The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-11-12
srrcrAt NortCKs.

SUue Of Oruinancce OF the CIV OF Hous-
be I, ordained by the city council Of
2 the city OF Houston:
Section l. That there Is hereby adopted
as the Reyised Code of ordinances 81
ing $40 manuscript, typewriter and re.
prsu pages. consolidating y coiiiication
Of the ordinances of yte ctty IN force and
eject go, ~ me nth day Of November.
section .. That the char,or Of the city
of Houston, rexas as enacted by tie
Twsmytl I'm ls IS q me STATE nate 3, e
A. ID. 1877, ami watch IL Incorporated
WIKI ana added to tho aforesaid ordi-
s,ateSs, Is herepy enacted us a part Of
the Revised Code CT OnfnA noes OF the
city OF Houston, Texas. and shall have
all the force and effect OF other ordi-
Iances Of the city of Houston, so far as
tho provisions OF the same may be APP
ssctiSn 5. That the REVISED csie OF
ONTnMuces OF the city of HouSt0sh az
aforesaid and as reci,ed IN the two pre-
S essSy dsasre e 70 BE- q force and IN Il
cnect as q whole frptn and after this.
the. iiuh day OF November, A. y. 1897.
and all ofNfina,sces not In conformity
herewith are hereby repealed.
I. n. II. warner city secretary Of the
city OF Honston Texas, hereby GER
,ify that the aboyd and foregoing ordl-
nance was duly PASSED 10y the city ooun-
Gil at a mee,sfas held November II. 1897.
Witness my officta. signature, this the
lith day of November, a. y. 1877
b. II. WARMER.
city Secretary,
Houston. Texas. November ii. 1891 IL
AN Providing for the Dor.
rowing OF money by the city council OF
the city 81 Houston upon the credit of
said city. 10 be used IN constructing and
enlargtmg schssol buildings
j. Be u ordained by tho city council OF
tho city OF Houston;
section. !. That there shall be issued
city OF Houston bonds for and In bohalt
OF the city OF Houston To borrow money
upon the credit of the city for the pur-
pose of constructing and enlarging
school buil5asgs within The limits OF
said city, to Che amount OF fifty thon-
sand dutars, under authority OF section
forly-one up OF tho charter OF tho city
Section 9, That the mayor and finance
ccanmit,ee are hereby instructed TO have
prepared ffty bonsis OF the denomination
OF one phousInd dollars each. payable In
gold coin of the United States of Amer
ics, OF the present weight and hneness.
and 10 be numbered coisccutlveiy from
one TO NIFTY inclusive. Said lrsnhs shall
be dated the FIRST day OF December. a.
ID. 1881 and shall run forty years from
that date, and shall bear interest from
that date al tho rate of per cent por
annaiin payable Scmi-aniguaily on the
FIRST day OF June and tho first day Of
December of each year. according TO the
tenor OF interest coupons thereto All
taehed. Said bonds shah be signed by
the mayor and attsted by the city SEQ
retary ard shaa bear the impress OF the
seal OF the city OF Houston. Tho coupons
snail bear the engraved signature OF the
mayor ana OF the city secretary, ana
both bonds and coupons shall be pay
able at the office of the Union Trust
company, In tho city and state Of New
YORK,
Section z, said bonds. when 30 pre-
pared, shall be paced in the hands of
the city treasurer, subject TO the order
oil the mayor aud Trance committee. asl1
said mayor and finance committee shall.
as sioan as practicable. proceed to self
THE same at publlc or private sale and
at not less than their fsfo value aud nc.
crucd interest. the proceeds of the
bonds when they have been sold shall be
deposited with the city treasurer and
shall he used exclusively IN paying for
the construction and eniarglrg OF school
buildings wiuhhn the corporate limits OF
the city OF Haaiaton. And IL is hereby
made tho duty OF the mayor and finance
comlrittce. In the sale OF said bonds, TO
provide tlAt they shall be delivered TO
the purchaser In the city of Houston,
and that payment shah be made Dor
sad bonds IN said city OF Houston by
the said purchaser
Section 4. For the purpose of paying
the interest on SAID bonds and OF pro-
vid'ng a sinking fund sufficient to re-
deem them az maturity Uhore IL hereby
levied for the year 1897 on each one hun
dred dl)llars az property In the city OF
lHouitoD liable to taxation q special ad
valorem tax of one-ilfty-nlnth u-bW OF
ere ~ per cent, and said tax, or so
much thereof as may be necessary, Is
also hereby levied for each succeeding
year thereafter, so long tho same
may be necessary to provide for the
interest and sinking fund as aforesaid
on the entire amount of satd bonds; and
n at any time the amount of said as
sessment shall not he sufficient to pro-
vide Cor the interest and sinking fluid
as aforesaid thon II shah be the duty
of the city council TO Increase SAID as
sessment 50 that a sufficient amount
shall be realized from said Assessment to
meet the sad requirement fer interest
and f,nklng fund on said bonds. AMI u
IL hereby promised ana agreed that such
Increase OF assessment shall he made "
required for the purpose named.
Section s. This ordinance shall be In
force and take effect from and after its
passage.
!. u. n. Warner. city secretary OF the
city of Houston, Texas, hereby certify
that the above AID foregoing ordinance
was duly passed by the city council at
meeting held November 4. 1871.
Witness my official signature, this tho
18th day OF November. A. D. 1897,
IL. n. WARMER
City Secretary