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HomeMy WebLinkAboutORD 18-GAN ORDINANCE AUTHORIZING AND DIRECTING THE ISSUANCE C, SERIAL BONDS CF THE CITY OF SEAUMONT, BEARING INTEREST AT THE RATE`OF 42/ PER ANNUM2 INTEREST PAYABLE ANNUALLY FOR THE FIRST YEAR AND SEMI-ANNUALLY ON EACH YEAR THEREAFTER, IN THE SUM OF $900,000 TO BE ISSUED F(R THE PURPOSE OF CONSTRUCTING A SENIOR HIGH SCHOOL BUILDING OF BRICK, STONE, OR CONCRETE MATERIAL, AND PURCHASING THE NECESSARY -SITE THEREFOR; -AND AUTHORIZING AND DIRECTING THE ISSUANCE OF SERIAL BONDS OF THE CITY OF BEAUMONT, BEARING INTEREST AT THE RATE OF 412%,PER ANNUM, INTEREST'PAYABLE ANNUALLY FOR THE FIRST YEAR AND SEMI-ANNUALLY FOR EACH YEAR THEREAFTER, IN THE SUM OF $600,000, TO BE ISSUED FOR THE PURPOSE OF CONSTRUCTING A'NEGRO HIGH SCHOOL OF BRICK, STONE, OR CONCRETE MATERIAL, AND THE NECESSARY ADDITIONS; REPAIRS, AND;IMPROVEMENTS ON BUILDINGS NOW IN USE, AND THE PURCHASE OF ADDITIONAL SITES THEREFOR; PROVIDING FOR THE LEVYING AND COLLECTING OF THE NECES- SARY TAX TO PAY THE INTEREST AND CREATE A SIIKING FUND FCR THE REDEMPTION OF SAID BONDS AT MATURITY; AND PROVIDING THAT SAID ORDINANCE SHALL TAKE EFFECT FROM AND AFTER ITS PASSAGE AND LAWFUL.PUBLICATION; AND DECLARING AN EMERGENCY. WHEREAS, on the qth day of February, A. D. 1928, an ordinance was duly passed by the affirmative vote of all members of the City Commission of the city -of Beaumont -whereby a school bond election was ordered to'be held within -and for the Beaumont Independent School District -in .said city on the 7th day of April, A.D. 1928; and, WHEREAS, due notice of said election was given in the manner and for the length of time required by law; and, WHEREAS, in said election held within and for the Beaumont Independent School District in the City of Beaumont on the 7th day of April, 1928, the voters of the Beaumont Independent School District of the City of Beaumont qualified to vote at said electirn authorized the City Commission of the City of Beaumont to issue bonds of said city payable serially from one to forty years from their date, to bear interest at the rate of 4 , per annum, interest payable annually for the first year and semi-annually for each year thereafter, said bonds to be in the following amount- and the 'money to be derived therefrom to be used for the following purpose, to wit: For the construction of a senior high school building of brick, stone, or concrete material and the purchase of the necessary site therefor ------- $900,000 For -the construction of a negro high school of brick, stone, or concrete material and the necessary additions, repairs, and improvements on buildings now in use, and the purchase of add- itional sites therefor--- ____------- , , , WHEREAS, it is deemed expedient and advisable at this time to issue bonds in the amount and for the purpose above set forth under and by virtue of the authority conferred by said election of date April 7, 1928; and, WHEREAS, the public free schools of the Beaumont Independent School District of the City of Beaumont do not have sufficient space to properly house the pupils in said district, and the ex- isting public school buildings are in need of immediate repairs, and the school children are improperly housed and have not suf- ficient space available for class rooms, creating an imperative public necessity requiring this ordinance to take effect immedi- ately as an emergency measure. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF BEA.UMONT: Section 1 That the City Commission of the City of Beaumont shall issue bonds as hereinaf ter described, for and on behalf of and upon the credit of the Beaumont Independent School District of the City of Beaumont to borrow to the extent of $1,500,000 to be devoted to and expended for the following purposes, to wit: For the construction of a senior high school building of brick, stone, or concrete material and for the purchasing of necessary site therefor ----- $900,000 For the construction of a negro high school of brick, stone, or concrete 'material and the necessary additions, repairs, and improvements on buildings now in use, and the purchase of addi- tional sites therefor--------- _----------$600,000; -That said bonds provided for herein shall be and are issued under and by virtue of the 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 the City Charter and all other provisions of said charter pertaining to the issuance of said bonds, and by Chapter 147, General Laws of the State of Texas, passed by the 33rd Legislature at its regular session granting certain -powers to cities of more than 5,000 inhabitants, and by Chapter 9 of the Acts of the regular session of the 37th Legislature, and all amendments to said laws, and all other laws of the State of Texas pertaining to and authorizing the issuance of municipal bonds,. Section 2. That said -bonds in the sum of $1,500,000 shall be divided into two series, and each series divided into forty installments, and said series of said bonds shall be known ' and called each respective- ly 'School Bonds of 1928, Series A", and, "School Bonds of 1928, Series B", and the Mayor of the City of Beaumont is hereby authorized and directed to have prepared and executed a set of bonds for eadh of said purposes as follows: SCHOOL BOMS OF 1928 SERIES A N900.,000 School Bonds of 1928, ' Series A, to be divided into 900 bonds of the denomination of 01,000 each to be numbered from 1 to 900 inclusive, payable as follows: Nos. 1 to 9 incof 1000 each; payable May 1, 1929 Nos. 10 to 18' inc.of 11000 1000 each, payable May 1;1930 Nos. 19 to 27 inc. of each., payable May 1, 1931 Nos. 28 to 36 inc. of �11000 each, payable May 1; 1932 Nos. 37 to 45 inc. of §1000 each; payable May 1, 1933 Nos. 46 to 54 inc. of $1000 each, payable May 1, 1934 Nos. 55 to 63 inc. of $1000 each- payable May 1, 1935 Nos. 64 to 72 inc. of :11000 each, payable May 1, 1936 Nos. 73 to 81 inc. of 1000 each, payable May 1, 1937 Nos. 82 to 90 inc. of 1000 each; payable M9y 11 1938 Nos. 91 to 108 inc. of .,1000 each, payable May 1, 1939 Nos. 109 to 126 inc. of '1000 each, payable May 1, 1940 Nos. 127 to 144 inc. of 1000 each, payable 'May 1, 1941 Nos. 145 to 162 inc. of "1000 each, payable May 11 1992 Nos. 163 to 180 incur of 1000 each, payable May 1, 1943 Nos. 181 to 198 inc. of '1000 each; payable May 1, 1944 Nos. 199 to 216 inc. of 91000 each, payable -May 1, 1945 Nos. 217 to 234 inc. of ��,U'000 each, payable May 1.9-1946 Nos. 235 to 252 inc. of 6P1000 each, payable May 1; 1941 Nos. 253 to 270 inc. of 01000 each, payable May 1, 1948 t-1fJ-lrE__k' r Nos, 271 to 297 inc. of Nos. 298 to 324 inc l . of Nos. 325 to 351 inc. of Nos. 352 to 378 inc. of Nos. 379 to 405 inc. of Nos. 406 to 433 inc. of Nos. 433 to 459 inc. of Nos. 460 to 486 inc. of Nos. 487 to 513 inc. of Nos. 514 to 54.0 ire. of Nos. 541 to 576 inc. of Nos. 577 to 612 inc. of Nos. 613 to 648 inc. of Nos. 649 to 68jk inc. of Nos. 685 to 720 inc. of Nos. 721 to 756 inc. of Nos. 757 to 792 inc. of Nos. 793 to 828 inc. of Nos. 829 to 864 inc. of Nos. 865 to 900 inc. of 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 each, payable May 1, 1949 each, payable May 11 1950 each, payable May 1, 1951 each, payable May 11 1952 each, payable May 1, 1953 each, payable May 1, 1954 each, payable May 11 1955 each, payable May 11 1956 each, payable May 1, 1957 each, payable May 1, 1958 each., payable May 1, 1959 each, payable May 11 1960 each, payable May 11 1961 each, payable May 1, 1.962 each, payable May 1, 1963 each., payable May 1, 1964 each; payable May 1, 1965 each, payable May 1, 1966 each., payable May 1, 1967 each, payable May 1, 1968 SCHOOL BONDS OF 1928 SERIES B $600,000 School Bonds of 1928, Series B, to be divided into 600 bonds of the denomination of 01000 each, numbered from 1 to 600 inclusive, payable as follows respectively: Nos. 1 to 6 inc. of Nos. 7 to 12 inc. of Nos. 13 to 18 inc. of Nos. 19 to 24 inc. of Nos. 25 to 30 inc. of Nos. 31 to 36 inc. of Nos. 37 to 42 inc. of