HomeMy WebLinkAboutOrdinance 1053 At meeting of the Board of Commisaianers
of the City of Fort warth, Texas, held in the Counail Chamber at
the City $all in said City, the rogular plans of meeting of said
Board, on the day of "bruary, 1925, at ovelook,
1!.
PRESEM.
ABSEM
The following ordinanore was introduced by Commissioner
„ and upon motion duly made and seconded the
same was uasalmously adopted,
ORDINANOMM FO.,=.
AN ORDINANCE AUTH('R11I00 TH SUBSTITUTION AND
=I C Y 00 SEVEN THOUSAND DO.LLAP S ( 7.000)
CITY OF FORTS Flom. T AS. )MICIPA WIPT9 -
SERIES 44, DATU FRMUAFY 1, 1924 JVMMS
SETEN HUNDRED AND 'MINEPY S IN f ii7j T(I 7TCHT
BERD AND TWER 000, INOLUSIYZ, IN I+IEU
OF IzKS B011DS IMETOP?RF. ISSMD BY THE CITY OF
FOIT WORTH, TEXAS, WHICH HAVE BEEN MUTILATRD.
BE IT ORDAINED BY THE BOARD OF 00MBSICMMS
OF THE CITY 01? FORT NORTH, TEXAS:
THAT, JM A-"fir yvrov**At *wre�brrftre fitly and
legally had and adopted by the Board of Commise oners of the City
of Port Worth, Texas, bonds of said City to the amount of One
1(illicn, One Hundred and Thirty Thousand pollars
designated 4MI*ipal Vads - Series 44R, dater] H'ebruary 1,
19940 numbereA from I to 208. inalne'ivez/2-32, P57: 903, and
332 to 125D, 100111sive, of the d AOMiM titsa of 41.00P ermab,
banriug intereeet at the rates of fire (5) per anntum per Gams,
payable semi-nnnurall.y Vabrtxary I noel jupunt 1, nad mfituring
sertwlly in numerionl order on Iftbruaary I to oaoh of the yearn
19 to 1964, inclusive, hRye hee:a Issued, sold and delivered,
€tad
MRRAR, bonds of the nbove l tue to the avourit of
$ev at+ Thouana6 liolJ.ars (, '�,t'At?�r being bc►tndes Vos. 797 to On$t
inalucire, maturing rebmary 1, 19570 have ina"ertently been
mutlInted, whioh mutilation seriously rsffeate and U"ire the
marXetability of said bond€,, eras the hol4er of the borjds has
regnoeted that the Cl try of part Worth prepare, Iselas not do.
liver substituted bonds in lieu of the mutilated bonds above
referred to, gad it is the desire of the City of wort Worth
to comply rr t6]s Oin w1ehee of the holdor of said mutilated bo ade.
A.. IT I'LOTRPO 0RWIM llY TRR 11 !IRA Q'F COMBS10Md
Q p T*,' 0 IT 10 P TORT WORM
��E3T It!R I
That the Veagor ar, the City Secretary of Port firth,
Tozaa, be sad they are hereby Rnthorixad to hwe _,l: teR and pre—
pared deTen 'thwasaad Dollars ( 7,,00n) tatty of vort worth„ Tessin,
Muuiaipal Rcaude - Series 44,r dated February 1, 19241, aaeburing
Tebruary 1. 196% numbered. frots 797 to ��. lrualusive, denom-
1 action #190oo aaah, tsate►rep t five ( B) per oe atum pear noaux,
payable seal-an-surally February % quid Aufruet 3, with nesaessary
oaupoeis to be thereto attnoheat reprove rating intereet to necrue
upon lseid bonds h+eraAfter, shah bonds and aoupons to he prtoteat
to all re spe ct@ in the same form 5s the mutiInted boude in lieu
and is substitution of which they are to be Ivued, and such
bonds actor being properly printed and prepared. with the neoes-
eary oeupons thersto asGaahed, shall be exeautad by the PAjor
ant! City Secretary noting for and on behalf of the City of
Port Worth, Texas, anal shall hove "ashes fae-scissile S ignatu rf o
of said wyor Food City 3**retarjr affixed to the eouponas to be
atuached to said boude, which fac .-simile signatures are heieby
adapted an aid for a due and suffiaiest autheatteatiou of said
ooupous, and the corporate soal of this City of Part Worth shall
thereupon be eaf'.1s ed to said bonds,
it
That the boVidse referred to is the preeoalag para-
graph of this ordiaaanoe shall be isnued by the City of Fart
Worth, 'texas, in lieu of nad in 40stitution for Xuatotpol
Bonds - series 440 bearisag the s qme date, pumbers and mAturities
heretofore issued whitah have been asutilated, upon the sarxedler
by the holsiex of an+ah snutilnted bondn,
SimOTIOd III
That than new bonds to he prepared and exaouted
by %h+e V,.jyor ^nd. C ity Sooretary of Port Worth, Texas, shall
be submitted to the Attorney General of 1Aho Stabs of Texas
for hiss npprpval, together with a aertil'ief copy of thin
ardlesanae, And suah oubsttitutaad bonde shalltrercafter be
submitted to the gompiwoller of Publio Aconuets of the dtate
of fmxsass for regirsbrattoo, but shall not be registered by
his natil the antilated bonds hnvo been submitted to hiss
for asneAl"tan aast day �l esd.
SIMT ins IP
That the substituted bonds herela referred to,
rafter being duly oateouted by the Vayor and City "oretary
w
4
of Fort Worth, Texas, and approved by the Attorney General of
the State of Texas. and registered by the Oomptreller of public
Aacsounts of the State of Texas. shall be the aotse deeds and
obligations of the City of port Worth,upon the oanaell.ation of
the mutilated bonds by the cotttptroller of publie A000uate of
the State of Texas, aad delivery to the holders of sutah sub-
stituted bonds.
SROT xox F
All ordinamen and parts of ordinances in oonfliot
herewith be and the same are hereby repealed .
SE7f WN T1
fhat this ordinance shAll take offset and be in
full force from and after its paeeage, and it 1s w ordained.
Approved as to formi
Atforne'7 WiVeal of the State
of Texas,
AAd the motioq to adopC said ordinance having bee*
submitted by the Mmyor presiding at staid tweeting, e'il of the
Commissiotiers, including the W1 yor voted ways" thereon and none
voted "no". whersupon, the ordlannee was deolarod duly passed
and adopted by unanimous vote of the Board of Oommisuioners
of the Qity of yort Worth, Texas.
No.
a r-;
Title
Date '
Filed day o
City Secretary.