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<br /> <br /> <br />at the rate of' threeandone-half'(3..1/~l per centperannUlll, <br />pay~ble September 1,1955, and semi-annually thereafter on Maroh <br />1st, and September 1st <br />That principal of a.nd interest Onsaidws.rrants <br />payable a,tthe FIRSTNA'fIONAL BANK, SAN MARCOS, TEXAS; <br />interest shall <br />c:l.palshall be paya.bleuponpresentationandsurrender of <br />warrants. <br /> <br /> <br /> <br />Seotton 7. That said warrants shall beliigned by the Mayor, <br />countersigned by the city Secretary, and.registered bY the City <br />Treasurer, and the ,seal of the .city of San Marcos, Texas, shall <br />be1mprell8ed uponeaohdof sai4 warrants. <br />Section 8. That the f'orm of saidwarrarits shall be substan- <br />tiallyas follows: <br /> <br />t <br /> <br /> <br />NO._ <br /> <br /> <br />CITY. OF SAN MARCOSWA'rERWORKS AND SEWER IMPROVEMENT WARRANT <br />, SERIES OF. 1954 <br />THrsIS TO CERTIFY that the City of San MarCos, a municipal <br />cOrporation" in the County of' Hays, State of Texas, under a.n4 by <br />virtue of' valid andsubsistingclailllSagainst said City, :l.s <br />Justly indebted to bearer in the principal sum of <br />ONE THOUSAND ooLtARS <br />($1,000.00), in lawf'ulmoneyof the United States of Amerioa, to;.. <br />getherwith interest thereon, from date hereof', at the rate of <br />three and one-half' (:3-I/~)per cent per liMum, payable September <br />1,1955, and semi-annually thereafter on Ma1'ch 1st and September <br />1st. in each year; both principal and interest payable at the <br />,FIRST NATIONAL BANK, SAN MARCOS, TEXAS, 1nterestpayable upon <br />presentattonof warrant and principal payable upon presentation <br />and surrender ofwarr.ant; and the City Treasurer is hereby <br /> <br />I <br /> <br />L <br /> <br /> <br />j <br />