5~~ THE STATE OF TESA9, ~ '
COUNTY OF %ERR. 0 On this, the 12th day of January, A. D_ 1931, the Commie si onera~
Court of Kerr County, Teaas, being in regular session, at a regular term of said Court, all
members thereof being present, namely:
Chas. Real, Count? Judge,
F. A. Barger, Commie ai oast Preoinot No. 1,
~ ~ ~; Virgil StormP, .Oommis aio net Preal act No. 2,
Wm. Barger, Commis ai oast Precinct No. 3,
'~. J. Moore, Cammlasio net Preoinot No. 4,
dno. A. Leav ell, County Clerk,
a
the following proceedings, among others, were had, to-wit:
WHEREAS, the Commisaioner a~ Court of Kerr County, Tezaa, has determined that it would be
to the advantage of the County generally, to improve oar tain roads in said County; and
WHEREAS, thore are ao funds available at this time to pay the ezp eases of the proposed
improvement of said roads, and it will be neoeasary to issue warrants against the Aoad a,
Bridge Fund to evideaoe the Sadebtedneee incurred for said purpose{ and
WHEREAS, Van H. Howard Compeay has agreed to pmt chase end take up from the holders thereof
all sorip or warrants to be legally issued for the put posse herei aabove stated against the
" Road and Bridge Fund of Kerr County to the aslant of Forty Thovsaffi Dollars ($40,000.00);
and has Pur Cher agreed to accept in lieu thereof sad is full aebi sfeati oa thereof "%ERR i,
COUNTY ROAD AND BRIDGE REFUNDING WARRANTS OF 1931", bearing int areal at the rate of siz per II
oentum (8$) par annum;
NOW, THEREFORE, BE IT ORDERED, ADJUDGED AND DECREED BY 'HiE COMMISSIONERS' COURT OF
KERB COUNTY, TEAS:
Z. That road improveme nta to the Ozteat sad value of $40,000.00 shall be constructed in
and for Kerr County, Tezas, under the direst su pe rvieion of the Cammlasi oners~ Court of said
County, and demand sorip or warrants shall be issued to evidence the indebtedness iaourred
for labor, material and road machinery ae oessary Sn the oonstruo tlon of Bald road improve-
ments, upon present slice of claims covering mat erisl Put niahad or labor performed, or
machinery purchased, after said claims have been duly audited sad allowed by the Commiasioner~
Court.
II. That warrants of said County, to be osl led `SERB COIINTY ROAD AbID BRIDGE REFUNDING
WARRANTS OF 1931", be issued under and by virtue oY the Constitution and laws of the State of
Tezaa, for the purpose of refunding said sorip or warrants legally issued against, and
payable out of the Road and Bridge Fund of said County, all of which sorip or warrants are to
be cancel led and surrendered, and the Rafundi ng Warrants hereby authorized, issued to the
	` holders in lieu thereof,			
	Said RePUndi ng Warrants shall be	numbered from one	(1) to	forty (40) inoluaive, sffi11 be
	of the denomination of One Thousand	Dollars ($1000.00)	each,	aggregating Forty Thousand
	Dolltre ($40,000.00).			
	III. Said Warrants shall be dated the 15th day of	Jamlary, 1931, sad shall beo pie c3ie
•	and payable serially ea follows:			
	WARRANT bUMBERS	DATES OF MATURITY	AMOIINf
	1 to 4, iaolusive	Tenuery 15th,	1932	4000,00
	5 to 8, laolual ve	Jamary 16th,	1933	0.00
	9 to 12, inoluaive	January 15th,	1934	4000.00
	13 to 18, iaolusive	January lbth,	1938	1A00.00
	17 to 20, inaluaive	Jamiary 15th,	1936	4000.00
	21 to 24, inoluaive	January 15th,	1937	000.00
	25 to 28, iaolusive	7anuary 15th,	1938	4000.00
	9a •n R9 inn l..aien	Tnm.nw 1R4T	YOlca	flfle.M
33 to 86, inclusive Jamiary 15th, 1940 $4000,00 S/i
S9 to 46, inclusive Jamiary 15th, 1941 $4000,00 ~
IV. Said Refunding Warrants shall bear interest from date until paid at the rata of siz
per oentum (8~) per annum, interest payable July 15th, 1931, end semi:ennually thereafter on
the 15th day of January and 15th day of July of eaoh year, which Snterest shall be evidenced
by coupons attached to eaoh of said warrants. Past due interest shall beer interest at the ~
rate of siz per aentum (6~) par amium.
®. That principal and interest of said warrants shall be payable in lawful money of the
IInited States of Amerioe, upon presentation and surrender of war rents or proper coupons at
the Chas. Sohreiner Bank, Kerrville, Teaaa.
