HomeMy WebLinkAboutOrdinance 3601 ORDINANCE NO. 3601
AN ORDINANCE PROVIDING FOR THE ISSUANCE OF NEGOTIABLE COUPON
BONDS OF THE GOVERNMENT OF TIM, CITY OF FORT WORTH, TEXAS,
AMOUNTING TO THE PRINCIPAL SUM OF THREE HUNDRED AND TWENTY-
FIVE THOUSAND DOLLARS ($325,000.00), IN ADDITION TO THE SUM
OF FOUR HUNDRED AND SEVENTY-FIVE THOUSAND DOLLARS ($475,000.00)
WORTH OF SAID BONDS HERETOiORE ISSUED OUT OF AN AUTHORIZED
ISSUE OF EIGHT HUNDRED THOUSAND DOLLARS ($800,000.00) WORTH
OF SAID BONDS, AND BEING KNOWN AS SERIES 88 AND DESIGNATED
AS "INCINERATOR BONDS," TO BE ISSUED FOR THE PURPOSE OF-MAKING
PERMANENT CITY IMPROVEMENTS BY CONSTRUCTING, BUILDING Al
EQUIPPING ADDITIONAL INCINERATORS FOR .SAID CITY AND ACQUIRING
THE NECESSARY LANDS THEREFOR FOR SAID CITY, EACH OF SAID BONDS
TO BE IN THE DENOMINATION OF ONE THOUSAND DOLLARS ($1,000.00),
TO BE DATED MARCH 1, 1957, MATURING FROM ONE (1) TO, TWENTY-
FIVE (25) YEARS FROM THE DATE.THEREOF, THE FIRST NINETY-ONE
THOUSAND DOLLARS ($91,000.00) WORTH OF SAID BONDS TO BEAR IN-
TEREST AT THE RATE OF FOUR PER CENT (4%) PER A NUM, _AND THE
NEXT. TWO.HUNDRED AND THIRTY-FOUR THOUSAND DOLLARS ($234,000.00)
WORTH OF SAID BONDS TO BEAR INTEREST AT THE RATE OF THREE AND .
ONE-QUARTER PER CENT (3-1/4%) PER ANNUM, SAID INTEREST BEING
PAYABLE SEMI-ANNUALLY, THE INTEREST TO BE EXPRESSED IN COUPON
NOTES ATTACHED TO THE BONDS; DIRECTING THAT THE SAID BONDS BE
EXECUTED BY THE MAYOR AND CITY SECRETARY AND APPROVED AS TO
FORM AND LEGALITY BY THE CITY ATTORNEY; PROVIDING FOR AN ADEQUATE
TAX LEVY FOR THE PAYMENT OF. THE INTEREST ON SAID BONDS AND TO
CREATE A SINKING FUND FOR THE PAYMENT OF THE PRINCIPAL THEREOF
AS THE SAME MATURES FROM TIME TO TIME; AND PROVIDING THAT THIS
ORDINANCE SHALL BE IN FORCE AND EFFECT FROM AND AFTER THE DATE
OF ITS PASSAGE.
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WHEREAS, on the 15th day of August, A. D. 195 1,,1 pursuant to the au-
thority vested in said City by Section 19 of Chapter XXV of the Charter
of the City of Fort Worth, adopted by the qualified voters within the
limits of said City on the 11th day of December, A. D. 1924, and the lairs
and Constitution of the State of Texas, the City Council of the City of
Fort Worth,. Texas, by an ordinance of that date, directed the submission
to the qualified electors who own taxable property in the City of Fort Worth,
Texas, and who have duly rendered the same for taxation, at an election
to be held in said City on the 11th day of September, A. D. 1951, of the
right, power and authority of the City Council of the City of Fort Worth,
Texas, to issue negotiable coupon bonds of the corporate government of said
City in the principal sum of Eight Hundred Thousand Dollars ($800,000.00)
for the purpose of making permanent city improvements by constructing, build-
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ing and equipping additional incinerators for said City and acquiring the
necessary lands therefor for said City; and,
WHEREAS, in conformity with said ordinance, the Mayor of said City
did make proclamation of said election and fixed the date thereof for the
11th day of September, A. D. 1951; and,
WHEREAS, said election order and proclamation thereof were prepared
and published in the manner and for the time prescribed in said ordinance;
and,
IAS, on the 11th day of September, A. D. 1951, said election was
held in the City of port Worth, Texas, at the respective polling places
designated in the election order, at which said election the issuance of
said bonds was submitted as a proposition to the qualified electors of said
City who own taxable property in the City of Fort Worth, Texas, and who have
duly rendered the same for taxation; and,
WHEREAS, the official ballot on said occasion, in conformity with the
ordinance of the City Council hereinabove mentioned and in accordance with
the order of said election, in form and in substance reads as follows:
OFFICIALL' BALLOT
Is
Shall the City of Fort Worth, Texas, through its City
Council, issue its negotiable coupon bonds in the principal
sum of Twenty-three Million, Four Hundred and Fifty Thousand
Dollars ($23,450,000.00) for the purpose of making permanent
city improvements by constructing, improving and extending
the streets, thoroughfares and storm sewers of said City,
including in such permanent public improvements the straighten-
ing, widening, paving, grade separation, lighting and drainage
of said streets and thoroughfares, and acquiring the necessary
lands therefor, said bonds being payable serially as may be
determined by the City Council, so that the last maturing
bonds shall become payable within forty (40) years from the
date thereof, bearing interest at a rate not to exceed Your
per cent (4%) per annum from the date thereof, payable semi-
annually, and levy a sufficient tax to pay the interest on
said bonds and create a sinking Band sufficient to redeem said
bonds at the maturity thereof?
