Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-03-30
LEGAL ADVERTISEMENT
355, 408, 466, $50, each Of all being
for the sim of $500.

to 80, inc, 81 to 80, inc, Al, 48, Sc,
81 to "a, inc, 125, 126, 1873, to 140,
inc, 166, 167, 181 to 184,i nc, 1879
to 201, inc, pit, 2S8, 309, 80, 355,
357, 382, 409, 437, 467, 468, 499 to 500,
inc, 533, $3.50, and 551, each and
all being fort he sumo of 500.
Bonds number l to 5, inc, matur-
ing March /, 1885; bonds number 6
to Is, inc, maturing March /, 1886;
bonds number Fl to 80, inc, matur-
ing March !, 1898; bonds number
81 to SO, inc, maturing March /,
I 1899; bonds number 40 to 48, inc,
maturing March l, 1910; bonds num-
Der 40 to Sc, inc, maturing March
l, 1941; bonds number 81 to GA, inc,
maturing March /, 1912; bonds
number 65 to u, inc, maturing
March /, 1913; bonds number 70 to
"a, inc, maturing March /, 1874;
bonds number "a to lob, inc, ma
turing March l, 1916; bonds num-
Der 104 to 113, inc, maturing March
/, 1947; bonds number ia to 126,
inc, maturing March l 1913; bonds
number 127 to 140, inc, maturing
March 1, 1919; bonds number al to
152, inc, maturing March l, 1850;
bonds number 153 to 167, inc, ma
turing March /, 1851; bonds num-
Der 1853 to 1874, inc. maturing March
|, 1852; bonds number 1876 to 201,
inc, maturing March /, 1858; bonds
number 202 to 217, inc, maturing
March /, 1854; bonds number 2l8
to 233, inc, maturing March l, 1855;
bonds number 234 to $50, inc, ma
turing March l, 1856; bonds num-
Der 251 to 268, inc, maturing March
l, 1857; bonds number $50 to 288,
inc, maturing March |, 1858; bonds
number 289 to 80, inc, maturing
March l, 1859; bonds number 81 to
332, inc, maturing March l, 1860;
bonds number 333 to 357. inc, ma
turing March 1, 1861; bonds number
1853 to 382, inc, maturing March l,
1862: bonds number 1888 to 400; inc,
maturing March l, 1868; bonds
number 41O to 437, inc, maturing
March 1, 1864; bonds number 438 to
1853, inc, maturing March /, 1868;
bonds number 469 to SOP, inc, ma
turing March l, 1866; bonds num-
boring SOB to $50, inc, maturing
March 1, 1867; bonds number SGT to
ssh, inc, maturing March l, 1868.
The said order SO entered setting
forth fully and in detail the num-
Der, the date of maturity, denoml-
nation and the total amount OF
| said bonds due each year; and also
sett ne forth a copy Of said bonds
and the coupons attached thereto.
And it was further provided in said
order that said bDnGS should bear
interest from their cate at the rate
of six per GEN. per amman, payapIe
semi-anrua.ly (cXcep: that the 1lrsU
interest coupons shall be for L
months INTEREST," on the first days
of March and September OF each
year, after date. And that the prln-
cipal and interest on said bonds
should be payable on presentation
and surrender of bonds, and the
proper coupons at the Seaboard Ma
tional Bank OF New York City, N.
Y: and further that said bonds
! should be signed by the president
and atteSted by the secretary OF the
board Of directors of said district,
and the seal Of said district should
be affixed thereto; provided, how
ever. that the signatures OF said
president and secretary may De
printed or Autographed on said
coupons, and that said bonds shall
be registered by the comptroller OF
publica counts of the State OF
Texas, as required by law, and that
a record of said bonds issued should
be kept by the county clerk Of Cam
z.z-- H1y,x4, Tovnc &c rnnIIJrnH nv
law: and it was further ordered that
to pay the interest on said bonds
and to create a sinking fund Tor
the redemption of said bonds at
their maturity, there should be an
nually levied, assessed and collect
ed an advalorem tax upon all OF
the taxable property situated With
in said district, real, personal ana
mixed, sufficient to produce amounts
necessary to pay the interest and
principal on the bonds maturing
each year, the said order so entered
showing in detail the amounts nee
eSsary to be raised to pay interest
and the principal of said bonds ma
turing each year; and for the pur-
| poses mentioned said board levied
for each Of the years 1929, to 1867
both inclusive, an advalorem tax OF
100 on each 500 valuation OF all
taxable property in said district,
or SO much thereof as might be
necessary to provide the amounts
specified in said order, and provl-
sions to meet the requirements
hereof, should be in due time, man
ner and season., annually thereafter
made; and it was further provld-
ed by said order, that the proceeds
of taxes thereinbefOre levied, as set
out, should be preserved in a sep
arate fund, to be designated as an
Interest and Sinking Fund, and
that no part of the proceeds OF said
tax should be applied or used Tor
any other purpose than n pay
ment of principal and interest OF
the bonds authorized to be issued,
or until all Of the said bonds and
coupons have been paid and can
celled; and further provided that
there should be annually levied, as
sesSed and collected an advalorem
tax upon all of the taxable prop
erty situated within said district.
sufficient to pay the expenses OF
assessing and collecting said tax for
principal and interest and SAID
board levied and assessed for the
years 1929, an advalorem tax OF
five cents on each 500 valuation
of all Of the taxable property with
in said district, the same to be ap-
piled to the purposes named, as the
law directs, i. e., for the purpose
of paying the expenses of assessing
and collecting said taxes for the
payment of principal and interest or
said bonds, and being in addition
to the tax Of $1.90 per 500 valua-
ton, previously levied for that pur.
pose which said order is shown
in the transcript of the minutes o.
said board of directors, herewith