5~ S $250,000.00 of bonds out of said authorized amount will fully take oars of all requireme nta _ at this time, mmd - WHEREAS, it is the opinion of this Court that it will be to the advantage of Berr County a~ the taxpaying citizens d~hereof that said order of December 8th, 1930, autho rizing the is auanos of $450,000,00 of Barr Oounty Rond Bonds, Sarioa 1931, dated February 10th, 1931, bearing interest at the rate of 5~ per annum, and mpturi ng aerially during the years 1932 to 1981, ino lusive, be reaoinded mmd repealed; THEAEFORE, BE IT ORDERED, ADJIIDGED AND DECREED HY THE COb4SISSI0NER8~ COURT OF EERR CCCNTY, TEXA3. I. That the certain order of Deoember 8th, 1930, authorising the is auanee of $450,000,00 Barr County Road Bonds, Series 1931, Bated February 10th, 1931, bearing interest at the rate of 5~ par annum, and maturing as foll~s: $5000.00 on February 10th of eaoh of the years 1932 to 1936, both inclusive; $10,000.00 oa February 10th of eaoh of the years 1937 to 1941, both inclusive; $15,000.00 oa February 10th of each of the years 1942 to 1861, both inclusive; 320 X000.00 oa Febxv eI'y 10th of eaoh of the ye are 1958 to 1956, both ino lusiv ej and 325,000.00 on February 10th of each of the years 1957 to 1881, both iac lust ve, be and the same is hereby in all things reaoinded, repealed and held for nau~tt. The above order being read, it was moved by CoIDmisaio nar F. A. Barger, and seconded by Commissioner Storms that the same do peas. Thereupon, the question being called for the following Commissloners~ voted AYE: F. A. Barger, Virgil Storms, Wm. Barger, and T. J. Moore; and Noae voted N0. - Oounty Judge, Barr Oounty, Tessa. -4 ,g=_, Commis aloner Preoinct No. 1, Commis si oaer Preoinct No. 2, ~~ ~r,T ~~~r«~ Commissioner Preoinct No. 3, Preoiaat No. 4, o-o-o-o-o-o-o-o-o-o ~ia˘ ORDER ADTHORI ZING THE ISSU CE OF BONDS. THE BTATE OF TEXAS, ( COIINTY OF EERR. ( On this, the 12th day of January, 1931, the Commiasi onera~ Covrt of Barr County, Tezea, oonvenad in regular aesai on at the regular meeting plnoe thereof in the Oourthoue• at %arrville, Tesas, ell members of of the Court, to-wl t: Che a. Aeal, County Judge, F. A. Barger, Commissioner Preoinct No. 1, Virgil Storms, Commis sioaer Precinot No. 2, Wm. Barger, Commissioner Preoinct No. 3, T. J. Moore, Commissioner Preoiaot No. 4, Jno. R. Leav el 1, County Clerk, being preser}t, the foil owing prooaedinga, enoLg others, were had, to-wit; WHEREAS, on the 14th day of Ootober, 1930, the le was ls'e seated to this Court a petition signed by the requisite number of qualified resident properTy tazpayiag votara of Berr County Texas, praying that an election be ordered to determine whether or not the b m da of said County shall be issued is the amount of Four $uadred Fifty Thousand Doll era ($450,000.00), bearing not to ezoeed five (5~) per oent rate of interest, for the purpose of oonstruc ting, maintaining and operating meondami zed, graveled or paved roads and turnpikes, or is aid thereof, within and for said County, affi the levy of ad valorem taaea upon the pr op arty of Bald County, nub JeeL to tazatio n, for the purpose of paying the interest on said Do ads and to providi;:a sinking fund for the redemption thereof at maturity; and , WHEREAS, this Court pursuant to said petition, on said date ordered that an eleotioa be held throughout said County on the 15th day of Novembdr, 1930, ea prayed for; and WHEREAS, notice of said election was given by publlaatton in the Kerrville Mountain Sun, a newspaper published in said County, and which notloe was published for three oonaeoutive weeks aezt prior to the date of said election, and in addition thereto, notiae thereof wen posted at four public planes in said County, one of which wsa posted at the Courthouse door in the City of Kerrville, Teaes, for at least three weeks neat preceding the date of said election; and WHEREAS, said eleotiom was duly and legally held on the said 15th day of Mav~ber, 1550, and the recult of said eleotioa wen duly certified and returned to this Court by the dudgea and Clerks thereof= and WHEREAS, on the 18th day of November, 1930, this Court