~-s op Twos. ) ) IIOUHTY 08 Y8R8,.) On this the 10 day of Leoember. 1923, the Qommiesionsra' Oonrt of Kerr County, Texas, bring in regular eeaeion, at a regular term of said Court, ell members the being present, via: Hon. Zee Wallaoe. County dodge. illy Beital Commissioner Praoinot No. 1 H. G. BdsAp; Aommiaaioner Preaiaot No. 2 Hugo WledenY~ld, Commissioner Yriainot Ho. J. i. Peril Co:umiseioner Prsainot lto. 4. the following proossdinge, among other, ware had, to-wit: ~s8Si3, there are oertain eorip or warrants, Sesued for road and bridge purpasea, agei the road and bridge fund of derr County, all of lehioh were duly and legally Seaued in paymen of oleime agalnet the road and bridge fund of said oounty whioh were duly audited and allows by the Commiaaionere' Court prior to their iesuanoe, and whioh are valid, subsisting and bin ing obligations against said Herr Oaunty, Texas, ea id warrants bsing ae follows: Warrant.8o. ,~atJ,g Issued 3Q iYhom jgaued oe 1x,100 Hov.13,1923 S. J. Watt ere (b'oroman) road work ].$,101 8ov.13:1983.+ Talley Hdw. Company 13,164 Deo.10,1923 g. J. Nattars,(Foroman) 13.1bB Deo.10,1923 Wellaae Broe.l.brr•Co. 13,1b8 Deo.10,1923 D. C. 8sevea,r5'oremen) 13,160 Deo.LJ,1923 0.8.Fishar, 13,161 Deo.10,1983 H. G. 8dene, 13.16E Deo.l~,1883 J. B. darrati & Co., done on a par diem basis road material moon ,.~20g.80 $120.72 Material and road work done on a per diem basis Cement & other road materiel Road work done on a par diem bane Hoed Work done on a per diem basis Material and road xork done on a par diem basis S ar vioea rendered Total, and X336.96 X364.03 $890.4b ~ 36.00 36.Ob $lOb.00 ~1b00.00 WY$rZEi3, there are no Ennis available et this time to pay the warrants heroinbafoze lie ed, all of whioh expsnse'for road end bridge work was lnonrred under the direot supervision of the Oommle+lioness' Coget Of Kerr Comity, Tezae: on a per diem basis; and IfHB&8i9, all of the Original road end bridge warrants bore in listed are held and owned by the First State Haak of the C}ty of Kerrville, Barr County, Teaea, and has agreed with th Commissioners' Court of said County to aooept,•in lieu thereof and in full aatisfaotion of said eorip eo purohaaed and ownsd by said Bank "KSkiH'COUDITY BOaD A1TD HHIDGB FUIYDIDTG WiHHAUT3 bearing interest ^t the rate of ®iz par Dent (6j~~ per annum, maturing aerially in the years 192b, 1926 end 1824. STOP, THSRS3'OH&, B& IT 0&DPRED, iDJiJDGSD AHD D&Clc&ED HY `tHW COrLYIOgI0H8H3' CUUHT OF l~ COJIITY, TIiYiS: 1. That the r w d and bridge 9or ipherein lint ed, lggragaSing the sum of ~1,b00.00 he and t t 6$ Dame is hereby in all things validated and held and deolarad to be valid, subsisting and un- wtisiisd obligations against the road and bridge fund oY derr County, Texas, and the eats o ` ~ the County otiloera in the issuaaoe of a+id sarlp~are hereby in all things retif Ted •nd ~, oonfirmad. 11. That watr+nta of said County, to be oallad "ZBFiEi COUN'PY ROOD 4ND BRIDG& FUNDING W4RRe NTS 9SkI8S 3" be leaned, under and by virtue of the Conatitut4 Dn qnd l+we of the SS^ts of Tez+s. for the pure pea of Snndlag the aor ip her eln li eted, upon oa nce lla td on and surrender of auoh sorSp, end for Lhe further purpoa^ of funding w^rra nts or eorip legal ly Saeued for road qnd bridge m•terdgl qnd lq bor, +a herein yrovld •d, all of whloh aoriy or warrq nta are to be oanoelled qnd surrendered end the Y'unding LWrrants hereby authorised Sasued to the holders 1a 11eu there of. 111 Said Funding W^rra nta she 11 be numbered from Une (1) to Three (3) Snol usive, shall be of the denomin^tlon. of F1ve dundrad Dollars ($bJ0.J0) as ch, ^ggregating !'iftaen dundred Dollars (~1,600.JJ) lY. 