Nos. 43 to 48 inc. of Nos. 40 to 5+- inc. of Nos. 56k to 60 inc, of Nos. 61 to 72 inc. of Nos. 73 to 84 inc' of Nos. 85 to 96 inc. of Nos. 97 to 108 inc: of Nos. 109 to 120 inc. of Nos. 121 to 132 inc. of Nos. 133' bo 144 inc. of Nos. 145 to 156 inc. of Nos. 157 to 168 inc. of Nos. 169 to 180 inc. of Nos. 181 tb 198 inc. of Nos. 199 to 216 inc. of Nos. 217 to 234 inc. of Nos. 235 to 252 inc. of Nos. 253 to 270 inc. of Nos. 271 to 288 inc0 of Nos. 289 to 306 inc. of Nos. 307 to 324 inc. of Nos. 325 to 342 inc. of Nos. 343 to 360 inc. of Nos. 361 to 384 inc-. of Nos. 385 to 408 inc. of Nos. 409 to 432 inc. of Nos. 433 to 456 inc. of Nos.' 457- to 480 - inc . of Nos. 481 to 504 inc. of Nos. 505 to 528 inc. of Nos. 529 to 552 inc. of Nos. 553 .to 576 inc. of Nos. 577 to 600 inc. of 11000 31000 i1000 11000 '1000 ;1000 U00 ;1000 �1000 1000 ;1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 each, payable May 1, 1929 each, payable May 1, 1930 each; payable May 1, 1931 each; payable May 1, 1932 each, payable May 1, 1933 each, payable May 1, 1934 each, payable May 1, 1935 each, payable May 1; 1936 each, payable May 111937 each; payable May 1, 123$- each, payable May 1, 1939 each, payable May 1, 1940 each; payable May 1; 1941 each, payable May 1, 1942 each, payable May 10 1943 each, payable May 1, 1944 each; payable May 1; 1945 each; payable May 1, 1946 each, payable May 11 1947 each, payable May 1, 1948 each; payable May 1, 1949 each, payable May 1, 1950 each, payable May 1; 1951 each; payable May 1, 1952 each, payable May 1, 1953 each, payable May 1, 1954 each, payable May 1, 1955 each, payable May 1; 1956 each, payable May 1, 1957 each, payable May 1; 1958 each, payable May 1; 195g each; payable Hay 1, 1960 each; payable May 1, 1961 each; payable May 1; 1962 each, payable May 1; 1963• each, payable May 1, 1964 each; payable May 1, 1965 each, payable May 1, 1966 each, payable May 1, 1967 each, payable May 1, 1968 Said bonds to be payable in lawful money of the United States of America and each dated the lst day of May, A.D. 1928, each bond to bear interest at the rate of 4� per annum, interest payable annual- ly for the first year on the lst day of May, 1929, and for all years thereafter payable semi-annually on the lst day of May and the lst day of November of each year, according to the tenor of the interest coupons to be attached to said bonds. The Mayor shall sign said bonds and they shall be countersigned and attested by the City Clerk and registered by the Director of the Department of Finance and the seal of the City of Beaumont shall be impressed upon each of them. The coupons shall be executed with the lithographed signatures of the Mayor and City Clerk. Said bonds and interest coupons shall be payable upon presentation and surrender at the office of the Director of the Department of Finance of the City of Beaumont, or at the office of the National City Bank of New York City, New York, at the option of the holder. Section 3 -The bonds and interest coupons above provided for, upon their face; thall be substantially in words and figures as follows, to wit: FI $T PRO OS TION For th con�trucjion o a senig h- ' tldin� of bP' k s�one or con cre e ma eria and the purc asa.n o e necessar s�je0�g.e�e or. FORM OF BOND ` UNITED STATES OF AMERICA STATE OF TEXAS CITY OF BEA UMONT SCHOOL BOMS OF 1928, SERIES A KNOW ALL MEN BY THESE PRESENTS: That the City of Beaumont, a municipal corporation, of the County of Jefferson., State of Texas, hereby acknowledges itself to owe, and for value received hereby promises to pay to bearer One Thousand Dollars in lawful money of the'United States of America, on the lst day of May, A. D. 1929, with interest on said sum from date of this bond at the rate of QV, per annum, inter- est"payable annually for the first year on the lst day of May, 1929, and for each year thereafter payable semi-annually on the lst day of May and on the lst day of November of each year, in lawful money of the United States of America, as evidenced by and upon presentation and surrender of the an- nexed interest coupons as they severally become due. Both principal and interest of this bond are payable at the office of the Director of Finance of the City of Beaumont, or at the office of the National City Bank of New York City, New York, at the option of the holder hereof. This bond is a series of 900 bonds of the denomination of $1000 each, known and called, "School Bonds of 1928, Series All of like tenor and date except as to maturity, numbered from 1 to 900 inclusive, aggregating in amount N900,000.9 said bonds issued by the City of Beaumont for the purpose of making permanent city improvements, to wit: For the construction of a senior high school building of brick, stone, or concrete material and the purchasing of the necessary site therefor. Said bonds issued under and by virtue of the Constitution and Laws of the State of Texas and the Charter of the City of Beaumont adopted the 30th day of De ember A.D 1l919 and th o er nd authorJAy granted by Sec ions IS anc� 71 o� said CT4 Bhar�er, and a 11 F other provisions in said charter pertaining to the issuance of bonds, and by Chapter 147 of the General haws of the State of Texas passed by the 33rd Legis- lature at its regular session, granting certain powers to cities of more than. 5,000 inhabitants, and by Chapter 9 of the Acts of the regula-V session of the 37th Legislature and all airip thereto, and all other laws of the State of Texas pertaining to and authorizing the issuance of' -municipal bonds, pur- suant to an ordinance duly adopted by the City Com- mission of the City of Beaumont on the 4th day of February, A.D. 1928, ordering an election on the 7th day of April, A.D. 1928, and a resolution of the City Commission of the City of BeaLmmont duly passed on the loth day of April, 1928, declating the results of said elec- tion, and in pursua} ce of an ordinance duly and regularly passed by the City Commission of the City of Beaumont on the loth day of April, 1928, authorizing and directing the issuance of said bonds, and of record on pages et seq. Vol. of the Ordinances of the City of Beaumont. The date of this bond is the 1st day of May, 1928; and it is hereby certified, recited, and declared that all acts, conditions and things required to be done and precedent to and in the issuing of these 'fronds have been properly done, havb happened and been performed in regular and due form as required by law, and that the total indeb- tedness of the City of Beaumont and the Beaumont Independent School District, including the total indebtedness contract- ed by the issuance of these bonds, does"not exceed the Constitutional or Statutory limitations. And it is hereby recited, certified and declared that the additional tax levied and made necessary to be 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 issuance 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 Beaumont. In testimony whereof the City of Beaumont has caused this bond to be issued and signed by its Mayor, countersigned and attested by its City Clerak, - registered by the Director of the Department of Finance, and the corporate seal of the City of Beaumont to be affixed thereto, this, the 1st day of May, A.D. 1928. Countersigned and Attested: City Beaumont, Texas. o (Seal) . Registered: Mayor of the City of Peaurliont Texas. Director of the Department of Finance of the City of Beaumont,. Texas. FORM OF COUPON NO. 1. $45.00 On the 1st day of May, A. D. 1229, the City of Beaumont, Texas, will pay to bearer at the office of the Director of Finance of the City of Beaumont, or ' at the office of the National City Bank of New York City, New York, at the option of the holder, the sum of money of the United States yearts interest then due Series A;.dated the lst da Attest: City Clerk of the ity of Beaumont, Texas, Forty-five Dollars lawful of America, being one on its serial bonds of 1928, y of May, 1928. Mayor of the City of Beautont, Texas The remaining coupons of said bonds shall be in substantially the above form-, but shall be for the sum of $22.50, being six months' interest on said bonds, and said coupons shall be payable every six months on the lst day of May and the lst day of November of each year after the first year. SECOT\TD PROPOSITION For the construction of a negro high school. of brick, stone, or concrete material and the necessary additions, repairs, and improvements of buildings now in use", and the purchase of addi- tional sites therefor. FORM OF BOND N0. 