eonaidered the several returns sal canvassed the same, and found that there were oast at said eleati on 1968 votes, of which nut bar 1734 votes were cast "FOR THE ISSUANCE OF BONDS AND THE LEVYING OF AD VALOREM TAXES IN PAYMENT THEREOF", and 234 votes were oast "AGAINST THE ISSUANCE OF BONDS AND THE LE7YING OF AD VALOREM TAXES IN PAYMENT THEREOF", and this Court thereupon, by order duly entered, declared that the proposition so submitted wsa sustained and adopted by a two-thirds ma~orit vote of the quelifled resident property tazpgyera voting at said election; and WHEREAS, this Court has eaeaiaed into and investigat ad the regularity of tlm proeaedings Por saLd election affi finds that the same wsa duly and legally held; that the notice regiire by law to be given has been duly and legally given, and that said election wsa aonduoted in ctrl at conto rmi ty with all the requi rementa of law; and WHEREAS, the proposed program of road construction in and for said Kerr County, Teaes, will not requlre the expenditure oP the total amount of the proceeds which would be derived from the sale of the entire $450,000.00' of bonds authorized at said eleotioa at this time; IT APPEARING TO THIS COURT that the proceeds to be derived from the sob of X250,000.00 oP bonds nut of said authorized amount will fully take Dare oP all requirements at this time •THEREFORE, BE IT ORDERED, ADJUDGID AND DECAEID BY TIIE COMMISSIONERS' COURT OF BERR COIINT TESAS! I. That the bonds of said County, in the amount of $250,000.00 to be known as %ERR COUNT ROAD BONDS, SERIES 1951", be issued on the faith and credit of eaii Kerr County, Tezea, node and by virtue of Chapter 16, Acta of the 39th Legisiature at its First Called Session, 1926, and Section 52, Article 3, of the Constitution and Laws enacted pursuant thereto. II. That said bonds are issued for the purpose of Dens truo ring, maintaining and ope ratio macadamized, graveled or paved roads and turapikce; or is aid thereof, wl thin and for said Kerr County, Teaes. III. That said bonds shall be numbered aoaseoutively from one (1) to two hundred fifty (250) inclusive, and shall be of the denomination of One Thoueaffi Doll era (1000.00) each, aggregating Two Hundred Fifty Thousand Dollars ($250,000.00). LY. That ea id bonds shall be dated the 10th day of February, 1931, and shall become due and payable aerially ea follows: BON}i3 NUMBERS DATES OF M4TURITY AMOUNTS 1 to 4, inoluslvs 0 t 8 February 10th, 1934 4,OA0.00 o , laolnaive February 10th, 1936 4,000.00 9 to 12, inclusive Febru~ 10th, 1936 4,009.00 13 to 18, inclusive, February 10th, 1931 6,000,00 19 to 24, inclusive February 10th, 1.938 6,000.00 85 to 30, inclusive Febru ~9 10th, 1939 6,000,00 Sib S/7 r 31 to 37, inclusive 38 to 44, inclusive 45 to 51, inclusive 52 to 58, inolu save 59 to 65, inoluaive 86 to 73, inalusive 74 to 81, inoluaive 82 to 89, inoluaive 90 to 98, inclusive 99 to 107, ino lu slue 108 to 116, inclusive 117 to 126, inoluaive 129 to 168, iaclu slue 137 to 148, ino lusive 149 to 15.6, inoluaive 157 to 187, iaclu sine 168 to 179, inoluaive 180 Ep 192, inclusive 193 to 208, inalusive 207 to 220, inoluaive Febru EU'y 10th, 1940 7,000,00 February 10th, 1941 7,000.00 February 10th, 1942 7,000,00 February 10th, 1943 7,000,00 February 10th, 1944 7,000.00 February 10th, 1945 8,000,00 February 10th, 1946 8,000„00 February 10th, 1947 8,000,00 February 10th, 1948 9,000,00 February 10th, 1949 9,000.00 February 10th, 1950 9,000,00 February 10th, 1951 10,000.00 February 10th, 195E 10,000.00 Febru m'y 10th, 1955 10,000.00 February IOth, 1954 10,000.00 February 10th, 1955 11,000.00 FeDru ery 10th, 1958 12,000,00 Febru[ny 10th, 1957 13,000.00 February 10th, 1958 14,000.00 February 10th, 1959 14,000.00 221 to 235, Saoluaive February 10th, 1960 15,000,00 236 to 250, ino lullve February 10th, 1961 15,000.00 v. That said bonds shall bear interest at the rate of five per Dent (b$) per annum, payable February 10th, 1932, and semi-annually thereafter on August 10th aai February 10th, of each year, and both pri noipal and interest shall be payable upon preaentati on sad surrender of bonds or proper coupons in