'l'hsy shall be dated the 1Jth day oY Deoemb er. 19E3, and shall beoome due and payable earlally as follows: WIRH4 tPT NO5. Da1S OF J4TURITY sl one 1 Deo. loth, 392b 'b00.00 E Deo. 10th, 19 L6 $6 J0.00 3 Dso. 1)th, 1927 $600.00 Y. Said Funding Warnnta shall bear interest from date until paid at the r^t• of Siz per pent (6}) per annum, lntareat payable semi-annually on the 1JLh day oY June and the 10Th day of Deoember of eaoh year, which inter eat shall be evSdenoed by ooup ono at to ohed to a^oh of sold w^rr^nts. Y1. '1'ha prlaoipel and Suter eat oY said warrants aha 11 be payable upon presentation and surrender of wa tea nts or proper ooup one at the Chas. Sohrai ner dank, Uninoorp ors tad, in She City of Kerrville, rezaa• Y11. Said war ro nie shall be signed by the County Judge, attested and oounte ra Sgned by the County Clerk, regietared by the County Treasurer, and the se^1 of the Commiesi on era' Court eha 11 be impressed upon eaoh of said wa tra nta. Fqo simile ei gngturee of the County Judge. qnd County Clerk may be lithographed upon the interest ooupona. In registering sold ngrranta the Covn ty Treasurer shall write aor osa the Pgoe of same its reR Sstered number, the word "Rsgi star ed", Lhe date of auoh regi at ration, sad shall sign hie no me of fioiglly thereto. - Y111 r 'TRS FO$1[ Utl' 34ID W4Rii4N`TS shall be eubet^nt Tally qa follows: No. UNITED 3T4TBu CF AIiEHIC4 ST4T& UP TEY45 OOUNTY .1N` ~iid ~d CUUNiY dJay 4NL dnIDGE FUNDING WeR.s4NT SERITwi "3" ~bJO.OJ 'Td8 COUNTY Uk` q'Edu, in the dta t• oY Tezas, is ;, ua tly indebted to beq rer in the pr la sum of FIY& HUDIllBED DOLLq'HS togsther M th interest Yrom date hereof at the rata o8 aiz par-sent (6yo) per annum, payable •emi-annually on the 1Jth day of June cnd 1Jih day oY Dsoember of eaoh year; both principal and inter eat payable •t the Chas. Schreiner Bank (Ua-inoosporatedJ in the City of derrvllle, Tazee, upon preeentat.ion and surrender ofwerrant or proper coupon; and the ~.lreaaurer of said County is hereby authorised, ordered and directed to pay to bearer said sum of Five Hundred Dollars (~bOJ.00) on the 10th day of.Deoembar; 18_, the date of maturity of this warrant, at said beak, in full settlement of the indebtedness hereby evidanoed, from the moneys belonging to the Special Hoed and Bridge Warrant Fund, of said County, levied, aeaesaed~and or sated for that purpose. This warrant ie one of a aeries of three (3) warrants numbered ocnaeautively from one (1 to three (3) inclusive. of the danomination of B'ive Hundred Dollars (~b00.00) eaoh, eggregati FSYteen dundred Dollars ($1,bJJ.JO), all of whioh warrants era Ssaued for the sole puryoae of funding an equal amount of the warrants oY dart County, duly and legally issued for road and bridge purposes, against the road and bridge fund of said County, rho claims for whioh ware duly audited and alloweQ by the Candiiaaionere' Court of said County prior to their Saeuanoa, and for whioh said County has received full value and cone ideration, and hereby aoknowle~gea rsosipt of acme; and vdiioh warrants were authorized by orders duly and legally passed prior to their iss w+noe, made and entered upon the I,iinutes oY the.0ommisaioners' Court of tierr County, Tezaa. 1t tieing known end understood that Chia war rent, as wall as all others of this aeries, ie isa ued for the sole pu rpoae and intent of funding said road end bridge ind abta tines into war ra nta authorised end issued and whioh are to be paid oat of the Bpso lal Boad and Br id wrrant Fund of said County; and the holder hereof shall and will be,aubrogated to all the rights and privileges against said County had and. ~oesea6ed by the holders of said original warrants, in acoordanee with the Oaaatitution and laws of the state of faxes, and in pureuano of an order pesasd by the Commieaionere' Court of Ksrr County, Tezae on the 1Jth day of lrea. ember. 1923, whioh order ie reaordAd in Book "H° page 6B et seq. of the 4i nut ea of ea id Court 4nd it is hereby certified and recited that all sore, oonditiona end things required to ~o tie done preosdent to end in the desuanoa of this warrant, have been properly done, happened c and performed, in regular and due time, form a.nd manner, ae required by law, and that the total indsbtsdnese of acid County, Snoluding this wa;rant, does not exceed any oonatitutional or statutory limitations; and tkwt provldlon has bean mado for the levying of lases annually for Lhe payment of prim of pal and int er sat of this warrant, and all other warrants oi' this aerisa, as thoy rsepeatively mature. The data oY this warrant, in conformity with said order, is .~aoember 1Jth „ 1923. jn TFS'1'lutJHY WHEIiSOF the County Commies loners' Court of tierr County, Texas, has caused the seal of sold Court to be har~to affixed, and this warrant to be signed by the County Ju and a~teated end oounteraigned b;; the County Clerk, as of the date la at above written. County edge, a.err Oounty, Tszee. •Ltested and oountaraigned: County C er err County, Tszae. TH& F084i OY IHT88PST COUP J$ shall be aubetantially as follows; Yo. ~p1b.00 71 ON THE 13th DdY OF 19 HE CJUBTY Jk 88Bii. in the SS• e o Pez+e. will be bus;ly indebted to bearer in the sum of __ iYt een (~lb.)0)Dollars, and the County Txeeenrer o; as id County is hereby authorized, ordered nd dl rsoted to pay to bearer, on said 8ate,•t the Ch+s. Soh red^er Bank, (Undnaorp orated) ~ in the C1ty~of Kerrville, Tezaa, said am aunt; the acme being aiz moot he' inter eat on KERR OUffiY'Y R01 D'4ffiD HRIDGS F~LHRdffiT SERIES 3 ffio. Dated Deosmb er 1J, 1923, Lo whioh his ooupon la at to ohsd •nd s + part thereof. Coun y er oun y u gs. lY. dE IT c'UitTHER ORLERE- BY TdE CUUut that Ida rra nta 9Tumbera Une (1) to three (31 incl ua five, stein •uth on aed, be ezecuted and delivered to said 8dr st elate dank oY aerrvdlle. the hold- r and owner oP the original warrants herein lie tad, aggregating y1,6)0.00,, ap on sutra nd er nd oanoallgtion oY said original vrarr+nta. Y. d+ YT FURTHER ORDEitED that a Yund, De and the same is hereby made, or eo tad and net acids out of the road +nd bridge fund oY a,err County end Beef gna tad "Hpeoial Road +nd Bridge Fund- ing Warrant Fund Ser fee 3°. whioh fund, when oolleoted, shall be set ae fide to pay the inter- aS on and provide the neoeseary sinking Yuad Por th• prlnoipal oP said Funding Aarrante t maturity, and aha 11 be ua ed Por no other purpose. Y1. BE IT FURTHER URDE1i:.D that to orecte said fund to pay the interest on said Funding arra^te and provide + auiYic Lent sinking Yund to pay the pri aoipal thek~eoP ^t maturity, here shall be. and there Se hereby •ppropr feted, out of the fSSLeen oenta road and bridge as levled'~ Yor the purr ant year, one (1b.1 on every103.00 oY taxable property in acid derr ounty, to pay the oursent int er~eat and the Bt Snoipal oY said wgrra me maturing on the 1JLh ay of Deoemb ar, 192b; and there Se Dareby 11v1 ed Yor the yea r, 1923, and Por as oh auoosedin~g ear thereafter wh file said e'unding Wnr ro nte. or any ol" tnem are outstanding, out of the fifteen oents road and bridge tax oY said County, a Lax of and at the rate aP one I11 oeat Y each One dundred Dollars valuation of all taxable properyy is .Gtr County, or so much he reoP ae eha 11 be neoeeaary, and as id tax shall be •eeeeeed and co1Lo}ed Yot eaoh oY said •are. and +ppli ed to the pu rp os ea named. X1. HE IT FURTH.E1?.ORDS~Dthat Hon. lee Wa llao• County Judge of 6srr County be and he Ig here- q ~y authorized to dell vet ea id Funding Narranta numb ere 1 to $ inoluaive to the said Rizat III State Bgalati, upon eurrandar to him, Yor oanae13at1on and destruotion, the ~1,b00.00 of gi nal warrants herein listed; Comm.e one reo ao o. Comm a one reo not Do. 4.