The Birmingham age-herald., 1909-05-10

for the purpose of subm4tting to the l qualified voters of said city for their de- 1 termination by ballot whether or not they 1 will authorize the City Council of Br- mingham to issue bonds of said city to the amount of three hundred and fifty l thousand lS350 GOO 00) dollars, for the pur- l pose of constructing public school houses and buildings in the said city; and. 1 whereas, at such election a majority of l the qualified voters of the city of Br l mingham voting thereat voted for said
 bond issue; and, whereas, on the 22d day l of September, 190S at o'clock. p. m, l the City Council of Birmingham did meet 1 according to law and at such meeting did canvass the vote and declare the result 1 of such election Nows therefore, the i bonds of the city of Birmingham shall l be issued for the purpose of constructing l public school houses and buildings in said i city in conformity with such authority, 1 said bonds to aggregate three hundred and fifty thousand ($350 000.0 .0Ol dollars, to l be three hundred and fifty (350) in num- l Der of the denomination of one thou 1 sand ($1000.00 dollars each, numbered from l one to three hundred and fifty, inclusive, l bearing interest at the rate of per i centum per annum, to be issued as of the 1st day of July, 1909 and to run for 30 i years from the date of such Issuance. l And the said bonds and the coupons here 1 in provided for shall be payable at the Hanover National bank in the city and state of New York in gold coin of the United States of America of the present standard weight and 1neness, and the said bonds shall not be sold for less than their face value. The interest on said bonds shall be payable semi-annually on the first days of January and July, and all such bonds shall have attached to the same interest coupons which shall | hp cio hU ha but their signature may be printed or Autographed in fac-simile upon said coupons
 Sec. 9 That the form of said bonds and coupons shall be substantially. as follows, to-wit:
 United States of America, State of Ala bama, City of Birmingham, School Bond No. -. S1,00000.
 Know all men by these presents, that the city of Birmingham, a municipal cor poration in the state of Alabama, &C., knowledges itself indebted to the bearer hereof in the sum of one thousand dollars, which sum ftp romises to pay on the 1st day of July, 1899, together with interest on said sum from date thereof until paid at the rate of percentum per annum, payable semi-annually on the first days of January and July, on presentation and surrender of the interest coupons hereto attached as they severally become due, both principal and interest being payable in gold coin of the United States of America of the present standard weight and fineness, at at the Hanover National bank in the city of New York, state of New York. This bond is issued under and in pursuance of the constitution and laws of the state of Alabama, includ- ing among others An act to authorize cities and towns in the state of Ala bama to cause elections to be held there n n nriv f1aa iCcff nf hof, for purchasing and constructing public build ings, sewers streets and alleys, bridges and public schoolhouses and buildings to purchase water works and lighting plants or to construct the same and for such other purposes as may be authorized by law; to provide for the manner of giving notice of such election, the manner of holding the same, the payment of ex- penses thereby incurred, and to authorize the issue of bonds when at such election the voters thereat shall decide in favor of such bond issue" approved February 25, 1903, and An act to provide for the organization, incorporation, government and regulation of cities and towns and to define the rights powers duties, jurisdic- tion and authority of such cities and towns and of the officers thereof, and to prescribe penalties for violations of the provisions of this act" approved August 13, 1907, and under and in pursuance of ordinances and proceedings of said city duly passed and adopted, and under in pursuance of vote of the qualified electors of said city at an election duly called and held for that purpose, this bond being issued for the purpose of constructing public school houses and buildings in said city of Birmingham by and for said city
 It is hereby certified, recited and de- kl.a required to exist, happen and be per formed precedent to, and in the issuance of this bond have existed. happened and been performed in regular and due time, | form and manner as required by law, | and that this bond, together with all 1 the other indebtedness of said city of | Birmingham, does not exceed any limit | prescribed by the constitution or stat utes of said state; and for the punctual 1 payment of this bond and the interest l thereon as 1t falls due the faith, credit | and revenues of the city of Birmingham | are hereby pledged to each successive | holder of this bond, and the city of Bir- | mingham will levy and collect in accord ance with the constitution and In the | manner provided by law such taxes as | may be necessary therefor upon the real and personal property and all other sub jects of taxation in said city This bond and the interest coupons hereto attached are exempt from state, county and mu- ncpal taxation.
 In testimony whereof the city of Bir- mingham has caused this 'bond to be signed by it's Mayor and countersigned by its Treasurer and the official seal of said city to be impressed upon this bond attested by its City Clerk and the coup ons hereto attached to be signed with the Autographed fac-simile signatures of said Mayor and said Treasurer, and this bond to be date the first day of July, one thousand nine hundred and nine.
 --Mayor
 -Treasurer
 (Saan