The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-06-09

Nos. 81 70 lds both Inclusive, 5000,
Nos. 1os 70 lOs both inclusive, $4,000,
Nos. 1OS to ia both inclusive. 5000,
Nos. IFS to 100 both inclusive, 5000,
April !, l94k
Nos. 12l to 12s both inclusive, 5000,
April l. 1916.
Nos, l27 10 1872 both Inclusive, 5000,
April /, 1886.
Nos. 135 70 lSs 10Th inclusive. 5000,
April l, 1877.
Nos, l3s to IA both inclusive, 5000.
April l, 1913.
Nos. las to $50 both inclusive, $4,000,
April 1. 1s49.
Said bonds and interest coupons shall
be payable at the city hall in Mem
phis. Tennessee, OF. at the option Of
the holder. at the United States Mort
gage and Trust company In the city
and state OF New York. Said bonds,
both principal and interest, shall be
payable in lawful money Of the United
States of America.
Sec. 3. Be il further ordained, that
said bonds and coupons thereto at
tached shall be in substantially the fol-
lowing form, to-wit;
UNITED STATES OF AMERICA
STATE OF TENNESSEE
CITY OF MEMPHIS
TUBERCULOSIS HOSPITAL BOND.
Know all men by these presents,
That the city Of Memphis, a municipal
corporation organized and existing
under h laws Of the State Of Ten
nessee, hereby acknowledges itself in
debted and promises to pay to the
bearer hereof the sum of one thousand
$1,000 dollars on the first day of April,
H., with interest thereon at the
rate of per cent per annum, pay
III semiannually on the first day OF
April and october, upon presentation
and surrender of the coupons hereto
annexed. as they s~everally become due,
able in lawful money OF the United
States Of America at the city hall In
Memphis, Tennessee, or, at he option
Of the holder, at the United States
Mortgage and Trust Company, in the
city and state OF New York.
This bond is one of a-series of bonds
OF like date, tenor and effect, num-
bered from No. l upward consecutiyely,
issued to an amount not exceeding In
the aggregate the principal sum of one
hundred fifty thousand $3.50, 000) dol
lars, for the purpose of providing funds,
IN connection and by cooperation with
Shelby County, Tennessee, to erect and
equip a tuberculosis hospital or tuber-
culosis hospitals, pursuant to n In
conformity to the provisions of Chapter
296 Of the Private Acts Of the general
assembly OF the State OF Tennessee for
the year 1919, and further pursuant
to an ordinance passed on final reading
by the Board of Commissioners OF the
City OF Memphis on the ......day OF
....... 1918.
This bond is issued under and pur-
suant to n in strict conformity with
the constitution and statutes of the
state Of Tennessee, and charter of the
said City Of Memphis, and amend
ments thereto, and ordinances OF pro-
Ceedings duly passed and adopted.
II Is hereby certified, recited and
declared that all acts, conditions and
things required to be done, exist, hap
pen and be performed precedent to and
In the issuance Of this bond, have been
done, have existed and have happened,
and have been performed in regular
and due form and manner, as required
by the constitution and statutes .oi
said state, and the charter of said city,
and that this bond, together with all
other Indebtedness of said City Of
Memphis, does not exceed any limit
prescribed by the constitution and
statutes of said state or charter Of
said city.
The fun faith and credit of said city
of Memphis is hereby pledged for thu
prompt payment of the principal ant
interest OF this bond, as the anne shall
respectively become due
The board of commissioners, or othel
governing body or legislative agency o.
said city, are irrevocably pledged t
levy and collect, in addition to all othel
taxes authorized by law, an annual ta1
sufficient to realize such sum as ma,
be necessary to pay the interest OF
this bond and the principal at maturity
This bond shall have all the qualities
of negotiable paper under the law mer
chant, and shall not be invalid for an.
~irregularity or defect in the proceeding
for the issuance and sale hereof, ant
shall be incontestable in the hands of
bona fide purchaser for value.
This bond may be registered as Y
principal only in the name Of the holder
the city Clerk inc is subject to sue
cessive registrations or transfers at tn
option Of the holder of this bond. Afte
registration no transfer shall be vail
unless made on the books Of the cit
clerk by the registered holder or b
attorney and similarly noted on tn
bond, but same may be discharged fror
registration by being transferred t
bearer, after which It shall be trans
ferable by delivery, but it may agai
be registered as befores The registra
ton OF the bonds as to principal sha
not restrain the negotiability of tn
coupons by delivery merely.
In witness whereof, said city of Mem
phis has caused this bond to be signe
by its mayor and city clerk, and tn
corporate seal of said city to be al
fixed thereto, and the coupons attache
to this bond to bear the photographic
signature OF the mayor. and this bon
to be dated the list day of April. 1911
.s.....,.
Mayor, City Of Memphis, Tenn.
Attest: