HomeMy WebLinkAboutOrdinance - 271-1924 - Bond Sum Of $75,000 Waterworks Bond - 11/06/19240
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1. Order calling bond election ------------------1 6 2
2. El .. otion Jlotice --~----_. ....... ~ .................. 4a ___ .... I
z •. AffidaTit of Posting Election lotice ----------4
'· Atf14~t of Publioatioa ot Blection lotice ---5
.
s. Election Returns 6 Cop7 of Ballot ------------6
6. Order O&DYaaeing Returns ----~----------------7
7~ Or41naoce authorizing iaeuanoe of Bonds-------8 to 17
s. Certificate of D1etr1ot Clerk ----------------18
9. Certifieate tf City Secretary ----------------19
10. fiaanoial Statement --------------------------20.
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ELBCTIOB ORDER.
l'ov. 6th. • 1924.
City Commission met 1n oout1nuat1on of regular meeting of October
23r4. with the following present:
Mayor, '· B. Friend. Commissioner, R. w. Blair J. o. Jonea and
Geol c. Wolffarth, R. A. Sowder, City Attorney; K. s. Ruby, City
Manager and J. R. Germany, City 0 ecretary
The folloWing business with others were had to-wit:
Upon motion made by Mr. Wolffarth and secon4e4 by Mr. Jones the
following Ordinance w~s read by City SecretQry and ordered passed by
unanimous vote of the Comadesion.
ORDINANCE BO. 271.
AD ORDIBABCE whereb7 the question of issuing bonds of
this Oit7 1n the eum of $76,000.00 bearing aemi•annual
interest at a rate not greater than 6 per cent., such
bonds payable serially OYer a period not greater thau
forty years from date of issuance, for the purpose of
extending and improving the waterworks srtem of this
City may be issued, .fixing, the date an 'Place of such
election, providing for notice thereof, appointing the
officers to hold the same, and declaring emergenc7 on
account of the necessity of improvements in such eys-
tem beouase of the iacrease of people to be served
thereby.
BE IT OBDAIBED BY TKE OITY CODISSIOB OF THE CITY 01' LUBBOCK sxu.
Section 1. An election is hereby ordered to be held at
the offioe of the City ~eoretary in this Oity on the 9th. day of
December, 192~, at the usual hours. whereat the duly qualified p~8p
erty taxpaying voters of this City may determine if bonds of the ity
sh$11 be issued as hereafter set out.
Section &. Suoh bonds shall be in the sum of $75,000.00
and bear interest payable semi•annually at a rate not greater than 6
per cent. whtch mature over a period not greater than forty rears for
the purpose of extending and i,roTing the . WaterworkS STStem of this
~ity, and the denominations of 1 000.00 eaoh. A duly certified
copy of this Ordinance published ln a newspaper in this City ant
posted at three public places within the City, as retuired by law
for thirty days preceding such election shall be sufficient notice
thereof.
Section 1. Those desiring to Tote in favor of the issu-
ance of such bonds shall have written or printed on their ballots -
"Por the issuance of e7s.ooo.oo of Waterworks Bonds and for the leYy
of a tax sufficient to pay the interest as it accrues and for a sink-
ing fund to retire the bonds at their maturity". And those opposed
to the iaeuance of such bonds shall have written or printed on their
ballots -Against the issuoanoe of $75,000.00 Waterworks uond s , and
the leYJ of a tax sufficient to pay the interest as it accrues, and
for a sinking fund to retire the bonds at their maturity"; and, if
a majority of the voters, voting in suoh election, shall vote in favor
of the issuance of such bonds, same will be issued, and a ~ levied
upon all property within thic City subJect to taxation sufficient to
pa7 the interest as it accrues, and to create a sinking fund to retire
euoh bonds at their matttttY•
Sec~ion 4. The folloWing persons are appointed as Judges
to hold such wlection -w. s Clark and H. D. Woods, and they shall
make return of such election as is required by l8W.
1.
u
. ' . . . Section 5. The fact that there are not sufficient water
supply. water storage. and water distribution for the needs of the
citisens of this City, creates an emergency and public necessity that
the ·rule of the Charter requiring Ordinances to be read in two several
meetings before passage be, and the same is hereby suspended. and this
Oratnance paseed by unaDimous vote at the meeting of its introduction,
and it· is so ordered.
P4SSED ABD APPROVED, this 6th. day of .November, 1924.
ATTEST:
J. R. German:r. City Secretary. City of
Lubbock, Texas.
(CITY SEAL )
'· R. Jilriend liyor, dlty of Lubbock. fezaa.
Recorded in Book 3 Page 305. of the K1nutes of the City Commission
of the City of Lubbock, !exas.
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0
ELBO!IO. BOTICE.
ORDIBABCE BO. 271.
AN OBDIBABOE whereby the question of issuing bonds
of this City in the sum of t?s,ooo.oo bearing semi•
annual interest at a rate not greater than 6 per oent.,
such bonae PS\V&ble serially over a peri.ol not greater
than forty rear• from date Of iSB~ee I for the pur-
pose of extending ana improving the waterworks system
of this City. may be issued, fixing the date and place
of such election, providing :tor notice thereof, ap-
pointing the offloars •o hold the same, aud declaring
emergenor on aocount of the n.eoessi t;y of improvements
in suoh system beoaue of the increase of people to be
serYed thereby~
BE IT ORDAIDED BY THE ClTY COlOIISSIOB OF THE CITY OJ
LUBBOOJ:,SXAS.
