay -
annually on the first year and
[-annually on each year there -
r, in the sum of $50,000.00 to'be
ed for the improvement and ex -
ton of public parks and the pur-
e of equipment for the same,
Id ng for the levying and col -
ng of the necessary taxes to
tine interest and create a sink -
fund for the redemption of said
Is, and providing that said orde-
ae shall take effect on the date
is passage and lawful publics-
, and declaring an emergency.
HEREAS, on the 10th day of
amber, A. D. 1925, an ordinance
duly passed by the affirmative
of all members of the City
mission of the City of Beau -
t, whereby a bond election was
red to be held in said City on
12th day of December, A. D.
and
HEREAS, due notice of said
Lion was given in the manner
for the length of time required
aw, and
HEREAS, in said election held
to City of Beaumont on the 12th
of December, A. D. 1925, the
rs of the City of Beaumont
!tied to vote at maid election
authorize the City Commission
he City of Beaumont to issue
is of said City payable serially
,,om one (1) to forty (40) years
i date, to bear interest at the
of five per cent (5%) per an -
interest on all bonds payable
tally on the first year and semi -
tally on each year thereafter,
bonds to be in the following I
Unit and the money to be de-
i therefrom to be used for the
wing purposes, to -wit:
For the uurnosw of
r
and by virtue of the constitution
and laws of the State of Texas and
the Chart of the City of Beau-
mont ado" ed the 30th day of De -
comber, 1919. and the power and
authority granted by Sections 18
and 71 of said City Charter, i and all other provisions in said Charter
pertaining to the issuance of bonds,
and by Chapter 147 of the General
Laws of the State of Texas passed
1,y the 33rd Legislature at its
regu-lar session, granting said powers
to cities of more than five thousand
Inhabitants, and by Chapter 9 of the
Acts of.the Regular Session of the
17th Legislatureand all amend-
ments to said Acts, and all other
Saws of the State of Texas pertain-
ing to and authorizing the issuance
I of said bonds.
Section 2.
That said bonds in said sum of
Seven Hundred Fifty Thousand Dol-
lars ($750,000.00) shall be divided
into four series and each series di-
vided into forty (40) equal instal-
ments and said series of said bonds
shall be known and called each re-
alpectively as "STREET AND HIGH-
WAY BONDS," "SEWERAGE
BONDS," "DEPARTMENT OF PUB-
LIC SAFETY BONDS" and "PUBLIC
PARKS BONDS." and the Mayor of
the City of Beaumont is hereby au-
thorized and directed to have pre-
pared and executed a set of bonds
for each of said purposes as fol-
lows:
STREET AND HIGHWAY BONDS.
Four Hundred Thousand Dollars
($400,000.00) Street and Highway
L'onds to be derided into four hun-
dred (400) bonds of the denomina-
tion of One Thousand Dollars
($1,000.00) each and numbered from
one (1) to four hundred (400). in-
clusive, payable as follows, respec-
tively:
Nos. 1 to 4 of $1,000.00 each pay-
able Ist day of February, 1927.
Noe. 5 to 8 of $1,000.00 each pay-
able Ist day of February, 1928.
Nos. 9 to 12 of $1,000.00 each pay-
able Ist day of February, 1929.
Nos. 13 to 16 of $1,000.00 each
payable Ist day of February, 1930.
Nos. 17 to 20 of $1,000.00 each
payable Ist day of February, 1931.
Noe, 21 to 24 of $1,000.60 each
payable Ist day of February, 1932.
Nos. 25 to 28 of $1,000.00 each
Payable Ist day of February, 1933.
Nos 29 to 32 of $1,000.00 each
Payable Ist day of February. 1934.
Nos. 33 to 36 of $1,000.00 each
payable 1st day of February, 1935.
Nos. 37 to 40 of $1,000.00 each
payable 1st day of Fubruary, 1936.
Nos. 41 to 48 of $1,000.00 each
payable Ist day- of February, 1937.
Nus. 49 to 56 of '$1,000.00 each
payable 1st day of February, 1938.
Nos. 57 td 64 of $1,000.00 each
payable -1st day of February, 1939.
Nos, 65 to 72 of $1,000.00 each
payable lat day of February, 1940.
Nos. 73 to 80 of $1,000.00 each
payable Ist day of February, 1941.
Nds. 81 to 88 of $1,000.00 each
payable Ist day of February, 1942.
Nos. 89 to 96 of $1,000.00 each
payable Ist day of February, 1943.
Nos. 97 to 104 of $1,000.00 each
payable Ist day of February, 1944.
Iyos. 105 to 112 of $1,000.00 each
payable let day of February, 1945.
Nos. 113 to 120 of $1,000.00 each
payable Ist day of February 1946.
Nos. 121 to 132 of $1,000.00 each
payable Ist day of February, 1947.
Nos, 133 to 144 of $1,000.00 each
payable 1st day of February, 1948.
Nos, 145 to 156 of $1,000.00 each
payable 1st day of February, 1949.
Nos. 157 to 168 of $1,000.00 each
payable 1st day of February, 1950.
Nos, 169 to 180 of $1,000.00 each
payable 1st day of February, 1951.
Nos. 131 to 192 of $1,000.00 each
payable 1st day of February% 1952.
Nos, 193 to 204 of $1,000.00 each
payable 1st day of February, 1953.
Nus, 205 to 216 of $1,000.00 each
payable 1st day of February, 1954.
Nos. 217 to 228 of $1,000.000 each
payable 1st day of February, 1955.
Nos. 229 to 240 of $1,000.00 each
payable 1st day of February, 1956.
Nos. 241 to 256 of $1,000.00 each
Payable Ist day of February, 1957.
NOR. 257 to Elf, of SI.oYY.00 aaciA.
Safety Bonds
W. huudl'ed (100)
7R.�nu,!eirred,
I %derillnillation of One
I Mars'' ($1,000.00) each,
from one (1) to one hun-
dred (100) inclusive, and payable as
follows, respectively.