1 � $1,000 UNITED STATES OF ANERICA STATE OF TEXAS CITY (F BEAUMONT SCHOOL BONDS OF 1928, SERIES B KNOW ALL MEN BY THESE PRESENTS: That the City of Beaumont, a municipal corporation, of the County of Jef- ferson, State of Texas, hereby acknowledges itself to owe and for value received hereby promises to pay to bearer One Thousand Dollars in lawful money of the United States of America, on the lst day of May, A.D. 1929, with interest on said sum from date of this bond at the rate of 4e o per z annum, interest payable annually for the first year on the lst day of May, 1929, and for each year thereafter payable semi-annually on the lst day of May and on the lst day of November of each year, in lawful money of the United States of America, as evidenced by and upon presentation and sur render of the annexed interest coupon as they severally become due. Both principal and interest of this bond are payable at the office of the Director of Finance of the dity of Beaumont; or at the office of the National City Bank of New York City, New York, at the option of the holder hereof, This bond is a series of 600 bonds of the denomination of $1000 each, known and called, "School Bonds of 1928, Series B" of like tenor and date except as to maturity, numbered from 1 to 600 inclusive, aggregating in amount $6001000, said bonds issued by the City of Beaumont for the purpose of making permanent city improvements, to wit: For the construction of a negro high school of brick, stone, or concrete material, and the necessary additions, repairs and improvements of buildings now in use, and the purchase of additional sites therefor. Said bonds issued under and by virtue of the Constitution and Laws of the State of Texas and the Charter of the City of Beaumont adopted the 30th day of December, 19d-9, 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 issuance 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 5,000 inhabitants, and by Chapter 9 of the Picts of the regular session of the 37th Legislature and all amendments thereto, and all other laws of the State of Texas pertaining to and authorizing the issuance of municipal bonds, pur- suant to an ordinance duly adopted by the City Com- mission of the City ' of Beaumont on the 21th day of February, A.11. 1928, ordering an election on the 7th day of April, A.D. 1928, and a resolution of the City Commission of the City of Beaumont duly passed on the loth day of April, 1928, declaring the results of said elec- tion, and in pursuance of an ordinance duly and regularly passed by the City Commission of the City of Beaumont on the loth day of April, 1928, authorizing and directing the issuance of said bonds, and of record on pages et seq. Vol. of the Ordinances of the City of Beaumont. The date of this bond is the lst day of May, 1928; and it is hereby certified, recited, and declared that q11 acts, conditions and things required to be done and precedent to and in the issuing of these bonds have been properly done, have happened and been performed in regular and due form as required by law, and that the total indeb- tedness of the City of Beaumont and the Beaumont Independent School District, including the total indebtedness contract- ed by the issuance of these bonds, does not exceed the Constitutional or Statutory limitations. And it is hereby recited, certified and declared that the additional tax levied and made necessary to be 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 issuance 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 Beaumont. In testimony whereof the City of Beaumont has caused this bond to be issued and signed by its Mayor, countersigned and attested by its City Clerk, registered by the Director of the Department of Finance, and the corporate seal of the City of Beaumont to be affixed thereto, this, the lst day of Mayp A.D. 1928. Mayor of the City o eaumont Countersigned and Attested; Texas. 0-ity C erk y o Beaumont, Texas. (Seal) Registered: Director of the Departmen of Finance of the City of Beaumont. Texas. NO. L. FORM (F COUPON On the lst day of May, A.D. 1928, the City of Beaumont, Texas, will pay to bearer at the office of the Director of Finance; of the City of Beaumont, or at the off ice of the National City Bank of New York City, New York, at the option of the holder, the sum of Forty-five Dollars lawful money of the United States.of America, being one year's interest then due on its serial bonds of 1928, Series B. dated the is t day of May, 1928. Attest: Rlayor of the ity —o- — Beaumont, Texas. City IC erk of the ity o Beaumont, Texas. The remaining coupons of said bonds shall be in substantially the above form, but shall be for the sum of $22.50, being six months' interest on said bonds, and said coupons shall be payable every six months on the lst day of May and the lst day of November of each year after the first year. Section 4. It is further ordered that the Mayor be authoritpd, and he is hereby directed to take charge of the above described bonds, pending their investigation by the Attorney 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 public or' private sale, and the proceeds of such 'sale shall be de- posited with the Director of the Department of Finance of the City of Beaumont. The proceeds of said bonds shall be used for the pur- pose of making permanent city improvements, to wit; For the construction of a senior high school building of brick, stone, or concrete material, and the purchasing of the necessary site therefor $900,000 For the construction of a negro high school of brick; stone, or concrete"material, and the necessary additicr-s, repairs, and improvements on the buildings now in use, and the purchase of additional site therefor -- ------ $6001000- Section 5. It is further ordained that for the purpose of paying the interest on said School Bonds of 1928, Series A, as well as the various install- ments of principal as the same shall respectively mature, there is hereby levied for the year 1928 and for each successive year thereafter as long as the same may be necessary to'provide the interest and annual installments of principal on said bonds, on all property within the Beaumont Independent School District of the -City of Beaumont subject to taxation an ad valorem tax of 10.8 cents on each $100.00 valuation on all taxable property in the Beaumont Independent School District of the City of Beaumont, or so much thereof, or such other rate of tqx as shall be necessary, and the same shall be so annually assessed and collected and applied, and said tax, or sup°.much thereof, or such other tax as may be necessary, is hereby levied for each year here- after while said bonds or any of them are outstanding, arA the same shall be annually assessed and collected and applied to the purpose named. It is further ordered that for the pa rpose of paying the interest on said School Bonds of 1928, Series B, as well as the various install- ments of principal, as the same shall respectively mature, there is hereby levied for the year 1928 and for each succeeding ear they - after, as long as the same may to necessary to provide thb interest and annual installments of principal of said -bonds -on all property within the Beaumont Independent School District of the City of Beaumont subject to taxation any. ad valorem tax of 7.2 cents on each $100 valuation of all taxable property intheBeaumont Inde- pendent School District of the 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 and collected