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

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 the holding of elections by municipal 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 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 18th 1919, under said act and the laws of said state, and in pursuance of ordi- nances and proceedings of said city duly held, passed and adopted: this bond being issued for the purpose of pur- chasing real estate necessary for the site of building to be used for com bination city hall and public library and for the erection and establishme ent thereon of a combination city hall and public library.
 It IS neFepy TeClleu, CeTllIleu ana uS- clared that all acts, conditions and things required to exist. happen, and be performed precedent to and in the issu- ance of this bond, have existed, hap pened and been performed in regular and due time, form and manner, as re- quired by law, and that this bond, to- gether with all other indebtedness of the city of Birmingham, does not ex- ceed any limit prescbired by the con- stitution or statutes of said state. This bond and the interest coupons hereto attached are exempt from state, county and municipal taxation, and, after the respective maturity thereof, shall be receivable in payment of all taxes and dues to the city of Birmingham.
 In testimony whereof, the city of Birmingham has caused this bond to be signed by the president of the commits sion of the city of Birmingham, Ala. and countersigned by the city comp troller, and ex-officio city treasurer, and the official seal of said city to be impressed thereon, attested by the city clerk, and the coupons hereto attached to be signed with the engraved fac simile signature of said president and said city comptroller, and this bond to be dated this, the first day of De- cember, one thousand nine hundred and nineteen.
 President of the Commission of the
 City of Birmingham, Ala.
 Countersigned: .. City Comptroller and Ex-officio City
 Treasurer of the City of Birming
 ham, Ala.
 Attest:
 ...........,..'...
 City Clerk.
 COUPON
 On the - day of -, 19-, the city of Birmingham, in the state ot Alabama, will pay to bearer at the Han- over National bank in the city and state of New York twenty five and no-100 dollars in gold coin of the United standard weight and fineness. being the semi-annual interest then due on it's combination city hall and public li- brary bond, dated the -, 19-
 ..'....-.=.-...... ..'...'... President of the Commission of the City
 of Birmingham, Ala.
 Countersigned:
 City Comptroller. Ex-Officio City
 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 principal in the holders name on the books of the city comptroller of the city of Birmingham, such reigstratior being noted upon the bond by the city comptroller, after which no transfer shall be valid, unless made on sait comptroller's books by the registered holder and similarly noted on the bond but the same may be discharged from registration by being so transferred tc bearer, after which it shall be trans. ferred by delivery. but it may be agair registered as before The registration of the bond as to principal shall not restrain the negotiability of the cou- pons by delivery merely.
 (No writing hereon except by tht city comptroller).
 In Whose City
 Date of Name Comp Registration. Registered. troller ...-....... ........... .......... -........... .......-.. ..........
 Sec. 3. That the president of the commission be and he is hereby au. thorized and instructed to sign saiC bonds, and that the city comptroller ex- -officio city treasurer, be, and he is hereby authorized and instructed ro countersign the same, and that the city clerk be and he is hereby authorized and instructed to impress thereon the official seal of the city of Birming. ham, and attest the same.
 Sec. 4. That the city of Birming. ham will and shall levy and collect, in accordance with law, such taxes as may be necessary upon the real and per sonal property, and all other subjects of taxation in said city to pay the in. terest and principal of said bonds.
 Sec. 5. That the bonds provided fol in this ordinance shall, when duly signed and sealed. be delivered to the purchaser thereof upon payment of tho price and the receipt of the city comp troller, ex-officio city treasurer count ersigned by the president of the cor,- mission of the city of Birmingham, shal be full acquittal to the purchaser fol the purchase price, and the purchases shall not be bound to see to the appli cation of same.
 Sec. G. That all ordinances or resolu tions or parts of same, in conflict witt this ordinance, or any part hereof. b, and the same are hereby repealed Approved September s, 1919. N. A. BARRETT President of the Commission true copy. II. S. RYALL, City Clerk. Age-Herald. September 9, 1919. Ordinance No. 65O-C An ordinance to provide for the issu ance of two million ($2, ,oO0, ,0OO, dollars of bonds of the city of Bir minsham for the purpose of pur