The Birmingham age-herald., 1916-07-22

said bond, shall not exceed in the aggre- gate one-tifth part of such series, on the 1st day of August, 1918, and d similar number of bonds on the 1st day of Au- gust in each year thereafter, by paying to the holder or holders thereof as a bonus a sum equal to one-half the annual interest on the bonds redeemed, and the city of Birmingham shall give pubic notice of its intention to redeem this bond before the dates above prescribed by publication once a week for three consecutive weeks in daily newspaper published in Birmingham, Ala, sad notice to contain description of this bond by number and series.
 This bond is issued by virtue of and in pursuance of sections 1409 and 1Ao of the code of Alabama, 1907 and acts amendatory thereof, and supplemental thereto, and of ordinance ol the city of Birmingham duly passed, approved and published
 This bond is issued for the purpose of providing funds for the payment of cer- tain municipal improvements made un- der improvement ordinance No. -.
 This bond is q general obligation of the city of Birmingham and the full faith and credit of said city of Birmingham are hereby pledged for the prompt pay ment of the principal and interest hereof, and it is hereby certified, recited and de- clared that every requirement of the con- stitution and laws of Ala bama relating to the issue hereof has been duly com piled with and that this bond is within every debt and other limit prescribed by the constitution and laws of the state of Alabama. In addition to being a general obligation of the city of Birmingham this bond is also secured by assessments against the property benefited by said improvements and the funds arising from said assessments are sacredly and irrevoc- a in- terest hereof.
 In witness whereof, the said city of Bir- ming ham has caused it's seal to be hereto | affixed, and this bond to be signed by the president of the commission and the city comptroller and ex offco city treas urer, and the coupons hereto attached to bear the facsimile signatures of said president and city comptroller and this bond to be dated the 1st day of August, 1916.
 President of the Commission of the City
 of Birmingham. Alabama.
 City Comptroller and Elk Officio City
 Treasurer of the City of Birmingham,
 Alabama.
 (FORM OF CoUPoN)
 On February 1st, August 1st, 18-, the city of Birmingham, Ala bama, will pay to the bearer at the Hanover National bank
  Thirteen and Seventy-five one-hundredth Dollars t$13.75) in gold coin, being six months interest then due on it's city pub He improvement gold bond, dated August 1st, 1916.
 No .......... Series .. ...s.................., President of the Commission of the City of Birmingham, Alabama. City Comptroller. Coupon No. ............. That the provision for registration to be printed on the said bonds shall be in substantially the following form, to- wit:
 REGISTRATION.
 This bond may be registered in the owners name at the office of the city comptroller. in Birmingham, such reg istration being noted upon the bond by said comptroller, after which no trans fer shall be valid unless made on the treasurers books by the registered owner and similarly noted on the bond. but the same may be discharged from registration by being transferred to bearer and the transfer to bearer noted hereon, after which it shall be trans ferable by delivery. but 1t may be again registered as before. The regis tration of the bonds shall not restrain the negotiability of the coupons de- livered, but the coupons may be sur rendered and the interest made pay able only to the registered holder of the bond.
 In Whose
 Date of Name City Registration: Registered: Comptroller: --- ------------- ----------------