and applied and said taxes,- or so much thereof as -may be necessary, or such other tax as may be, necessary, is hereby levied for each year hereafter while said bonds or any of them are outstanding, and the same shall be annually assessed, collected, and applied. to the purpose named. All ordinances and parts of ordinances, and all resolutions and pafsts of resolutions inconsistent or in conflict with the provisions of this ordinance are hereby rescinded and repealed. - Section 6. VVIHEREAS, public free school buildings of the City of Beaumont do not have sufficient space to house the pupils of'the Beau-.ont Indpendent School District and additional -building facilities -are imperatively needed; and, whereas", said school buildings are in a bad state of repair and the schoolchildren are improperly housed and have not sufficient space available for class -rooms - ,.which creates an imperative public necessity requiring the rule that ordinances be read on three -separate days -before their passage to be suspended, and said rule is hereby suspended, -and this ordinance shall be in force and effect -from and after its passage and lawful publications Passed this, the loth day of April, A.D. 1928, by the affirma- tive vote of" all members of the City Commission of the City of Beaumont. Approved this, the loth day of April, 1928. for o t e ity o eaumont, Texas . ,fr The State of Texas, County of Jefferson Before me, the undersigned authority, on t:ois day personally appeared ...... ...... . ...... known to e, who being by me duly sworn, on his oath de poses and says that he is the........�Q. ..+'�'�'.''�'� . of the BBAUM'� BEAUMONT JOURNAL, a newspaper published in said county, that a copy of the within and foregoing was published in said newspaper., such publication being on the following dates: ... , .. A D. 192-. , and a newspaper copy of which is hereto at - ached. / Sworn to=and subscribed before me, this. . l LEGAL NOTICES , I w 73—Lids Wanted Year and •Semi -Annually for Each Year Thereafter, In the Sum of $600,000,, to Be Issued for the Purpose of Construct- ing a Negro High School of Brick, Stone, or Concrete Material, and the Necessary uorlp.,-:7:tepairs: and Bnpro,,ewents n-Buildings Now In Use, and the Pur- chase of additional Sites Therefor; Pro- viding for the Levying and Collecting of the Necessary Tax to Pay the Interest and Create a Sinking Fund for the Redemption of Said Bonds at Maturity; and Providing That Said Ordinance Shall Take Effect Prom and After Its Passage and Lawful Publication; and Declaring an Emergency. WHEREAS, on 'the.28th day of February. A. D. 1928, an ordinance was duly passed by the affirmative vote of all members of the City Commission of the City of Beau- mont whereby a school bond election was ordered to be held within and for the Beaumont Independent School District in said city on the 7th day of April, A. D. 1926; on , WHEREAS, due notice of said election was given In the ma-nner and for the ,,len,;th of time required by law; and, WHEREAS. in .said election held within and for the Beaumont Independent School District in the City of Beaumont on the 7th day of April, 1928, the voters of the B-auwont Independent School Dis- trict of the City of Beaumont qualified to vote at said election authorized the City Commission of the City of Beaumont to Issue bonds of said city payable serially from one to forty years from their date, to bear interest at the rate of 4'/.y per snnum, interest payable annually for the first year and semi-annually for each year thereafter, said bonds to be in the follow- ing amounts and the money to be derived therefrom to be used for the following purposes, to -wit; For the construction of a senior high school building of brick, stone, or concrete material and the puroh,se of the necessary site therefore 1.900.000. For the construction of a negro high school of brick, stone, or concrete LEGAL NOTICES 74—Legal Notices ... ,day of ... ......... A. D. 192 .Z 2%Q ..., ..... Notary Public, Jefferson C unty, Texas. Nos. 109 to 120 Inc. of $1000 each, pay- able May 1, 1943. Nos, 121 to 132 Inc. of $1000 each, pay- able May 1, 1944. Nos. 1`s3 to 144 Inc. of $1000 each, pay- able May 1, 1945. Nos. 145 to, 156 Inc. of $1000 each, pay- able May 1. 1946. Nos. 157 to 168 Inc. of $1000 each, pay- able May 1, 1947. Noe. 1c9 to 190 Inc. of $1000 each, pay- able May 1, 1948. Nos. 181 to 198 Inc. of $1000 each, pay- able May 1, 1949. .Nog. 199 to 216 Inc. of $1000 each, pay- able May 1, 1950. Nos. 217 to 234 Inc. of $1000 each, pay- able May 1, 1951. Nos. 235 to 252 Inc. of $1000 each, pay- able May 1, 1£52. Nos. 253 to 270 Inc. of $1000 each, pay- able May 1, 1953. Nos. 271 to 280 Inc. of $1000 each, pay- able May 1, 1954. ' Nos. 289 to 306 Inc. of $1000 each, pay- able May 1. 1055. Nos. 307 to 324 Inc. of $1000 each, pay- able May 1, 1950. No., 325 to 00 Inc. of $1000 each, pay ab1= M-y 1, 1957. Nos. 343 to 360 Inc. of $1000 each, pay- able May 11958. i Nos. 361 o 384 Inc. of $1000 each, pay- able May 1, 1959. Nos. 385 to 408 Inc. of $1000 each, pay- able May 1, 1960. Nos. 400 to 432 inc. of $1000 each, pay- able May 1, 1961. Nos, 4C3 to 456 inc. of $1000 each, pay- able May 1, 1962. Nos. 457 to 480 Inc. of $1000 each, pay- able May 1, 1963. Nos. 181 to 504 inc. of $1000 each, pay- able May 1, 1964. Nos. 505 to 526 inc. of $1000 each, pay- able May 1, 1965. os I7. 529 to 552 Inc. of $1000 each, pay- able May 1, 1966. - ' Nos. 553 to 576 inc. of $1000 each, pay- able May 1, 1967. Nos. 577 to 600 Inc. of $1000 each, pay- able May 1, 1968. 1 LEGAL NOTICES � 74—Legal Notices promises to pay to bearer One Thousand Dollars in lawful money of the .United States of America, on the 1st day of May, A. L'. 1929, with interest on said sum from date of this bond at the rate of 41/2% per annum, interest payable annually for the first year on the 1st day of May, 1929,and for each year thereafter payable semi-an- nually on the 1st day of May and on the 1st day of November of each year, in law- ful money of the United States of. Amer- ica, as evidenced by and upon presenta- tion and surrender of the annexed interest coupons as they severally become due. Both l,rincipal and interest of this bond are payable at the office of the Director of Finance of the City of Beaumont, or at the office of the National City Bank of New York City, New York, at the option of the holder hereof. This bond is a series of 600 bonds of the denomination of $1000 each, known and called, "School Bonds of 1928, Series B" of like tenor and date except as to maturity, numbered from 1 to 600 Inclu- sive, aggregating in, amount $600,000 said bonds issued by the City of Beaumont for the purpose of making permanent City Improvements, to -wit: For the construction of a negro high school of brick, stone, or concrete mate - and the necessary additions, repairs and improvements of buildings now in use, and the purchase of additional sites therefor. Said bonds issued under and by virtue of the Constitution and Laws of the State of Texas and the Charter of the City of Beaumont adopted the 30th day of De- cember, 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 issuance 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 Chater 9 of the Acts of the regular session of the 37th Legislature and all amendments thereto, and all other laws of the State of Texas pertaining to and authorizing the issuance of unlcipal bonds, pursuant to an ordi- -4.". m f thereafter,Wsaid bonds toabe initheufollow� ing amount and the money to be derived therefrom to be used for the following purposes, to -wit: For the construction of a senior high school building of brick, stone, or concrete material and the purchase of the necessary site -therefore $900.000. For the construction of a negro high school of brink, stone, or concrete -material and the necessary additions, repairs, and improvements on build- ing: now in use. and the nunliase of additional sites therefor $600.000; and, 'WHEREAS, it is deemed expedient and advisable at this time to issue bonds it the amount and for the purpose above set forth under and by virtue of the.authority conferred by said election of date April 7, 1998: p.nd. WHEREAS, the public free schools of the Beaumont Independent School District of the City of Beaumont do not have sufficient space to properly house the pupils in said dirtrict, -and the existing public school buildings are in need of immediate repairs, and the school children are improperly housed and have not suf- ficient space available for class rooms, craating an imperative public necessity re- cuiring this, ordinance to take effect imm-dip.tely as an emergenny z-e sure. ' NOW, THEREFORE, BE IT ORDAPTED ' BY THE CITY COMMISSION OF THE CITY OF BEAUMONT: SECTION 1. That the City Comm iceition of the City of Beaumont shall issue bond9 as herein- after described, for and on behalf of and upon the credit of the BeauriontIndenen- dent School. District of tile Citv of Beau- mont to borrow to the extent of $1.560.000 to be devotad to and expended for the fol- lowing purposes.