The Birmingham age-herald., 1917-02-14

1 903 1 to ?, inclusive ........,. 1000
 912 .... 800 | 9l4 1 to 2 inclusive . 1000 | 915 to 2 inclusive ........ 1000 1 923 ... 5G0 | The numbers of the above bonds are l inclusive. Said bonds shall be issued to pay for the unpaid part of the cost of l the said improvements respectively. The 1 said bonds shall be dated March l. 1917, | and shall bear interest at the rate of 51a l per centum per annum, payable semi annually at the Hanover National bank
 in New York city, on the 1st days of March and September in each year; pro- v1ded however, that the bonds of each of said series shall be redeemable by the city of Birmingham in numerical order before maturity in the following man ner 1 One bond and such additional number l of bonds of each series as together with
 said bond shall not exceed in the ag- gregate one-fifth part of such series on l the 1st day of March, 1919, and a similar number of bonds on the 1st day of March of each year thereafter by paying to the | holder or holders thereof, as bonus, a | sum equal to one-half of the annual in- l terest on the bonds redeemed notice of redemption to be given as prescribed in the form of bond hereinafter provided l Sec. 2. The said bonds shall be issued under the corporate seal of the city of Birmingham, and both bonds and cou-
 pons shall be signed by the president of
 the commission of the city of Birming- | ham, Ala. and the city comptroller the Isaid city comptroller being ex officio 1 treasurer of the city of Birmingham, but the signatures upon the said coupons shall be by the Autographed or engraved fac-simile signatures of the said presi- dent and comptroller, which fac-simile l signatures are hereby adopted as a suffi- nj nf16 coupons That provision shall be and is | hereby made for the registration of the l said bonds in the name of the owner or holder thereof, and the said comptroller | is hereby authorized and empowered to register the said bonds in the name of
 the owner, both as to principal and in- terest or only as to principal in the manner and form hereinafter prescribed The form of the said bonds shall be sub- istantially as follows:
 | United States of America, State of Ala | bama, city of Birmingham. city public 1 improvement gold bond. No.-- Series 1 $500 a l The city of Birmingham, in the state of Alabama, for value received, hereby
 promises to pay to bearer the sum of $500 on the 1st day of March, 1927, with interest thereon at the rate of 5h per centum per annum, payable semi-annually l on the first days of March and Septem- l Der in each year on the surrender of the I respective interest coupons hereto at- tached, they severally mature, both principal and interest being payable in gold coin of the United States of the present standard of weight and fineness, lat the office of the Hanover National
 bank in the city of New York, N. Y.
 | This bond can be- registered. the regis tra ation to be certified hereon by the city comptroller, and is subject to successive lCatr ricfy fif1,,Sy f1oa
 of the holder. The coupons may be sep
 arated from this bond and surrendered to the city comptroller for cancellation, in which case the interest will be paid to the registered holder or order
 This bond is one of series of bonds
 of like date, denomination and tenor, az l gregating ...................... dollars, and 1 numbered consecutively from one to ............ inclusive. The city of Birming- ham reserves the right to redeem said series, including this bond, in numerical order, before maturity in the following l manner: One bond of said series and Isuch additional number of bonds as to- l gether with said bond, shall not exceed in the aggregate one-f1fth part of such
 series. on the first day of March, l919 and a similar number of bonds on the first day of March in each year there
 after, by paying to the holder or hold CTS thereof as a bonus a sum equal to
 one-half the annual interest on the bonds
 redeemed, and the city of Birmingham
 shall give public notice of it's intention to redeem this bond before the dates above described by publication once a week for three consecutive weeks in g daily newspaper published in Brming- ham, Alabama, said notice to contain a description of this bond by number and series. rrf fs
 This bond is issued by virtue of and in nf ap pd of Inc. lcode of Alabama, 1907. and acts amenda- ltory thereof and supplemental thereto and of an ordinance of the city of Birming-
 ham duly passed, approved and pub
 lished.
 This bond is issued for the purpose of providing funds for the payment of cer-
 tain municipal Improvements made under
 improvement ordinance No. --. l. This bond is 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 here
 of, and it is hereby certified recited and
 declared that every requirement of the
 Constitution and laws of Alabama relat- ling to the issue hereof has been duly
 compiled with and that this bond is
 within every debt and other limit pre-
 scribed by the constitution and laws of
 the state of Alabama. In addition to be-
 ing @ general obligation of the city of
 Birmingham this bond is also secured by
 assessments against the property bene-
 fited by said improvements and the
 funds arising from said assessments are
 sacredly and irrevocably pledged for the
 principal and interest hereof,
 In witness whereof the said city of Bir-
 mingham has caused its seal to be here
 to affixed and this bond to be signed by ithe president of the commission and the
 city comptroller an ex officio city treas
 urer, and the coupons hereto attacked to
 president and city comptroller and this { bond to be dated the 1st day of March.
 1917.