Section 1. An election is hereby ordered to be held at tbe
office of the City Secretary in this City on the 9th~, day e:t December~
1924, at the usual hours, whereat the duly qualified property taxpaying
voters of this City may determine if bonds of the City shall be
issued as hereafter set out~
Section 2. Such bonds shall be in the sum of $75,000.00
and beer interest p~able semi~annually at a rate not greater than 6
»er oent. which mature over a period not greater than forty years, for
the purpose of extending and im:proving the Waterworks S;yetem of this
City., and the denominations of 11,000.00 eaoh. & duly certified copy
of this Ordinance published in a newspaper in this City and posted at
three publio places within the City, as required by law, for thirty
days preceding such eleot1o~ shall be sufficient notice thereof.
Section 3 •. Those deei ring to vote in fav.or of the issu-
ance of suoh bonds shall have written or printed on their ballots -
"Iror the issuance of $'15 000.00 of Water'tforks Bonds, for the levy of
a tax sufficient to pay !he interest as it accrues. and for a sinking
tuna to retire the bonds at their maturity". And those ppposed to
the issuance of suoh bonds shall have written or printed on their
ballot• -"Against the .i~euance ~f t75,ooo.oo Waterworte Bonds, and
the levy of a tax sufficient to pay the interest as it accrues, and
for a sinking tand to .retire the bonds at their maturity"; and, if a
majority of the Toters, Yotins in such election. shall vote in favo~
of the issuance of BUch bonds. same will be issued, and a tax levied
upon all property within this 'City sub3eot to taxation sufficient to
pay the interest as it accrues, and to create a sinking ~d to~etire
such bonds at their maturity.
Sect10D •• The following persons are appointed as Judges
to hold such election ~ w. s. Qlark and H. D. Woods, and they shall
make return of such election as is required by law.
·. SeotioD 5. The faot that there are not sufficient water
supply, water storage, and water distribution for the needs of the
ci tuens ot this 01 t1 ·creates u emergency and public neoess1 ty that
the rule of 'th' Oh&toter r,qui:t1ng Ordinance to be read in two several
meetings before passage be, and the same is hereby suspended,, end
thie Ordinance passed. by unanimous vote at the meeting of its intee-
duction. anA 1~ is eo orderld.
PASSED ABD APPROVED; this 6th. <fay o:f llovemher • 1924.
F. R. J'r1en4.
ATTEST:
liyor, City of Lubbock, Tezae
J. R. German1
city Secr~tary, city of Lubbock, Te~o.
a.
THE STATE OF TEXAS 2
01 TY AND C OUBTY OF LUJmOClt 0
I' J. R. Germ&DT, City Secretary of the City of Lubbook,
'Te%a.s, do hereb:r certify that the above and foregoing is a true
and oorreot copy of Ordinauoe Bo. 2'1 which was passed by un-
animous Tote of the 01 ty Oommi .ssion on liovember 6th., 1924 1 which waa approved by F. R. Friend~ as Mayor thereof, and is ~· ~eoor4ed 1n~he Ktnutes of said Otty of Lnbbook.
•. ,;/-In 'wi tnesa whereof, I have hereunto set my hand and
~ the seal of said Oitr at Lubbock, Texas, on the 6th. day ot
JoT., 1924.
j
.i
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J. R. Ge~. . city seore~ City of Lubbock,
Texas.
(CITY SEAL)
STATE OJ TEXAS I
COUBTY OF LUBBOCK )J
Before me, the unters1gned author1t1, on this day per-
sonally appeared T. E. Kay, Chief of ?olioe of the City of
Lubbock. ~exas, known to me to be a credible person, who, being
luly awo.rn, An oath deposes and says, -That he, affiant, is tb8
Chief of ~olio• of the City 9f Lubbock, !exae, and that the above
Botice of Eleoti.on was J)Osted at the County Gci'Urt Ho~ e si tuate4
in the County of Lubbock and 01 ty of Lubbock, 'lezas, a oopy posted
in the Post Oftioe of Lubbock, and on the vacant lot across the
street from the ~ubbock Poet Office; all three of said notices
having been posted on the 7th. day of Bavember, 1924.
. T, E. M&l
chief of Police, LUbbock. Teus.
Subeoribed and sworn to before me. the 7th. day of
Bo..,ember, 1924.
a. A. J;ll81l4.
lot•r7 ~lie, Lubbock County,
!exas.
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!t ,:. .... ,. . ... r.
THE STA~E OF TElA& J
I
COUBTY OF LUBBOCK J
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. Before me, the undersigned authority, on this day
personally appeared J. L. Dow, known to me to be a credible person.
who being by me duly sworn, on oath deposes and says;
That he, affiant," is the Publisher of The Lubbock
Avalanche, a newsp.per published weekly in the City of Lubbock•
Lubbock County, Texas, and that the foregoing ordinance,·of which
a printed copy is attached to this affidavit, was published in said
The Lubbook Avalanche on the 7th. 14th., 21st., and 28th. days of
· Bovember, 1924.
James L. Dow
Publisher The Lubbock Avalanche.
Subscribed and sworn to before me this 11th d~ o t
Yebruary, A. D. 1925.
R. A. Rolland.
Notary 'ubllct Lubbock County
e:zas.
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RETUIUI OJ' All KLECTIOB.
Held at Lubbock. Citr Offioe City of Lubbock, County of Lubboot
State of !ezas, on the 9th day of Deo., 1924, for and against
eeriee ae shown in official ballot,
~otal number of votee polled at this voting precinct was 125 votes.
lumber of votes polled to~ - -• - - - - - - - - -~ ---119 Votes
~ber of votes polled against -~ - - -~ - - - - - - - - 6 votes.
lumber of votes polled for - - - - - - - - - - - - -·---120 Votes
lumber of votes polled •gainet -• - - - - - - - -* ---5 Votes.
