by Coff, end unanimously spproved by the Court. !~ o-o-ow-o-o-o-o-o-o ~~~, No. 6042. COURT RECESSED MONDAY, APAII. 13TH, A. D. 1953 AT 5:20 O'CLOC% P. M. UPTIL TDESDAY APRIL, 14TH, A. D. 1953 AT 9:00 O'CLOC% A. M. o-o-o-0-0-0-0.4.0.0 No. 6043• COURT RECONVENED, TUESDAY, APRIL 14th, A. D. 1953 at 9:00 O'CLOCK A. M. FOR ANY 1 MATTERS THAT MAY BE PRESENTED TO THE COURT. i,. Pursuant to adyournment taken on Monday, April 13th, A. D. 1953, at 5:20 o'clock P. M. this court reconvened on Tuesday, April 14th, A. D. 1953 at 9:00 o'clock A. M. for any matte iii that may be presented to the oo urt, with the following officers being preaeat to-wit: Hono rabls 7no. R. Leavell...County Judge ;~ L. M. Guthrie ............... Commissioner Preo inct #1 ~' Q. D. Fowell• .... .........••Commiea io ner Preo inet ~2 ' Adolph Bartel ...............Commissioner Precinct j~3 Lee Goff ....................COmmi9s inner Prec iaot ~4 end t Cl k y er Lawrence Stephens...... ...•.Co un and the court having regularly opened, the following pro teed inga were had to-wit: o-o-o-o-o-o-o-o-o-o-o '~ No. 6044. ORDER ADTHORIZTNG THE ISSUANCE OF BONDS THE STATE OF TEXAS: !~ COUNTY OF $ERR On this the 14th day of April, 1953, the Commissioners Court of Kerr County, Texas, convened is regular session et a Regular Term thereof at the regular mei ing place in the Courthouse in Kerrv ills, Texas, with all members of the Court present, to- wit Jao. R. Leavell County Judge L. M. Guthrie Commissioner Precinct No. 1, V. D. Powell Commissioner Precinct No. 2, Adolph Bartel Commies inner Precinct No. 3, Lee Coff Commies inner Precinct No. 4, i L.. Lawrence Stephens County Clerk when, among other proceedings had, the following order was passed: WHEREAS, on the 25th day of February, 1953, the Commiss loners Court of Kerr County, Teaas, ~~ by ea order duly and legally passed, ordered that an election be held throughout said County ~' on the 24th day of March, 1953, for the purpose of determ ing whether the Commissioners Court of said County shall be authorized to insue the bonds of said County ih the amount of 200,000.00 for the purpose of constructing an Agr is ulturel and Livestock Exhibition Building,,. ' in sad for said County, as authorized by the Constitution and Laws of the State of Texas, ' and particularly Article 2372d-2, Revised Civil Statutes of Taxes of 1925, as emended; said bonds to beer interest et a rate not to exceed three (3;6) par cent per annum, and payable ner lolly within fifteen (15) years from their date, end whether said Court shall be authorizes ', to levy a taz sufficient to pay the interest on said bonds and create a sinking Pund suff is iei to redeem them at maturity: and, ~ WHEREAS, notice of said election was given by publication 1n TB.E KERRVILLE TIMES, a news- I~, paper of general circuhtion published in %err County, Texas, and whioh notice wee published ~'' in said newspaper on the same day in each of two successive weeks, the date of first publi- '~, nation being sot lass than fourteen (14) full days prior to the date oP the election, and in I~ ~,, I'I addition thereto, notice thereof was posted et the County Co urthouae door end in each eleedo H precinct at least fiPtean (15) days prior to the date of said election; and, i WHEREAS, said election was duly and legally held on the said 24th day oY March, 1953, and ~~, the result of said election was duly certified and.returnad to this Court by the judges and ~d clerks thereof; cad, l WHEREAS, this Court has heretoPo ra considered the several returns and canvassed the same and Pound that there were cast et said election 1077 valid and legal votes, oP which number I ~, 564 votes were cast FOR THE ISSUANCE OF THE BONDS AND THE LEVYING OF THE TAE IN PAYESSEPIT THERE- ,. OF end 513 votes were cast AGAINST THE ISSUANCE OF THE BONDS AND THE LEVYING OF THE TAE IN ii PAYMENT THEREOF: end this Court thereupon, by order duly entered, deolared that the propositio I ji, so submitted was sustained and adopted by a majority vote of the qualified resident property ~, taapey ing voters voting at said election; and, WHEREAS, this Court has examined into~end inveatigetad the regularity oP the proceedings i~, for said election and Pinds that the same wee duly.and legally held; that the notice required ~; by law to be given has been duly and legally given; and that se id election was conducted in strict co nPo rmity with ell the requirements of law; ~~. THEREFORE, BE IT ORDERED, ADJUDGED AND. DECREED.HY THE COMMISSIONERS COURT OF KERR COUNTY, TEXAS: I' I~ I. That the bonds oP said Co uaty, to be known as "EERR COUNTY AGRICULTURAL AND LIVESTOCK u i! EXHIBITION BIIILDING BONDS, SERIES OF 1953," be issued on the faith end credit of said Ee rr ~~ County, Taaes, under end by virtue of the Constitution and Laws of the State oP Texea, incl ud ing particularly Article 2372d-2, Revised Civil Statutes of Taxes oY 1925, as amended. , II. ~~j That said bonds shall be numbered consecutively Prom 1 to 200, inclusive, shall be of the denomination of One Thousand ($1,OOD.00) Dollars each, aggregating Two Hundred Thouse nd ', (~zoo,ooo.oo) Dollars. III. That said bonds are issued for the purpose of constructing as Agricult oral and Livestock ',, Exhibition Building in and for said County. ii IV. Thst said bonds shall be dated May 1, 1953, end shall become due and payable serially es follows: ~~ BOND NUMBERS MATURITY DATES AMOUNTS ~, (Inclusive) ~, 1-11 May 1, 1954 $11,000 ~' 12-22 May 1, 1955 11,000 '~ li 23-34 May 1, 1956 12,000 '' ~', 35-46 i May 1, 1957 12,000 1~, 4./-58 May 1, 1958 12,000 59-71 ' May 1, 1959 13,000 '~ 72-84 Maq 1, 1960 13,000 I 85-97 May 1, 1961 13,000 ~i 98-111 May 1, 1962 14,000 ' I 112-125 Mey 1, 1963 14,000 ~~ 126-140 it May 1, 1964 15,000 ' ~ 141-155 niay 1, 1965 15,000 I ,, 156-170 dlay 1, 19titi 15,000 ~I lvl-lea clay 1, 196v ls,ooo !~ 1ati-200 May 1, 1968 15,000 Kerr County, Texas, reserves the option of redeeming Bonds Nos. 126 to 200, inclusive, data thereafter, bq paying on Yey 1, 1963, or on any interest payment/ print ipaland eaarued interest thereon, sad in case the same shall be called in for redemption prior to maturity, the County Treasurer of said County shall give notice thereof in writing to the Chas. Schreiner Beak, Kerrville, Teaa ~' at least thirty (30) days pr for to the date Piaed Por redemption, and notice shall also be given by publishing said notice one time in a finenc ial journal published in the State of ' Teaas, et least thirty (30) days Prior to the date Pized for redemption; and any of said bond ', not presented for redemption shall cease to bear interest from sad after the date so Piaed Por redemption. V. That Bonds Numbered 1 to 71, iac lua ive, shell bear interest Prom date until paid at the rate of two and one-fourth (2-1/4) per cent per annum and Bonds Numbered 72 to 200, inclu- sive, shell bear interest from date until paid at the rata oP two and one-half (2-1/2'x) per I cent per annum, such interest to be evidenced by proper co upona attached to each oP ea id bond and to be payable May 1, 1954, and semi-annually thereafter on November 1st end May 1st in each year; and principal and interest shall be payable upon presentation and surrender of bonds or proper co upona is lawful money of the United States of..Amer ice at the Chas.Schrainer Bank, Kerrville, Teaas. VI. That each of said bonds shall be signed Dy the County Judge,. co unteraigned by the County Clerk, and registered by the County Trees urer, and the seal of the Commiss ionare Court shall ~~ be impressed upon each of them. i vu. That the faosim ile signatures oP the County Judge end bhe County Clerk may be lithograph or printed on the aoupoae attached to said bonds, and shall have the acme