No. 1 of $1,000.00 payable on Ist
of February, 1927.
No. 2 of $1,000.100 payable on' 1st
of February, 1928.
No, 3 of $1,000.00 payable on Ist
of February, 1929,
No. 4 of $1,000.00 payable on 1st
of February, 1930.
No. 5 of $1,000.00 payable on lat
of February, 1931.
No. 6 of $1,000.00 payable on let
of February, 1932.
No. 7 of $1,000:00 payable on Ist
of February 1933.
No. 8 of il,000.00 payable on Ist
of February, 1934.
No. 9 of $1,000.00 payable on 1st
of February, 1935.
No. 10 of $1,000,00 payable on Ist
of February, 1936.
Nos. 11 and 12 of $1,000.00 each
payable on lst of February, 1937,
Nos. 13 and 14 of $1,000.00 each
pay
n Tat
os. 15 and 16 b
of$1,000.00 each
Payable on Ist of February, 1939.
Nos, 17 and 18 of $1,000.00 each
payable on let of February, 1940.
:los. 19 and 20 of $1,000.00 each
Payable on Ist of February, 1941,
Nos. 21 and ,$2 of $1.000.00 each
payable on l. --t of February, 1942.
Nos. 23 and 24 of $1,000.00 each
Payable on ]at of February, 1943.
Nos. 25 and 26 of $1,000.00 each
payable on 1st of February-, 1944.
Nos. 27 and 28 of $1,000.00 each
payable on Ist of February, 1945.
Nos. 29 and 30 of $1.,000.00 each
Payable on ]st of February, 1946.
Nos, 31 to 33 of $1,000.00 each
Payable on 1st of Februp.ry, 1947.
Nos. 34 to 36 of $1,000.00 each
payable on Ist of February, 1948.
Nos. 37 to 39 of $1,000.00 each
payable on Ist of February, 1949.
Nos. 40 to 42 of $I.000,00 ,•ach
Payable on Ist of February, 1950.
yNOS.' 43 to 45 of $1,000).00 each
pallosle46ntost48f' fe $1,00'OU eacli
payable on Ist of February, 1952.
Nos. 49 to 51 of $1,000.00 each
payable on Ist of February, 1953.
Nos. 52 to 54 of $1,000.00 each
payable on Ist of February, 1954.
Nos. 55 to 57 of $1,000.00 ,ach
payable on 1st of Februry, 1955
Nos. 58 to 60 of $1,00.00 each
payable on Ist of February, 1956.
Nos. 61 to 64 of $1,000.00 each
payable on let of February, 1957.
Nos, 65 to 68 of $1,000.00 each
payable on Ist of February, 1958.
Nos. 69 to 72 of $1,000.00 each
Payable on let of February. 1959.
Nos. 73 to 76 of $1,000.00 each
Payable on 1stof February, 1960.
Nos. 77 to 80 of $1,000.00 each
Payable on 1st of February, 1961.
Nos, 81 to 84 of $1,000.00 each
Payable on Ist of February, 1962.
Nos. 85 to 88 of $1,000.00 each
payable on Ist of February, 1963.
Nos. 89 to 92 of $1,000.00 each
payable on Ist of February, 1964.
Nos, 93 to 96 of $1.000.00 each
Payable on lat of February, 1965.
Nos. 97 to 100 of $1,000.60 each
payable on 1st of February, 1966
PUBLIC PARK BONDS. Fifty,
Thousand Dollars ($50,000.00) Pub-
ile Park Bonds divided into fifty
(50) bonds of the denomination of
One Thousand Dollars ($1,000.00)
each, number-ld from one (1) to
fifty (50) inclusive, and payable as
follows, respectively:
No. 1 of $1,000.00 payable on Ist
day of February 1927.
No. 2 of $1,006.00 payable on 1st
day of February, 1928.
No. 3 of $1,000.00 payable on lot
day of February, 1929,
No. 4 of $1,000,00 payable on 1st
day of February, 1930. .
No. 5 of $1,000.00 payable on Ist
day of,February, 1931.
No, 6 of $1,000.00 payable on let
day pf February, 1932.
No. 7 of $1,000.00 payable on let
day of February, 1933.
No. 8 of $1,000.00 payable on Ist
day of February, 1934.
No. 9 of $1,000.00 payable on Ist
day of February, 1935.
No. 10 of $1,000.00 payable on Ist
day of February, 1936,
No. 11 of 41,000.00 payable on Ist
day of February. 1937. i
STREET AND 141GI-IW AY BONDS`
KNOW ALL MEN BY THESE
PRESENTS:
That the City of Beaumont,
lmunicipal corporation in the Count:
of Jefferson, State of Texas, hereb:
acknowledges itself to owe, and fo
value received hereby promises t,.
pay to bearer ONE THOUTSAN
DOLLARS.... , ... ($1,000.00) in law
ful money of the United States
America, on the Ist day of Fehru
ary, 1927, with interest on said su
from date of this bond at the rat
of five per cent (51/,,) per annu
interest for the first year payabl
annually on the 1st day of Febru
ary, and for each year thereafte
(Payable semi-annually on the Is
clay of February and the Ist day o
August of each year, in lawfu
money of the United States o
.America, as evidenced by and upo
presentation and surrender of th
annexed interest coupons as the
severally become due. Both prinet,
pal and interest of this bond a
payable at the office of the Direct
for of Finance of the City of Beau
moator at the office of the Nation
al City Bank of New York City
New York,
This bond is one of a series o
400 bonds of the denomination o
ONE THOUSAND DOLLARS ($1,
U00.00) each, known and. calle
"STREET AND HIGHW EONll3'
of like tenor and date, except as t
maturity. numbered from one (1)
four hundred (400) inclusive, ag.
