TBE STATE OF TE%AS N0. 2427.. COUNTY OF AERR ) On this the 18th day of April, 1941, the Commissioners' Court of Kerr County, Texea, vaned in regular session, at a regular term of said-Court, allmembera of said Court being present, namely: John S. Atkins, Henry Eckstein, D. D. Beard, William Karger W. H. Furr County Judge, Commissioner Precinct No, 1, Commissioner Precinct No. 2, Commissioner Precinat No. 3, Commissioner Preoinat No. 4, the following proceedings, among others, were had, towit: The County judge submitted an order authorizing the iasuame of X20,000 KERR COUNTY AIR PORT HONDS, and levying a tea in payment thereof. Commissioner Heard moved that said order b passed; Motion seoonded by Commissioner Eokste in. Thereupon, a vote being taken, said order was passed by the following vote: Commissioners Eakatein, Beard, Kargar and Furr voting pye; None voting No. The Judge then announoed said order passed as Yellows: WHEREAS, the Commissioner e' Court of Aerr County, Teaas, by an order duly end legally passed, ordered an election to be held throughout said County on the 5th day oP April, 1941, for the purpose of determining whether or not the Commissioners' Court shall be authorized to issue bonds of said County in the amount of $20,000, for the purpose of purcheain g, improving and e9uipping land for an Air port in and for Aerr County; and whether said Court shall be authorized to levy a tsa sufficient to pay the interest on~said bonds and the principal~thera of at maturity; and WHEREAS, notice of said eleotion was given by posting a aubetantial copy of said electioi order in each of the eleotion preaiacta of Kerr County, and at the Courthouse door, not less than four to an days prior to said election; and by publ iaat ion of said notiae on the same day in each of two sucoessive weeks in a newspaper of general oirc.ulation published in said Count; Lhe date of the first publloation being not less than fourteen dags prior to the date set for holding said election; and WHEREAS, said election was duly and legally held on said 5th day oY April, 1941, and the result of said election was duly certified and returned to this Court by the Judges end clerk thereof; and WHEREAS, on the 16th day of April, 1941, this Court considered the several returns end oanvassed the same, and found that there were cast at said eleotion, on said proposition, 578 vo tea, of wh ioh number 374 votes were cast ^FOR THE LSSUANCE OF AIR PORT BONDS AND THE LEVYINI OF TBE TAX ffi PAYMENT THEREOF" and 202 votes were oast "AGAINST THE ISSUANCE OF AIR PORT BOND! AND THE LEVYING OF THE TAX IId PAYMENT THEREOF"; and this Court, thereupon, by order duly entered, deolared that the proposltioa eo submitted was sµstainefl by a gaJority of the quali- fied resident property tsapaying voters, who own taxable property in said County, end who hav duly rendered the same for tazetion, voting at Bald eleotion; and WHEREAS, this Court has ezamimd into and investigated the regularity of the pxroceedings for said eleation and finds that same wsa duly and legally held; that the notice required by law wsa duly and legally given; !nd that said eleation wss oonducted in strict oonformity wit all the requirements of law; THEREFORE BE IT ORDERED, ADJUDGED AND DECREED HY THE COMMISSIONERS' COURT OF KERR COUNTY, TEXAS: I. sLo That the bonds of said County, to be known ea ^AERR COUNTY AIR PORT BONDS" be issued on S~ 1 Hie faith and ored ~t of Barr County, Texas, under end by ~vlrtue of the Constitution end laws r of the State of Tazas, inol ud ing Art. 1289h, of the Reviead Civil Statu tea of Tezae, ae meat by the 41st Legislature at Sta let Called Session, for the purpose of purohasing, improving and equipping lend for an Air Fort in and Por $err County. II. Said bonds shall be mtmbered oonaeoutively from one (la to twenty (20) inclusive, shall be