The Birmingham age-herald., 1919-09-10

ance of five hundred thousand l ($500, ,0o0) dollars of bonds of the city of Birmingham for the pur- pose of acquiring real estate for the site or sites of buildings neces- sary for the fire department, for | the erection theeron of buidling
 or buildings necessary for the fire 1 department, and for purchasing fire equipment for the fire department of the city of Birmin gham.
 Whereas, an election Was held in the | city of Birmingham, Ala. on the 18th day of August, 1919, for the purpose of submitting to the qualified voters of the city of Birmingham. Ala. for | their determination by ballot, whether i or not they would authorize the com | mission of the city of Birmingham to 1 issue the bonds of the city of Bir- mingham to the amount of five hun l dred thousand dollars ($500,000) for the purpose of acquiring real estate for the site or sites of buildings necessary for the fire department, for the erection thereon of a building or buildings nec- essary for the fire department, and for purchasing of fire equipment for the fire department of the city of Birmingham, and,
 Whereas, at such election a majority of the qualified voters of said city voting at said election voted in favor of said proposition, and in favor of the issuance of said bonds; and,
 Whereas on the 18th day of August 1919, the election commission of the city of Birmingham did meet at it's usual place of meeting in the city of Birmingham and did canvass the re- turns of said election, and did ascer- tain and declare that a majority of the qualified voters of said city voting at said election voted in favor of au- thorizing said issue of said bonds as aforesaid, and that said proposition had carried; now, therefore,
 Be it ordained by the commission of the city of Birmingham as follows
 Section 1. That the bonds of the city of Birmingham Ala, shall be issued for the purpose of acquiring real es- tate for the site or sites of buildings necessary for the fire department, for the erection thereon of a building or buildings necessary for the fire de- partment, and for purchasing of fire equipment for the fire department of the city of Birmingham, in conformity with said authority as follows:
 The aggregate amount of said bonds to be presently issued shall be five hundred thousand ($500,O00) dollars The denomination of said bonds shall
 
 and the number shall be five hundred (500), numbered from one CD to five hundred (500), inclusive; thea issue shall be as of date of the first day of April, 1920, and said bonds shall run for ten G0) years from date; the rate of interest shall be five per centum G per cen) per annum, payable semi annually on the first day of October and on the first day of April in each nd q lnp 1, ,toIl l..
 tached to the same coupons, which shall be signed bY-the president of the commission of said city of Birming- ham, and countersigned by the city comptroller. ex-officio city treasurer, but their fac-simile signatures may be Autographed or engraved upon said coupons; said bonds and said coupons shall be payable in gold coin of the United States of America of the present standard weight and fineness at the Hanover 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 the bonds 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
 FIRE DEPARTMENT BOND
 No. -. $1,000.00.
 Know all men by these presents, that the city of Birmingham, a municipal corporation in the state of Alabama, ac- knowledges itself indebted to the bear CT hereof in the sum of one thousand dollars ($1,000.00), which sum it prom ises to pay on the first day of April, 1930, together with interest on said eur, fhn data xl ( the rate of five per centum 6 per cent> per annum. payable semi-annu- ally on the first day of October and on the first day of April, on presenta- tion and surrender of the interest cou- pons hereto attached as they severally become due, both principal and interest being payable in gold coin of the Uni ted States of America of the present standard weight and fineness at the Hanover National bank in the city and state of New York. This bond may be registered as to principal. thc registry l to be certified hereon by the city comp troller. and is subject to successive registrations or transfers as to princi- pal at the option of the holder. This bond is issued under and in pursuance of the constitution and laws of the state of Alabama, including, among others an act entitled "An act to authorize thc hoiuiHS Ol cicCtiouS by Ilunlclpdl corporations in the state of Alabama for the purpose of obtaining authority to issue bonds for public purposes here- in defined. and to provide for holding such elections and declaring the re- suit thereof and to authorize 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" Ap- proved August 26. 1909 and an act to amend section ? of said last above mentioned act, approved February 20, 1915, and under and in pursuance of a special election duly held August IS, t19l9, under said act and the laws of said state and in pursuance of ordinances and proceedings of said city duly held passed land adopted; this bond being issued for the purpose of acquiring real estate for the site or sites of buildings necessary for the fire department, for the erec- tion thereon of building or buildings necessary for the fire department, and for purchasing of fire equipment for the fire department of the city of Bir- mingham.
 | It is hereby recited. certified and de- clared that all acts, conditions, and l things required to exist, happen. and be performed precedent to and in the is- suance of this bond, have existed, hap penee and been performed in regular and due time. form and manner. as re- quired by law, and that this bond, to- gethec with all other indebtedness of | the city of Birmingham. does not ex- ceed any limit prescribed by the con-