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

| lows:
 The aggregate amount of said bonds to | be presently issued shall be two million 1 (s2, COG, ,00O) dollars. The denomination of
 said bonds shall be one thousand dollars l (s10C0), and the number shall be two 1 thousand t2000) numbered from one Q( to l two thousand GOOD, inclusive; the issue | shall be as of date the first day of April, | 1920, and said bonds shall run for thirty | (30) years from date; the rate of interest shall be five per centum 6 per cenD per
 annum, payable semi-annually the first day of October and on the first day
 of April in each year, and all such bonds | shall have attached to the same coupons | which shall be signed by the president of ] the commission of said city of Biminrg- l ham, and countersigned by the city comp | troller, ex-officio city treasurer, but their | fac smi1e signatures may be litho- graphed or engraved upon said coupons; 1 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 Ma | tional bank in the city and state of New | York. And said bonds may be registered
 as to principal in the name of the holder I thereof in the manner prescribed in the
 form of the bond hereinafter provided. l Sec. ?. That the form of said bonds
 shall be substantially as follows: | UNITED STATES OF AMERICA, STATE OF ALABAMA, l. CITY OF BIRMINGHAM. l PUBLIC SCHOOL BOND. l Mo- .. 5000 l Know all men by these presents. that l the city of Birmingham, a municipal cor poration in the state of Alabama, ac-
 knowledges itself indebted to the bearer hereof in the sum of one thousand dol l lars C$1000), which sunm it promises to pay on the first day of April, 19J0 to- 1 gether with interest on said sum from l the date hereof until paid, at the rate of l five per centum 6 per cent per annum, payable semi annually on the first day of October and the first day of Apirl, on presentation and surrender of the in- l terest coupons hereto attached they severally become due, both principal and ! interest being 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. This bond may be l registered as to principal, the reg- l istry to be certified hereon by the city
 comptroller, and is subject to successive registrations or transfers as to principal 1 at the option of the holder This bond | is issued under and in pursuance of the 1 constitution and laws of the state of Alabama, including. among others, an act entitled ''An act to authorize the hold- ing of elections by municipal corporations 1 in the state of Alabama for the purpose of 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- l 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. 1 execution, sale and security of such l de nd n act to amend Section of said last above
 mentioned act, approved February 20. l 1915, and under and in pursuance of a special election duly held August IS, 1919, under said act and the laws of said state and in pursuance of ordinances and pro- l ceedings of said city duly held, passed | and adopted; this bond being issued for | the purpose of purchasing real estate for the site of school buildings to be used for public school purposes, and for construct ing public school buildings for the use of the city of Birmingham, and for re> pairing certain school buildings and mak- ing additions thereto. and for equipping and furnshng the school buildings so con- | structed and other school buildings. 1 It is hereby recited, certified and de- 1 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. 1 form and manner, as required by law,
 and that this bond, together with all
 other indebtedness of the city of Bir. imingham, does not exceed any limit pre- scribed by the constitution or statutes of said state. This bond and the inter- est coupons hereto attached are exempt 1 from state, county and municipal taxa l ton, and, after the respective maturity thereof. shall be receivable in payment of all taxes and dues to the city of Bir- mingham.
 In testimony whereof, the city of Bir- 1 mingham has caused this bond to be signed by the president of the commits
 sion of the city of Birmingham, Ala, 1 and countersigned by the city comp
 troller and ex-officio city treasurer, and the official seal of said city to be im- pressed hereon, attested by the city clerk, l and the coupons hereto attached to be signed with the engraved fac-simile sig nature of said president and said city
 comptroller, and this bond to be dated this the first day of April. one thousand nine hundred and twenty.
 1 President of the Commission of the City of Birmingham, Ala.
 1 Countersigned:
 .................,..../. ./..... City Comptroller and Ex -officio City | IEcdSuTcI ol lic Ofty oA DIHilHSAdiH
 Ala.
 1 Attest: %
 l
 City Clerk. COUPON.
 On the. day of .............., 19.., the city of Birmingham, in the state of Ala fbama, will pay to bearer at the Hanover National bank in the city and state of New York twenty five and no 100 dollars in gold coin of the United States of America of the present standard weight land fineness. being the semi-annual in- lterest then due on it's public school bond. Dated. ............. the ............, 19... No..........
 ......................... President of the Commission of the City of Birmingham, Ala. Countersigned: | ........,.-................
 l City Commissioner. 1Ex-officio City l Treasurer
 | On the back of said bonds shall be the following provision for registration as to principal:
 PROVISION FOR REGISTRATION. This bond may be registered as to prin- cipal in the holders name on the books of the city comptroller of the city of Bir- mingham, such registration being noted lupon the bond by the city comptroller. after which no transfer shall be valid,
 unless made on said comptrollers books !! by the registered holder and similarly noted on the bond, but the same may be discharged from registration by being so | fran eff nrrad tn hea al fter Uhich if Sl,o II