- to -wit: For the construction of a senior high school building of bride, stone, or concrete material and. for the pur- chasing of necessary site therefor $900.000 For the construction of a negro high school of brick, stone, or concrete material and the necessary additions, repairs, and improvements on build- insq now in use, and the purch,ise of I additional sites therefore $600,000: i That said bonds provided for herein G shellbe and are issued under and by i virtue of the Constitution p.nd Laws of tli? State of Texas and the Charter of the City of Beaumont adonted the 30th day of December. A. D. 1919, and the power and authority granted by Sections 18 and 71 of the City Charter and all other pro- visions of said charter pertaining to the issuance of said bonds, and by Chapter 147. General Laws of the State of Texas, 'Based by the 33rd Legislature at -its regu- lar session granting pertain nowers to cities of more than 5000 inhabitants, and by Chapter 9 of the Acts of the regular session of the 37th Legislature, and all amendments to said 1?.ivs, and 0.11 other laws of the State of Texas pertaining to snri. authorizing the issuance of munic. ipal bonds. SECTION 2. That said bonds in the sum of $1,500,000 shall be divided into two series, and each series divided into forty inctallments, and said series of said bonds shall beknown and called each respectively "School Bonds of -1928, Series A," and, "School Bonds of 1928. Series B." and the Mayor of the City of Beaumont is hereby authorized and di- rected to have prepared and executed a set of bonds for each of said purposes'as follows: SCHOOL RONnS OF 1928 SERIES A "$900,000 School Bonds of 1928. Series A, to be divided into 900 bonds of the denomination of $1000 each to be number- ed from 1 to 900 inclusive, payable as follows: Nos. 1 to 9 inc. of $1000 each, payable May 1, 1929. Nos. 10 to 18 inc. of $1000 each, payable MaY 1, 1930. Nos. 19 to 27 inc. of $1000 each, payable Mav 1, 1931. Nos. 28 to 36 inc. of $1000 each, payable May 1, 1932. Nos. 37 to 45 inc. of $1000 each, payable flfay 1, 1933. Nos. 46" to 54 inc. Of $1000 each, payable May 1, 1934. Nos. 55 to 63 inc. of $1000 each, payable May 1, 1935. Nos. 64 to 72 inc. of $1000 each, payable Me.v 1, 1936. Nos. 73 to 81 inc. of $1000 each, payable May 1, 1937. Nos. 82 to 90 inc. of $1000 each, payable May 1, 1938. Nos. 91 to 108 Inc. .of $1000 each, payable May 1, 1939. Nos. 100 to 126 inc. of $1000 each, pay- able May 1, 1940. Nos. 127 to 144 inc. of $1000 each, pay- able-A$ay 1, 1041. Nos. 145 to 162 inc. of $1000 each, pay- able ,,ay 1, 1942 Nos. 1113 to 186 inc. of $1060 each, pay- able May 1, 1943. - Nc9-_'l81-to.-198-inc. of $1000 each, pay- able May 1, 1944. Nos. 190 to 216 inc, of'$1000 each, pay- able May 1, 1945. Nos. 217 to 234 inc. of $1000 each, pay- able May 1, 1946. NOS. 235 to 252 Inc. of $1000 each, pay- able May 1, 1947, Nos. 253 to 270 Inc. of $1000 each, pay- able May 1, 1948, i Nos. 271 to 297 inc. of $1000 each, pay- able May 1, 1949. Nos. 293 to 324 inc. of $1000 each, pay- able .May 1, 1950. ) Nos. 325 to 351 inc. of $1000 each, pay- ) able May 1, 1951. 1 No,,. 352 to 378 Inc. of $1000 each, pay- aiilo Me., 1 tarn of $1000 each, pay_ Nos. 457 'to 480 inc. of $1000 each, pay- able May 1, 1963. Nos. 431.to 504 inc, of $1000 each, pay- able May 1, 1964. Nos. 505 to 528 inc. of $1000 each, pay- able May 1, 1965. Hoc. 529 to 552 inc. of _$1000 each, pay- able May 1, 19GG. , Nos. 553 to 576 inc. of .$1000 each, pay- able May 1, 1967. Nos. 577 to 600 inc, of $1000 each, pay- able May 1, 1968. Said bonds to be, payable-ia':lawful money of the United States and each dated the 1st day of May, A. D. 1928, each bond to bear interest at the rate of 4i % per annum, interest payable annually for the first year on the 1st day of May 1929, and for all years thereafter payable semi-annually on the 1st day of May'nnd the 1st day of November of each year, according to the tenor of the inter- est coupons to be attached to said bonds. The, Mayor shall sign said bonds and they shall be countersigned and attested by the City Clerk and registered by the Director of the Department of Finance and the seal of the City of Beaumont shall be impressed upon each of them. The coupons..shall be executed with the lithog- raphed signatures of the Mayor and City Clerk. Said bonds and interest coupons shall be payable upon presentation and surrender at the office of the Director of the Department of Finance of the City of Beaumont, or at the office of the. National City Bank of New York City, New York, at the option of the holder. SECTION 3 The bonds and interest coupons above provided for, upon their face, shall be sub- stantially in words and figures as follows, to -wit: FIP,ST PROPOSITION NO.s1 $1,00( FORM OF BOND UNITED STATES OF AMERICA STATE OF TEXAS CITY OF BEAUMONT SCHOOL BONDS OF 1923 SERIES A KNOW ALL MEN -BY THESE PRESENTS: That the City of Beaumont, a municipal corporation, of the County of Jefferson, State of Texas, hereby acknowledges itself to owe, and for value race ived hereby promises to pay to bearer One Thousand Dollars in lawful money of the United .States of America, on the 1st day of May, A. D. 1929 with interest on said sum from date of this bond at the rate of 41/ah per annum, interest payable annually for the first yedr on the: lst day of May, 1929, and each year thereafter payable semi- an-nually on the 1st day .of May and on the 1st day of November of each year, in lawfulmoney of the United States of America, as evidenced by and upon pre- sentation and surrender of the annexed interest coupons as they severally become due. Both principal and interest of this bond are payyable at the office of the Director of Finance of the City of Beau- mont, or at the officeof the. National City Bank of New York City, New York, at the option of the holder hereof. This bond is a series of 900 bonds of the denomination of $1000 each, known.) and called, "School Bonds of 1928,_$eries•I A" of -like tenor and date excelit_;;_ _to maturity, numbered from 1 to 900 inclu- sive, aggregating in amount $900.000, said bonds issued, by the City of Beaumont for ilia purpose of making permanent city Im- provements; to -wit: For the construction of a senior high school building of brick; stone, or concrete material and the purchasing of the neces- sary site therefor. Said bonds issued under and by virtue of the 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 Sec- tions 18 and 71 of said City Charter, and all other provisions in said charter per- taiiling to the issuance of bonds, and by Chapter 147 of the General Laws of the State of Texas passed by the 33rd Legis- lature at Its regular session, granting cer- tain powers to cities of more than 5000 inhabitants, and by Chapter 9 of the Acts Of the regular session of the 37th legisla- ture and all amendments thereto, and all other laws of the State of Texas pertain- ing to slid authorizing the issuance of municipal. bonds, pursuant/ to an ordi- nance duly adopted by the City Commis- sion of the City of Beaumont on the 28th day of February, A. D. 1928 ordering an cletion on the 7th day of April, A. D. 1923, and a resolution of the City Commis- sion_ of the City of Beaumont duly passed Df the loth day of April, 1928, declaring the results of said election, and in pur- suance of an ordinance duly and regularly ?assed by the City Commission of the City )f Beaumont on the 10th day of April, 1928,- authorizing and directing the ssuance of said bonds, and of record on )ages— at seq. Vol. _ of the Ordi- lances of the City of Beaumont. The date of this bond is the 1st day of May, . 