FOR the Issuance of Street Improvement Bonds.
AGAINST the Issuance of Street Improvement Bonds.
IIo
Shall the City of Fort Worth, Texas, through its City
Council, issue its negotiable_coupon bonds in the principal
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sum of One Million, Seven Hundred and Fifty Thousand Dollars
($1,750,000.00) for the purpose of making permanent city im-
provements by establishing, equipping, extending and improving
municipal airports and landing fields for airplanes, aircraft
and other aerial machines, and acquiring the necessary lands
therefor, said bonds being payable serially as may be de-
termined by .the City Council, so that the last maturing bonds
shall become payable within forty (40) years from the date
thereof, bearing interest at a rate not to exceed four per
cent (4%) per annum from the date thereof, payable semi-
annually, and levy a sufficient tax to pay the interest on
said bonds and-create a sinking fund sufficient to redeem
said bonds at the maturity thereof?
FOR the Issuance of Airport Bonds.
AGAINST the Issuance of Airport Bonds.
III.
Shall the City of Fort Worth, Texas, through its City
Council, issue its negotiable coupon bonds in the principal
sum of Eight Hundred Thousand Dollars ($800,000.00) for the
purpose of making permanent city improvements by constructing,
building and equipping additional incinerators for said City
-and acquiring the necessary lands therefor, said bonds being
payable serially as may be determined by the City Council, so
that the last maturing bonds shall become payable within forty
(40) years from the date thereof, bearing interest at a rate
not-to exceed four per cent (4%) per annum from the date
thereof, payable .semi-annually, and levy a sufficient tax to
pay the interest on said bonds and create a sinking fund suf-
ficient to redeem said bonds at the maturity thereof?
FOR the Issuance of Incinerator Bonds.
AGAINST the Issuance of Incinerator Bonds.
IV.
Shall the City of Fort Worth, Texas, through its City
Council, issue its negotiable coupon bonds in the principal
sum of Five Hundred Thousand Dollars ($500,000.00) for the
purpose of making permanent city improvements, to.wit, con-
structing, building and equipping fire stations and improv-
ing and extending the city fire alarm system, and acquiring
the necessary lands therefor, said bonds being payable serial-
ly as may be determined by the City Council, so that the last
maturing bonds shall become payable within forty (40) years
from the date thereof, bearing interest at a rate not to ex-
ceed four per cent (4%) per annum from the date thereof, pay-
able semi-annually, and levy a sufficient tax to pay the in-
terest on said bonds and create a sinking fund sufficient to
redeem said bonds at the maturity thereof?
FOR the Issuance of Fire Protection Bonds.
AGAINST the Issuance of Fire Protection Bonds.
V.
Shall the City of Fort Worth, Texas, through its City
Council, issue its negotiable coupon bonds in the principal
sum of Seven Hundred Thousand Dollars ($700,000.00) for the
Purpose of making permanent city improvements by construct-
ing, building and equipping a police station and jail build-
ing, and acquiring the necessary land therefor, said bonds
being payable serially as may be determined by the City Coun-
cil, so that the last maturing bonds shall become payable
within forty (40) years from the date thereof, bearing inter-
est at a rate not to exceed four per cent (4%) per annum from
the date thereof, payable semi-annually, and levy a sufficient
tax to pay the interest on said bonds and create a sinking
fund sufficient to redeem said bonds at the maturity thereof?