•umber of votes polled for -• - -• - -- - - -------119 Votes.
lumber of votes polled againat • - --• - -- - - - - - - 6 votee.
THE STATE o• TEJAB f
OOUBTY OF LUB.BOCI I
We, the undersigned Managers of the Election held by us at th.
City Offices in tae City of Lubbock, County of Lubboot., Texas, on
the 9th. day of Dec., 192,, hereb7 certify that the above ana fore-
going 1s a correct return, as required by law, of the votea polled at
said Election.
Witness our ha.nds, this 9th. day of Deo., 1924.
H. D. W0 ode, Presiding Officer.
W, a. Clark, Judge.
w. E. !allew
J. B. Burrough
J. H. Jleore
Manager of Eleotion.
ORDER CABVA.SSIJJG ELbDTIOB RKTU.Bl'fS AND DECLARIIG RESULT.
Deo. 15th., 1924.
The City Comadse1on met in Special Session with the following p~eeent:
Ka7or, i' .:.R. l'rienct, OoJIIIDissionere, J. o. Jones, Geo. c. Wolffarth
and R. W. Blair, City Attorney R. A. Sawder, and K. s. Bnb7, crity Kgr.
The following business with others were had to-wit:
By motion made by Kr. Wolffarth and seconded by »r. Blair the follow-
ing election returDs were read and approved by unani.~us vote.
Returns of Spacial Election held by order of City Commission of the
City of Lubbock held at Offioe of City Secretary on Deo. 9th., 1924.
Bumber of votes polled for the issuance of $125,000.00 Street Improve-
ment Bonds and the lev7 of a taz to pay the interest thereon, and ore-
ate a sinking fund. to retire such as they mature------------119 votee -ll
Bumber of votes polled against the issuance of $125tooo.oo Street lmp•o~
ment Bonds and the leTY of a tax to pay the interest thereon,a:nd ore-
ate a sinking ~und to retire such as they mature -----------6 votes.
Bumb'er of votee polled for the issuance of $75,000.00 of Waterworks Bonds
and for the leYT of a tax sufficient to pay the interest as it actruee,
and for a sinking fUnd to rfttire the bonds at their maturity--120 Votes.
Bumber of votes polled against the issuance of $7s.ooo.oo of Waterworks
Bond.s and for the lev; of a tax sufficient to pay· the interest aa it
accrues, and. for a sinking fund to ·rettre the ·bonds at their mauttrity
--~~-~~--~-~---~~~~~--~~-~·~-~---~-~-~~--~~~~-~-~--~~~~~-~~ 5 Votes.
Bumber of YOtes polled for the issuance of $25,000.00 Sanitary Sewer
Bon4a and for the lfT7 of a ~ sufficient to p~ the interest as it
aooruee, and for a sinking tand to retire the bon4e at their •aturit7
--~~-~~-~--~~~--~~~~~~~-~~~~-~-~--~-~~-~~-~·~-~--~-~~~--119 Votes.
IUlber of votes polled against the issuance of $25,o·oo.oo Sanitary Sewer 1 lends and tor the leY7 of a ~ sufficient to pay the interest as it
accrues. an.d for a sinking ftmd to retire the bonds at their maturitr
........................ ,. ... ~--~-----·~.-................ -. .... ~~--·.--·~ ........... --... ·~~-~~---~-----... 6 votes.
It is, therefore, found that suoh election resulted in favor of the
ieeuance of tl250ooo.oo Street Improvement ~onds~ $75,000.00 Waterworks
Bonde and $25,00 .oo Sanitary Sewer ~onds, and the 1ev7 of taxes to
pay the interest as it accrues and create a sinking fund to retire
them as they mature; Eaoh fund to be separate. and that the is s uance
thereof was authorize& by the majority of the proP!rty taxpaying voters
on each proposition at suoh election. There being One Hundred Twenty
(120) votes oast.
Read and approved this 8th. day of Januar,v, 1925.
r. R. l;riena.
i&yor.
ATmST:
J. R. German1
cl ty Secretary.
Recorded in Boot Z Page 322 in the Minutes of the City Commission of
the City of Lubbock, Texas.
n 7.
( 0
OBDIBABOE AUTHOBIZIBG !S~UABOE OF WATERWORKB BOBm.
THE STATB OF TEXAS )
CITY 01 LUBBOCK )
OOUITY Ol LUB~OCX )
On thia the ___ da;y of February, 1925, the City Com
mission ot the City of Lubbock. Te%ae. convened in regular session
in ita regular meeting ptace, all mombers thereof, to-wit:
'· B. Friend. Mayor,
R. n. .Blair, l Geo. c. Wolf:!arth,
J. () Jonee, l w. s. Poeey,
' I
Oommiesionen,
and J. R. Germany, 01 ty Secretary,
being present,. anf among othe;r btts1neee transscted • the following
ordinance was a4opte4:
" ORD!B.ANOE lfO 28'7 , AB ORDIBRf CE BY THE CI!Y OOM'MIS-
SIOl'f OF THE · CITY OF LUBBOCK. O!E;AS, AUTHOBIZIBG THE ISSUAIOEOP
BO.BDS FOR THE PRIBOlPAL SUII OF f'78~00.00 FOR. THE PURPOSE OJ IXTEND-:-
IBI ABD IMPROVING THE WA'lEnWORIB St:>TEM OJ? TB!S CITY: PROVIDING 1!'011
THE LBVY.!. ASSESSIWlf AND COLLECTION OF A SUFFICIRBT 1'AX TO PAY THE
l.BTERIDT ADD CREATE A SI BnBG ~BD lOB THE REDEKPTIOB OF SAID BOlfDS
AT MATURITY: PRESCRIBiliG ,-HE FORK OF BOBJ>: AlfD DECLARIBG AU EMER-•
tEBOY ACOOUft Ojl THE URGENT liEC.BSSITY FOR SAID EXTENSIONS AND IK•
PROV.EJIEBTS"•
Commissioner Posey moved that the ordinance be placed
on 1 te first reading; seconded by Commissioner Jonfis, and oarri.t
by the following Totea
!BAS: Commissioners Blair, Wolffarth, Jones • posey
BlS: Bone.