effect as iP they had been signed by them. VIII. That the form oP each of said bonds shall be aubetentia lly as follows: ND. UNITED STATES OF AMERICA X1,000 STATE OF TEXAS ' COUNTY OF RERR KERR COUNTY AGRICULTURAL AND LIVESTOCK EXfIIA ITION BUILDING BOND SERIES OF 1953 KNOW ALL MEN BY THESE PRESENTS: That the County of Karr, in the State oP Teaas, for VALiIK RECEIVED, acknowledges itself indebted to and hereby promises to pay to bearer ONE THOUSAND DOLLARS ($1,000.00), Sn lawful money of the IInited States of America, on the let day oP Yay, 19_ with interest thereon Prom date hereof at the rate of _ (_'~) per cent per annum, payable May 1, 1954, and semi-annually thereafter on November 1st end Yay let in each year, on pre- sentation and urre er o on t v r e nd 1 the nneaed interest ou a ns he se a all mature e c P y y Both principal and interest of this bond are hereby made payable at the Chas. Schreiner Bank, Kerrville, Texas, end Por the prompt payment of this bond and the interest thereon at maturity, the full faith, credit end reso areas oP Kerr County, Teaas, ere hereby irrevocably '~ pledged. Ali This bond is one of a aeries oP 200 bonds, num oared consecutively from 1 to 200, inclusiv oP the denomination of One Thousand 01,000.00) Dollars eeah, aggregating Two Hundred Thousand 1 0200,000.00) Dollars, issued for the purpo ae of constructing an Agricultural and Livestock ql Exhibition Building in and Por said County, under and in atr ict conPo rm ity with the Const it u- :I tion and Laws of the State ~of Taxes, inc ]. ud ing particularly Article 2372d-2, Revised Civil ~,~ i Statutes of Texas of 1925, as amended, end purauent to en order passed by the Commissioners ~~, Court of $err County, Texas, which order ie of record in the Minutes of said Court. ~ i $err County, Texas, reserve~~the option of redeeming this bond on May 1, 1963, or on a24y i I'~, interest payment date thereafter, by paying principal end aocrued 3ntere at thereon, and in ~ ~:~ case the same shall be celled in Por redemption prior to mat ur lty, the County Treasurer of ;I said County shall give notice thereof in writing to the Ches. Schreiner Bank, Kerrville, Texas ~I II at least thirty (30) days prior to the date Sized for redemption, and notice shall also be ~~ ", given by publishing said notice one tLne in a financial journal published in the State oP ~i Texas, at least thirty (30) days prior to the date fazed for redemption, and should this bond ~ ~;i not be presented for radempt io n, the same shall cease to bear interest Prom and after the date li so fixed for redemption. j j (NOTE TO PRINTER: The foregoing paragraph appl iea only to Bonds Nos. 126 to 200, inclus ive.~ ', The date of thle bond, in conformity with the order above referred to, is Mey 1, 1953, III IT 7S HEREHY CERTIFED AND RECITED that the issuance oP this bond, end the series of which I~: I' it is a part, is duly authorized bg lsw and by a majority oP the qualified resident property ~;i I'~, teapaying voters oP the County of Eerr, Taxes, voting at an election duly held for that pur- !i pose within said County on March 24, 1953; that all acts, conditions and things required to ,! ,) be done precedent to and in the issuance oP this ser iea of bonds, end of this bond, have been i ~' properly done and performed end have happened in due time, Porm and manner es required by law;, 'i; that a direct annual tax nee been levied upon all taxable property in said County sufficient ~I !i to pay the interest on thls bond and the principal thereof at maturity; and that the total ' I~ indebtedness of said Co'.mty, including this bond, dose not eaceed any constitutional or statutory limitation. IN TESTIMONY WHEREOF, the County Commiasionera' Court oP Kerr County has caused the seal 02 said Court to be afYixed hereto, and this bond to be signed by the County Judge, counter- signed by