VI. That said warrants shall be signed by the County Judge, attested anal oountersigned by
the County Clerk, registered by the County Treasurer, and the seal of the Commissioners` Cour
shall be impressed upon eaoh oP said warrant a. Faa-simile signatures of the County Judge a~
County Clerk may ba lithographed upon the interest ooupona. In registering said warrants,
the County Treasurer shall write eoross their feat the registered number, the word "Registers ^,
the date oP suoh registration, and aha 1l sign his name officially thereto.
VII. That the form of said warrants shall be substantially as Poll owe:
Mo.
TAE STATE OF TEYAF
COIINTY OF KCRR
gERR COIINTY AD AD AND BRIDGE REFtTNDING WARRANT OF 1931
.
$1000.00
TAE COUNTY OF KERR, in the State of Tease, is ~uetly indebted to Bearer in the principal
sum of ONE THOUSAND DOLLARS together with interest thereon from date hereof at
the rate of siz per oentum (B;B) per annum, payable July 15th, 1931, and semi-annually there-
after on the 15th day of January and 15th day of July of eaoh ya ar; both principal and
interest payable in lawful money of the United States oP Amerioa upon presentation and surreal
of warrant or proper ooupon at the Chas. Schreiner Bank, Kerrville, Tezse; and the Treasurer
of said County is hereby authorized, ordered and directed to pay to bearer said sum of One
Thousand Dollars ($1000.00), on the 15th day of January, 19_-, the date of maturity of this
warrant, at the said beak, Sn full settlement of the indebtedness hereby evidenoed from the
moneys belonging to the special "Road std Bridge Refunding warrants of 1931 Fund^, of affi d
County, levied, assessed and oreated for that purpose.
This warrant is one of a series of Forty warrants, numbered oonaeoutively from one (1) to,
Forty (40), lnclusiva, of the denomination of One Thousand Dollars ($1000.00) eaoh, aggregat-
ing Forty Thousand Dollars ($40,000.00); ell of whioh warrants are issued for the purpose of
refunding an equal amount of sorip or warrants duly and legally issued against the Road and
Bridge Fund of Karr County, the claims f~a which were duly audited and allowed by the
r
Commissioners` Court of said County prior to their isauanoe, and in pwrsueaoe of orders duly
and legally pflesed by the Commissioners' Court of said County, made and entered upon the
Minutes of said Court, for all of which warrants said oounty renewed full value and aoasider
tion, and hereby acknowledges reoeipt of same; it being known and nn deratood that this Refund
ing Warrant, ea well ae all others of this aerie e, Sa issued for the sole purpose sad intent
of refunding said outstanding indebtedness, and the holder hereof shall and will be subrogate
to all, the rights and privileges against said County had and possessed by the holders of said
origigal indebtedness, in acoordanoe with the Constitution and laws of the State of Tezas, an
in pursuenoe of ea order passed by the Co~issionm~s' Court of Karr County, Tezse, on the 12t
of,Jrauery, 1931, which is reo~aded in the Minutes of said
S/ J
The date of this warrant, in oonYo rmi ty with said order, is January 15th, 1931; and it
is hereby oertifl ed and raoitad that all eats, conditions and things required to be done
pre/event to sad in the issuance of this warrant, have been properly done, have happened
sad been performed, in regular and due time, form and manner, ae required by law, and that
the total indebtedness of said County, inoluding this wgrraat, dose not. ezoeed any Conati-
tutl oLal or statutory limitation.
IT IS HEREBY E%PRESSLY AGREED that peat due interest hereon shall bear interest at the
rate of aiz per oentum (6~) per annum; and 1n the event thin warrant, or say interest coupon
hereto attaohe d, is not paid at maturity thereof, sad same ie planed in the hands of an
Attorney for colleo ti oa, or salt is Piled on name, or if collected by legal prop eedinga of
any kind, the County of %err will pay ten per aeatum (10~) gdditi onal on the amount of
principal and interest then due, ae attorney's fees.
IN TESTIMONY WHEREOF, the County Commisaionere' Court of %err County, Tezea, has oaused
the seal of said Court to be hereto afflze d, and thin warrant to be nigaed by the County
Judge, and attested sad oountersiga ed by the County Clerk, as of the data leaf ab ova wrlttan.
oua y ge, erz nun y, ezea.
Attested and Count ersign ed:
Court y er , err nun y, ezsa.
IIIII. That the form of interest aovpon attached to said w~rrenta, affi11 be aubataatially
0
as Sollowe:
Bo.