Carried; plaoed on first reading.
Comodssioner Jones moved that the ordinance pass first
reading; seconded by Commissioner Wolffarth, and carried py' the
following vo tet
!lAS: Oommdesionere a1a1r, Wolffarth, Jones & Posey.
BA!B: lfone.
Carried; ordinance passed first reading.
s.
0
Oo~ssioner Blair moved that the rules be suepenaed
and that the ordinance be placed on second reading; seconded by
Oommdssioner Posey, and aarried by the following vote:
lEAS: Oo~saioners Blair, Wolffarth Jones & Posey.
BAYS: Bone.
Carried; ordinance placed on seoond reading.
Commissioner Wolffarth moved that the ordinance pass
second reading; seconded by Commissioner Jones, and carries by the
folloWing vote:
YEAS: Commissioners llair, ~olffarth, Jones & Posey
BAlB: Bone.
I Carried; ordinace passed second reading.
Co~ssioner Jones moved that the ordinance pass third
and final reading; seconded by Commissioner Blair, and carried by
the following vote:
YEAS: Commissioners Blair, Wolffarth, Jones & Posey.
lfAlS: Bone.
Mayor Friend then deolare4 the ordinance finally adopted.
The ordinance followec
ORDIBAICE BO. 287.
All ORDINABCE BY THE CITY COKMISSIOB OF TEE CITY
OF LUBBOCK? TEXAS , AUTHORI ZIBG THE IS SUA.NCE OJ'
BOnDS FOR THE PRINCIPAL SUM OJ $?5.000.00 FOR
THE .PURPOSE OF EXTEl{DI.NG AND I MP ROVIBG THE WATER-
WORKS SYSTEM OF THIS CITY: PROVIDING FOR THE LEVY
ASSISSilEN T AN D COLLECTION OF A SUli'FIO lENT TAX TO
PAY THE IlfTERES AND CREATE A SilUCillG FUDD FOR THE
REDEMPTION OF SAID BOBDS AT MA.TURITY: P.RESBRIBilllG
THE fOBM OF BOBD: AliD DEOLA.RIJG AN EMERGEBCY AO•
AOUBT OF THE URGEBT NECESSITY FOR SAID EXTENSIONS
ABD IJIPROVEMEMS.
WHEREAS. at an election hel d in the Cityof Lubbock. Texas,
on the 9~h. day of December, 1924, a majority of the qualified
voters, who are property taxpaytDJ of the City of Lubbock. voting
at s a id election sustained the proposition to issue the bonds
hereinafter described for the prinoipal sum of $76~000,00
0
by a vote of 120 votes, and which carried by a JD&jori ty vote
of 115 in favor thereof, being "Yor the iseuanoe of t 75,000.00
Waterworks Bonds•.-
,
THEREfORE, BB IT ORDAINED BY THE CITY COJIMISSIOll OF THE CITY
OF LUBBOOI:, TlUA8 •
Section 1. That the •onds of said City, to be called
"OITY OF LUBBOCK WATERWORKs BONDS,SERIES 1928", be issued. under and
by virtue of the Constitution and laws of the State of Te1as and the
\
Charter of the City of Lubbock, Texas, for the purpose of ••tending
and improving the waterworks system of this City, in the principal
sum of sevent7 five Thousand Dollars Ct75,000.00)
Section 2.· That aa14 bonds shall be numbered ooneeoutive1y
from one (1) to seventy five (75), inclusive, and shall be in the
denomination of One Thousand Dollars Ctl,OOO.OO) each, aggreg ating
the sum of Seventy Five Thousand Dollars ($'15,000.00).
Section 3. That they shall be dated February 20th., 1925.
and shall beoome due and payable serially as follows:
BOBD nos. IIATURITY DATES. A.KOUllTS.
1, Jebruary 20th.,l926 1,000.00
2, lebruary 20th., 112f, l,ooo.oo
3, PebTuary 80th., 1928, ,ooo.oo
4, lebruar7 20th., 1929, 1,000.00
5, february fOth., 1980, 1,ooo.oo
6 & 7 Jebruary 20th., 1931, 2,000.00
8 & 9 Jebruary 20th., 1981~ 2,ooo.oo
10 8o 11 '•bru~ry 20th., 1933, 2,000.00
12 & 13 Jebruary 8 0th., 1934, a,ooo.oo
14 & 16 'ebruary 80th., 1935, 2,000.00
16 & 1'1 February 20th., 1936, 2.,000.00
18 a, 19 ~·~ruary 20th., 193f, 2,000.00
20 a, 21 le~ruary 20th., 1938, 2,000.00
22 & 23 Je-ruary 20th., 1919, 2,000.00
24 • 25 February 20th., 1940, 2,ooo.oo
26 & 2'1 February 20th.lt 1941,. 2,000.00
28 • 29 Jebruary ·20th., 1942 1
2,000.00
30 & 31 lebruaey 20th., 194-S, 2,000.00
32 ,. 33 february 20 th., 19"• 2,000.00
34 a, 35 february 20th •• 1948, 2,000.00
36 & 3?' ' I Febt"uary 20th., 1946,. 2,000.00
38 " 39 February 20th., 1947 1
2,000.00
40 & 41 lebruary 20th., 1948, I 2,000.00
42 • 43 Pebruary 90th., 1949 1
2,000.00
44 8o 45 Jebruar7 20th., 1980• 2,000.00
46. 4' Jebruary 20th.,19 51. 2,000.00
48 • 49 February 20th •• 1952• ?,ooo.oo
10 •.