lawful money of the United States of Amerioa at the Guaranty Trust Company, New York, New York. vI. That each of said bonds shall be signed by the County Judge, oouatereign ed by the County Clerk, end registered by the County Treasurer, affi the seal of the Commiseionera' Court shall be impressed upon each of them. vII.. That the fac-almile sigm tares of the County Judge, and County Clerk shall be 1lthographed or printed on the ooupons attached to said bonds, and shall have the same effect as if they had been signed by thee. vIII. That the form of said bon des shall be aubat antis lly as follows: No. $1,000.00 STATE OF TEAS COIINTY OF KERN KERA COUNTY ROAD BORD, SERIES 1931 KNOW ALL MEN BY THESE PRESENTS: That the County of Kerr in the State of Tezea, for wa lus reoeived, aeknoxledgea itself lndebted to and hereby promises to pay to bearer ONE THOUSAND DOLLARS in lawful money of the United States of Amerloa, on the 10th dqy of February, 19_, with interest thereon from the date hereof at the rate of five per oentum (5~) per annum, payable on the 10th day of February, 1932, end semi-annually thereafter on August 10th and February 10th of each year, on prasenta tion end surrender of the annezed interest ooupons sa they severally matare. Both prino ipal and int erect of this bond era hereby 7pade payable at the Guaranty Truest Company, Hew York, New Bork, and for the prompt payment of this bond and the interest thereon at maturity, the full faith, credit and resources of %err County, Tezea, era hereby Srrevo- cably pledged. Thia Bond is one of a aeries of Two Hundred and Fifty Bonds, numbered oonaeautl vely from one (1) to two hundred and fifty (250), Sncluslvs, of the denomination of One Thousand Dollars ($1,000.00) each, aggregating Two Hundred and Fifty Thousand Dollars ($250,000.00), paved'_roeda and turnpikes, or in aid thereof, under and in strict conformity d th Section 62, S~~ Arti,ole 3, oP the Constitution and laws emoted pursuant thereto, including Chapter 16, Aota of the 39th Legislature, First Called Session 1928, end pnranaat to an order passed by the Commissioners' Court of %err County, Teaas, which order is of record in the Minutes of said Court. The date of this bond, in conformity with the order above mentioned, is February 10th, 193-. AND IT IS B~IItEBY CERTIFIED AND RECITID that the iasuanae of this bond, and the aeries of which It is a part, is duly authorised by law and by a two-thirds majori$y of the qualified reaidant property tazpaying voters of the County of 8err, Texas, voting at an election duly ~ held for that purpose within said county, on the 15th day of November, 1930; that all note, oonditiona and things required to be done precedent to and in the issuance of this aeries of bonds, and of thin bond, have been properly done and performed end have happened in regular end due time, form and manner as required by lawp that a direst annual ad valorem tsa hen llll been levied upon all tenable property in the said County sufficient to pay the interest on thye bond and the principal thereof at maturity; and that the total indebtedness of said County, II~'' including this bond, doss not eaceed any oonatitutional or statutory limitation. IN TESTIMONY YJfiE:FtEOF, the County Commissioners' Court of %err County, Texas, hsa asusad the seal oP said Court to be affiaed hereto, and this bond to be signed by the County Judge, countersigned by the County Clerk, and registered by the County Treasurer of said County, and the interest coupons hereto attached to be eaeouted by the lithographed fen-simile signatures of said County Judge and County Clerk, as of the 10th day of February, 1931. Countersigned: oun e, err oun y, ezae. oun C er , err oun , ease. Registered: oun y rsaeurer, rr Coun , ezae. I%. The form of interest aogpons attached to said bonds shall be anbstantially sa Pollowa, eaoapt Coupon No. 1, which shall be for twelve months' interest: No, $25,00 On the 10th Bay of , 19_, the County of %err, in the State of Tazas, will pay to bearer, at the Guaranty Trust Company, New York, New York, the sum of Twenty-five Dollars ($25.00), in lawful money of the IInited