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<br />law, and that the entire series of bonds of which this is one, <br /> <br /> <br />does not exceed any constitutional or statutory limitation. <br /> <br />I <br /> <br />IN ADDITION to all other rights, the holder or holders of this <br /> <br />bond, and of the series of which it is a part, is and are sub- <br />rogated to all the rights and has and have all of the remedies of <br />the holders of the original indebtedness refunded by this issue of <br /> <br />bonds. <br /> <br />IN WITNESS WHEREOF, the City of San Marcos, by its City <br /> <br />Council, has caused its corporate seal to be affixed hereto, and <br />this bond to be signed by the Mayor, and countersigned by the <br />City Secretary, and the interest coupons hereto attached to be <br /> <br />executed by the facsimile signatures of the Mayor and City Secre- <br /> <br />tary as of the 1st day of September, 1954. <br /> <br />Mayor, City of San Marcos, Texas <br /> <br />I, <br /> <br />COUNTERSIGNED: <br /> <br />City Secretary, City of San Marcos, <br />Texas <br /> <br />VII. <br /> <br />That the form of interest coupon shall be substantially as <br /> <br />follows: <br /> <br />NO. <br /> <br />ON THE 1ST DAY OF <br /> <br />,19_ <br /> <br />$ <br /> <br />The City of San Marcos, Texas, promises to pay to bearer at <br />the First National Bank, San Marcos, Texas, the sum of <br />($ ) Dollars, in lawful money of the United States of <br /> <br />America, being <br /> <br />months' interest on CITY OF SAN MARCOS <br /> <br />REFUNDING BOND, SERIES OF 1954, dated September 1, 1954, No. ___. <br /> <br />I <br /> <br />Mayor, City of San Marcos, Texas <br /> <br />City Secretary, City of San Marcos, <br />Texas <br />