Rrel sating in amount FOUR HUN
DRE V THOUSAND DOLLAR
($400,000.00), said bonds issued b
the City of Beaumont for the pur
pose of making permanent city im,.
provenients. to -wit: For the pur
pose of improving, extending an
repairing streets and highways o
the City of Beaumont. .said bond
issued under and by virtue of it
Constitution and laws of the Stat
of Texas,and the Charter of th
City of Beaumont adopted the 30t
day of December. A. D. 1919, an
tine power and authority granted b
Sections 18 and 71 df said Cit.
Charter. and all ,:her provisions i
safli":'hA7Rr TfePtattri'ng-t0'thF''1'+r
suance of bu:uds. and by Chapte
14 7 of the t;uncrai l,alvs of th
6tatc of Texas passed by the 33r
Legislature at its regular session;
'ralltn�" e,'1•taili to cities Of
more than 5000 inhabitants and by
Chapter '9, Act., of the Regular Ses.
cion of 111e 37Ut Leq,Slaiurc an0
all amendute'its thereto and ant
s
other lawof the State of Texa
pertaining to and authorizing thel
issuance, of municipal bonds pur-
.s. u:,, I I t
ur=suant to an Ordinance duly
adopted by the City Commission of.
the City of I:caunu,nt on the 10J1
day of November, 1925, ordering an.
election on the 12th day of Decem-
ber, 192.,, and a Resolution of the
City Commission of the City of
Beaumont duly passed on the 15tHl
day clay of December, 1925, larfi
Ing the result of said election aq
in pursuance of an ordinance d•:l
and regularly passed by the City:
Connunission of the City of Beate -I
niont on the 15th day of llecember,"
A. D. 1925, and of record on p,;geal
206 et seq, Volume 5, of the Ordi-;
nances of the City of Beaumont.
The date of this bored is Ist
of February. 1926, axed it is here,y
certified, recited and declared that
all acts, conditions and things re-
quired to be done and precedent t0
and in the issuing of these bond8
have been properly done, have hap ,
ported and been performed in regt:-
iar and die form as required by•
]s -w, and that the total indebted=
cess of tine City, including the totar
indebtedness contracted by the is-'
nuance of these bonds, does not ex-_
reed the constitutional or statutory
linnitation.
And it is hereby recited, certified
and declared that the additional taX
levie and made necessary to be
levie(r in order to provide for the
interest and principalof th1- issue
of bonds, together with the rate of
tax existing at the time of the Is-
suance of these bonds, is within the -
limitations of the Constitution and
laws of the State of Texas, and of.
the Charter of the City of Beau
Mont.
IN TESTIMONY '%CHEREOF, the
City of Beaumont has caused th
7_.V VV.VV
r lmprovin Dniextend-
in g and repairing
the sewerage system
of the City of Beau-
mont •............. �OU,iU0.00
i For the improve -
went and extension
Of the Department
! of Public Safety in-
cluding fire alarm
( system, police tele-
phone and traffic
i signal system and
general Improvement
and repair of build -
Inge and equipment
and purchase of
equipment100,000.00
For the improve-
r ment and extension
of public parks and
the purchase of
equipment for same.it 50,000.00
AND, WHEEAS,deeme
expedient nti advisable atsthis tlm
to issue bonds in thu amount an
for the purposes above set fort
under and by virtue of the author
ity conferred by Said election o
date December 12, 1925. -and
WHEREAS, the streets and high
ways of the City of Beaumont ar
badly In need of improving, extend
ing and repairing so as to facili
tate the movement of traffic with
in the Citi, and
WHEREAS, the sewerage system
of the City of Beaumont is no
Wholly Inadequate for the demand
Placed upon it, causing congestion
Of the sewer mains and result i
stagnation which is injurious t
the health and lives of the people
Of the City of Beaumont, and
WHEREAS, the present equip
ment of Safety oftt a Cihe tyris wholly Publictment of de
quate to meet the demands of la
enforcement and fire Protection
within the city, and the Present
traffic signal service used upon th
Principal business streets of the
City Is wholly inadequate to handle
the crowded traffic conditions
upon such streets, each and all of
which conditions endanger the lives
and limbs of the people of the Citf
of Beaumont and
WHEREAS, the public parks, of
the City and equipment therein
are wholly inadequate to provide
the and Proper
oftherecreation,
en that
frequent such parks, resulting in
improper kind of recreation,
amusement and training for such
children each and all of which con-
ditions create an imperative pub-
lic necessity requiring this ordi-
nance to take effect immediately
as an emergency measure.
NOW. THEREFORE, BE IT OR-
DAINED BY THE CITY COM-
MISSION OF THE CITY OF
BEAUMONT:
Section i.
That the City of Beaumont shall
Issue bonds as hereinafter describ-
ed for and on behalf of and upon
the
borrow t the
eCetxtent of Seven
Hundred Fifty Thousand Dollars
($750,000.00) to be devoted to and
expended for the following Pur -
Poses, to -wit:
Four Hundred Thousand Dol-
lars ($400;000.00) for the pur-
pose of improving, extending
and repairing streets and high-
ways of the City of Beaumont.
Two Hundred Thousand Dol-
lars ($200.000.00) for the pur-
pose of improving, extending
and repairing the sewerage
system of the City of Beaumont.
Dol-
lars
One
the ae d
extension of the Department of
Public Safety including fire
alarm systems police telephone
and traffic signal system and
general improvement and repair
A)f buildings and eryulpntent and
purchase of equipment.
Fifty Thousand Dollars ($50,-
petTiv� ldt 4&Y-'af' ares 3s6�I
Nos. 288 to 304 of $1,000.O1f each'
payable 1st day of February, 1960.
Nos. 30:) to 320 of $1,000.00 each
payable 1st day of Frbruary, 1961.
Nos. 321 to 336 of $1,000.00 each
payable let day of February, 1962.
Nos. 337 to 352 of $1.000.09 each
Payable 1st day of February, 1963.
Nos. 353 to 368 of $1,000.00 each
payable 1st day of February, 1964.
Nos. 869 to 384 of $1,000.00 each
payable let day of February, 1965.
Nos. 385 to 400 of $1,000.00 each
payable let day of February, 1966.