in the denomination of One Thousand Dollars (=1,000.00) eaoh, end shall eggrsgate Twenty Thouean$ Dollars ($20,000.00). III. Said bonds shall be dated the 18th day of April, 1841, .and eh all become rive and payable ssrielly ae follows; BOND NtA1HER9 DATS OF MATDRITy AMOUNT l 'sari E April 15, 194E X2,000.00 3 and 4 April 16, 1943 2,000.00 5 an4 8 April 15, 1944 2,000.00 7 and 8 April 15, 1945 E,000.00 9 aM 10 April 16, 1948 2,000.00 11 and 12 April 15, 1947 2,000.00 13 and 14 April 15, 1-48 2,000.00 18 end 18 AprLl 15, 1949 E,000.00 17 and 18 Apr11 15, 1950 E,000.00 19 and 20 April 15, 1953 E,000.00 rv. Said Donda whall bear interest et .the rate of three per oeat (3~) per annum, payable April 15, 194E, end semi-annually thereafter on trite 15th day of April end 15th day of October of each year, which Sntereat shall be avidenoed by aoupona ettaohed to eaoh of sai d bond e. v. ,Pr in~ipal and intareat of said bonds shall be payable in lawful money of the IInited States of Amerioe, upon presentation and surrender of bonds qr properooupons, at the South Tezae National Hank, in San Antonio, Te:ea. YI. Each of said bonds shell be signed bythe County Tudge, oounteraigned by the County Clerk, regi ate red by the County Treasurer, and the so al of the Commies ioners~ Court of said County shall be impressed upon eaoh of said bonds. Facsimile siectaturea of the County Tudge and County Clerk may be lithographed upon the iat erect ooupoae and shall have the same effect sa if said ooupoae had been signed by said officers. vu. The form of eaoh of said bo aria shall ba sub atentially ae follow e; No. ;1,000.00 iffiITED STATES OF AMERICA THE STATS OF TLSAS COUNTY OF EERR $ERR COUNTY AIR PORT BOND TiD; COLRiTY OF EERR, in the State of Texas, for value received, eaknowl edges itself S~ebted to and hereby promises to pay to Bearer on the 16th day of April, 19_ the atm of ONE TaovsAND DOLLARS (~t,ooo.oo) in lawful money of the IInited Staten of Amer ice, with lnteresL thereon, from date hereof anti paid, at the rate of three per Dent (3y6) per annum, payable April 15, 1942; and semi-annually I Sb ~ thereafter on the lbth day of April and 15th day of October of each year, on presentation and surrender of bond or proper aoupon sa they severally mature. Both principal and interest of,thie bond are hereby made payable at the South Tezaa - National Bank, in San Antonio, Teass; and for the prompt payment of this bond and the interest ~ ' thereon at maturity, the full faith, or edit end resouraea of $err County, Tease, are irevocabl pledged . This bond ie one of a aeries of twenty bonds, numbered oonaeoutively from one (1) to Twenty (20) inclusive, in the denomination of Oa4.~Thoueand Dollera (#1,000.00) each, aggregat- ing Twenty Thousand Dollars (#20,000.00), issued for thapurpoae of purahaaing, improYing and equipping land for an Air Port in and for Kerr County, under end in atriat conformity with the Constitution and laws of the State of Tszea, inolffi1ng Artlole 1269h, asaenaotad by the 41st Legislature at its let Called Sasalon; and pursuant to an order passed by the Commiasloners~ Court of %err County, Texas, on the 18th day of Apr11, 1941, wh Soh is recorded 1n the Minutes of .said Court. The date of this bond, in conformity with the order above mentioned, ie April 15th, 1941. IT I3 HEREBY CERTIFIED AND RECITED that the issuance of this bond, and the series of wh it.ia ~ part, 1s duly authorized by law, and by s majority of the qualified resident property tazpaying voters of the County of Kerr, voting at an election held for the purpose within said County on the 5th day of April, 1941; that all :sots, conditions end things required to be done precedent to and in the iasuanae of this aeries of bonds, and of this bond, have been properly done, have happened and been performed,,in regular and due time, form and