Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-09-19

RI Their. the said bonds should b
signed BY the President and attest.
ed by the secretary of the Board Of
Directors Of said District. and the
seal Of said District should be az
fixed thereto; provided, however
that the signatures Cf said Pres
ldent and Secretary may he printed
or autographed on said coupons
and that said bonds shall be reg
iStered By the Comptroller. Of
Public Accounts OF the Sia& OF
Texas. as required by law. aAd That
a record az same should be kdpt by
the County Clerk on Cameron
County. Texas. a. required bv law.
And II was further ordered that
TO pay the interest on lid bonds
ana 10 create a sinking fund for
the redemption Of said bonds nc
their maturity. there should bc
annually levied. assessed and col
lected an advalorem tax upon ALI
Of the taxable property situated
within said district. real. personal
and mixed. sufficient TO produce
amounts necessary TO pay the in
terest and principal on the bonds
maturing each year. the said order
50 entered showing in detail the
amounts necessary To be- raised 10
NY interest and the principal or
said bonds maturing each year: and
for the purposes mentioned said
Board levied for each OF the years
1880 TO 1869. both inclusive, and ad-
val0ren tax of sixty five cents ON
each One Hundred Dollars valua-
ton Of all taxable property I'm said
district. or 81 much thereof as
might be necessary 70 provide the
amount specified III said order and
provisions to meet the requirements
thereof, should DC In due time. man
ner and season. annually thereafter
made. and III was further provided
by said order. that the proceeds or
taxes thereinbefore levied. as set out,
should be preserved in a separate
fund, TO be designated as an Inter
est and Sinking Fund, and that no
part OF the proceeds OF said tax
should be applied or used for any
other purpose than the payment or
principal and interest Of the Bonds
authorized TO be issued. or UNTIL all
Of the said bonds and couponskkave
been paid and cancelled; and fur
Their provided that there should be-
annually levied. assessed and collect
ed an advalorem tax upon all or
the taxable property situated with
in 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 year 1880, an advalorem tax
Of five cents on each one hundred
dollar valuation OF all OF the tax
able property within said district,
the same to be applied TO the pur-
poses named, as the law directs, lie,
Tor the purpose of paying the ex-
penses OF assessing and collecting
said taxe- for the payment OF prin-
cipal and interest on said bonds,
and being In addition I'D said tax
0f sixty-iive cents per One Hun
dred Dollars valuation, previously
levied Tor that ,Irpose; which Safd
order Is shown IN the transcript nj
the Minutes OF said Board OF Wi-
r~ect0Is, herewith filed and here re-
lerred to and made part hereof.
Your petitioner alleges that all or
the acts, conditions and things
requisite and necessary to be done
IN the creation Of your petitioner
a Water Improvement District, and
III connection with the issuance or
said bonds and levy of taxes in pay
mant therefor. and the levy or an
additional tax to defray the ex-
penses OF collecting the taxes levied
for the payment Of interest and
principal OF said bonds have been
done happened and performed I'm
regular and due form. and In the
manner required bv the Constitu-
ton and Laws or the State or
Texas; and that the total amount
OF sad series Of bonds. together with
all other Indebtedness OF said dis
trict. and the taxes levied. do not
exceed the Constitutional and sta
tut0ry limitation.
That each and all of the proceed
ings. judgments. orders. records and
other matters and things hs-Eln-
before referred 70 are duly shdwn
and set forth IN the transcript on
Tile In this cause. 20 which refer
ence Is here made for greater GER
tainty LII all particulars.
Your petitioner represents that
the statutes and laws hereinbefore
referred 10. authorizing the creation
and establishing of water improve
ment districts. the MANAGEMENT
and control thereof. and the issu-
ance OF borLs therefor. provide
that before such bends are Offered
Tor sale. such -g-cr Improvement
district shall brine an action In a
district court IN - judicial district
in which said Water Improvement
District may be situated. or In n
district court or Travis County.
Texas. 70 determine the validity on
such bonds; and that such action
shall be IN the nature or a proceed
ing IN rem, and that Jurisdiction
Of al parties interested may be had
by publication of a notice thereof
cnce each week for AZ least two
consecutive weeks I'm some paper az
general circulation published an
the county IN which said district
Is situated; and notice shall also
be served upon the attorney gen.
eral Of the state of Texas, of the
pendency OF said action in the
same manner as civil suits.
Your petitioner brings this ar-
ton under and tn accordance with
the provisions or said law for the
purpose OF determining the validity
Of said bonds.
therefore,, your petitioner prays
that this petition be filed. and
that notice thereof be riven ~ TIE
attorney general or the state w
Texas. as provided by law. and
mat further notice be given by
publication. az nrovidad ~ ia-,.