the County Clerk, and registered by the County Treasurer oP said Co uaty, and the interest coupons hereto attached to be eaecuted by the faoaimile signatures of aeid County Judge and County Clerk. oun y u e, err ua y, ezea COUNTERSIGNED: REGISTP:RED: un y er err oun y, xas ~ l oun y eaeurer, err ounty, ass ;I, Ia. ' That the form o1 interest coupon attached to said bonds shall be substant ielly ea follows: ~!, No. _ ON THE 1ST DAY OF 19_ f_the County of Kerr, in the State of Texas, 'I~ hereby promises to pay to bearer in 1¢wful money of the Ualted St etas of America, at the Chas. j Schreiner Beak, Kerrville, Texas, the sum of DOLLARS (~_), said sum being _ mo ntha' I interest due that day on KERR COUN'1R AGRICULTURAL AND LNESTOC$ F.7Q7IB ITIOT: BIIILDING BOND, ~~' SERIES OF 1953, dated May 1, 1953, No. _ i. ~; ounty udge ' ~-~ oun y er X. ' ji i I~ That sub atsatielly the following oert if icate shell be printed on the back of each bond: V +~ OFFICE OF COMPTROLLER: STATE OF TEXAS REGISTER N0. I REREBY CERTIFY that there is on Pile and of record in my office a certificate of the Attorney General of the State of Texas, to the effect that this bond hae been ezamined by him as required by law, and that he finds that it has been issued in conformity with the Constitution and Lawa of the State oY Teaes, and that it is a valid and binding obligation upon said Karr County, end said bond has this day been registered bq me. '~YITNESS MY HAND end seal of office at Austin, Teaes, this _ mptro er of ub c Accounts of TBB STATE OF TSZAS ZI. IT IS FURTHER ORDERED that while ae id bonds, or aIIy of them, are outstanding and unpaid, there shell be annually levied, assessed and collected, Sn due time, form and manner, end ad valorem tea upon all the taxable property in Kerr County, Teaas, out of the Conatitut ional Permanent Improvement Taz, sufficient to pay the current interest on said bonds and oreate a sinking fund Por the payment oP the principal thereof at maturity, and for the year 1953 there is hereby levied out of the Constitutional Permanent Improvement Tax a tea oP 19 Cents on each $100.00 valuation oY taxable property in said County, and while said bo nde, or any oP them, are outstanding end unpaid, a tea for each year at a rate from year to year, as will be ample and sufficient to pay the interest on said bonds and provide the necessary sinking fund to pay the principal, Yu11 allowance being made for delina uenc iea and costa of collection, shall be, and is hereby levied Por each year, respectively, while said bonds, or any of them, are outstanding end unpaid, and said tan shall each year be assessed and collected attd applied to the payment of the interest on and pr inc final of said bonds, XII. IT IS ALSO ORDERED that the County Judge oP Kerr County be and he is hereby authorized to take and have charge of all necessary records pending investigation by the Attorney Gen and shall take end have charge and control of the bonds herein authorized pending their approval by the Attorney General sad registration by the Comptroller of Public Accounts. When said bonds have been registered by the Comptroller, the Comptroller is hereby eathori and instructed to deliver said bonds to the Frost National Bank, San Antonio, Teaas, where such bonds will be taken up and paid for by the purchaser, TSII. That the bid of Dittmar & Company, Saa Antonio, Texas, on the bonds herein authorized, at a price of par and accrued interest to date of delivery, plus a cash premium of `42,50, being the highest and best bid received for said bonds, be, and the same is hereby accepted and the County Judge, County Clerk and Co uaty Treasurer era hereby authorized, dlreo tad and instructed to do all things necessary to deliver said bonds to Dittmar & Company et said price of par sad accrued interest to date of delivery, plus a cash premiim of