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

- .MM
100000 due June LIST 1921
Saio Narrants snail consist Of Twen-
y t-Vl warrants OF 100000 each and
all shall bear interest at the rate of
TX per cent (6se) per annum from and
AFTER December L 1916. said interest,"
payable semI-annually. on the First
DAY or June and on the First day Of
december, OF each year Said interest
10 be evidenced by coupons TO he an
tacned TO said Warrants and both
principal and interest shall be Dava ole
IN la"iul money OF the L. =. A. at the
once OF the Treasurer Of said Fl PaSo
county. in Fl Paso. Texas or al the
ranking House OF the Fl Dearborn
Nauonal bank in the City Of Chicago.
Ill l. \ A, at the holders option. up
on presentation Of the Warrants OF
coupons, respectively.
Ihat for the purpose OF providing
l9nds Tor the payment Of the cost
OF installing said Elevator, together
win the attachments and appurten-
anceS, ana Tor the purpose Of PAVING
SAID W arrants and Interest accrufnl-
thereon. there is hereby levied upon
ana personal. within FL Paso COUNTY
texas. a direct tax of OH on each
SlVV-vO valuation Of said taxable
property for the year 1916. q direct
tax OF sol on each $4,000 valuation
OF said taxable property for the year
lSlt- a direct tax of sol on each
Sloo-Oo valuation OF said taxable prop
erty for the year 1915 direct tax OF
5000 on each $4,000 valuation OF said
taxable property for the year 1913. and
a direct tax Of S.009 on each 800 90
valuation Of said taxable property for
the year 1920. or so much thereof in
any respective year as may be neces-
sary. requisite and sufficient TO fully
make create. constitute. IA Use and pro-
uuce the said amounts Of money re-
Allre4 Tor the payment or the said
warrants and said interest Coupons
as they mature. should the same be l
insufficient. then the proper assessing
a. ill.,
county, Texas, shall. and II Is hereby
made their duty, annually. in due time Z
form and manner and at the same time Z
otner county taxes are assessed and
certain and declare the sum OF monev /
required to be levied. taxed and col !
lected and raised upon, OF and from I
SAID taxable property Of FL Paso COun- /
" IeXass 10 fully and completely raise 7
and constitute said Warrants. Sink /
ing Fund and interest and IL shall be 4
their duty TO eNpeditiOusly assess. levy
and collect the sum of money required !
10 be raised when so ascertained. an
nually. pro rata, according to the I
value upon of, out Of and from said 4
taxable property, in due time. form and
manner as required by law.
Page 256. The above mentioned
amount and said tax as hereby levied.
shall also be included in the annual tax
levies and appropriation bills OF the
commissioners Court and other proper /
tax assessing and tax collecting offic-
ers Of said Fl PasO County. until the
said Indebtedness created by the con- /
tract hereinbefore set forth. has been Z
fully paid off, discharged and until the /
and interest on said War
rants have been fully paid off.
III
And il shall be the duty OF the said
Court and the proper
tax assessing and tax collecting Of
Ulcers, in the year 1915, and IN each !
year thereafter until said Indebtedness
and the interest thereon are fully paid, I
n the time and in the manner pro-
rided by law for levying other county
axes. II such action shall be neces- ]
'ary 10 effectuate the provisions Of
his Resolution TO ratify and carry out
ne provisions hereof with reference
@ the levyinE and collecting OF the
axes necessary for the payment OF
aid Indebtedness and of the principal
4 and the interest upon the Warrants
nd eVidencing said Indebtedness as
ereinbefOre described. and 10 require
he proper officers Of said County to
evy. extend and collect such tax in .
he manner provided by law FOR the
urpose OF creating fund 10 be known
nd designated as the Warner Ele-
atOr Manufacturing Co. Special Court
louise and Jail Warrants" For the I
ayment OF the Indebtedness created
v the aforesaid contract and for the
aymeut OF the principal and interest
Z said warrants evidencing said in
ebtedness. AID such taxes when col
My TO the payment OF the said in .
ebtedness and the principal and in
crest OF the said Warrants evidenc-
1g said Indebtedness as hereinbefOre
pecified- provided. however. that
hould there be at any time an in
efficient amount OF money in said /
.arner Elevator Manufacturing Co.
pecial Court House and Jail Fund, / D
Of the payment OF said Indebtedness.
nd for the payment OF the principal
{ or the interest upon said Warrants T
videncing said indebtedness. OF any
Z them. when same shall become due,
len and in such event. the said War 4
ants, or the said interest thereon. q
hall be- payable out Of any other mon
vs. in the Treasury OF said County. not Z
therwise appropriated. and available {
Dr such purpose
The said Warrants shall be- signed
y the Judge OF the County Court II &
/ PasO county. Texas, counterslgued Z
8 the Clerk Of said Court and the 4
18th the seal Of said Court, and shall j
. registered by the County Treasur-
r Of said County. and the Coupons at
lched TO said Warrants shall bee the s
-iginal or fac-simile signature of said 4
ldge Of said County Court and the Z
aid Clerk and Auditor. 4
The said Warrants and Coupons shall 4
E in substantially the following 4
'rm:
(FOrm Of Warrant
nited States OF America
tate Of Texas. County OF Fl Pasu-
-arner Elevator Manufacturing Co
SDecia1 Court House and Jail