Ord 1975-038 - Laserfiche WebLink

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97-d shall be required to be manually subscribed to such bonds in I connection with his registration certificate to appear thereon as hereinafter provided, all in accordance with the provisions of Article 7l7j-l, Vernon's Civil Statutes of Texas, 1925, as amended. Section 6. That the bonds shall be substantially in the following form: NO. $5,000 UNITED STATES OF AMERICA STATE OF TEXAS COUNTY OF HAYS CITY OF SAN MARCOS, TEXAS GENERAL OBLIGATION REFUNDING BOND, SERIES 1975 KNOW ALL MEN BY THESE PRESENTS: Tha t the City of San Marcos, in the County of Hays, State of Texas, a municipal corporation duly incorporated under the laws of the State of Texas, acknowl- I edges itself indebted to and FOR VALUE RECEIVED hereby promises to pay to bearer the sum of FIVE THOUSAND DOLLARS ($5,000), in lawful money of the United States of America, on the 15th day of August, -' with interest thereon from date hereof at the rate of ___ per cent (~) per annum, payable August 15, 1976, and semiannually thereafter on February 15 and August 15 ~ in each year, as evidenced by the coupons hereto attached, until the principal sum is paid. Both principal of and interest on this Bond are payable at The First National Bank of San Marcos, San Marcos, Texas, or at the option of the holder, at the Frost National Bank, San Antonio, I Texas, without exchange or collection charges to the owner or holder hereof, upon the presentation and surrender of Bond or proper coupon, and the City of San Marcos, Texas, is hereby held and firmly bound, and its faith and credit and all real ~nd personal property in said City are hereby pledged for the prompt payment of the principal of this Bond and the interest - 4 -