79

Whereas, heretofore the City Council of the City of Fort
Worth by, under and in accordance with provisions of Ordinance No.811
passed, to-wit: June 21st,1901 did issue bonds of the City of Fort
Worth to the amount of $1,744,000.00 the same being for the prin-
cipal sum of $1,000.00 each and having attached thereto 80 interest
coupons. The said bonds being known and designated as First Series
Refunding Bonds. The same maturing 40 years after their date and the
same bearing date , to-wit: July 1st, 1901 which said bonds were
intended for refunding certain indebtedness of the City of Fort Worth,
described in said Ordinance provided the holders of said indebtedness
would consent to the refunding thereof.

And whereas the said City Council did buy under and in
accordance with Ordinance No. 812 issue bonds of the City of Fort
Worth for the sum of $149,000.00 the same being for the sum of
$1,000.00 each and having attached thereto 80 interest coupons these
being known and designated as the Second Series Refunding Bonds. The
same maturing 40 years after their date and the same bearing date,
to-wit: July 1st, 1901, which said bonds were intended for refunding
certain indebtedness of the City of Fort Worth, described in said
Ordinance provided the holders of said indebtedness would consent
to the refunding thereof.

And whereas, in keeping with the said Ordinance and the
Charter of the City of Fort Worth authorizing the issuance of said
bonds. The same were deposited in the Office of the Comptroller
of the State of Texas, to be issued and delivered by him to such
parties as held the indebtedness intended to be refunded whenever said
holders of said indebtedness signified their willingness to accept the
new bonds and surrender the old bonds.

And whereas, only the sum of, to-wit: $496,000.00 of said
First Series Refunding bonds and only the sum of to-wit: $143,000.00
of the Second Series Refunding Bonds were called for and issued
by the said Comptroller.

And whereas, the remainder of said bonds, to-wit: the sum
of $1,248,000.00 of First Series Refunding Bonds and the sum of,to-
wit: $6,000.00 of said Second Series Refunding Bonds are yet remain-