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1901
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'Y m l~ .,r,Rjlra,I.^ gA~izt~lII'c' ° ~'nr~I~ ,lg$M>11C1 F8ii F 1 9 l ~m]1 0 H t° y r g .10 N N-4 Q o Q5y IC7 !Z; F `I cFI"F' bs a _ ~1 ' ,off;~( 74 fJ1E J t J S= a^ li t Jgy °m / )g nNi^ / J g ~A ' ~ Jg ✓ Jg~ TA >O ` yfn,ss Njy° 223Q 25 0 2 09 p 0 01 _ • zf i +y~ tQi ti^ g 1i ~A n gs m gel for too ~~N d f 1 d 1 ul 0 :.1 ~ ~>N 6Q 1 I~}°11 ''If'! ke~F `'+N"z"zf ~Fl'1 1°~►: in Q pp I"F~F ~qr °rcyla +r~i i~ `b r p~~ `°~1 ,t1 ~1 1 pj93s1p;~m~y■3®7'': fJ) ~i°:~/✓ tJ4~'xm ~ IJg~6n .J •.,g N / f..~ g 6 m N~ N2s. ><co is *tog 00 0 AN ORDINANCE, Authorizing the Issuance of bonds for the purpose of constructing and building additional rooms to the Central Public Free School Building and providing for the levy and collection of a tax to pay the interest and create a sinking fund for the redemption of said bonds. WHEREAS, At an election held for the purpose on the 19th day of July, 1901, 1 majority of the qualified voters, who are property tax-payers of the City of Denton, Texas, voting at said election, sustained the proposition to Issue the bonds hereinafter described by a vote of two hundred and fifty-five for the Issuance of the bonds to a vote of eleven votes against the Issuance of bonds; therefore, Be It ordained by the City Council of the City of Denton that the bonds of said city to be called "City of 4 Denton School House Improvement Bonds," be Issued under and by virtue of Art. 486, Revised Statutes of Texas, 1895, for the purpose of constructing and building additional rooms to the Central Public Free School Building. Said bonds shall be numbered consecutively from one to twenty-five inclusive, shall be of the denomination of $500.00 each, aggregating twelve thousand and five hundred dollars ($12,500.00). They shall be dated the first day of August, 1901, shall become due and payable forty years from their date, but may be redeemed at the . I' pleasure of the city at any time after ten years from their date. They shall bear Interest at the rate of four per cent per annum, payable semi-annually on the first day of February and August of each year. Princip.tl and interest shall be payable upon presentation and surrender of bond or proper coupon, in lawful money of thi> United States at the Chase National Bank In the City of New York and State of New York. The said bonds shall be signed by the Mayor and countersigned by the City Secretary and tegistered by the City Treasurer, and the seal of the City Council shall be impressed upon each of them. The names of the Mayor and City Secretary tnay be lithographed on the coupons. It Is further ordained by the Council that, to pay the Interest on said bonds and create a sinkingfund sufficlenf to discharge them at maturity, a tax of six cents on each one hundred dollars valuation of all taxable property In said City of Denton shall be annually levied on said property, and annually assessed and collected until said bonds with Interest are paid, and said tax Is here now levied for the current year, and for each succeeding year while sold bonds are outstanding, and the same shall be assessed and collected for the current year and annually hereafter, and applied to the purpose named. It Is also ordained that B. H. Deavenport, City Treasurer, be authorized to take and have charge of said bonds pending their Investigation by the Attorney General, and upon their approval shall have authorityto negotiate their sale and receive for the city the proceeds thereof. 's That this ordinance shall be and remain In full force and effect from and after the date of its passage. Passed 22d day of July, A.D. 1901. Approved July 22d, 1901. AVestt O. P. POE, r' J. H. CLEAVELAND, Mayor City of Denton. City Secretary. 1 i f I 4 ~ F M g A oa ac c v a , N ~ m o o ~ ~ Ct~ ~V om Cr a C P C tit y c1 Qis a ~o Z N -4 ;tie~t'w:U+:.r:r-r..~ :.s+`v,R,`"<..,.'.e........... ~..~:`~Ynl'2'j'.. 6:iN~ ~:-•.R,1~r.~'cM,.~„~,•. ~ , i , OFFICE OF THE COMPTROLLER l i OP THE STATE bP TEXAS. J I hereby certify that this Bond has been registered by the in a book kept for that purpose, and In accordance with the Statute's of,Texas, and I further certify that there is on file and of record In my office a certificate of the Attorney Oeneral of &'Stoke of Texas, to the effect that this Bond has been examined by him as required by Article 918d, Revised Civil. Statutes of Texas of 1895, being an act approved April 29th, 1893, and that said Bond hog beI issued In conformity with the Constitutio s and laws of the State of Texas, and that It is a valid and binding obil~a tOh upon the City of Detltdn, In Denton County, Texas, P 6- 101 WITNESS MY AND AND THE SEAL OF MY. OFFICE On this the......, ...............9.................. .day r,r t ~ ~ .....Ab1901 r i , of ) l 'r . , ..............000017oa.f 90~ ~i late of Texas, I Know all Men by These Presents: Gam?