Eastland County Texas Archives News.....Final Bonds on Old Eastland Courthouse are Paid July 23, 1937
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Dorman Holub txarchives@me.com May 6, 2021, 5:47 pm

Eastland Weekly Chronicle July 23, 1937
The final payment of Eastland County's old courthouse was made Tuesday.  County
Auditor Don Parker stated 
the payment was on two of 45 $1,000 bonds of the series issued June 10, 1897, for
construction of the old 
courthouse.

The county seven years ago attempted to pay off all the remaining bonds but could
not locate the owners of 
the two paid Tuesday. Sixteen bonds were paid seven years ago. The bonds when issued
were made to 
mature on June 10, 1937. The final bonds were made payable to the National
Commercial Bank and Trust 
Company of Albany, N.Y. Real owners of the final bonds were not known. Actually, the
final $1,000 bonds cost 
the county $3,000 each, as interest at a 5 percent rate had been accruing since
issuance. 

The old courthouse was built in 1898 after a wood structure had burned down. The
courthouse built in 1898 
was demolished in 1927 because it had become obsolete and was inadequate for the
county's needs. The 
present courthouse was financed by bonds voted on December 15, 1927. 

The old courthouse bonds, although maturing June 10, 1937, had been callable by the
county after June 10, 
1907. County officials when the old courthouse was constructed included - Richard
Gray, clerk; B.F. Chastain, 
county judge; E.P. Davenport, treasurer.


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