El Paso herald. (El Paso, Tex.) 1901-1931, 1916-10-28

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I said contract between the said COM
! missioners' Court and the said J F.
Morgan. that there shall be and there
is hereby authorized and ordered 10
be issued interest bearing coupon War
o. rants of Fl Paso County. Texas. to be
designated "a the - E. Morgan Spec
iaI Court House and Jail Warrants,
{ in the aggregate sum of SeFenty-Sev-
| en- Thousand. Eight Hundred and sew
enty-One Dollars (S11.S1lU0J, said War
rants shall bear date OF the LIST day
Of November, A D., 1916. and shall be
due and payable as follows:
, $15.000.00 due May 1st- 1917
100000 due May LIST. 1915
100000 due May LIST. 1913.
1900. 90 due May 1st. 1920.
11.S7f.00 due May 1st. 1921.
said Warrants shall consist Of seventy
seven t77l Warrants Of 100000 each.
and Warrant No. IS. which shall be Tor
the sum Of SS7100. due and payable as
aforesaid. and all snail bear interest
AT the rate % six per centum t0te)
per annum. from date and after NO
Vember I. 1916. said interest payable
semi-annualy on the First day OF
May and on the First day Of Novem-
Der of each year.
said interest TO be evidenced BY
Coupons 10 be attached 10 SAID " ar
rants; and both principal and interest
shall be payable in lawful money OF
the United States OF America, at the
office OF the Treasurer OF said Ii FaSo
County, in FL PasO. Texas. or at the
Banking House Of the Fort Dearbon
National Bank Of Chicago, H. L. :
\, at the holders option, upon pre-
sentation OF the Warrants or Coupons
That for the purpose OF providing
funds for the payment OF the con-
struction and erection OF said Court
House and Jail Building and for the
purpose Of paying said arrantS anu
interest accruing thereon there Is here
by levied upon all the taxable prop
erty. both real and personal, within
Of S-04 on each 10000 valuation OF
said taxa bic property for the year
1916 a direct tax or SUES on each
$4,000 valuation OF said taxable prop
Of S.O375 on each $4,000 valuation OF
said taxable property for the year
1918. a dirct tax Of S.US5 on each Slvu--
90 valuation on said taxable properly
for the year 1919. and direct tax OF
Se3g on each $4,000 valuation OF said
taxable property for the year 1920.
or so much thereof in any respective
year as may be necessary, requisite
and sufficient TO fully make. create,
constitute raise and produce the sald
amounts OF money required Tor the
payment OF the said warrants ana
said interest Coupons as they mature,
sh0uld the same be insufficient. then
the proper assessing ana collecting o.
ffcers Of Fl PasO County. Texas, snall
and il is hereby made their duty, an
nually in due time. form and manner
and at the same time other county
taxes are assessed and levied TO com
pute, estimate and ascertain and oe-
clare the sum OF money required 10 ne
levied taxed and collected and raised
upou. OF and from said taxable proper !
~ Of FL PasO County, Texas, 10 Iullt
and completely raise and constitute I
said Warrants. Sinking Fund ana inter-
est and IL shall be their duty 10 eN- I
assess and collect the sum /
Of money required 10 be raised Wnen ]
so ascertained. annually, pro rata, ac- {
cordinE TO the value upon. OF and IIoIil I
said taxable property, IN que time I
form and manner as required by law;
The above mentioned amount anu 4
said tax as hereby levied. shall also De /
included in the annual tax leFies ana !
appropriation bills Of the Commission
ers' Court and other proper tax assess
ing and tax collecting oIIicerS OF sara
e. PasO County until the said inqepted-
ness created by the contract hereln-
before set forth. has been paid OF ana
discharged and until the principal ana
Interest on said Warrants have been
fully paid Off .
And It shall be the duty OF the said
Court and the proper
tax assessing and tax collecting OF
ficers in the year 1915 and IN ea-cA
year thereafter. until said Indebtedness
and said Warrants evidencing SAID IN
lehtedness and the interest thereon
are fully paid. at the time ana IN me
manner provided hy law Ior LENS
D.. necessary. TO effectuate the proFi-
;ions Of this Resolution. 70 ratily ana
AIRY out the provisions herepL Win
-efereuce 20 the leVylng and Collect
~ of ne taxes NECESSARY for the pay
urur Of said Indebtedness and or the
principal Of and the interest upon tne
Warrants and eVidencinE said inceot-
.duess as hereinbefOre described. ana
n REQUIRE the proper officers OF said
COUNTY To levy. extend and collect sucn
AK in the manner provided by law.
or the purpose OF creating Iunu 70
BE- known and designated as the d.
; MORGAN Special Court House and jan
Warrants for the payment OF the
Indebtedness created by the aIoresalu
contract and for the payment OF the
principal and interest or SAID ~ al
ants evideucing said Indebtedness:
md such taxes when collected sllllA
,e kent for and applied only 10 the
,aymenJ OF the said Indebtedness anu
he principal and interest OF the salo
Warrants evidencing said Indebtedness
.erein before specified provided now
YER that should there De az any time
u insufficient amount OF money IN
aid - T. Morgan Special Court House
ma Jail Warrant Fund Tor the pay
1ent Of said indebtedness and tor the
aymeut of the principal OF or the IN
crest upon said Warrants evidenclnS
aid indebtedness or any OF lnsH, I
when the same shall become due theA
nd iu such event, the said w arrdnts.
r the said interest thereon shall be
ne Treasury of said County not other
rise appropriated and available Tor
The said Warrants shall be signed
r. the Judge Of the County Court OF
: Paso County. Texas. counterslgned
~ the Clerk OF said Court and the
.uditor of said County. be sealed with
h. seal Of said Court and shall be
egistered 10y the County Treasurer OF
aid County. and the Coupons attached
, said Warrants shall bear the orig
lal fac-simile signature Of said Judge
{ said County and the said Clerk ana
uditor-
The said Warrants and Coupons snall ,
q in substantially the following FORM
(FOrm of Warranty
he United states OF America.
tate OF Texas. County of III Paso-
b. Morgan Special Court House and
Jail Warrant
The County Of Fl PasO. in the state
? Texas. for Value Received. hereby
.xnOwIedges itself TO be Indebted and
r. narHH aaaHs