2720I .a
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ORDIriUTCE iuo.
fir_ Ordinance for the Re -issue of 'i arrants Numbered 30,580 to
30582, Inclusive, 31014, 31015, 31017 to 31044, Inclusive,
31.054 to 3108-9, Incl asive , 31084 to 31126, Inclusive,
31?3 2 to 31141, Inclusive, 51143 to 31156, Inclusive, '
31160 1 :0 13117-2, Inclusive, 31452 to '71460, inclusive.
Jherea.s, :'here have been presented to this council war-
rants of the City of Little -'ock, as follows:
T1os. 30580 to 30582, 'inclusive, and ros. 31014 and 31015,
drawn July 9, 1919, in favor of Speer w Dour, for X1000.00 each,
date of maturity July 9, 1920;
ros. 31017 to 31044, inclusive, 31054 to 31082, inclusivE
31084 to 31126, inclusive, 31132 to 31141, inclusive, 31143 to
31156, inclusive, 31160 to 31172, inclusive, and 31452 to 31460,
inclusive, drawn July 25, 1919, in favor of Speer & Dow, for
jp1000.00 each, date of maturity July 25, 1920; and,
' hereas , the holders of said warrants have requested
their reissue to R. G. Helbron, of Little 1rk€nsas, but
payable to bearer; 'and,
'fhereas, this council has carefully investigated the
validity and the amount of the indebtedness for which each of
said warrants was issued; and,
'.1hereas, this council has ascertained that the said war-
rants are the legal and binding obligations of the City of Little
Rock;
row, Therefore, It is hereby ascertained end declared
that said warrants are valid and existing obligations of said
city, and therefore:
BE IT ORDAINED BY 7-117, CITY COU11 C I L OF THE CITY OF LI TT IE ROCKO.
Section 1. That said wr rrants, hereinbefore described,
shall be filed with the city clerk and by him plainly canceled by
perforation and kept in his file, and that in lieu thereof the
City of Little Rock, by its mayor and city clerk, as president and
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clerc of the city council, issue to the said R. G. helbror iar•-
rants of the City of Little Rock to the amount of "'151,O(Y 00
in renewal thereof. Said wa.rrnnts shall be i_la.de payable to t;,
bearer at the Union Trust Company, in, the City of Chicago, Illi-
nois, one year after date, and they shall have all the attributes
of negotiable paper Grad shall be in the denomination of One j
Thous and Dollars 01000.00) each.
Section 2. Said warrants shell be in the follovang form
STATE OF ARKI'Z Sig S
CITY OF ?',ITT -72 ROC IL
No ....... "'>1000.00
On the day of July, 1921, the treasurer of the Cit
of -Little Rock, in the State of Lrkansas, will pay to bearer, at
the Union Trust Co.npa.ny, in the City of Chicago, Illinois, the
sum of One Thoasand Dollars in 1 €.wful irioney of the United States,
out of any money in his hzands belonging to the general fund.
This warrant is issued to fund. ano the r warrant of said
city which has been presented to the city council of the said
City of Little 'ock by the holder thereof, and reissu <<nce thereof
requested in pursuance of the provisions of Act 'No. 383 of the
General yssembl�, of the State of rirkansas for the year 1917, en-
titled "rLn act authorizing cities in lirkzxsas having a. population
of 40,000 or over, to refund their city warrants, "t the said war-
rant in lieu of which this warrant is issued having been care-
fully investigated by the city council of the said city, ��xj d it
having ascertained and declared the
validity
and amount
of the
indebtedness due upon the warrant in
lieu of
which this
warrant
is issued, and the warrant in lieu of vdii ch this warrant is is-
stied has been filed with the city clerk end by him plainly can-
celed by perforation and kept in his files; and it is hereby re-
cited and covenanted with the holder of this varre�nt that this
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warrant has been duly issued in accordm- ce with the act afore-
said, and tria.t all things required to be done by the terms of
said act have been done as therein required, &nd that the or,'.i-
nance ordering the iss.ze of this Warrant has the force slid ef-
fect of a jud�rllent, establishing tlh -e validity of the clair_i for
which
this v.Tarrant
is
issued,
and
that this
warrant evidences
la
valid
indebtedness
of
the City
of
Little Rock
for the
emount
thereof, and that it is not open to question at law or in
equity, and to the payment of this warrant the full faith, cred-
it and resources of said city are irrevocably, pledged.
In '.ditness Thereof, the Cit „7 of Little Rock has exe-
cuted this warrant under the hand of its mayor and caused the
same to be attested by its cor- ,porate seal ea:d the siegiatlzre of
its clerk, or. this day of July, 1920.
CITY OF LITTLE ROICK,
3Jr ...................... Mayor.
!ittest:...................
City Clerk.
Section 3. This o-rdiiience sh .11 tel-e effect and be in
force from and after its passage.
Passed August 2, 1920. Approve
d:
t t es t :
City Clerk.