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BOlD BOS. KA.TTJIU.Tl' DATES. AJIOUITS.
50 & 61, J'ebruuy 20th., 1958, 2.,ooo.oo
52 , 53, February 20th. , 195,, 2,000.00
54t ' 55, :Pebruary 20th., 1956~ 2,000.00
56 • 67' .february 20th .. , 1966 • 2,000.00
58 ' 59", J'ebruar.y 20th., 195'1. 2,000.00
60 & 61, rebrua17 20th •• 1988, 2~000.00
62 & 63', lebruuy 20th., 1939, 2,000.00
64 & 65', ~eb~UB17 20th., 1960, 2,ooo.oo
66 lo 67, lebruuy 20th., 1961, 2,000.00
68 , 69 ', February 20th., 1962. 2,000.00
'10 &: Vl J'ebruaey 20th., 1963, 2,000.00
72 & 73., J'e brua.ry 20th. , 1964., 2,000.00 , 2,000.00 .,, & 75, · J'ebruary 20th., 1965.
Section '· That they shall bear interest at the rate of
five per oe~tum (6~) per ann~. ppayable semi-annually on the ~
day of Auguet and the 20th.· ~ay of february of eaoh year.
Section s. That tpe pr1Do1pal and interest of said series
of bonds shall be payable in lawfUl money of the United States of
4merioa upon presentation and surrender of bQnl or proper coupon at
the Hanover Bational Bank,' lew York City, Dew York •
.
Seotion 6. That each of said bonds shall be signed by
the Mayor, countersigned by the City Secretary, and registered by the
vity Treasurer, and the corporate seal of the ~ity of Lubbock shall
I
be impressed. upon ~aop of said bonds.
Section 7. That the facsimile signatures of the Mayor
and City ~ecretary may be lithographed on the coupons attached to
said bonds, and ehal?-haTe the same effect as if they had. been signed
by them.
as follows: •o __ _
Section s. The form of said bonds shall be substantiallY'
UIITED STATES OF ~CA
STATE OP TEXAS
COUl:lT Y OF LUB!OO~
CITY OF LU!BOCX WATERWORKS BOBD, SERIES 1925.
t1.ooo.oo
DOW ALL KEN BY THESE PRE SEn'S: That· the City of Lub boo k,
in the Oo~ty of Lttbbook, State of Texas,. a municipal corporation
duly incorporated under the laws of the wtate of Texas,. for value
ll.
received, hereby promisee to pay to the bearer hereof on the 20th. 4&7
ef '•bruary, 19 , the sum o~ -
OD THOUSAID DOLLABS
Cll,OOO.OO), in lawful money of the:Un1te4 States of Ame~ioa, with
interest thereon from date hereof a:t the rate of five per centum ( 5~)
per annum, interest pa;able semi-anpually on the 20th, day of August
~d the 20th. day of february of e~·oh year, principal an~ interest pa;y-
,
able UpOn presentation and surrende'r Of bond Or JlrOper OOUpOD at the
Hanover lational Bank, lew York City, Jfew York, and the Oi~y of Lub-
bock is hereby held and firmly bound, and its faith and credit, and
all real and personal peoperty in said Uity, are hereby irrevocably
pledged for the prompt payment of the principal of this bond and the
interest thereon at maturity.
THIS BODD 1& one ot a aeries of seventy five bonds, num9
bered consecutively from one (1) to seventy five (75), inclusive, in
the denomination of One Thousand Dollars Ctl,OOO.OO) each, aggregating
Seventy Jive !houaand Dollars Ct75,000.00) , issued for the pur-
pose of extending and improving the waterworks system of this City,
ua4er and b7 virtue of the OonetitutioD and lawe of the State of
!exaa and the Charter of the Vity of LubbGok, Texas, and in pursu-
ance of Ordinance ao. 28f, adopted by the City Commission of the
City of Lubbock.-Texas, on the ____ day of February, 1925, and re-
corded in Book z. Page 3.S et seq., of the Kinutes of said City Com-
mission.
IT IS HEREBY OERTIIIED AND RBOITED that the issuance ot
this bona, and the series of which it is a part, is duly authorized
by law and by a vote of the qualified property taxpaying voters of
the Vity of Lubbock, Texas, voting at an election held for that
\1 purpose within said 1ty on the 9th. day of December, 192,,; t h at all ...
acta, conditions and things required 8o be done precedent to and in
the issuance of this series of bonds, and of this bond, have been
7'
..
.. 0
•
properly done and performed and have happened in regular and due time,.
:f'orm and manner as required by law::' that sufficient and proper pro-
vision fo·r the levy and collection of taxee has been made which when
I
collected shall be appropriated exol.uaively to the payment of this
bond :, and of the series of which 1 t is a part, and to the . payment of
the interest coupons hereto annexed as the same shall become duei
and that the total inclebt~dness of said "'ity of Lubbock~ including
~· entire series of bonete ot which this is one, 4o 'es not eaoeed any
oonst1tut1.onal or statutory 11m1 tat1on.
IB WITlESS WHEREOF, the City of Lubbock. by its City Com-
mission. has caused its corporate seal to be affixed hereto, and this
bond to be signed by its Mayor ,, coUDtersigned by 1 ts 01 ty ~eoreta.ry •
and r6gistered by its City Tre$Surer. and the interest coupons hereto,
attached to be executed by the lithographed signarutes of the Mayor
and the City Secretary,; th~ date of this bond. in conformity with the
ordinance above referred to., being the 20th.. day of February, 1925.