SEWERAGE BONDS. Two Hun-
dred Thousand Dollars ($200,000.00)
Sewerage Bonds to be divided into
trvy hundred (200) bonds of the
ddnomination of One Thousand Dol-
lars ($1,000.00) each, numbered
from one (1) to two hundred (200)
inclusive, and payable as follows, I
respectively:
Nos. 1 to 2 of $1,000.00 each pay -
d i able let day of February, 1927.
e; Nos. 3 to 4 of $1.000.00 each pay -
d able 1st day of February, 1928.
h Nos. 5 to 6 of $1.000.00 each pay-
- able tat day of February, 1929.
f Nos. 7 to 8 of $1,000.00 each pay-
able let day of February, 1930.
Nos. 9 to 10 of $1.000.00 each Pay-
e able let day of February. 1931.
Nos. 11 to 12 of $1,000.00 each
- payable let day of February, 1932.
- Nos. 18 to 14 of $1,000.00 each
payable let day 600ffFebruary, 1933.
m Nos. 15 to 1 $1,000.00 each
w payable Ist day of February, 1934.
s Nos. 17 to 18 of $1,000.00 each
payable let dayy of February, 1936.
n Nos. 19 to 20 of $1.000.00 each
o payable 1st dal of February, 1936.
Nos. 21 to 24 of $1.000.00 each
Payable 1st day of February, 1937.
Nos. 25 to 28 of $1,000.00 each
payable 1st dayy of February, 1938.
Nos. 29 to 82 of $1,000.00 each
w payable 1st day of February, 1939.
Nos. 33 to 36 of $1.000.00 each
payable let day of February, 1940.
e Nos. 87 to 40 of $1,000.00 each
payable 1st day of February, 1941.
Nos. 41 to 44 of $1,000.00 each
payable let day of February, 1942.
Nos. 45 to 48 of $1.000.00 each
payable let day.of February, 1943.
Nos. 49 . to 52 of $1,000.00 each
payable 1st day of February. 1944.
Nos. 53 to 56 of $1,000.00 each
payable lot day of February. 1945.
Nos. 67 to 60 of $1,000.00 each
payable let day of February, 1946.
Nos. 61 to 66 of $1,000.00 each
payable 1st day of February, 1947.
Nos. 67 to 72 of $1.000.00 each
payable let day of February, 1948.
Nos. 73 to 78 of $1,000.00 each
payable 1st day of February, 1949.
Nos. 79 to 84 of $1,000.00 each
payable lot day of February, 1950. t
Nos. 85 to 90 of $1,000.00 each t
payable 1st day of February, 1951.
Nos. 91 to 96' of $1.000.00 each
payable lot day of February, 1952.
Nos. 97 to 102 of $1,000.00 ' each e
payable let day of February, 1953. t
Nos. 103 to 108 of $1.000.00 each t
payable
le 109ttoa114 of of $1,000.00 each a
payable let day of February, 1955. a
Nos. 115 to 120 of $1,000.00 each 1
Payable let day of February, 1956. p
Nos. 121 to 128 of $1.000.00 each t
payable let day of February, 1957. e
Nos. 129 to 136 of $1,000.00 each s
Payable let day of Februaryy 1958. g
Nos, 137 to 144 of $1,000.Ob each a
payable 1st day of February, 1959. t
Nos. 145 to 152 of $1,000.00 each u
payable 1st day of February, 1960. t
Nos. 153 to 160 of $1,000.00 each n
Payable 1st day of February, 1961. a
Nos. 161 to 168 of $1,000.00 each B
payable let day of February, 1962. t
Nos. 169 to 176 of $1,000:00 each
payable let day of February, 1963.
Nos. 177 to 184 of $1,000.00 each a
payable let day of February, 1964. s
Noe. 185 to 192 of $1,000.00 each fl
payable let day of February, 1965. F
Nov 193
day df""` IRror of the D%%{m o
No. 14 of $1,000.00 payable on tat Hance and the corporate seat
day of February, 1940. said City to be affixed there
No, 15 of $1,000.00 payable on 1st this the .... day of ............. 19
day of February, 1941. I
No. 16 of $1.000.00 payable on fat t
day of February, 1942. 1 'Mayor of the City of Beaumont.`
No. 17 of $1,000.00 payable on let ! Countersigned hnd Attested:
day of February, 1943.
No. 18 of $1,000.00 payable on lst • . • • • • • • • • • ............ .
day of February, 1944.. - I City Clerk of the City of
No. 19 of $1,000.00 payable on let ! Beaumont, Texas.
day of February, 1945.
No. 20 of $1,000.00 payable on let (SHAL)
day of February, 1946.
No. 21 of $1.000.00 payable on lot i Registered:
day of February, 1947. �
No. 22 of $1,000.00 payable on let ••••-••••.••.
day of February, 1948. ! Director of the Deparun gut of
No. 23 of $1,000.00 payable on 1st j Finance, Beaumont, T%•xas.
day of February, 1949.
No. 24, of $1,000.00 payable on let
day of February, 1950.
No. 25 of $1,000.00 payable on 1st
day of February. 1951.
No. 26 of $1,000.00 payable on let
day of February, 1952.
No. 27 of $1,000.00 payable on 1st
day of February, 1953.
No. 28 of $1,000.00 payable on 1st
day of February, 1954.
No. 29 of $1,000.00 payable on let
day of February, 1955.
No. 30 of $1,000.00 payable on 1st
day of February, 1956.
Nos. 31 and 32 of $1,000.00 each
payable57. oil lot day of February,
Nos. 83 and 84 of $1,000.00 each
payable on let day of February,
1958.
Nos. 35 and 36 of $1.000.00 each
payable on ist day of February,
1959.
Nos. 37 and 88 of $1,000.00 each
Payable on tat day of February„
1960.
Noe. 89 and 40, of $1.000.00 each
payable on 1st day of February,
1961.
Nos. 41 and 42 of $1,000.00 each
Payable on let day ' of February,
1962.