FOR the Issuance of Police Station and Jail Building
Bonds.
AGAINST the Issuance of Police Station and Jail Building
Bonds.
V1.
Shall the City of Fort Worth, Texas, through its City
Council, issue its negotiable coupon bonds in the principal
sum of Two Hundred. Thousand Dollars ($200,000.00) for the
purpose.of making permanent city improvements in-providing
a recreation center building, to wit, by constructing,�_build-
ing and equipping a children's museum for said City, and ac-
quiring the necessary land therefor, said bonds being payable
serially as may be determined,by the City Council, so that
the last maturing bonds shall become payable within forty (40)
years from the date thereof, bearing interest at a rate not
to exceed four per cent (4%) per annum from the date thereof,
payable semi-annually, and levy a sufficient tax to pay the
interest on said bonds and create a sinking fund sufficient to
redeem said bonds at the maturity thereof?
FOR the Issuance of Children's Museum Bonds.
AGAINST the Issuance of Children's Museum Bonds.
VII.
Shall the City of Fort Worth, Texas, through its City
Council, issue its negotiable coupon bonds in the principal
sum of One Million Dollars ($1,000,000.00) for the purpose
of making permanent..city improvements by purchasing, acquir-
ing and improving land and property for public parks in said
City, said bonds being payable serially as may be determined
by the City Council, so that the last maturing bonds shall
become payable within forty (40) years from the date thereof,
bearing interest at a rate not to exceed four per cent (4%)
per annum from the date thereof, payable semi-annually, and
levy a sufficient tax to pay the interest on said-bonds and
create a sinking fund sufficient to redeem said bonds at the
maturity thereof?
FOR the Issuance of Park Bonds.
AGAINST the Issuance of Park Bonds.
VIII.
Shall the City of Fort Worth, Texas, through its City
Council, issue its negotiable coupon bonds in the principal
sum of Five Hundred Thousand Dollars ($500,000.00) for the
purpose of making permanent city improvements by purchasing,
acquiring and improving the playgrounds and recreation parks
of said City, said bonds being payable serially as may be de-
termined by the City Council, so that the last maturing bonds
shall become payable within forty (40) years from the date
thereof, bearing interest at a rate not to exceed four per
cent (4%) per annum from the date thereof, payable semi-
annually, and levy a sufficient tax to pay the interest on
said bonds and create a sinking fund sufficient to redeem
said bonds at the maturity thereof?
FOR the Issuance of Playground and Recreation Park
Bonds.
AGAINST the Issuance of Playground and Recreation Park
Bond,.;
and,
WHEREAS, in the election held in said City of Fort Worth, Texas, on
the 11th day of September, A. D. 1951, on the question of the issuance
of said bonds hereinbefore mentioned, there was a majority of votes in
favor of the issuance of said bonds; and,
WHEREAS, by virtue of said election, said City Council is vested
with power and authority by and from the qualified electors who own tax-
able property in the City of Fort Worth, Texas, and who have duly rendered
the same for taxation, to issue said bonds for the purposes aforementioned
and to make same valid and binding obligations of the corporate government
of the City of Fort Worth, Texas; and,
WHEREAS, the City Council, in accordance with the power vested in
said governing body, did lawfully pass and adopt an ordinance on the 23rd
day of February, A. D. 1955, authorizing the issuance of negotiable coupon
bonds of the government of the City of Fort Worth amounting to the princi-
pal sum of Four Hundred and Seventy-five Thousand Dollars ($475,000.00); and,
WHEREAS, all of the above described bonds were issued out of an au-
thorized issue of Eight hundred Thousand Dollars ($800,000.00) worth of
said bonds, which bonds were authorized to be issued by the property tax-
paying qualified voters of said City at an election held on the 11th day
of September, A. D. 1951, and all of them being a part of and known as
Series 88, and designated as "Incinerator Bonds"; and,
WHEREAS, it is deemed wise and expedient by the City Council of the
City of Fort Worth, Texas, in the exercise of the discretion reposed in it
by law, that Three Hundred and Twenty-five Thousand Dollars ($325,000.00)
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worth of said bonds, in addition to the Four Hundred and Seventy-five Thou-
sand Dollars ($475,000.00) worth of said bonds heretofore issued and sold
out of the authorized issue of Eight Hundred Thousand Dollars ($800,000.00),
be issued in bonds at this time, said bonds to be issued being a part of
Series 88 and designated as "Incinerator Bonds"; NOW, THEREFORE,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS:
SECTION I.