OOUBTERSIGBED.:
01 ty Secretary.~ Clty 9f
Lubbock,, Tex$8
.·
Iii or. City of Lubbock;, Texas.
REGISTERED·:
city Treasur~~. city of Lubbock,
~,xas.
Section 9. The form of o oupon shall be substantially
ae follows:
-.,.,__ $25 .• 00
the City of Lnbbook, Texas, peomises to pay to bearer at the Hsnov e •
B$tional Bank, Be' York City, Dew York, t h e sum of Twenty Five ·Dol-
l ·tare ($25~00). being six monthS' interest on CIT Y OF LUB BOCK WATER•
WORKS BOBD ,, SERIES 1926, BO , datec1 February 20th,., 1925.
iltayor.-·
oiiy Secretary.
Section 10. The following certificate shall be printe 4
on the b a ck of eao h bond:
13.
'·
OfFICE OF THE COMPTROLLER
SUTE OF TE.IAS.
·0
I HEREBY CERTIFY that there is on file and of reoord in
~ office•& certitica~e of the Attorney General of the State of
Texas to the effect that th1 s bond has been examined by hifl! as required
by law and that he finds that 1~ has been issued in conformit~ with
theOonstttution and laws of the State of Texas and the Charter of
theCi ty of Lubbock. Texas. and that 1 t is a valid and binding obligation
upon said City of Lubbock, Texas, and said bond has this day been
registered by me.
WITlESS KY HABD ABD SEAL OF OFFICE, at Austin, Texas~
this. ____ day of -------• 1925.
comptroller of Fubilc Iccounie
of the State of Texas.
Section 11. IT IS FURTHER ORDAIIiED BY TH.E CITY ODKIS SIOB
OF THE CITY OF LUBBOCK, TEXAS, that while said bonds, or any of them, are
outstanding and unpaid, in order to provide for the payment of prin-
cipal of and interest on said bonds, there shall be, and there is here-
by l_,ied a tax on all the taxable property in said City of Lubbock
~exas, suft1o1ent to produoe the folloWing amoao&e in the following
years, making clue allowance for delinquencies and oosts of oollect1on:
YEAR ,IJ'T.BRES! PBI.BCIPAL TOTAL
1925 1 Da• 2~0~26 -llj875.00 " 8 20 26 -1~860.00
61,500.00
tS,225.00
1926 'n 2/.20/.27 -· ,1.850.00 .1.600.00
" 8/20/lf -1.825.00 $6,175.00
192'1 . ... 2/.20?:18 -,1,825.00 ·1~500.00 n 8/20 28 -1.$00.00 #5.125.00
1928 ·n 2/.20/.29 -,1,800.00 $1,500.00
" 8/20/29 -1.775.00 $5,0?5.00
1929 " 2?20~30 ~ ,1,'1?5.00 tl,500.00
" 8 20 80 -1,750.00 ts.o2s.oo
1930 " ~~20~31 -,1.750.00 $2.000.00 .
" e 20 81 -1,voo.oo ts.,4so.oo
14.
YEAR
1931
1932
. 1933
1934
1935
1936
1937
1988
1939
1940
1941
1942
1943
1944
1945 . .
1946
1947
1948
1949
1950
IBTEREST
Due 2~0/.82 e ,l,fOO.OO
w 8 20/12 -1~650.00
" "
" "
" •
" R
" "
" It
" •
" •
• •
" "
" •
" •
" "
II
•
" "
" II
• n
"
n
"
" "
1/.20/.33 ~ ,1.6&0.00
8/20/33 -1,100.00
2~0l84 -,1.600.00 8 20/36 • 1.&60.00
2~0186 ~ ,1.&80.00
8 20 38 -1,500.00
2/.20/.36 -ll soo.oo
8/20/36 -1!460.00
2~0/.SY -~1~460.00
8 20/3, -1,400.00
1/20/.88 -,1,400.00
8/20/88 -· 1,350.00
I~O'l:9 •t 1 360.00 8 20 at -1;soo.oo
2~0~40 -,1,300.00 8 20 ~ -1,250.00
1/.20/.41 -ll 250.00
8/20/41 • 1:200.00
1/.20/.42 -,1.100.00
8/20/41 -1.180.00
1~0~48 • ,1,160.00 8 20 48 -1,100.00
l/.20l44 -,1,100.00
8/10/44 -1,050.00
2~0/.45 -,1,05.0.00 a ao/~5 -1,ooo.oo
2~/.46 -~1,000.00
8 20/46 -960.00
2/fi0/.47 -J 8 20'/47 -. .
2/.20/.48 -l 8/20'/48 -
2~0~49 -a
8 20 '' -
2/.20/.50 -I eZ20'/50 -
2~/.51-.
8 20l61 -
. .
950.00
900.00
900.GO
850.00·
850.00 eoo.oo
eoo.oo
f50.,00
'160.00
'100.00
15.
(
'PRIBCIPAL TO!AL
$1,000.00
t 5,350.00
t2,ooo.oo
t s,1so.oo
e a,ooo.oo
ts.l&o.op
$1,ooo.oo t s-oso.oo
ta,ooo.oo
.4,960.00
t 2 ,ooo.oo
$4,860.00
$2.ooo.oo
••• '150.00
t2.ooo.oo
$4,660.00
e a,ooo.oo
$4,560.00
ta,.ooo.oo
$4,450.00
ta,ooo.oo
e 4,3so.oo
t &,ooo.oo
$4,250.00
t 2.ooo.oo
$4,160.00
t a,ooo.oo
$4.060.00
t a,ooo.oo
.3,9!0.00
ts.ooo.oo $3~850.00
t 2,000.00 •• 3,'150.00
' .2.000.00
$3.650.00
t e,ooo.oo t z.,sso.oo
t s,ooo.oo t a.~so.oo
YEAR -
1,61
1952
1953
1954
1956
1956
1957
1958
1959
1960
1961
1962
1963
1964
I ...__..