1928: and it is hereby certified, :ocited, and declared that all acts, condi- tions and things required to be done and irecedent` to and in the- issuing_ of these )ends have been properly done, have hao- )ened and been performed in regular and Ina form as required by law, and that the otal indebtedness of the City of Beau - cant and the Beaumont Independent District. t incluebtednesssco tra ted bygthe issuane'! of hese bonds, does not exceed the COn- titutional or Statutory limitations. And it is hereby recited. certified and '.eclared that the additional tax levied no made necessary to be levied in order 0 provide for the interest and principal f this issue of bonds, together with the ate of tax e-isting a the time of the asuance of thew bonds is within the granted py b'ections 18 and 71 at said City Charter, 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 by the •.33rd Legislature at its regular session; granting certain powers to cities of more than 5000 inhabitants, and by Chater 9 of the Acts of the regular session of the 37th Legislature and all amendments thereto, and all other laws of the State of Texas pertaining to and authorizing the issuance of --municipal bonds, pursuant to an ordi- -finance_ dnly� adopted by the. City Commis- sion of the; City -of --Beaumont on the 28th )day of February, A. D. 1928, ordering an election on the 7th day of April, A. 1). 1923, and a resolution of the City Com- mission of the City of Beaumont duly passed on the 10th day of April, 1928, declaring the results of said election, and in pursuance of an ordinance duly and regularly passed by the City Commission 'of the City of Beaumont on the 10t11 day of April, 1928, authorizing and directing the issuance of said bonds, and of record on pages —et sail, Vol. — of the Ordi- nances of the City of Beaumont. The date of this bond is the 1st day of May, 1928; and it is hereby certified, re- cital, and declared that all acts, condi- tions and things required to be done and precedent to and in the issuing of these bonds have been properly done, have hap- pened and been performed in regular and due forin as required by law, and that the total indebtedness of the City of Beaumont and the Beaumont Independent School District. including the total in- d0btedness contracted by the issuance of these bonds, does not exceed the Con- stitutional or Statutory limitations. And -it is hereby recited, certified and declared that the additional tax levied and 'made necessary to be levied in order to provide for the interest and principal of this issue of bends, together with the rate of tab: existing at the .time of the issuance 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 Beaumont. In testimony whereof the City of Beau- mont has caused this bond to be issued and signed by its Mayor.. countersigned and attested by its City Clerk, registered by the Director of the Department of Finance, and the corporate seal of the City of Beaumont to be affixed thereto, this, the 1st day of May, A. D. 1928. ................................... Mayor of the City of Beaumont. Countersigned and Attested: .......................... City Clerk, (Seal) Registered: Director 'of the Department of Finance of the City of Beaumont. No. 1. FORM OF COUPON $45.00 On the 1st day of May, A. D. 1929, the City of Beaumont. Texas, will pay to bear- er at the office of the Director of Finance. Of'the 'City of -Beaumont, or -at the office of the National City Bank of New York City. New York, at the option mri±3' off` the IInited States of -Ameri beinr: one year's interest then due on serial bonds of 1928, Series B, dated t 1st' day of May, 1028. Mayor of the City of Beaumont, Texas. Attest: ........ ..................... City Clerk of the City of Beaumont, Texas. The remaining coupons of said bonds h^.11 be in substa,ntislly the above form, but Shall be for the sum of $22.50. beilig six months' interest oil said bondt, and said coupons sliall be payable every six months on the 1st day of May and the 1st day of November of each year after the first year. SECTION 4. It is further ordered that the Mayor be authorized, and he is hereby directed to -take charge of the above described bonds, pending their inv^atigstion by the Attor- ney General of the State of Texas, and upon their approval and registration he. shall proceed to sell the. same at no lees than their face value and accrued inter- est. at public or private sale, and the Proceeds of such sale shall be deposited with the Director of the Department of Finance of the City of Beaumont. The proceeds of said bonds shall be used for the purpose of making permanent city improvements, to -wit: For the construction of a senior' high school building of brick, stone, or concrete material, and the purchasing of the necessary site therefor $900,000 For the construction of a negro high school of brick, stone, or concrete material, and the neecssary additions, repairs, and improvements on the h+iildings now in use, and the purchase of additional site therefor $600,000 SECTION 5. It is further ordained that for the.pur- pose m paying the interest on said School Bends of 1928, Series A. as well as the various installments of pi•IheipaI as -the- same shall respectively mature, there is hereby levied for the year 1928 and for each successive year thereafter as long as the same may be necessary to Provide the interest and annual installments of grin- cipal on said,bonds, on all property within the Beaumont Independent School District of the City of Beaumont subject to taxa- tion an ad valorem tax of 10.8, cents on each •$100.00 valuation on all taxable property in the Beaumont Independent School Or so much ithereof, or sucict of the h otherof rateof t " as shall be necessary, and the same shall he so annualiv assessed and collect may✓1,55 to B3 inc. of s.�.,.. - payable election ua, 4! eauinont B declartnG lu..•FOr the bull lid °` the pure Nos., fnc. of $1000 each, P 1928, anth, Ctyu°aq April, 192aid in Our- high scho°laterial, and 1935. thereY°T MaY 64 to 92 oY S1000 each, Payable sion of loth o{asa elution, d regnlCl Y C'ncret necessary site @ at nee id duly an the the Or e N°5• 193G. fnc. ults pljav 1, 9S tO g1 ayable sue e' oq sn ordinaur- Commission Of oq April. °Y the cobvic , tiot ne. a Ir°sl 193'1 1000 each, P b the loth day the For oY rick. peecssaty s A4aV $2 to g0 inc. of S able passed y on the die C �.neord On material+ and times °yamd thee each, P as' oeaum 14ay u1, G1 to 108 inc., of $1000 gyp °92s - authors d bonds dated of the Ordi- b,°id�nns no l' in ite there $ c oY B day of oY additiona S SECTION that f Nos. 1000 eacU, pay- oe of se4•. Vol. Baum May 1' 1099to 126 inc. of $ oath, Pay- pages et a City orit• st Nos nanoes of th°i thisibond s t-'e I certified further ordain In l 1940: °q $1000 interest on able . 1 ,� to 144 Inc. each: Pay- The date and. is all acts, °°rand It OY paying the A• Nos. ay 1, 1g162 inc. oY $10o0 May, 1928, declared that to be donethese note °in�tallmentis °f mati aliNa ltjg42. 