Nos. 43 and 44 of $1,000.00 each
Payable on let day of February,
1963.
Nos. 45 and 46 of $1.000.00 each
payable on tat day of February,
1964.
Nos. 47 and 48 of $1,000.00 each
payable on lot day of February,
1965.
Nos. 49 and 50 of $1,000.00 each
payable on ist,day of February,
1966.
Said bonds to be payable In law-
ful money of the United States of i
American and each dated the first
day of February, 1926, each bond to
bear interest at the rate of five Per
cent (5%) per annum, interest for ,
he first year payable annually on
he first day of February, and for
all years thereafter payable semi-
annual]y on the 1st day of Febru-
ary and the first day of August of
ach year, according to the tenor of
he Interest coupons to be attached
o said bonds.
The Mayor shall sign said bonds,
nd they shall be countersigned and
ttested by the City Clerk, and reg-
atered by the Director of the De-
artment of Finance and the seal of
he City shall be impressed upon
ach one of them. The coupons
hall be executed with the litho-
raphed signatures of the Mayor
nd City Clerk. Said bonds and in -
rest coupons shall be payable
Pon presentation and surrender to
he office of the Director of Fi-
ance of the City of Beaumont, or
t the office of the National City
ank in the City of New York, at
he option of the holder.
Section 3. 1
The bonds and interest coupons,
ab
provided for upon their fac.'1
hall be substantially in words and
IST. as follows, to -wit: i
to 200 of $1.000.00 each FORM OF BOND
Payable let day of February. 196G. UNITED STATES -OF AIIET:IC.A
D E P A R T U E\ T OF PL'EL11' : No. 1. $1,000.00
R.4TI,TV BONDS. On,' Ifundr<"1 STATE OF 'rE\.ks
Thousand Dollars ($10U,000.U0) De- CITY OF-BEAUSIONT
FORST OF COUPON
On the... day Of ............ 192.
the City of Beaumont, Scate i
Texas, will pay to bearer a2 the a
five of the Director of Finance I
the City of Beaumont, or at the 61
fice of the National City Bank (
Now York City. New York, TWEN
TY -FIVE DOLLARS ($20.00), la
ful money of the United States
America, being six months' into
estcthen due on its Street and High
way Bonds dated t.ite 1st day C
February, 1926. No. 2.
Mayor, City of Beaumont, Texas.
ATTEST:
amity Clerk of the City of
Beaumont, Texas.
Igerest coupon No. 1 on
above bonds shall be in the sum
Fifty Dollars ($50.00) being (
rear's interest to be paid on F4
vary 1, 1927.
iECOND.
FORM OF Be
UNITED STATES OF
No. 1
STATE OF TEXAS '
CITY OF BEAUMONT
SEWERAGE BONDS
KNOW ALL MEN BY THESE
PRESENTS:
That the City of Beaumont, s
municipal corporation in the Conn•
ty of Jefferson, State of Texas,
hereby acknowledges itself to owe,
and for value received, hereby
• romises to pay to bearer ON$
THOUSAND DOLLARS... ($1,000.00)
it. lawful money of the United
�Aates of America, on the 1st day of
February, 1927. with interest on
said sum from date of this bond at
the rate of five per cent (5%) per
annum, interest for the first year
payable annually on the 1st day of
February, and for each year there-
after payable semi-annually on th
let day of February and 1st day of
August of each year, in lswfu
money of the United States oz
America, as evidenced by and upon
Presentation and surrender of the
annexed interest coupons as they
severally become due. Both princi-
Pal and interest of this bond are
payable at the office of the Direc-
tor of Finance of the City of Beau
Mont, or at the office of the Na-
tional City Bank of New York City,
New York.
This bond is one of a series of
200 bonds of the denomination of
ONE THOUSAND DOLLARS ($1,-
000.00) each, known and called.
'SEWERAGE BONDS," of like
tenor and date, except as to ma-
turity, numbered front one (1) to
two' hundred (200) Inclusive ag-
gregating in amount TWO 'HUN
)TIED THOUSAND DOLLARS.
($200,000.00), said bonds issued by
the City of Beaumont., for the pur-
7ose of making permanent city im-
wovements, to -wit: For. the pur-
)ose of improving, extending and
epairing the sewerage System of
he City of Beaumont. Said bonds
osued under and by virtue of thea
F
4
' -•-may--� �--,-----�-�^-��
Constitution and Laws of the State
of Texas, and the Charter of the
City of Beaumont adopted the 30th
day of December, A. D. 1919, and
the power and authority granted by
Sections 18 and 71 of said City
Charter, and all other provisions in
said Charter pertaining to the Is-
suance of bonds, and by Chapter
147 of the General Laws of the
State of Texas passed by the 33rd
Legislature at its regular session,
granting certain powers to cities
of more than 5000 inhabitants and
by Chapter 9. Acts of the ReguI r
Session of the 37th Legislature axd
all amendments thereto, and all
other laws of the State of Texas
rpertaining to and authorizing the
`ssuance'of municipal bonds pursu-
ant to an Crdinance duly adopted
by the City Commission of the City
Df Beaumont on the 10th day of
!;ovembe:•. 1925, ordering an elec-
tion on the 12th day of December,
(925, and a Resolution of the City
Commission of the City of Beau-
nont duly passed on the 15th day of
December, 1925, declaringr the re-
9ult of said election, ant! in Pursu-
knee of an ordinance duly and reg-
llarly passed by the Citv Commis-
sion of the City of Beaumont on
'he 15th day of December, A. D.
1925, and of record on pages 206 et
leq, Volume 5. of the Ordinances of
.he City of Beaumont.