I.BTEREST
Due 2/20/.52 -l 'oo.oo
" 8/20/52 -650.00
" 2/.20/.58 -1650.00
" 8'/20/MJ .. 600.00
" 2/,20/.54 -1600.00
" 8{20/84 -550.00 '
" 2~20/.55 -1 550.00 " a 20/55 -. soo.oo ·
• 2/20/.56 ... ~soo.oo
" 8/20/56 -450.00
" 2~0/.57 -1 450.00 " 8 20'/57 -.oo.oo
" 2~0/.58 -l 40o.oo
" 8 20/58 -350.00 '
" 2/.20/.59 -,350.00 • 8/20/59 ... 300.00
" 27:o'lao -faoo.oo " 8 20 60 -250,00
" 2/,0~61 -,250.00 .. 8/20 61 -200.00
" 2/.20/.62 -8200.00
" 8/£0/62 -150.00
" 2/.20/.68 -1150.00
" 8/20/63 -100.00
" 2~0/.6' -t 1oo.oo .. 8 20'/64 -S».OO
" 2/20/&5 • t so.oo ·
c
PBIBCIPAL TOTAL
te,ooo.oo
.3,350.00
t 2,ooo.oo
.3,250.00
0 2,000.00
$3,150.00
$2.000.00
$8,050.00
··2,000.00
$2,950.00
$2.000.00
t 2,850.00
$2,000.00
$2,'150.00
0 2,000.00
$2,650.00
$2,000.00
$2,550.00
0 2,000.00
$2,450.00
t 2,000.00
.2,350.00
$2,000.00
$2,250.00
e 2,ooo.oo
t 2~150.00
$2,000.00 $2~050.00
In order to produce the necessary amount for the payment
of principal and interest on eaid'bonda. there is herebT levied for
I ' the current year uppn all taxable property in said City a tax of aDd
at the ~ate of alz cents (6¢) on the One Hundred Dollars' valuation
and annually thereafter the amount of taz shall be computed which
will be sufficient to prGduoe the amount named above in each of the
1
10
I •
years respectively, and suoh ta.:na shall be assessed and collected
and When collected shall be applied to the purpose named and no
other.
16.
D
' .
.
Section 12. IT ·IS ~URTBER ORDAINED that in order to pat
the interest accruing on s•t4 bonde and becoming due August
' .
20th., 1925, there shall be and there 1e hereby appropriated and
set asidf out of the general ~ds of said City of Lubbock, Texas,
the sum of One Thousand Eight Hundred Sevent~ Five Dollars
($1,875.00)
Section 13. IT IS FURT~R ORDAINED, that F. R. Friend,
Mayor of said City, shall be ·authorized to take and have charge of
all neoessary ·records pending investigation by the Attorney General
and shall take and have charge and control of the bonds here1Q
' authorized pending their approval by the Attorney General and
registration by the Comptroller of Public Accounts.
Section 13. The fact that the City of Lubbock is in urgent
need of the waterworks exten~ions and improvements herein con-
templated creates an emergency and an imperattv·e public neeess1 t 1 .
that the rule requiring ordinances to be read on two separate days
before final passage be suspended. and such rule is hereby sue-· '
pended. and 1 t is ·ordai.netl that this ofclinance shall take effect ... ,•
and be in force immediately upon its passage and approval.
PASSED, this ___ day of February-, 1925.
I
APPROVED, th1s ___ da:y of February • 1925.
F.ll. Prien4
Lyor, City of Mibbock.
Texas.
J. R. German~, Olty 8ecretar1,ityot
· Lubbock, Texas.
(CITY SEAJ. )
1'1. 1&
THE STATE OF TEXAS)
)
OOtmTY OF LUBBOC:& )
1, Louie F. Jtoore, Clerk of the District Court in
and for Lubbook Count~, !exas, do hereb7 certify that since the
election was held in the 01.ty of Lubbock. Texas, to au.thorize ~he
issuance of t 125,00~.00 of bonae for the pl!r:p.ose of paving, drain-
ing, and permanently improving the streets and avenues of said Cit7
$75.000.00 of bon4s for the purpose of extending .and improving the
waterworks system of said City~ and $25,000.00 of bonds for the
purpose of extending and improving the sanitary sewer system of
said Oi ty, no sui t .s have been filed and no suits are now pending
in this Court to set aside said election or t .o prevent the i ssu-
ance of said bonds and there ' are no suits of any kin6. filed in
any way affecting either said election ~r the issuance of said
bonds.
WITNESS KY HADD AID SEAL OF OFFICE, this the 16th.
day of Jebruar.y-, 1926..
(SEAL 07 DISTRICT I
00urt)
18.
'
0 Q
OERTIIIC A~E OF CITY SECRETARY.
THE STATE 01!' TEXAS )
CITY OF LUBBOCJC )
·COUNTY O.f LUBBOCK )
I, J. R. Germany, City Secretary of the City of Lubbock.
Texas, do hereby certify that the foregoing copies of
J..
2.
3.
'· s.
6.
7.
Ordinance Bo. 271, calling bond election;
Affidavit of Fo&ting Election Dotioe;
Affidavit of Publication of Election Botioe;
ileotion Beturns,
Official Ballot;
Order Canvassing Returns and Declaring Result;
Ordinance authorizing teeuanoe of $75,000. 00
Waterwo~ke Bonds: a. Certificate of District Clerk:
are true and correct copies of the originals on file ~nd of
record in my office.