That the municipal government of the City of Fort- Worth, Texas, issue
its corporate negotiable coupon bonds in the principal sum of Three Hundred
and Twenty-five Thousand Dollars ($325,000.00), this amount being in addi-
tion to the Four Hundred and Seventy-five Thousand Dollars ($475,000.00)
worth of said bonds heretofore issued by an ordinance lawfully passed and
adopted on the 23rd day of February, A. D. 1955; that the bonds above de-
scribed were issued and sold out of an authorized issue of Eight Hundred
Thousand Dollars ($800,000.00), authorized to be issued at a proper election
held on the 11th day of September, A. D. 1951, which bonds are known as
Series 88, and designated as "Inci.nerator Bonds"; that the bonds so to be
issued shall be in the denomination of One Thousand Dollars ($1,000.00)
each, dated March 1, 1957, the first Ninety-one Thousand Dollars ($91, -
000.00) worth of said bonds, maturing from 1958 to 1964, inclusive, to
bear interest at the rate of four per cent (4%) per annum, and the next
Two Hundred and Thirty-four Thousand Dollars ($234,000.00) worth of said
bonds, maturing from 1965 to 1982, inclusive, to bear interest at the
rate of three and one-quarter per cent (3-1/4%) per annum, payable semi-
annually on the first day of September and March of each year respectively,
both principal and interest of said bonds being payable at The Hanover Bank,
in the Borough of Manhattan, City and State of New York, the semi-annual
interest being evidenced by interest coupons attached thereto; that each of
said bonds shall be executed for and on behalf of the City of Fort Worth,
Texas, by the Mayor thereof, attested by the City Secretary, and approved
as to form and legality by the City Attorney, with the seal of the City
thereon duly impressed, and the interest coupons shall be executed with the
lithographed facsimile signatures of the Mayor and City Secretary of the
City of Fort Worth; that each of said bonds and coupons shall be negotiable
and payable to bearer, and said bonds shall be numbered in the way and man-
ner hereinafter set out, so that the last maturing bond shall become payable
within twenty-five (25) years from the date thereof, and -the bonds them-
selves, three hundred and twenty-five (325) in number, shall be numbered
consecutively. from four hundred and seventy-six (476) to eight hundred (800),
inclusive, and' shall mature in the amount and manner hereinafter set out;
and that said bonds shall be issued for the purpose of making permanent
city improvements by constructing, building and equipping additional incin-
erators for said City and acquiring the necessary lands therefor for said
City.
That the general form of said bonds and the coupons thereto annexed
and the interest added to said bonds shall be executed substantially in
the following form:
SECTION II.
That the said bonds so to be issued by the City of Fort Worth, Texas,
amounting to Three Hundred and D-Tenty-five Thousand Dollars ($325,000.00),
in addition to the sum of Four Hundred and Seventy-five Thousand Dollars
($475,000.00) worth of said bonds heretofore issued out of the said au-
thorized issue of Eight Hundred Thousand Dollars ($800,000.00), shall be-
issued for the purpose of making permanent city improvements by construct-
ing, building and equipping additional incinerators for said City and ac-
quiring the necessary lands therefor for said City, and shall consist of
three hundred and twenty-five (325) bonds numbered from four hundred and
seventy-six (476) to eight hundred (800), inclusive, and the first Ninety-
one Thousand Dollars ($91,000.00) worth of said bonds, maturing from 1958
to 196+,. inclusive, shall bear interest at the rate of four per cent. (4 o)
per annum, and the next Two Hundred and Thirty-four Thousand Dollars ($234,-
000.00) worth of said bonds, maturing from 1965 to 1982, inclusive, shall
bear interest at the rate of three and one-quarter per cent (3-1140 per
annum, payable semi-annually as aforesaid, all of which said three hundred
and twenty-five (325) bonds shall be known as Series 88 and shall be styled
and designated as "Incinerator Bonds"; and that all of the said bonds, com-
prising the sum total of Three Hundred and Twenty-five Thousand Dollars
($325,000.00), shall mature in numerical order in the manner and amounts
as set out in the tabulated statement herewith attached, to wit:
SECTION III.
That the said bonds are hereby authorized to be sold to the best ad-
vantage, but in no event shall same be sold for less than par, and the
accrued interest to the time of delivery and the proceeds thereof to be
placed in the treasury of the City of Fort Worth and utilized for the
special purposes for which they are created.
SECTION IV.
