The Laws of Texas, 1921 [Volume 21] Page: 62 of 1,670
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54 GENERAL LAWS.
aids incident to or necessary to the operation or development of a
port, ports, waterways, within the district and extending to the Gulf
of Mexico; and to issue bonds at any time in the future, in payment
therefor, upon compliance with the provisions hereinafter set forth.
and as now prescribed in Title 96 of the Revised Statutes of Texas,
1911; provided that not less than two-thirds of the qualified voters
of said district voting at an election called therefor, in the manner
provided in 'Title 96 of the Revised Statutes of Texas, 1911, must
have voted in favor of the issuance of said bonds before the same
shall be issued and before the same shall constitute a valid obligation
of said district; provided, however, that the outstanding bonds and
the additional bonds so ordered, said additional bonds to be issued
in manner now prescribed by Title 96 of Revised Statutes of Texas,
1911, shall not exceed in amount ten per cent of the assessed value
of the real property in such district as shown by the last annual
assessment thereof made for State and county. Provided that bonds
so issued may bear interest at a rate not to exceed six per cent (6%)
SEC. 2. When in the opinion of the Navigation Board of a N'avigation
District coming within the provisions of this Act, it shall
be deemed advisable for said navigation district to avail itself of
the rights, powers and authority provided herein, said Navigation
Board shall so certify to the Commissioners' Court of the county
wherein said district is situated, petitioning the holding of an election
therefor, whereupon the Commissioners' Court shall set a day
for public hearing for the consideration of said petition, said hearing
to be held at such place as may be designated by the said court,
and to be held not less than thirty nor more than sixty days from the
presentation of said petition.
SEC. 3. Upon the day set by said Commissioners' Court for the
hearing of said petition any person who has taxable property within
the proposed district or who may be affected thereby may appear before
said Navigation Board and contest the necessity, advisability
or practicability of said election, and may offer testimony in favor
of or against'said election.
SEC. 4. After the hearing upon the petition as herein provided
if the Navigation Board shall still be of the opinion said election
should be held the Commissioners' Court of said county shall order
an election, in which order provision shall be made for submitting
to the qualified property tax paying voters resident in said district
whether or not the said district should avail itself of the rights,
powers and authority provided for herein, said order shall state the
day upon which said election shall be held, said day to be at the
earliest legal time. At said election there shall be submitted the
"For the development of the port by the Navigation District."
"Against the development of the port by the Navigation District."
SEC. 5. Notice of such election stating the time and place of holding
the same shall be given by the Clerk of the County Court by posting
notices thereof in four public places in such proposed Navigation
District and one at .the court house door of the county in which said
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Gammel, Hans Peter Mareus Neilsen. The Laws of Texas, 1921 [Volume 21], book, 1921; Austin, Texas. (texashistory.unt.edu/ark:/67531/metapth14933/m1/62/: accessed March 29, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; .