The Birmingham age-herald., 1914-01-29
Bodeker's Speech the Feature
CITY ORDINANCES
Ordinance 40. SiO-C

Ordinance No. .IO-C
An ordinance providing for the is
suance Of bonds to the amount of
$1,000 for the purpose of paying out
standins contractors estimates for pub
WHEREAS, the assessments for the
post of improvements made under i'm
eroovemss1nt ordinances Nos 652-G' 6S9-S 6S9
fsSSc, se5 es5-c 775sssc 7ss SIC. 75S-c. $50 $50 $50
E41-C, 746-C and 1850, of the City of
me : Cay of = 191--, and the balance
bf the cost of said improvements re-
mains unpaid as evidenced by certain
outstanding contractors estimates, and
hereas, for the purpose of providing
means to pay for, the part of the work
remaining unpaid, it is necessary to
Issue and sell bonds to the amount of
$4,000.
Now, THERE EFoR,E.. BE IT
sioners of the City of Birmingham, as
Follows: A series of bonds of the City
Of 6ipming TO 0 dne dhe prin
tion of $500 each, and numbered from
Series No. s52. Bonds Nos. to 8. in
Series No. $50. Bonds Nos to Il. in
Series No. $40, Bonds Nos. to 10, in
Series No. e71. Bonds Nos 1 to TO- in.
Series No. 713, Bonds Nos. / to A. in
elusive.
Series No III, Bonds Nos l and 2.
Series No 3, Bonds. Nos l to s., in
Series No. 72$; Bond No l..
Series No. 730. Bond No 1.
Series No 1856, Bond No. !.
Series No. 736, Bonds Nos. to 3. in
Series No 1877 Bonds Nos. to 7. in
ssTIss ssTIss Ne. Nc 5?s; Iss. PS@s Bend No No i
Series No. 741, Bond No. /.
Series No. 746, Bonds Nos. l to q in
Series No. 75s Bonds Nos. and 2. in
Shall be issued to pay for said unpaid
part OF sad improvements. me SAID
eaT at fR s rate OF
per apnum. payable annually at the
Hanover National Bank in New York
be redeemable at any interest period
by paying to holders thereof as bonus
a sum equal to half the annual interest
thereon. They shall be issued under
mingham, and both bonds and coupons
shall be signed by the President of the
Comptroller. The form of said bonds
shall be substantially as follows, to-
UNITED STATES OF AMERICA
STATE OF ALABAMA
CITY OF BIRMINGHAM '''
CITY PUBLIC IMPROVEMENT BOND
SERIES
of Alabama, for value received hereby
promises to pay the bearer the sum of
Five hundred Dollars on the 1st day
on at the rate of five per cent Go per
cent? per annum, payable annually to
the bearer of the respective interest
coupons attached on presentatio and
surrender thereof as they mature. both
principal and interest being payable in
gold ccin of the United States of the
present standard of weight and fineness
at the office of the Hanover National
Bank. in the City of New York. n. Y.
m c M n ta- IF hat d. -
like date, denomination and tenor ag
Sregaitin,g and Numbered con- Dn
City of Birmingham reserves the right
to redeem this bond before maturity
upon any interest date by paying to
the holder thereof. as bonus sum
equal tc one-half the annual interest
thereon And the City of Birmingham
shall give public notice of its inten-
interest date by publication once
.'sSs tor three consr cutive weeks in a
daliy newspaper published in Birming
ham, Ala, said notice to contain a de-
|scription of this bond by number and
series. This bond is issued by virtue
| CT, and in pursuance of sections 1909
and 1410, of the code of Alabama, 1907.
and of an ordinance of the City of Bir-
m1ngham duly passed, approved and
published.
This bend is issued for the purpose of
pffoySins pr c.rta;n funds in for the payment
Improvement ordinances Nos. - e"Ne'
reosd eonstitusi6n .ha6 svsnS snS re of
me laws abama relating to the
ISSUE ts been duly complied
WIN. unds arising from the
|par,icu sments on account of
sald IN S are sacredly and ir-
Voca Tor the payment of
tne prlr in terest of this bond
|end tina Is within every debt
Iana cthe escribed by the con-
|sItutlor the State of Ala
The ful1 credit of the said
LILY o. 81 are hereby pledged
Iand intere 49, NV Pii'oipai
In witne tba said eu..
|!eirminp pfia sed fts 500 oI
hereto affiI his bo,d 70 pc
81 ~ py fnt of the Board
tro11ar. t,iis the City Comp
oiei eiis February, 1914.
PRESIDENT >ard of Com