1000 each• Pay recited, pings renutha jssuing-p{ hap- BaTious respect s 345 of $ dons a and done. have and a shall resfor P the year able lAY, 180.in°• each, Pay" -precedent been Prop- d in regular the sa PbY leVZled Veal thereaft Nos. 1631t 1Ga3• Igoo have rform and that her uccesslve Veal i ab art ]81- t 1944 -inc.. oY $ 1000 each, Pay- P nds andas r 4 P� U thaw, °q Ban eachsame may beUal installtt ned ulred able M 1G9'to 216 inc. °f S each, Pay- due I i,debtedhess$eaumont tired alai in- interest rn Seid bonds, endentn III p NoWNfaY 1'to1945. tnc of $1000 Tnont and i, includin8 theissuan Con the Beanruonoll$eauinont of abyos217 946. 1000 each, Pay" School DS tcontracte o byexceed the r May 1 to inc, of $ c ebtednes does T1 llmitations. d tion an tad valval n 6um01 able 2351 1944. 1000 eaeh, Pay these bond oT Statutory recited. certified eVied 'each ty iri the the Cit able May 'to 2q0 inc. of S ay stitutionel. hereby additional taro order School yDittrict of Not. Sill 253 each, P it tyiat. be. levted inciP sarY tO and PT e or so much thbeenecessaiy abTe may �l'tO 299 in°' neces with shall arse 1 1948. of $100 Noc. l 1949. oq $1000 each Pay andamade for the interto°than of the e tat: as annually M 29g ,to 32.4 inc. each, Pay to provide o{ the the. shalt be Poised, and said able bonds, time NOs• 1, 1950. of S10oo o{ this issue esistfng ads is within =ed-an g or such other evt able. May 1 0 351 inc. eY $ ay- issuance t of Constitutio the d necessary, is hereby bon( 325each, P rate flies= Chaster thereof, No�M 1951.R fnc. 1000 tions�o{ -`he and oY ,bile said able ay hereafter an. pto"_ 352101952. of S1000,each, Pay" lof the StateoffWaumOntibp City °q Bsued ate outstay sessed able M 399 to 405 in"'each, Pay- of the City any whereof bond to be ned annually the PurOpSe r>a Nos: tyus or countersig lied to ordered 1954. of $1000 eaeh, Pay- montt hasntCabsQats May Cleric, register o P, It is Yuatin the yies able A'1a4YGB'tog5412 3. inC 1000 NO:;- O iJgaY 1• inc. of 5 and signtte+q by its Ctihe Departm ell oft the Pose °f of i928, Selts ries albner labln abNot. 433lt,. 986 inc. oY $,Coo each, Pal and R'Diredttheor °corPU°eote B affixed28ltereto, vve'rfou<hallBonds tresPertivee 'aumongf a A. D. same levled for the y Nos. IV to 1000 each, P Financoq. B- jA y, hereby ear theref able May 1 o 513 inc. u S .each, Pay" trii5, the lst •oaf• the o{ Bea sameema9 be necess i ant 489 1000 City It and annual c Nos. 195'1. able May to 640 inc each, Pay- Mayor and Attested: c.re1 °Y said bet Ind Nos. 514 to959G inc. 04 $1000 Countetsig- in the Beau cif able May 1' each, Pay the City O c abNos. 0 le MRYIl'to9612 inc. of $1000 City Clerk. trio Of ad vtaxation a100• Volva Nos. ay' 1960• inc.of S1000 each, Pay" fSealtered: en6 of Finance on aeach in the F abler: 61 to 648 1000 ear Pay- Red ° 'tlie Depart ant. oroPe I DistnOt of of. um $ Sch olmuch thereop able A4ay 1• 19sg4 inc. of S ay_ tor of City °forebolf i4- 45.00 ors be Nos. 649, to each, P FORAi A D 1929. tlto tax as shall 685 each, P NO. 1st day Texas- rector of shag anpii°Qanc dll able• May to9g20 ine. of $1000 ill P aY' 1. oY MaY, w_ pay be No". 1963. - oq woo On the aumOnt, the Di at r.nd. as may able M'v l,to 956 ine• ay- of . Be office of aumont. or oY thereof as may ab o - 1Yl l,to 992 inc. of. �e1000 each, p pay bear Hens oft the CitT7atlo ni Ct t h °p lon levted IL ee. of each, P Naaoffice Of the York,Fot v_ftve s O hands or any pros. 967 1965. of-$1000 t city h q93 to 828 incpaysum at rt States Of the same s c able MaY 1' 19G6. 1000 each. Pay" w York the Urilin Brest• then and and abi:� NfaY 1' 864 ine. of 5 of the holder, Jul oney °f vea collected to each, Pay- jars law one veacf 1928, Series. A+ na'ned' 029 All ordinances able Mayrl, 1 61. fnc• o; $1.000 Atneron 'its serial all 1928. and all resolutf Not. g65 to a of inconsif able MaY 1. 1.966. BONDS OF 1928 dated the 1st day ' "City bons T ' •D1iaYOr O ,tTexas. pratilions oY SCHOOSERIES B 1928, Sertest$e rescinded and Bonds eY bonds °f Beaum $600,000 ScOn hool fnta 000 one, nul-aberws �gIiEREAS+ 1 to divfdedof $1000 ayable as P.ttest P a of the City °f• of the City a denominatiGpO j0 Usive, P Payable - -• city.. Cart Te as• o{ said bonds sufficient 5P from 1 to 1000 each, P Beam couPOns opal*e form' the Beaumont espectivelY G inc. OY able remaining ttiallY the 50, being and additiona .e3p i929..to 12 ine 3000 each, Pay The in substa,ii sum °f Uonds. and rativelY e of $ ayable shallsball be for the an said six Pe a Tea rydu h n 1405 719 G. _ of $100o each, P Ujx months' interest 0,11 C P sand ayable tyre AgaY j, a able day ear after P l,ou°ed ar Nos.13 to 1S inc. the 1st each 9 1&Vailable for of $1000 each, P y said coupons of a 'OTJCL+'S May 1931, months °oq November °Y imnerati LEGE�L Nos 1G t° 24 inc; of $l000 each, Payable Llle first year. plZppOSITIOn gro hiEh en rule tha Mav 1, 19 to 30 inc. n s Nos. 25 1000 each, Payable th9ECO structioii °Y ao orete m ° taearnde da of S For stone. °r repairs sup- 1, 1933. brick, bons, inan e Legal Notices MaV to 36 inC cass� there- P ,�, Nos. 31 q. 1000 each, payable school d the ne buildings new use, force endedand 74 AYay 1, 319 to 42 inc. of $ riai ro ents °Yadditional sites sage and payable a d he purchase Of $1,000 passed tl Nos. 19 5. of $1000 each, Payableti AN ORDINANthe Issuance o MNos. 43 48 ine each, P for. FORM OF OF '% RICA 1.19TS+ of tt 1 E ES b and Dichti City of Beau 4%ar/n MaY 1, 19 0• y4 inc. of $1000 each, Payable NC', t1NITED BT OF T° ithorizing of the Rate OY Nos14193 i. 1000 I F m 19M P B G TAT ON Bonds AnnualiV, May 55 to Go inc. of $ ayable C TY O BE 28. g NTS• - Serial Interest ar and Semi"Annually 11os. oY $1000 each, P SCji W ALL MEN BY T anS, 1, It f iesoill 1 28 Pro Bearin� Interest payable. 1, 1938. ve For the "Pf' t Year it - in the Sum at MaY .to 42 inc. each, P able ei Y Q Thereafter,pure Nos. 5000 aY The. the a citogof BBC u asknowledgas ose 61 Year for t the School V1 „ 1, 1939• the On Each Issued °f $ payable oration. hereby hereb 11 Senior , •13 to 84 inc. s900,000 to be OS concretd State of Teaapd for value Tel Constructing B1 Stone. Necessary ,�:y 1, 194o• GG Inc. oY $1000 each, P rorP Building °Y purchas' ,thorizing and Mays. 85 pJLateria , and Issue" OY Serial: Bondb 1, 1941- inc. of $1000 each, payable, self to owe Site There for: B ,,ring Inter'i .has. g7 to 108 _ Directing the eau all Per. Annum' Asay 1, 1942. � the Cityof Beaof 4yz`'/o the Firs Of at the Rate Annuallylost Interest Payable 1 LEGAL NOTICES' 74--Legat Notices AN ORDINANCE. Authorizing and Ducting the Issuance Serial Bonds of the City of Beaumc Bearing Interest at the Rate of 4; Per Annum, Interest Payable Annul For the First Year and Semi -Annul On Each Year Thereafter, In the Sum $900.000 to be Issued for the Purpose ,Constructing a Senior High Sell Building of Brick, Stone, or CollorMaterial, and Purchasing the Necess; Site There for; and Authorizing a Directing the Issuance of Serial: Bm of the City -of Beaumont, Bearing Int est at tho Rate of 41/. a Per, Annc Interest Payable Annually for the Fi f os09 t " 10 126'ine. of. $1000 each, pay able: May 1, 1940. Nos. 127 to 144 inc. of $1000 each, pay able-1ka_ y 1, 1041. Nos. 145 to 162 Inc. of $1000 each, pay able May 1, 1942. Nos. 163 to 180 inc. of $1060 each, pay t able May 1, 1943. Nos: •a.y 181- to able M1, 1944..-198 Inc' of $1000 each, pay Nos. 199 to 2-16 inc. of $1000 each, pay able May 1, 1945. Nos. 217 to 234 Inc. of $1000 each, pay able. May 1, 1946. Nos, 235 to 252 Inc. of $1000 each, pay able May 1, 1947. Nos. 253 to 270 Inc. of $1000 each, pay able May 1, 1948. Not. 271 to 297 Inc. Of $1000 each, pay. able, May 1, 1949. Nos. 298 to 324 inc. of $1000 each, pay. able May 1, 1950. Nos. 325 to 351 inc. of $1000 each, pay. able May 1, 1951, Nos. 352 to 378 inc, of $1000 each, pay. able May 1, 1952, Nos. 379 to 405 inc, of $1000 each, pay. able May 1, 1053. i -- Nos. 406 to 432 inc. of $1000 each, pay. -able May 1, 1954. Nos. 433 to 459 inc. of '$1000 each, pay- able May 1, 1955. Nos. 460 to 496 Inc. of $1000 each, pay. able May 1, 1956. Nos. 487 to 513 inc. of $lb00 each, pay- able May 1, 1957. Nos. 514 to 540 Inc. of $1000 each, pay- able May 1, 1953. Nos. 541 to 576 Inc. of $1000 each, pay- able May 1, 1959. Nos. 577 to 612 Inc. of $1000 each, pay, able May 1, 1960. Nos: 613 to 648 inc. of $1000 each, pay- able May 1, 1961. Nos. 649 to 684 inc. of $1000 each, pay- able. May 1, 1962. Nos, 685 to 720 inc. of $1000 each, pay- able M^.v 1, 1963. Nos. 721 to 756 inc: of $1000 each, pay- able May 1, 1964. Nos. 757 to 792 inc. of $1000 each, pay- able May 1, 1965. Nos. 793 to 828 inc. of-$1000 each, pay- able May 1, 1966. tl Nei. 329 to 864 Inc. of $1000 each, pay- able May 1, 1967. Nos. 865 to 900 Inc. of $1000 each, pay- able May 1. 