manner, ea required by law; end that a direst ad valorem tax has been levied on all tazable property in said Co sufficient to pay the iatereat on this bond and the prlnalpal thereof at maturity, end that the total indebtedness of said County, including this bond, and the series of which it is a part, does sot ezoeed say Don@titutional or statutory limitation. IN TESTI1rtONY WfD:REOF the County Commisaionara~ Court of Kerr County, Teass, has caused seal of said Court to ba hereto affized, and this bond to be signed by the County Judge, countersigned by the County Clerk sad registered by~the County Treasurer of said County, and the interest coupons hereto attsahad to be executed~by the lithographed f~caimile signatures of the County Sudga and County Clerk, ae of the.date last above mentioned. John S. Atkins County Sudga, $err County, Tezss. Countersigned: Jno. R. Leavell County Clerk, Karr County, Texas. Registered: E. Cold, County Treasurer, Berr County, Taxes. VIII. The form of interest coupon attached to each of said boffin (eaoapt coupon number 1, shall be Por twelve months' interest) shall be substantially as follows: No. #1b,00 ON THE 15TH DAY OF 19 THE COUNTY OF RERR, TEXAS, will pay t0 Bearer at the South Tazas National Bank, in San Antonio, Tezaa, the sum of Fifteen Dollars (;15.00) being aia months' interest on KERR COUNTY AIR PORT BOND, Ho. _, Dated April 15, 1941. 7no. R. Leavell, County Clerk. John 3. Atklna, County Judge. . IX. S6 3 ~ OFFICE OF CODfPTROLLER ) ~: STAT$ OF TEYAB ) REGISTER N0. I HEREBY CERTIFY that there is on file and of reoord in my of Pioe a oertifi0ete of Lhe Attorney General of the State of Teaas to the effeo t. that this bond has Deen registered by him ea required by law, and that he finds Lhat it has Deen Se sued 1n conformity with the Constit ut SOn and laws of the State of Tezea, and that it is a valid end binding aDl igat ion upon said County of Kerr, Tezes, and this bond has this day been regia to red by me. WITNESS my head end seal oP office, et Austin, Tezes, thi s~the day of 1941. (SEAL) amp ro er o 0 noun a of the State of Tezea. x. IT IS FURTHER ORDERED by the Court that while Bald bonds, or any of them, are outatand- Sng and unpaid, there shall be annually levied, eases aed end ao ilea tad, in due t/ima, form sad meaner, an ad valorem taz upon all tazable property in Eerr County, cuff iaient to pay the interest for the ourront year and orea~ a sinking fund suffio leaL to pay each installment of prinolpal ae the same beoomea due; and there is hereby levied for the year 1941, end for each auaceed lag year thereafter while said bo ads or any of them are outstanding end unpaid, a taz of and at the rate of five cents, or so muoh thereof, or euoh greater rate ea may be naoeasary, on each One Hundred Dollars valuation of taxable property in the County oP Kerr; a said tax eh all be annually ea a sad and co lleoted and applied to the payment of interest on and prino ipal of said bo nde ea same beoome due. YI. IT IS FURTHER ORDERED that the County Tudga be affi he is hereby authorized to take end have oherge of all neaeesary reoorde pending Snve et ig at ion by the Attorney General, end ah ell take and have oharge and oontr of of the bonds Derain authorized pending their approval by the Attorney General end registration by the Comptroller of Publio Aooo ante. PASSED AND APPROVED BY THE UNANIMOUS VOTE OF THE COMMISSIONERS' COtTRT OF RERR COUNTY, TEXAS, thin the 18th day of April, 1941. p-o-o-o-o-o-o-o-o-o-o-o-o-o-o-o-o ,The foregoing Minutes from Page. 554 to B63, ino lusivs, were read in open Court end Bound oorreat, and are her eDy in all reapeota approved by Lhe Court, this Lhe 13th day of May, A. D. 1941. ATTEST: 1 Clerk, C y our , r oun y, zas. Co y Be, oun y, e x a e. -- By I)e putq. 96#tN9~#~#9W/t#9L#$#9~=A~#~#%f/t#~#S#~k#~ ~~~ ~~r~ omm as oner eo~~o-~-