ON THE 16TH DAY OF
$30.00
19_,
THE COUNTY OF SERRR, is the State of Tezas, will be Justly iadeDtad to Bearer is the sum
of Thirty Dollars ($30.00); and the County Treasurer is hereby authorized, ordered and
dir anted to pay to bearer on said date, out oY and from the ap eoiel "Road and Bridge Refund-
ing Warrants of 1931 Fund^, of said County, at the Chao. Schreiner Bank, %arrvill e, Tszae,
said sum, the same being aiz montha~ int erast on %err County Road and Bridge Refunding
Warrant of 1931, No. _, dated January 15th, 1931, to which this coupon is attached and
is a part thereof.
onn y er ,
oua y e
I%. IT IS FURTHER ORDERED tffit said -arrea to shall be lsaued is inatallmeate, evi denoi ng
en equal amount of aerip or. warremta issued for ezpenaes legally inour red against the Road
and Bridge Fund of Eerr County, as herein provided; it being known and uaderato od that said
Refueling Warrants shall be Ss sued only in lieu of said valid alaima, upon surrender sad
aanoellation of the scrip or rarra~e issued to evidenoe auoh oleima, upon other and further
orders of this Court.
%. IT IS FURTHER ORDERED that in the event it ~ahall not be neoesasry to issue the full
emaunt of original aerip or warrants herein oont amplatad, then, in auoh event, auoh amount of
%era County Road and Bridge Refunding Warrants of 1931, as shall not be enpported and bsaed
upon al aims duly approved by the Commiasionera' Court, shall be oenaelled and destroyed, the
numbers and amounts of warrants ao caaoelled and destroyed to be made a matter of reoord upon
the Minutes of the Cao®isaioner a' Court.
XI. IT IS FURTHER ORDERED that a epeoi sl fatal, to be deal grated "Road and Bridge Refund-
ing Warraryta of 1931 Fend", be, and the same is hereby oreated affi set aside out of the Road
end Bridge Fund of %err County, which fund, when onLlsdted, shall be used to pay the
lnt areal on said Refunding Warrants and the pri naip el thereof at maturity, and for ao other
purpose; and
That to create said fund to pay the interest on said Refunding Wa1`rents, and provide a
sufficient sinking fund to pay the principal thereof at maturity, there shall be, anal there i
hereby levied for the ourreat year a taz of and at the rate oP eleven oents (11~') on eaoh Om
Hundred Dollars ($100.00) valuation of taaeble property in Kerr County, Tezas, out of the Roar
and Bridge Taz of said County; and said taz of and at the rate of eleven oenta (llgl), or so
mush thereof, or so much more, if any, ae shall be necessary is hereby levied out of the Aoad
and Bridge Taz oP said County for eaah suaaeeding year thereafter while said warramta, or anq
of them, are outstanding, on. eaah One Hundred Dollars ($100.00) valuation of taaeble propert
in said County of Kerr; and said tea shall be assessed and collected Por each of said years,
and applied to the purposes named.
%II. BE IT FIIRTHER ORDERED that the County Judge of said County, be and he Sa hereby,
authorized to take and have charge of said Refunding Warrauta, and he shall have authority to
deliver said Refunding Warrants in installments only under further orders of this Court.
WITNESS the 8lgnatures of the Mambera Composing the Commleaioners' Court of Kerr County,
Tezas, this, the 12th day of Januar
ATTESTi
tea. 2 ,
urn y Z~ler , err oua q, ezea.
x/33
0-0-0-0-0-0-0-0-0-0-0-0
Cou;lty Judge, Kerr County,T~
Commissioner Preoinct No. 1,
Co~iasioner Preoinct No. 2,
Commissioner Precinct No, 3;
Commissioner Preoinct No, 4,
THE STATE OF TEAS,
COIINTY OF KERR, On this, the 12th day of January, 1931, the Commieaionera' Court of
Kerr County, Tezas, convened in regular session at the regular meeting piece thereof in tiie
Courthouse in Kerrville, Tezea, ell members of said Court, namely:
Chas. Real, County Judge,
F. A. Karger, Commissioner PrAoinot No. 1,
Virgil Storms, Commissioner Preoinct No. 2,
Wm. Karger, Commissioner Preoinct No. 3,
T. d. Poore, Commissioner Preoinat No. 4,
Jno. R. Lenvell, Cotmty Clerk,
being present, the following proeeedinge among other a, were had, to-nit:
WBEEiEAS, heretofore at an election dulg and legally held on the 15th deg of Novsaber,
1930, the qualified property tazpaying voters of Kerr County, Tezas, authorized the iaeusaoe
of X450,000.00 of Kerr County Road Bonds; axd
WAEREAB, on the 8th dap of December, 1930, the Commissioners' 6ourt of Kerr County, Te
passed an order authorizing the issuance of X450,000.00 of Kerr County Road Bonds, Series
dated February 10th, 1931, bearing interest at the rate of 59L per annum, and maturing sari
during the years 195E ga.1961, inclusive; sad
WHEREAS, this Court has investigated into and finds that the proposed program of road
oonatraation in and far Karr Oopnty, Tezas, will not require the szpeaditure of the total
amount oP the proceeds which would be derived from the eels of the entire $450,000,00` of
Spy

bonds authorised at said election at this time; sad