The date of this bond is Ist day
u February, 1936, and it is hereby I
:ertified, recited and declared that
01 acts, conditions and things re-
luired to be done and precedent to
tnd in the issuing of these bonds
tare been properly done, have hap-
)ened and been performed In regu-
ar and due form as required by
aR, and that the total indebted -
Less o? the City, includin; the total
ndebtednesg contracted by the is-'
mance of these bonds, does not ex-
'eed the constitutional or statutory
Imitation,
.And it is hereby recited, certified
,nd declared that the additional tax
evled and made necessary to be
evied in order to provide for the
nt�•rest and Principal of this issue
if bonds, together with the rate of
Ax existing at the time of the is-
uance of these bonds, is within the
Imitations of the Constitution and i
aws of tite State of Texas, and of
be Charter of the City of Beau-
mont.
TN TESTIMONY WIIEI:LI:OF, the
;ity of Beaumont has caused this
,ond to be issued and signed by its
dayor, count.ersigm-d and attested I City Clerk of Ow City of
iy its City Clerk, registen•ad by the J Reaumotlt, Texas.
)ir•'etor of the Department. of Fi-
Inter st F!Iial r ::e I 1 he the
tante, and the corporate seal of , ,
aid City to be affixed thereto, this above bonds shall be 1n the sum
lie .... day of ................. 192G. of Fifty Dollars ($50.00) being one
Fear's intoes[ to be paid on I•eb-
ruary 1, 1927,
-WMMitr rrs-- st%, WW *k .
law, and that the total indebted-
ness of the City, including the to-
tal indebtedness contracteti by the
issuancr of these bonds, does not
exceed the constitutional or statu-
tory limitation.
And it is hereby recited, certified
and declared that the additional tax
levied and n ade necessary to he
levied in order to provide for the
interest and principal of this Issue
of bonds, together with the rate of
tax existing at the time of the is-
suance of these bonds. is within the
limitations of the Constitution and City Clerk of the City of
laws of the State of Texas, and of Beaumont, Texas.
tltc Charter of the City of Beau- Interest coupon No. I on the
mont. above bonds shall be in the sum of
Fifty Dollars ($50.00) being one
year's interest to be paid on Feb-
ruary 1, 1927.
Section 4.
It Is further ordered that the
9layor be authorized and he is here-
by directed to take and have charge
of the above described bonds pend-
ing their investigation by the At-
torney General of the State of
Texas, and upon their approval and
registration he shall proceed to sell
the same at no less than their face
value and accrued interest, at pub-
lic or private sale, and the pro-
ceeds of such sale shall be deposit-
ed with the Director of the Depart-
ment of Finance of the City of
Beaumont, the proceeds of said
bond& shall be used for the purpose
of making permanent city improve-
ment, to wit:
1. For the purpose of Improving,
extending and repairing streets and
hlgliwvys of the City of Beaumont.
For the purpose of Improving,
extending and repairing the sewer-
age system of tite City of Beau-
mont.
3. For the improvement and ex-
tension of the Department of Pub-
lic Safety, including fire alarm sFs-
tem, police telephone and traffio
signal system and general improve-
ment and repair of buildings and
equipment and purchase of equip-
ment.
4. For the improvement and ex-
tensinn of pnhlic pari. -.9 and the
purchase of equipment for same.
Section 5.
It is further ordained that for
the purpose of paying the interest
on said Street and Highway Bonds,
as well as the various installments
of principal as the same shall r-
spectively mature, there is hereby
levied for the year 1926, and for
each year thereafter, so long as
the same may be necessary to pro-
vide the interest and annual in-
stallments of principal of said
bonds, on all of the property in the
City of B,•aumont subject to taxa-
tion. an additional tax of Six Cents
($0.06) on each One Hundred Dol-
lars valuation of all taxable prop-
erty within tite City of Beaumont,
or so much thereof or such other
rate of tax as shall be necessary
and the same shall be. so annually
assessed, collected and applied, and
said tax, or so much thereof or
such other tax as may be necessary
is nerehy levied for each year here-
after while said bonds or any nutn-
her thereof are outstanding, and
the same shall be andually as-
sessed, collected and applied to the
purpose named.
It is further ordained tnat for
the purpose of paying the Interest
on said Sewerage Bonds, qac; w:al
as the various installmentsof
principal as the same shall respec-
tively mature, there is hereby
levied for the year 1926, and for
each year thereafter, so long as the
same may be necessary to provide
the Interest and annual install
ments of principal of said bonds,
on all of the property in the City
of Beaumont subject to taxation,
an additional tax of Three 'Cents
($0.03) on each One Hundred Dol-
lars valuation of all taxable prop-
erty within the City of Beaumont,
or so much thereof or such other
rate of tax as shall be necessary
and the same shall be so annual
ly assessed, collected and applied,
and said tax, or so much thereof or
such other tax as may be necessary
Is hereby levied for each year
hereafter while said bonds or any
number thereof are outstanding,
and tho same shall be annually as-
sessed, collected and applied to the
purpose named:
IN TESTIMONY WHEREOF, the
City of Beaumont has caused. thi s
-
New York City, New York,
TWENTY-FIVE DOLLARS ($25.00),
lawful money of the United States
if America, being six months' in-
terest then due oil its Public Park
Bonds dated the ist day of Febru-
ary, 192G. No. 2.
1Iayor of the City of Beaumont,
Texas
ATTEST,
bond to be issued and signed by its
.Mayor, countersigned and attested
by its City Clerk, registered by the
Director of the Department of Fi-
nance, and the corporate seal of
said City to be affixed thereto,
this the ... day of..............1926.
Mayor of the City of Beaumont
Countersigned and Attested:
City Clerk of the City of
Beaumont, Texas.
(SEAL)
registered:
IJirectur of the Department of
Finance, Beaumont, Texas.
FORM OF COUPON
On the ... day of ............ 192..,
the City of Beaumont, State of
Texas, will pay to bearer at the of-
fice of the Director of Finance of
the City of Beaumont, or it the of-
fice of the National City Bc.nk of
New York City, New York, TWEN-
TY-FIVE DOLLARS ($25.00), lawful
money of the United States of
America, being six months' interest
then due on its Department of Pub-
lic Safety Bonds dated the Ist day
of February, 1926. No. 2.
9layor of the City of Beaumont,
Texas.
