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04101957 Regular Meeting
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04101957 Regular Meeting
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City Clerk
City Clerk - Document
Minutes
City Clerk - Type
Regular Meeting
Date
4/10/1957
Volume Book
21
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<br />I <br /> <br />I <br /> <br />I <br /> <br />NO. <br /> <br />$1,000 <br /> <br />UNITED STATES OF AMERICA <br />STATE OF TEXAS <br />COUNTY OF HAYS <br />CITY OF SAN MARCOS FIRE STATION AND EQUIPMENT REFUNDING BOND <br />SERIES OF 1957 <br />KNOW ALL MEN BY THESE PRESENTS: That the City of San Marcos, <br />in the County of Hays, State of Texas, a municipal corporation duly <br />incorporated under the laws of the State of Texas, FOR VALUE <br />RECEIVED, hereby promises to pay to the bearer on the 1st day of <br />January, 19_, the sum of <br />ONE THOUSAND DOLLARS <br />~l,OOO.OO), in lawful money of the United States of America, with <br />interest thereon from date hereof at the rate of three and one-half <br />(3~%) per cent per annum, payable July 1, 1957, and semi-annually <br />thereafter on January 1st and July 1st in each year, as evidenced <br />by coupons hereto attached, until the principal sum is paid. <br />BOTH PRINCIPAL AND INTEREST of this bond are payable at the <br />First National Bank, San Marcos, Texas, without exchange or collec- <br />tion charges to the owner or holder hereof, upon presentation and <br />surrender of bond or proper coupon, and the City of San Marcos, <br />Texas, is hereby held and firmly bound, and its faith and credit <br />and all real and personal property in said City are hereby pledged <br />for the prompt payment of the principal of this bond and the <br />interest thereon at maturity. <br />THIS BOND is one of a series of eighty-five (85) bonds, <br />numbered consecutively from One (1) to Eighty-five (85), inclusive, <br />in the denomination of One Thousand ($1,000.00) Dollars each, <br />aggregating Eighty-five Thousand ($85,000.00) Dollars, issued for <br />the purpose of refunding, canceling and in lieu of a like par <br />amount of valid and subsisting indebtedness of said City of San <br />Marcos, under and by virtue of the Constitution and Laws of the <br />state of Texas, including Chapter 163, Acts of the 42nd Legisla- <br />ture, 1931, as amended, and in pursuance of an ordinance passed <br />by the City Council of the City of San Marcos, Texas, which <br />
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