- County. 1i ,[~~'fil:~1•AS;.~....~:Y7.f...~~..._~..y~........rE~~'.`~%?"7~:ru'~C.... _J.°'l.V;~.~!~ of Ao^ - County, Texas, he~tufore procured the Cotton States Building Company to build fur ' certain improvements on a lot owne by and for which ~~.agreed to pay the Cotton States ; Building Company the sum of o. ,On the maturity of, ...i kl- shares of stock in said Company, wid to secure tl:e payment of which..., in writing, executed to said Company _4"~ar ~ .................lien on said lot and improvements, which-..& r . is duty filed and recorded in Vol.. f , pp. -4/1 , County, Texas, ........_..Recor~~dss.~. AND, Wlit:Rl$AS, by the terms of said roraract.....~!` obligated to pay shares of on the 5th day of aaach mouth the sum of Oil lki_g`. A , il....as interest on said Qet.....W stock in said Company, and the suns of $ ._...e~l................ __montl y principal sum, and _ until maturity of said shares of stock, i all of which will more fully appear by slid contract, recorded as aforesaid, to which reference is here specially made. a AND, WILL PUS, ] .'.'...are desirous of now appropriating the withdrawal value of ..L1_~:r.......said shares of stock, pro fanto• to the extinguishment of the principal amount due by ~ ".o said Cotton States Building Company; aud, whereas, said Company, through its Board of Directors, has granted "__request, AND, WHERFAS, it is mutually agreed and understood between the parties hereto that the amount remaining, after the appropriation of the withdrawal value of the said shares of stock and the application of same to the principal i in, and which amount remaihs re and payable to the said Cotton States Building Company by the said _ { QO . { ~};lJy`.~ 15 the su m of -r~4'r-...~~U~G!-~4s1`~+$.....,.................W....._ V' NOW, TEi1;Rl3FURIa, premises considered/.?eo + i { as aforesaid, do declare this to be a full and compl et tleu:ent of all claims for stock paymentsheretofore made, and do hereby renounce and declare to be fully satisfied any and all claims and demands that ..may have or be li entitled to by reason of having heretofore paid any sums of money as payuents un said stock, or for fines, fees, or other purposes, and this is to be a complete accord and satisfaction between .,r.~D•..••.•, and the said Cotton States ' k Building Company of any and all claims of whatever nature arising, or which may arise out of the payments hereto. fore made for whatever purr} u4e ¢ NOW, HURTH14.1t,/7kf!a....~•~.CYykt.t!- esttt/4tedaSk..v~fus~Cta. cipal and County, Texas, as aforesaid, for the , -wpose of securing t pr certnin a men of the indebtedness above men d au reremafter described according to it, le al tenor and effect do here. i 1? Y (X g._ , a% trustee, by mortoage and convey, in trust, to ~ for the benefit of the Cotton States Hui diby Company, of Paris, 'T'exans, w tb full r oow.er of substitution by him, the following described real estate, to-wit t~'~i',•y'....~!~ /i Lw*-~ L• f :A-~.►-,...a-~... ac-~-s. T72 o u..,-C-s .t J .~,e,,1..c.,- ~rt,~-~..~ Q 11,c!-o.......yGD t,+.e•sL . ~ ~e. -tiCd ~2 .'p~ i i~I-,►.-~t/i . ,cc~~-r.~h, ./tom ~!s,.~., ,d--,IOL-~.~c.~' s _ _ _ r ~ . _t I i i together with all and singular, the rights, privileges, appurtenances and intprovenlents to the Dante bel,mging or ap- `1,ertaining thereto. TO HAVE, AND TO HOLD, said above described property unto the said © i as trustee, his heirs and assigns in trust forever. The said iudtbteeddnem In. ,rexecuted and signed by -L ~•••!~c~ l`••`' It nded to be secur d, is as follows, to-sit: ~One promissory note, ~ tLJ ld i c< „d c.. ~//r c~G hand payable to Cotton Stakes Building Company, able for order, at its office at Paris, Texas, ttith interest from date at the rate of per annul, interest ection. f by law or placed for collection. j annd providing for to per cent. attorney's 's lees Q if p collected b3 i Said no!e is for the sum of ti in iustallnients of•..... each, payable An tl+e-........ ~,Lt•o~^ t G; the first falling due S" y - and our falling due on the x ~ L R-ej-~ 57k;)94& P, 7;L-fA- until the entire sutra is paid, princi- pal and interest, interest to be computed on balance due after each payment is made, and expressly providing that a failure to pay any installment of principal or interest when the same is due and pay able sliall at the option of the I holder of this note, mature the entire indebtedness. Said note be#nS executed for the balmtce due on the original indebtedness and the lien on the property described in said original contract fs In no wise released by this contract but { i#s intended to be and continue in full force and effect to secure the payment of the note herein mentioned. j Now, upon payment of said indebtedness, principal and interest, being well slid truly wa¢ , t)teu in such case thi+ y / indebtedness. principal aotdtinterest(at oral maturity oflsante,`o oid;anybutpartin or def~audlt in the aym n of said indebt A tritsLev hereto, is by these presents, fully authorized and empowered, and it is made his special duty at the request of the legal holder of said indebtedness, made at any time after the maturity of said indebtednem or any part thereof to sell the sold above described property at the court house door tn..t ! O(TO4 .44 County, Texas, on a legal sale day, between the hours of io o'clock a. in., and 4 o'clock p. in., to the highest bidder notice ~ of said sale • by•~ ,stirag a written notice of the time, terms at public onter f for cash in hand, after ivin said _ public j xnd place thereo at three public places in County, Texas, (one of which place shall be at the court house door of said county) at least go days prior to said day of sale, complying in all things w t'li~x../ /7ti'fl ales of real estate under execution, and after said sale, as aforesaid, the said with the law regulating as trustee, is hereby authorized and empowered to make a good and isu so sold, with the usual covenants and warrants; and to receive the proceeds of I~ic#eut deed in law to she property the sale, and the saute to apply to the payment of sold indebtedness, with the interest thereon accrued and the ex• penses of executing this trust, including a commission of to per cent. to himself, hol ing tilt rreeem~a,#nde: thereof sub ~ject to the order of the grantor herein, and it is hereby agreed that in event said /!>s'✓57.. ~~~.`~C-~'-r 7~te is ever required to sign any deed of release to said premises ......:.Q./...1... ' • ...wlil pay him the sum of.. ~U w (Dollars before signing the same, and it iy hereby specially pro%'ded that, should the said...!' sllf'.~ r• from any cause whatever fail or refuse to act, or become di t writing, bolder of said indebtedness shall have full power to appoint ~h thfistititute from In acting g, such trustee, then the said legal who shall have the came powers its are hereto ;delegated to the said,. . • • - ,..........,and..... 'L! do, by these presents, fully • and abeolutel5 • ratify and confirm any and all at to which the said p t. or his substitute, as herein *Oro- vided, idly do fit the premises by virtue of this insttum rit F a Witoess..d:.!-t.... band A. this the........ k N ' t;r(, r I j { STATE Oil OAXACA j REPUSMO OF MEXIO04 on County of . . . . Before me,_....Charles..... ..}i,....Ar.thtzr.. a 2i, y,Pt,blip;,,~e,,,safer,..4.Qns3ld.lWr.._...Ag.en.t,.of.-..the.-.Utn.ited ;4ti.teq this day per so a y geared .known to me ....M~¢ormck James R to be the persou-r.- whose name is............. to the foregoing instrument, and acknowledged to me that- ._he- executed the same for the purposes and considerations therein expressed. wife of..._.,. Iknon t to me to be the person whose name is subscribed to the fore i the said _ priv' y and apart from her husband, and having the same fully explained to he, acknowledged the same to be t and deed, and declared ~th t she willingly signed the same for the purposes and considerations here' 8146- sh Given under my hand and seal of office, this . 6th ...day of Aug,. ...1901,... Oonvular._Agent....-Of-... the•..Uni.tdd Stat686 1 , THE STA OF TEXAS, I,~......... County of........ Clerk of the County Court of said County, do hereby certify that the above and foregoing Deed of Trust, dated the day of ........1go ~with its certificate of acknowledgment and authentic .....__1,~ 90 , at lion thereof, was tiled for record in my office on the ....,..............day of....... O ~l o'clock.. end the a waslthis day duty recorded At...... 01clock,•.••` m., to the R ds of said ° , -t t ~ .pagf.' County, inBook ~ .l.bf~. -Vof. Witness my hand and seal the County Court of said County at office in........... this .'L1.day of.. rgo.r.. e t-- ...<1--, r Clerk County Caurt,....~-......•....•.•. .....Co., Texae, e +4 Bye! _....s.s,tt ..Deputy.t tit E . A W -k- ML I. h i I t• a e'~~'~ v a:;'W ''-,r +di'e!►~5.•'!., rr.~-...~rr:iwi~.awMv ►..:4M_-y"y<r"M!'~•.11t h ~ 888 i ? f1 h ~ y I N Mod MIN h w ~ j I Vj a 1 re fI A Q 'o IIj ~ i I~ ~ I c n 0 I1 .04 09,0,ow ~.I ~f ~G s"0 ` 4i-•s• ley /c} hl e' k A// lZoo O-A, /7500f* 'h Ly- i a