ATTEST:
iiayur oP the City oP Beaumont I FOUFTH.
;ountersigned and Attested: I FORM OF RONh
UNITED STATES OF AMERICA
. NO. 1 $1,000.00
tv Clerk of the City of I STATE OF TEXAS
�3eautnont, Texas,, CITY OF BEAUMONT
SEAL) i PUBLIC PARK BONDS
KNOW ALL MEN BY THESE
iegistered:PRF,Sli_\TS:
That the City of Beaumont, a mu-
nicipal corporation in the County
of Jefferson. State of Texas, here-
Nrector of the Department of by acknowledges itself to owe, and
Finance, Beaumont, Texas. 1 for value received, hereby promises
to pay to bearer ONE THOUSOND
FORM OF COUPON DOLLARS .............. ($1,Oo0.00)
In 'lawful money of the United
On the. ..da
of......... , 192.. States of America, on the Ist day
se City ofBeaumont, State ot` :` of February, 1927, with interest on
eras, will pay to bearer at the of- said sura from date of this bond at
ce of the Director of Finance of the rate of five mer cent 1(5 per
City of Beaumont', or at the of- cent) per annum, interest for the
�¢e of the National City Bank of first year payable annually on the
ea• York City, New York, TWEN- 1Ist day of February, and for each
Y -FIVE DOLLARS ($25.00) law- year thereafter payable semi -an -
111 money of the United States of i nually on the Ist day of February
rnerice, being six months'. interest and 1st day of Au*ust of each year,
len due on its Sewerage Bonds in lawful money of the United
►ted the 1st day of February, 1926. States of America, as evidenced by
D. 2, and upon presentation and surren-
der of the annexed interest coupons
Mayor• of the City of Beautnont, as they sever�aa.11y become due. Both
Texas. principal and interest of this bond
TTEST: are payable at the office of the Di-
rector of Finance of the City of
Beaumont, or at the office of the
Clerk of the City of National City Bank of New York
ty
Beaumont, Texas. I City, New York.
J �l
:ulloQ puvsnogL •ir113
'Io-intdinba 70 asrgaand
utdlnba pus s8ulplinq 30
)us Iuauranoldull la.10u08
th a pant ori Pebru-
fliWk'_9MMb_t" of Ili - tiftr AM
VIA.- - zaaw- �.�r�• �»�»
Safety Bo de- as wei as the Va-
1927.
date, except as to maturity, num-
rious installments of principal as
Uared from one (1) to fifty (50)
the same shall respectively mature,
inclusive, aggregating in amount
there is hereby levied for the year
FORM OF BOND
I FIFTY THOUSAND DOLLARS
1926, and for each year thereafter,
:T ED STATES OF ,AMERICA
($50,000.00), said bonds issued
so long as the same may be msec -
$1,000.00'
m
by the City of Beaumont for the
nary to provide the interest and
STATE OF TEXAS
purpose of making permanent city
annual installments of principal of
CITY 01-1 BEAUMONT
improvements, to -wit: For the im-
said bonds, on all of the property
IEPARTMENT OF PUBLIC
provement and extension of public
in the City of Beaumont subject
SAFETY BONDS
perks anti the purchase of equip-
ti
to taxation, an additional tax of
iF ALL 11EN BY THESE
mint for same. Said bonds issued
Two Cents ($0.02) each One
ESENTS:
Lt the City of Beaumont, a
under and by virtue of the Con-
stitution and laws of the State of
Hundred Dollars valuation of all
taxable propetlty within the CIty'
eipal corporation in. the Coun-
'Texas,
Texas, and the Charter of the City
f of Beaumont adopted the 30th day
of Beaumont, or so much thereof
f Jefferson, State of
,y acknowledges Itself to owe,
; of December, A. D. 1919, and the
or such other rate of tax as shall
be necessary and the same shall be
for value received, hereby
power and authority granted by
so annually assessed, collected and
ises to pay to bearer ONE
Sections IS and 71 of said City
Charter, all provisions In
applied, and said tax, or so mucli
7SAND DOLLARS.. .01,000-00)
money the United
and other
said Cha*ter pertaining to the is-
thereof or such other tax as'may
is hereby levied for
twful of
s of America on the 1st day
nuance of bonds, and by Chapter
be necessary
each year hereafter while said
ibruary, 1927, with intereft on
I 1+7 of the General Laws of the
bonds or any number thereof are,
aunt from date of this bond at
, State of Texas passed by the 33rd
outstanding, and the same shall he
,ate o? five per cent 0%) per
I Legislature at its regular session
annually assessed, collected and
M, interest for the first year
granting certain powers to cities
applied to the purpose named.
ble annually, on the lot clay of
1 of more than 5000 Inhabitants and
It is further ordained that for
nary, ants for each year there-
by Chapter 9, Acts of the Regular
Session of the 37th Legislature and
the purposeof paying the interest
payable semi-annually on the
ay of February and 1st day of
till amendments thereto, and all
allas
on said Public Park Bonds, as well
the various installments of
ist for each year, in lawful
other laws of the State of Texas
principal of said bonds, on all of
q of the United States of
Ica, evidenced by and upon
i Pertaining to and autlio.rizing the
issuance of municipal bonds pur-
the propert?- In the City of Beau -
mont subject to taxation, an addi-
as
ntation and surrender of the
t suant to all Ordinance duly- adopted
tional tax of One Cent ($0.01) on
xed interest coupons as they
i by the City Commission of the City
each hundred Dollars valuation of
'ally become due, Both princi-
interest bond are
of T>eaumunt on the 10th day of
November, 1925. ordering an elec-
all tax able property within the
City of Beaumont, or so much
Lnd7 of this
ble at the office of the Direc-
tion on he 12th day of December,
I t
1925, and a Resolution of the City
thereof or such other rate of tax
f Finance of the City of Beau-
Commission of the City of Beau -
as shall be necessary and the same
be annually assessed, col-
or at the office of the Na-
or
1 City Bank of New York, New
duly passed on the 15th day
December, 1925, declaring the re -
shall so
lected and applied, and said tax, or
r
�s bond is one of a series of
of
� suit of said election, and in pur-
so much thereof ors h other tax
as may be necessar is hereby
of the denomination of ONE
segula of an Ordinance duly and
regularly passed by the City Com-
levied for each year hereafter while
bonds or any number thereof
DSAND DOLLARS ($1,000.00)
kpown and called "DEPART-
mission of the City of Beaumont on
said
are outstanding, and the same shall
T OF PUBLIC SAFETY
+he 15th day of December, A. D.
