The Birmingham age-herald., 1917-03-22

attached to the same coupons which snail be signed by the president of the commission of said city and counter signed by the city, comptroller. ex onicio city treasurer but their fac slmiie signatures may be lithographed ed or engraved upon said coupons. said ponds and interest coupons shall be payable in gold coin of the United states Of America of the present stan dard weight and fineness at the Ham, over National bank in the city and state of New York. And said bonds may be registered as to principal in the name of the holder thereof in the manner prescribed in the form of bond hereinafter provided
 Sec 2. That the form of said bonds shall be substantially as follows. UNITED STATES OF AMERICA STATE OF ALABAMA CITY OF BIRMINGHAM PUBLIC SCHOOL BOND No. s10O0 % hnow all men by these presents, That the city of Birmingham a nunicjnaI cor poration in the state of Alabama. ac- knowledges itself indebted to the bearer hereof in the sum of one thousand (s1O0o) dollars, which sum 1t promises to pay on the 1st day of June 1947. together With interest on said sum from the date hereof until paid, at the rate of four and one-half (41A) per centum per annum. payable semi-annually on the 1st day of December and on the 1st day of June. on presentation and surrender of the inter- est coupons hereto attached as they sev- eraily become due, both principal and in terest being payable in gold coin of the unted States of America of the pres ent standard weight and fineness at the Hanover National bank in the city and state of New York. This bond may he registered as to principal, the registry to be certifieds hereon by the city comm troller. and is subject to successive regis trations or transfers as to principal at the option of the holder. This bond is issued under and in pursuance of the constitution and laws of the state of Ala bama including, among others. an act entitled, An act to authorize the hold Ing Of elections by municipal corporations in the state of Alabama for the purpose ot obtaining authority to issue bonds for public purposes herein defined. and to provide for holding such elections and declaring the result thereof and to au- thorize the issue of such bonds when a majority of the voters participating in such election vote in favor of the issue Of such bonds, and to regulate the issue. execution, sale and security of such bonds.' Approved August 26 19O9 and an act to amend section 2 of said last above mentioned act. approved February 20, l9lo, and under and in pursuance of special election duly held June 5, l916 under said act and the laws of sad state and in pursuance of ordinances and proceedings of said city duly held, passed and adopted; this bond being is- sue for the purpose of purchasing cer- tain real estate for the site of school buildings to be used for public school purposes and for constructing school buildings for the use of the city of Bir- l mingham and for repairing certain school buildings and making additions thereto. ana for equipping and furnishing the school buildings so constructed, and for equipping and furnishing the additions to the present school buildings.
 It is hereby certified recited and de- clared that all acts, conditions and things 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 other Indebtedness of the city of Birmingham, does not exceed any limit prescribed by the constitution or statues of said state This bond and the interest coupons hereto attached are exempt from state, county and municipal taxation, and, after the respective maturity thereof, shall be I iOSCiSdDAc III pay yIueHt OI all taxes ana dues to the city of Birmingham In testimony whereof, The city of Bir- mingham has caused this bond to be signed by the president of the commits sion of the city of Birmingham, Ala bama, and countersigned by the city comptroller and ex officio city treasurer, and the official seal of said city to be impressed hereon, attested by the city clerk and the coupons hereto attached to be signed with the engraved fac-simile signature of said president and said city comptroller. and this bond to be dated this the 1st day of June, one thousand nine hundred and seventeen
  President of the Commission of the City
 of Birmingham. Alabama.
 Countersigned:
 -....'.....-.......... City Comptroller and FIX Officio City
 Treasurer of the City of Birmingham
 Ala.
 Attest: