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

e. 900 30 due June LIST. 1921 said war
rants shall consist of Sixteen tl6) war
rants Of 100000 each, due and payanle
as aforesaid, and all shall pear inter-
est at the rate Of six per cent tbfc)
per annum from and after December
Ist 1916. said interest payable semi
annually. on the ist day or j. une' alls
on the LIST day OF December. OF eacn
year, said interest to be evidenced Dy
coupons to be attached TO SAID " ar
rants: and both principal and interest,"
shall be payable in lawful money OF the
United States at the office OF the
Treasurer. Of said FL Paso County IN
II PasO. Texas. or at the BANKING
House Of the Fort Dearborn NatlonaI
Bank in the city OF Chicago. Ill, u
: A at the holders option. upon pre-
sentatiOn of the Warrants or Coupons
respectively.
That for the purpose Of providing,
funds for the payment OF the cost OF
the drawing Of plans Tor ana super
Intending of construction OF said Court
House and Jail Building. and for the
purpose of paying said warrants anu
interest accruing thereon, mere -
hereby levied upon all the taxable
property, both real and personal WITHIN
FL PasO County. Texas. direct tax or
sOOS on each $4,000 valuation OF sara
taxable property for the year 1910; a
direct tax OF S.0OS on each SlVOVO
valuation Of said taxable property Tor
the year 1917; a direct tax OF S-OVt9 on
each 500. 90 valuation Of SAID taNaple
tax of S.0O7 on each $4,000 valuation
of said taxable property for the year
1919 and a direct tax OF S-vYs on etCA
800 90 valuation of said taxable prop
erty for the year 1920, or so much
thereof in any respective year rs may
be necessary. requisite and suIIlclehl
to fully make. create, constitute. raise
and produce the said amounts OF money
required for the payments OF the sara
warrants and said interest coupons ana
they mature: should the same De IN
sufficient. then the proper assessing
and collecting officers Of Fl Paso
So11-f~ Teas. shall. and it is hereby
made their duty. annually. IN due time
form and manner. and al the same
time other County Taxes are assessor
and levied 10 compute. estimate ana
egcar-af7 and declared the sum OF
money required to be levied. taxed ana
collected and raised upon, OF, ana ron
said taxable properly OF n EaSO
County. Texas. TO fully and completely
$50 aud constitute said Warrants.
sinking fund and interest. and II snail
be their duty to eXpedluouSly assess
levy. and collect the sum OF money 20
be raised when so ascertained. annual
II nro rata according TO the value,
rpon Of out OF. and from said JsNaole
property. in due time, FORM ana man
ner as required by law.
The above mentioned amount anu
said tax as hereby levied shall also
be included in the annual tax leNles
and appropriation bills OF me I'm
rnissioner's Court and other proper la1
assessing and tax collecting oILlcers OF
said Fl Paso County. until the said N
debtedness created by the CONTRACT
herein before set forth has been PAID
off and discharged. and until the prln-
cipal and interest on said Warrants
have been fully paid off
III
And It shall be the duty Of the said
Commissioners Court. and the proper
tax assessing and tax collecting OH
GERS. in the year 1916 and IN eacn y ear
thereafter until said Indebtedness ana
said Warrants. evidencIng said lndeDl-
edness and the interest thereon are
fully paid, al the time and IN the man
ner provided by law for levying other
County taxes, II such action Slall De
necessary 10 effectuate the provisions
Of the Resolution. TO ratify and carry
out the provisions hereof with REFER
ence 10 the levyiug and collecting OF
the taxes necessary. for the payment
OF said Indebtedness. and OF the prln-
cipaI OF and the interest upon the
Warrants, and eVidencing said lndeot-
edness as herein before described- ana
TO require the proper officers OF said
County 10 levy. extend and collect such
tax in manner provided by law, for the
purpose Of creating a fund TO be known
and designated as the frost q 1IosI
Special Court House and jail W ar
rants" for the payment Of the lndeot-
edness created by the aforesaid Con
tract. and for the payment OF the prln-
evidencing said indebtedness and
such taxes when collected. shall be
kept for and applied only 10 the pay
msnt OF the said Indebtedness and the
principal and interest OF the said War
rants evidencing said Indebtedness as
hereinbefore specified. provided, how
ever. that should there be At any time
an insufficient amount OF money IN
said frost & frost Special Court
House and Jail Warrant Fund" for the
payment Of said Indebtedness, and for
the payment OF the principal Of or the
interest upon said Warrants evidencing
said indebtedness, or any OF them when
the same shall become due. then and in
such event. the said Warrants. or the
said interest thereon. shall be payable
out OF any other moneys in the Treas
ury OF said County, not otherwise ap-
propriated, and available for such pur-
pose
The said Warrants shall be signed
by the Judge of the County Court OF
Il PasO County. Texas. cOuntersigned
by the Clerk OF said Court. and shall
be registered by the County Treasurer
Of said County. and the coupons at
tached to said Warrants shall bear
the original or fac smile signature OF
; said Judge of said County Court. and
the said Clerk and Auditor
"
The said Warrants and Coupons shall
! be in substantially the following form:
(Form OF Warranty
I United States Of America
State OF Texas Co OF FL PasO
frost * frost Special Court House
and Jail Warrants
! No.- 100000
The County Of e. Paso. in the state
{ OF Texas, for value received. hereby
[ acknowledge itself to be indebted and
directs and authorizes its Treasurer TO
pay 10 frost * frost. or the bearer
Z hereof. the sum OF one Thousand Dol
I lars (S1,0OO0O). in lawful money Of the
/ United States OF America, on the 1st
I day Of June. A ID. -. with inter
est thereon from date until payment at
] the rate Of SIX per centum per annum,
3 payable semi-annually on the 1st day
2 Of Juns. and the LIST day OF Deem Der
( in each year; both principal and inter
/ est being payable at the office Of the
| County Treasurer OF El Paso County.
I in FL Paso- Texas. or al the Banking
/ House Of the Fort Dearborn National
I Bank. in the City Of Chicago. III. T. :
} A.. at the option of the holder
/ This Warrant is issued IN accord
/ ance with the terms OF a contract here
/ tofore authorized and entered into by
I the Commissioners Court OF said FL
! Paso County for the purpose Of
I evidencing the Indebtedness created by
I said Contract and for the purpose OF
/ paying for the drawing Of the plans
/ for and superintendent OF the cOnstruc-
! ton OF the Court House and Jail Build
. ing now being constructed al Fl Paso.
/ within and for said County. and under
an G.H