1925, and of record on pages 206
be annually assessed, collected and
Y
to the named.
DS" of like tenor and date, ex-
et Volume 5 of the Ordinances
applied purpose
All ordinances and parts of ordi-
as to maturity, numbered from
(1) to one hundred (100) in-
the
. of the City of Beaumont.
nances and all Resolutions and
ve, aggregating in amount the
The date of this bond is let day
parts of Resolutions Inconsistent
of ONE HUNDRED THOU-
of February, 1926, and it is hereby
with the provisions of this ordi-
Do DOLLARS ($100.000.00), said
certified, recited and declered that
nance are hereby rescinded and re-
s issued by the City of Beau-
all acts, conditions and things re-
pealed.
h for the purpose of making
quired to be done and 'precedAnt
to and in the Issuing of these bonds
section 6.
The fact that the streets and
ianent city improvements, to-
For the improvement and ex-
have been properly done, have hap-
highways of the City of Beaumont
on of the Department of Pub-
pened and been performed in reg-
are badly in need of improving.
Safety, including- fire alarm
alar and due form as required by
extending and repairing so as to
'in, police telephone and traffic
law, and that the total indebtedness
facilitate the movement of trafflo
Ll system and general improve-
of the City, Including the total in-
debtedness contracted by the is-
within the City: and the s -Overage
system of the City of B-•aumont is
and repair of buiid; •g; and
)ment and purchase of equip-
nuance oP these bonds, does not
now wholly inadequate for the de -
Said bonds issued under and
exceed the constitutional or statu-
mands placed upon it, causing con-
:irtue of the Constitution -and
tory limitation.
And it Is hereby recited, certified
gestion of the sewer mains and re, -
sult in stagnation which is inju-
of the State of Texas. and the
iter of the City Beaumont
1nd declared that the additional tax
rious to the health and lives of the
8
tied by Sections 1S ar9 71 of
;levied and made neecssar to be
y
people of the City of Beaumont;
City Charter, and all other pro-
levied in order to provide for the
and the present enuipment of the
the
no in said Charter pertaining
interest and principal of this issue
of bonds, together with the rate of
Department of Public Safety of
City is who'ly inadequate to meet
he issuance of bonds, and by
iter 147 of the General Laws of
tax existing at the time of the Is-
the demands of law enforcement
State of Texas passed by Lite
nuance of these bonds, is within
the limitations of the Constitution
and fire protection within the city,
and the present traffic signal serv-
Legislature at its regular acss-
egislang
and laws of the State of Texas, and
ice uszed upon the principal busi-
certain powers
;
of the Charter of the City of Beau-
ness streets of the City is wholly
a of more than 5000 inhabi-
Stand by Chapter 8, Acts of the
moot.
IN TESTIMONY WHEREOF, the
inadequate to handle the crowded
traffic conditions upon such streets,
,lar session of the 37th Legis-
City of Beaumont has caused this
each and all of which conditions
F! and all amendments thereto
bond to be issued and signed by its
endanger the lives and limbs of
State
$11 other laws of the State of
'A
Mayor, countersigned and attested
the people of the City of Beaumont:
iof
pertaining to and
by its City Clerk, registered by the
and the public parks of the city
a
its issuance of municipal bond-
the
Director of the Department of FI-
and equipment therein are wholly
to Ordinance duly
den b the Cit Commission of
Y Y
notice, and the corporate seal of
said City to be affixed thereto,
inadequate to provide the proper
recreation, amusement and training
City of Beaumont on the loth
this the .... day of..........., 1926.
of the children that frequent quell
of November, 1925, ordering an
parks, resulting in improper kind
Jon on the 12th day of Decent-
........
of recreation, amusement and
1925, and a Resolution of the
liayor of the City of Eeaumont
training for such children, each and
Commission of the City of
all of which conditions create an
imont duly passed on the 155th
Countersigned and Attested:
imperative public emergency re -
of December, 1925. declaring
quiring the suspension of the rul,+
result of said election, and in
, , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
requiring ordinances to he read on
nance of an Ordinance duly and
City Clerk of the City of
three separate (lays before their
4arly passed by the City Com-
Beaumont, Texas.
passage, and said rule is hereh-v
icon of the City of Beaumont
(SEAL)
suspended and this ordinance shall
he 15th day of December, -A. D.I
Registered:
take effect from and after the da, i e
and of record on pages 206,
,,q, Ordinances
I
of.its passage and lawful publTca-
Volume 5, of the
he City of Beaumont.
.......... .........
i Director of the Department of
tion.
Passed this the 15th day of Qe-
te date of this bond is 1st day
Finance, Beaumont, Texas,
oember, A. D. 1923, by the affirma-
'ebruary, 1926, and it is hereby
tive vote of all members of the
[Pied, recited and declared that
FORM OF COUPONCity
Commission of the City of
acts, conditions and things re-
On the .... day of.........., 1925,
Beaumont.
ed to be done and precedent to
....the City of Beaumont, State of
Approved this the 15th day of
In the issuing of these bonds
Texas, will pay to bearer at the
December, A- D. IM5.,
a been properly done, have hap-
office of the, Director of Finance
J. AUSTTN 13•1RNES,
!d and been performed in regu-
of the City of Eeaumont, or at. the
Mayor of the City of Beaumont,
and due form as required by
, office of the National City Bank of
Texas.
t
V
c out the coat of
arments -- fresh
- gorgeously and
L11
P
Texas