1068. SCHOOL BONDS OF 1928 SERIES B $600,000 School Bonds of 1928, Series D. to be divided into 600 bonds of the denomination of $10o0 each, numbered from 1 to 600 inclusive, payable as follows ]_respectively: Nos. 1 to 6 inc. of $Y000 each, payable May 1, 1929. i Nos. 7 to 12 inc. of $1000 each, payable I May 1, 1930. J) Nos 13 to 18 inc, of $1000 each, payable May 1, 1931. Nos. 19 to 24 inc. of $1000 each, payable May 1, 1932. Nos, 25 to 30 inc. of $1000 each, payable May 1, 1933. — Nos. 31 to 36 inc. of $1000 each, payable May 1, 1934. Nos. 37 to 42 inc. of $1000 each, payable of May 1, 1935. it, Nos. 43 to 48 inc. of $1000 each, payable 9. May 1, 1936. lv Nos. 49 to 54 inc. of $1000 each, payable ly May 1, 1931. A Nos. 55 to 60 inc. of $1000 each, payable A May 1, 1938. of Nos. 61-to 72 inc. of $1000 each, payable td May 1, 1939. :S Nos. 73 to 84 Inc. of $1000 each, payable A -May 1, 1940. 1$ Nos. 85 to 96 inc. of $1000 each, payable May 1, 1941. r; Nos. 97 i � 108 Inc. of r 1000 each, payable 4 May 1, 1942. -u uy eu vr�y votnmt5alon er trle glty of Beaumont on the 10th day of April, 1928,- authorizing and directing th issuance' of said bonds, and of record or Pages— et seq. Vol. _ of the Ordi- nances of the City of Beaumont. The date of this bond is the 1st day of May, . 1928: and it is hereby certified, recited, end declared that all acts, condi- tions and things required to be done and precedent -to and in thc.issuing_ of these bonds have been properly done, have hap- pened and been performed in regular and due form as r@qulred by law, and that the total indebtedness of the City of Beau- mont and the Beaumont Independent School District, including the total in- debtedness contracted by the issuancj of these bonds, does not exceed the Con- stitutional or Statutory limitations. And It is hereby recited. certified and declared that the additional tax levied and made necessary to be levied in order to provide for the interest and principal of this issue of bonds, together with the rate of tax e-cisting a the time of the issuance 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 Beaumont. In testimony whereof the City of Beau- mont has caused this bond to be issued and signed by its Mayor. countersigned and attested by its City Clerk, registered by the Director of the Department of Finance, and the corporate seal of the City of Beaumont to be affixed thereto, this, the 1st day of May, A. D. 1928. ... ........-........ Mayor of the City of Beaumont Countersigned and Attested: .................................... City Clerk. (Seal) Registered: ......................... Director of the Department of Finance of the City of Beaumont. FORMFOOF COUPON.- NO. 1.$45.00 On the 1st day of May, A. D. 1929. the City of Beaumont, Texas, will pay to bearer at the office of the Director of Financ,! of the City of Beaumont, or at the office of the National City Bank of N9w York City. New York at the option of the holder, the sum of Forty-five Dol- lars lawful money of the United States of America, , being one year's interest- then due on its serial bolyds of 1928, Series. A, dated the 1st day of May, 1928. ............................. Mayor of the City of Attest: Beaumont, Texas. City Cleric of the City of ' Beaumont, Texas. The remaining coupons of said bonds shall be in substantially the above form, but shall be for the sum of $22.50, being six months' interest on said bonds, and said coupons shall be payable. every six months on the 1st day of May and the 1st day of November of each year after the first year. SECOND PROPOSITION For the construction of a negro high school of brick, stone, or concrete mate- rial and the necessary additions, repairs, and .improvements of buildings' now in use, and the purchase of additional sites there- for. NO. 1 FORM OF BOND $1,000 UNITED STATES OF AMERICA STATF OF TEXAS CITY OF 13EAUMONT SCHOOL BONDS OF 1028. SERIES B KNOW ALL MEN BY THESEiPRESENTS: rhat the City of Beaumont, a municipal :orporation, of the County of Jefferson, state of Texas, hereby acknowledges it- self to owe and for value received hereby concrete material, and the purchasing of the necessary site therefor $900,000 e For the construction of a negro high 1 school of brick, stone, or concrete material, and the neecssary additions, rcoairs. and improvements on the buildings now in use, and the purchase of additional site therefor $600,000 SECTION 5. It is further ordained that for the,pur- nose of paying the interest on said School Bonds of 1928, -Series A, as well as the various installments of as as -the- same shall respectively mature, there is hereby levied for the year 1928 and for ('sell successive year thereafter as long as the same may be necessary to provide the interest a.nd annual installments of prin- cipal on said, bonds, on all property within the Beaumont Independent School District of the City of Beaumont subject to taxa- tion an ad valorem tax of 10.8 cents on each -$100.00 valuation on alItaxable property in the Beaumontict. Independent or to rtlereof, or sucof the h there omuch ate of tax as shall be necessary, and the same shall be so annually assessed and collect= -ed-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 of them are outstanding, and the same shall be annually assessed and collected and ap- plied to the purpose named. - It is further ordered that for the pur- pose of paying the interest on said School Bonds of 1928, Series B, �as well as -he various installments of principal, as the same shall respectively mature. there is hereby levied for the. year 1928, and for each succeeding year thereafter, as long as thesame may be necessary to as the in- terest and annual installments of prin- cipal of said bonds on all property with- in the Beaumont Independent School Dis- trict of the City of Beaumont subject to taxation all ad valorem tax of 7.2 cents on each $100.00 valuation of all taxable property in the Beaumont Independent School District of the City of Beaumont, or so much thereof or such other rate of tax as shall be macessarv. and the sp-9 shall be so annually assessed and collected m.ncl applied and said taxes, or so much th, of a6 may he necessary, or such other tax as may be necessary, is hereby levied for each year hereafter while said bonds or any of them are outstanding, and the same shall be annually assessed, collected and applied to /the purpose named. All ordinances and parts of ordinances, and all resolutions and parts of resolu- tions inconsistent or in conflict with the provisions of this ordinance are hereby rescinded and renealed. SECTION 6. WHEREAS, public free, school buildings of the City of Beaumont do not have sufficient space to house the pupils of the Beaumont Independent School District and additional building facilities are im- peratively needed; -and, whereas, said school buildings are in a bad state of re- pair and the school children. are Improper- ly homed and have not sufficient space available for class rooms, which creates ail imperative public necessity requiring the rule that ordinances be read on three separate days before their passage to be suspended, and said rule is hereby sus- pended, and this ordinance shall be in force and effect from and after its pas- sage and lawful publication. Passed this, the loth day of April, A. D. 1923, by the affirmative vote of all mem- bers of the City Commissionof the City Of Beaumont. Approved this, the 10th day of April, 1928., J. AUSTIN BARNES. 'Mayor of the City of Beaumont, Texas.