That for the purpose of paying the interest of said bonds, as well
as the various installments of principal, as the same shall respectively
mature, there is hereby levied for the year 1957 and for each succeeding
year thereafter so long as the same may be necessary, to provide for the
interest and annual installments of principal of said bonds, on all prop-
erty in the City of Fort Worth, Texas, liable to taxation, a straight ad
valorem tax of .42832 cents on the one hundred dollar valuation of said
property, or so much thereof as may be necessary, or in addition thereto
as may be required, and if at any time the amount of said tax shall not
be sufficient to provide for the interest and annual installments of prin-
cipal, it shall be the duty of the City- Council to so increase said rate-
that an amount shall be realized from said tax sufficient to meet the re-
quirements aforesaid for interest and annual installments of principal of
said bonds; and it is hereby promised and agreed that such increase of tax
shall be made, if required for the purposes named, as often as it may be
necessary. There shall be assessed and collected annually a sufficient
sum to pay the interest on such bonds and to create a sinking fund of at
least two percentum (2%) of the principal debt herein authorized.
SECTION V.
That it shall be the duty of the City Council of the City of Fort
Worth, Texas, and its successors, and of the government of the City of Fort
Worth, in levying taxes for general- purposes for the said City for the year
1957 and for every successive year during the life of said bonded indebted-
ness or any part thereof, to include in such levy the special tax of .42832
cents on the one hundred dollar property valuation (or so much thereof as
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may be requisite and necessary, or in addition thereto as may be required),
Provided for in the next preceding section of this ordinance, and said
special tax shall on no account whatever be displaced therefrom.
SECTION VI.
That the special tax hereinbefore provided for, when collected, shall
be placed and kept in a separate fund and shall be devoted to the payment
of the interest and the extinguishment of the principal of all and singular
the bonds hereinabove mentioned as .same mature from time to time, and shall
not be used, applied or diverted to any other purpose or object whatsoever;
and the funds derived from said tax shall be held and listed as a separate
account on the books of said City and the proceeds held and kept by the
City Treasurer of said City as a separate and distinct account and so speci-
fied as such on his books.
SECTION VII.
That as soon as convenient after said bonds shall have been prepared
and signed in the manner prescribed by the ordinance, they shall be sub-
mitted to the Attorney General of the State of Texas, together with a, cer-
tified copy of this ordinance and a statement of the total bonded indebted-
ness of the City of Fort Worth, including the bonds herein and hereby au-
thorized and the assessed value of the taxable property in said City, for
his _approval, and none of said bonds shall be negotiated, sold or trans-
ferred until the same shall have received the official sanction of the said
Attorney General as prescribed by law, and thereafter said bonds shall be
placed with the State Comptroller of Public Accounts for registration.
SECTION VIII.
That the City Treasurer of the City of Fort Worth, or other laidful
custodian of such fund, during the months of August and February of each
and every year during the life of said bonds or part thereof, and not Later
than the 25th day of each of said months, shall transmit sufficient money
out of the interest funds hereinbefore created for the payment of the
semi-annual interest accruing on said bonds to The Hanover Bank, in the
Borough of Manhattan, City and State of New York, and likewise proper re-
mi.ttasnce shall be made in due course to provide for the payment of the
principal of any of said bonds in advance of the maturity of same.
SECTI0N IX.
That this ordinance shall take effect and be in full, force and effect
from and after the date of its passage, and it is so ordained.
t
or of the Cit,* of Fort Worth, Texas
ATTEST:
C ty g6cretary of the City of
ort Worth, Texas
APPROVED AS TO FORM AND LEGALITY:
City Attorney o the City of
Fort Worth, Texas
CITY OF FORT 14ORTH
PRINCIPAL MATURITIES
$325,000.00 INCINERATOR BONDS
DATED MARCH 1, 1957
DUE MARCH 1ST PRINCIPAL MATURING
1958 $132000®00
1959 . 13,000.00
1960 13,000.00
1961 13,000.00
1962 13,000.00
1963 13,000°00
1964 11,000.00
1,065 13,000800
1966 13,000.00
1967 13,000.00
1968 132000.00
1969 13,000.00
1970 13,000.00
1971 13,000000
1972., 13,000.00
1973 13,000.00
1974 13,000.00
1975 13,000800
1976 13,000.00
1977 13,000.00
1978 13,000000
1979 13,000.00
1980 13,000.00
1981 13,000.00
1082 13,000.00
NO. UNITED ITED STATES $
OF AMERICA
STATE OF TEXAS, COUNTY OF TARRAINT
SERIES 88
C I T Y O F F 0 R T W 0 R T H
—00000--
Incinerator Bond of the City of Fort Worth issued for the purpose of
making permanent city improvements by constructing, building and
equipping additional incinerators for said City and acquir-
ing the necessary lands therefor.