Staten of America, being the interest due that day on BERR COCNTY ROAD BOND, SERIES 1981, No, _, dated February 10th, 1931. oun ar , oun y, eras. oun y ge, err oun y, ease. E. Tha! the following aertifioate shall be printed on the bank of each of said bonds: OFFICE OF~COMPTROLI,ER STATE OF TEAS Regiatar No. ~_ I HEREBY CERTIFY that there is on file and of record in my offiao a oertifioate of the Attorney General of the State of Tezaa, to the effect that this bonfl hoe been ezemiaed by hi as required by law, and that he finds that it has bean issued in conformity with the Consti~ tution and lnea of the State of Tazas, and that it is a valid and binding obligation upon said %err County, Tezaa, end said bond has this dap been registered by me. WITNffiS My hand affi Beal of ofriae, at Austin, Tezsa, this, the _ day oP , 19: Coaptroller of o Aooonn s o a a e o e z a s. ZI. IT IS FDRTHER ORDERED that while said bonds, or any of thy, are outstanding and S~9 uayaid, there shall be annually levied, sasessed ead.oolleoted, in due time, form and manner, an ad valorem tan upon all the tazable property in said Kerr County, anffioi ant to pay the ourreat int er eat thereoa sad Drente a sinking fund auffiai ant to pay each lnatall- meat of the prl noipal ae the same beoomes due, end to pay the interest an Bald bonds for the first year and create a sinking fund with whioh to pay the principal ae the same beaomea due, there is hereby levied a tan of forty cents (40a) on eaoh One Nuhdred Dollars valuation of tazabla property in said County for the year 1931, and the same shall be ease axed and colleoted and applied to the purpose named; and while said bonds, or any of them, are out- standing and unpaid, s tea for sash year at a rate from year to year, as will be ample sad suffioient to provide iunda to pay the aarrent interest on said bon da affi to provide the aeoeasary sinking fund, Hill all owanoa being made for delinquencies and oo stn oP oolleati oq shall be, and is hereby levied for eaoh year, respectively, while said bonds, or aim of them, are outstanding and unpaid, end said tea shall eaoh year be sasessed and colleoted sad applied to the payment of the interest on, affi prl neipa~ of, said bonds. 7CSI. it is also ordered that the County Judge of Barr •County, Tezsa, be authorized to take and have oharge of all ae pessary records pending investigation by the Attorney Gem ra 1, end shall take and have ohs rge and oontrol of the bonds herein authorized pending their apyroval by the Attorney Goa oral end registration by the Comptroller of Public Aooounts. IT IS FURTf~t ORDERED that the lasuame of the balame oI #200,000,00 of Road Bonds authorized at the election held on the 15th deer of November, 1930, shall await further orders of this Court. The above order being reed, it was moved by COmmia si oaer Moore and seacnded by Co~iesioaer F. A. Barger that the same do pass. Thereupon, the question being palled for, the following Commissioners voted AYE: F. A. Barger, Virgil Storms, Wm. Berger and T. J. Moore, and Nom voted N0. p (~//~/ bounty Judge, Barr County, Tezae. Codsai oaer Preainet No. 1, Commiesioaer Predinot No. 2, Commissloaer Preoinot No. 3, Comm$aeioaer Preoinat No, 4. A1° / 3~~ THE STATE OF TEAS, COUNTY OF KBRR. ~ On this, the 18 day of Jamuirg, 1931, the Commiasio ae ray Court of Kerr County, Tezas, being in regular session at a regular term of said Court, all man bare thereof being present, namely: 0 Chas, Real, County Judge, F. A. Barger, Commie aioner Preoia of No. 1, Virgil Storms, Commiasioaer Prsoinet No. 2, Wm. Karger, Commissioner Praoinot No. 3, T. J. Moore, Commissioner Preoi net No. 4, dno. R. Leavell, County Clerk, and passed the f ollowi ng order, among others, towwit: _wHEREA3, it is aeoewary to Derry on the work of road building in this County,, ea contemplated under the authority given this Court by the Leapaylag voters of the County in 4utporizing the iasuanoe of X450,000.00 of Kerr County Road Bond, Series 1931, at an elsation held on the 15th day of Nov®ibeF, 1930; sad wBEREA3, this Court hen determined to offeY for sale on February 10th, 1931, a portion