I further oertify that Ordin~oe No. 271, calling the
election ~or $75,000.00 Waterworks Bonds, is of record in !ook
3. ~age 505 et seq., of the Minutes of the ~ity Commission of
the O~ty of Lubbock, !exas, which Kinutea have been duly ap-
proved and signed by the Mayor. ·
I further certity that the order canvassing the returns
of s•ia election is of record in Book 5, Page 322 of the Minutes
of the City Commission of the City of Lubbock, Texas. which Kinutes
have been duly approv•d and signed by the Mayor.
I fnrther certify that Ordinance Bo. 287. authorizing
the issuance of the bonds, was passe4 at a regular meeting of said
Ci t7 Commission_ all members · thereof being present and voting for
said Ordinance. and appears of record in Book 3, Page 34~ et seq.,
ot the Kinutee of said City Commission, which Minutes have been duly
ap r roved and signed by the Mayor.
WITDSS KY lWID A.BD SEAL OF SAID CITY OF LUBBOOI:,!EXAS
t h is the ____ day of :tebra.ary, 1925.
(CITY ·S3AL)
City Secretary~ O{ty of Lubbock
:J:"eDS.
0 0
J'IJfABCIAL STATlilllUT OF TBE CITY O.F L~BOOX, LUBBOOlt COUJTY,'lEXAS.
The ~o11owing 1a a complete etatement of the indebtedness
of every character outstaue.1ng against the 01t7 of Lubbock, Lubbock
Oount7, !ex .. , on the 20th., da7 of Februar7, 1925.
!OBDED IBDEBTEDliBS S •
lurpose Date -Int. -Katuritr AmOunt •.
Sewer 2/.l&Zfi 6~ 2~6~61 t 46,ooo.oo
Water 2J;tl 8 2 8 61 20,000.00
Light & Power 4~5 18 6 4 15/58 35.000.00
Water 'z8z"o 6 .Serial ,1.0001926-1984 10,000.00
St. ~aving '1 8 20 5 Serial 4,000 1925-1949 100 ,ooo.oo
Water 8/1'/22 &t~ Serial 2,000 1926•1937 48,000.00
8/1/22
1,000 1988-1961
Sewer ~Serial a6ooo 1926•1985 tY,ooo.oo
12i2oL&a
e.ooo 195 -7-e ~ ooo 195t
City Ball ~~~ Serial s.ooo ' io~tl9•68 ,6,ooo.oo :&leo. L1f!t 12Z'1f,.2a Serial 2 000 4~0 1989•61 50 000.00 w.w.f 19 4 rill u serial · 16000 ' lOZ19SO-M 1a!ooo.oo
St. DIP•, 1924 8~,,, 6 Serial 1 ,0004~0Zi929•M 860,000.00
St. Imp., 1928 2 2 /25 S Serial 8,000 2 20Zl916•60 125,000.00
2/20/88 6 -Ber1&1
,ooo 2Z20Zlt&l-65
Waterworks 1,000 2Z2o~92&-80 7e,ooo.oo
.2/20/88 8 ~Serial
2,000 aZ20 1981·65
5 ani tary Sewer 1.000 £/20/1941•68 26,000.00
WAIUWJT IBDEBTEDBEBS.
Purpose Date In'• Katurit7
Jlunding 7/20/16 6~ Serial t aoo.OIII6•87 t l.OOO
'I/.10ll6 :t 1988-42
s~. Imp. Serial ~500 1926~7
.P un41ng 1/'11/1, Serial 1§000 1986 t l500
0 1 87•18
hn41Dg 1"88/lt :f Serial 1928-21
St. ltm41ng 8 15/U Serial l926•JOe!l&OOO
1981-85 2 00 w.w. & Sewe~ ~.ll1"23 il serial lltoa' .,., w.w.& w. Ex #2. ~~ 23 s•ri&l 2l1/ 926_.7 ·
St. Imp 2~5/.24 Serial 1'60 1926-29 w. & s. 1924• 4. 15/U 6~ Serial 1,000 1929-1930
4/18/U. 6~ 1,600 1981 °
Pun ding. 1924 Serial 1,000 1~01929-~
2 000 1 10/1988-40
El. Light Plant 10/20/24. G;C Serial 1/0/1929•89
TOTAL OUTSTAJlDIDG IJDE'B!Bn.ESS • -• • ·• -• • -• • ·-{inol~d1ng bon4e authorised 2/20/26)
TaXABLE V4LUES for 1924• • • • • - -• - -- - -• • •
SIBKIBG JUID OD haD& -- ---• - --• - -• - ---
GROSS RECEIPTS from Utilities • 1923 - -• • -• • • -
VALUE OF PROPERTY owne4 by City (eetimate4) • -•·-- -
(Water, Light & Sewer Plants. Cit~ Hall & Per. ~rop)
rBE STAT& OJ ~ ~
Amount
11,000.00
&,ooo.oo
4,000.00
10,800.00
18,000.00
50,000.00
86,000.00 2.eso.oo
!,600,00
te.ooo.oo
24,600.00
t l.260,850.00
9,86'1,54.0.00
"·260.56
108,631.84
9f,4,600.00
COUBTY Of LUBBOOJ: ) I, J. R. GerJD&Il7 1 "1 t:r Seontar;r of the 01 t:r oof
Lubbook, Texsa, a.o hereby oertit;r that the above
and foregoing is true and correot to the beet of. my kDowle4ge.
GIVEI UDDER KY HADD ADD SEAL OF OFJIOE • this th=.,e ~~~!1!!!!1L-------J