KNOW ALL MEN BY THESE PRESENTS
That the government of the City of Fort Worth, a municipal corporation
duly created under the lags of the State of Texas, hereby acknowledges it-
self to owe, and for value received promises to pay to bearer,
ONE THOUSAND DOLLARS ($1,040.00)
in lawful money of the United States of America, on the first day of March,
A. D. 19 together with interest thereon at the rate of
percentum ( %) per annum, payable semi-annually on. the first day of
September and March in each year, on presentation and surrender of the an-
nexed interest coupons as they severally fall due. Both the principal and
interest of this bond are payable at the office of The Hanover Bank, in the
Borough of Manhattan., City and State of New York, and for the due and punc-
tual payment of this bond at the maturity thereof, and the interest thereon
when it falls due, the full faith, credit and resources of the City of Fort
Worth are hereby irrevocably pledged.
This bond is one of a series of three hundred and twenty-five (325)
bonds numbered consecutively from four hundred and seventy-six (476) to
eight hundred (800), inclusive, in the denomination of One Thousand Dollars
($1,000.00) each, amounting in the aggregate to the sum of Three Hundred and
Twenty five Thousand Dollars ($325,000.00), issued for the purpose of making
i
permanent city improvements by constructing, building and equipping addi-
tional incinerators for said City and acquiring the necessary lands there-
for, under and by virtue of the Constitution and laws of the State of
Texas, the Charter of the City of Fort Worth, and an ordinance lawfully
passed and adopted by the City Council of the City of Fort Worth, pursuant
to valid authority from the property taxpaying qualified voters of said
City, at a proper and legal election held on the 11th day of September,
A. De 1951.
It is hereby further expressly represented, recited and covenanted
by the government of the City of Fort Worth, to and with each and every
holder of said bonds or any one of them., that all acts, conditions and
things required by the Constitution and laws of the State of Texas, and by
the Charter and Ordinances of the City of Fort Worth, precedent to and in
the issuance of this bond, have been done, have happened and have been per-
formed in proper and lawful time, form and manager as prescribed by law, so
as to make this bond a legal, binding and valid obligation of the City of
Fort Worth, and that Wovision has been made for the levy and collection
of a direct annual tax on all taxable. property in the City of Fort Worth,
and that such tax has been levied in a sufficient amount for the payment
of the principal and interest of this bond at the respective maturity dates
thereof, and that the total indebtedness of said City, including this bond
and the issue of which it is a component part, does not exceed any consti-
tutional or statutory limitation.
IN TESTIMONY WHFMCF, the City of Fort Worth, in the State of Texas,
has executed this bond by causing it to be signed by its Mayor, attested
by the City Secretary, and approved as to form and legality by the City
Attorney, with the seal of the City thereunto duly impresseda and has
caused the annexed interest coupons to be executed with the facsimile sig-
natures of the Mayor and City Secretary, and has caused this bond to be
dated as the first day of Larch, A. Da 1957-
CITY OF FORT WORTH.. TEXAS
ATTEST:
BY
Mayor
City Secretary
(FORM OF COUPON NOTE)
The City of Fort Worth, in the State of Texas, promises to pay to
Bearer ($ ) on the 1St day of ,
19 , at The Hanover Bak, in the Borough.of Manhattan, City and State
of New York, for interest due that day on its Incinerator Bond, Series 88,
dated March 1, 1957, and numbered .
CITY OF FORT WORTH, TEXAS
ATTEST:
BY
Mayor
City Secretary
(CERTIFICATE OF COMPTROLLER)
OFFICE OF COMPTROLLER,
STATE OF TEXAS.
I do hereby certify that there is on file and of record in my office
a certificate of the Attorney General of the State of Texas to the effect
that this bond has been examined by him as required by law, and that he
finds it has been issued in conformity Stith the Constitution and laws of
the State of Texas, and that it is a valid and binding obligation upon said
City of Fort Worth, Texas, and said bond has this day been registered by me.
WITNESS my hand and seal of office, at Austin.. Teexas, this the
day of , A. D. 19 .
Comptroller of Public Accounts
of the State of Tess
(CERTIFICATE OF CITY ATTORNEY)
The within bond is hereby approved as to fora and legality.
City Attorney