The Birmingham age-herald., 1919-09-09
ge- Herald. September g, 1919.
Ordinance No. 646-C

An ordinance to provide for the issu-
 ance of five hundred thousand
 ($5OO,O ,OOO) dollars of bonds of the
 city of Birmingh ham for the purpose
 of purchasing real estate necessary
 for the site of building to be used
 for a combination city hall and pulp
 lie library, and for the erection and
 establishment thereon of . conoi-
 nation city hall and public library.
 Whereas, an election was held i'll 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, waeth CT or not they would authorize the com mission of the city of Birmingham 10 issue the bonds of the city of Birmiug ham tc the amount of five hundred thousand dollars ts5co, o,OooOo) for the purpose of purchasing real estate nee essary for the site of building to be used for combination city hall and public library, ord for rhe erec- tion Pnd establishment thereon If a combination city hall and public library. and,
 NVher eas. at suc?i election q majority ot the qualified voters of sai1 city voting at said cleo ion votel ill favor of saic proposition and in favor Of the issuance of said bonds, and
 Whereas, on the 18th day of Au- gust, 1919, the election commission of the city of Birmingham, did meet tt it's usual place of meeting in the city of Birmingham, and did canvass the returns of said election, anl 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 commissions of the city of Birmingham as follows:
 Section 1. That the bonds of the city of Birmingham, Ala, shall be is- sued for the purpose of purchasing real estate necessary for the site of a building to be used for a combination city hall and public library and for the erection and establishment thereon of a combination city hall and public library. in conformity with said au- thority as follows:
 The aggregate amount of said bonds to be presently issued shall be five hundred thousand (s500 00O.00) dollars. The denomination of said bonds shall be one thousand dollars (s1.000.0O). and the number shall be five hundred (5oo), numbered from one CD to five hundred (500). inclusive; the issue shall be as of date of the first day of December, 1919, and said bonds shall run for 10 (10) years from date; the rate of in- terest shall be five per centum 6 per cenD per annum, payable semi-annu- ally, on the first day of June and on the first day of December in each year, and all such bonds shall have attached to the same coupons. which shall be signed by the president of the commis- sion of said city of Birmingham, 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 paya- ble in gold coin of the United States of America of the present standard weight and fineness at the Hanover National hank in the city and state of New York. And said bonds may be regis tered as to principal in the name of the holder thereof in the manner pre- scrbed in the form of the bonds here matter provided.
 Sec. 2. That the form of said bonds shall be substantially as follows: UNITED STATES OF AMERICA STATE OF ALABAMA CITY OF BIRMINGHAM
 COMBINATION CITY HALL AND PUB LIC LIBRARY BOND
 No. -. $1.o00.0o.
 Know all men by these presents that the city of Birmingham, municipal corporation in the state of Alabama, acknowledges itself indebted to the bearer hereof in the sum of one thou sand dollars H1,o0o.o0). which sum it promises to pay on the first day of De- cember 1929. together with interest on said sum from the date hereof until paid. at the rate of five per centum (5 per cent) per annum. payable semi annually on the first day of June and on the first day of December, on pre- sentation and surrender of the interest coupons hereto attached as they sever ally 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 registered as to principal the registry to be certified hereon by the city comptroller. and is subject to successive regiStra tions or transfers as to prineina1