X42.50. The above order being read, it was moved end seconded that same do pass, Thereupon, the question being called for, the following memb era of the Court voted AYE: L. M. Guthrie, V. D. Powell, Adolph Bartel, Lee Goff; end the following voted 1P0: NONE, Jno. R. Leavell County Judge L. M. Guthrie Commis ionor preoinot No. 1 Adolph Bartel Cammiss ionor Precinct No. S 17~ V. D. Powell Lee CofP Commissioner Precinct No. 2 Commissioner Precinct No. 4 (COUNTY COURT SEAL) i o-o-O-o-o-o-o-o-o-O-O-O I ~' No, 6045, APPROVAL OF CLAW`S AND ACCOUNTS. This the 14th day of April, A. D. 1953, came on to be considered by the court, the claims end acao ants filed against Kerr County, since Mflroh 13th, 1953, session of this court, against{] the Road end Bridge #2, and Roed and Bridge /{4. It appearing to the court that such claims I end accounts should be paid, therefore by motion duly made by Guthrie, seconded by Bartel, an~ unanimously approved by the court, end the County Clerk be end is hereby directed to draw II vouchers against the County Treasurer in like amounts payable out of their respective funds. ~i~ o-o-oro-o-o-o-o-o-o-o-o III No. 6046. APPROVAL OF READING OF N,IN[TPES FOR MARCH, 1953. ill This the 14th day of April, A. D. 1953, after motion having been duly made by Coff, seco ndY ed by Guthrie, and unanimously approved by the court, that the minutes of the Commies inners Court for the month of March, A. D. 1953, be approved ea read, ~~I~' o-o-o-o-o-o-o-o-o-o-o No. 6047. TRANSFER OF $1088.00 FROM FLOOD CONTROL FUND TO ADAD AND BRIDGE N0. 4. This the 14th day of April, A. D. 1953, after motion having been duly made by Guthrie, se- conded by Hart el, end unen imo usly approved by the court that the County Treasurer be and is hereby directed to trans Per $1088.00 from Flood Control Fund to Road and Bridge #4, es an reimbursement Por the use of machinery fox 136 hours, including labor at $8.00 per hour for the cleaning deb is, etc. from behind the Ingram Dam, the Guadalupe River, in Commissioner's Precinct J/4, adjacent to the old town of Ingram. o-o-o-o-o-o-o-oro-o b No. 6048. CONFIRMATION OF $65.00 OFFER IN RE: DAMAGE TO MRS. RAY KILBORN, NEE KITCHEN, FOR RIGHT-0F-WAY FAIaE-TO-MARKET 1350. This the 14th day of April, A. D. 1953, came on to be considered by the court, the offer '~j made and agreed to by part of the court members and quoted to Mrs. Ray Kilborn, nee !Cite hen '~I by the County Attorney, James E. Nugent, in his letter of correspondence on settlement for ~~ damages to her property as a result of the proposed is im-to-Market 1350 Right-oY-way. It appearing to the court that no minutes in regard to said offer had been previously entered '~~ and that the discretion of the court is, that the offer made and quoted by the County Attorne~ should be co of irmad at this time. Therefore by motion duly made by Goff, seconded by Guthri# and unanimously approved by the court, that the offer quoted by the County Attorney in the I~ iii amo uat oP $65.00 to Mrs. Ray Kilborn, nee Kitchen, Por the damage to her property on the pro-'. posed Right-of-Way, Farm-to-Market 1350, ba approved end conrirmed in the emo ant of Biaty- I'~ five and No/100 ($65.00) Dollars. o-o-oo -o ro-o-pro-o ro ii No. 6049. HEARING DATE FOR ARCHITECTS IN RE: AGRICULTURAL BUILDING. This the 14th day oY April, A, D. 1953, came on to ba considered by the court, the settiq~g of a hearing to employ an architect, before nay other plans are had in regard to the con- ' st ruct ing oP the agricultural building as a result of the election had on March 24th, 1953, ,~ authorizing the issuance oP $200,000.00 bonds. It appearing to the court that it would be t~ the best interest of Kerr County to set a date for hearing as of Fr idpy Ap;. 24th, 1953 at '~ 9:00 o block A. M. to hear various architects, in order that the Commissioners Court may ; I ~~+. i ~~