The Birmingham age-herald., 1920-01-29
President of the Commission of the City of Birmingham, Alabama.
 COUNTERSIGNED ~

Comptroller, ex-Officio City Treasurer.
 On the back of said bonds shall Dt
 indorsed the following provision for
 registration as to principal: PROVISION FOR REGISTRATION
 This bond may be registered as 10
 principal in the holders name on the
 bceks of the City Comptroller of the
 City cf Birmingham, such registry be-
 ing noted on the bond by the City
 Comptroller, after which nc transfer
 shall be valid unless made on saia
 Comptrollers books hy the registered
 holder and similarly noted on the bond but the bond may be discharged from registration by being transferred tc bearer, after which it shall be trans ferredeby delivery, but it may be agaif- registered as before The registrAtiof
 of the bond as to principal shall not re
 strain the negotiability of the coupon.
 by delivery merely.
 (No writing hereon except by the City Comptroller)
 In Whose Date of Name City Registration. Registered. Comptroller, '''''-'..'' '...'...... .........-' -.......... ........... .......... ... ........ ......,.... ......... Sec. 8. That the President of tn, Commission be and he is hereby author-
 ized and instructed to sign said bonds that the City Comptroller, ex-offici, City Treasurer, be, and he is hereby au- thorized and instructed to ceuntersigr
 the same, and that the City Clerk be and he is hereby authorized and in-
 structed to impress on said bonds tho official seal of the City of Birmingham, and to attest the same.
 Sec. 4. Provision is hereby made for
 the continuance for the benefit of thu holders of said refundng bonds or any of them, of any due and uncollected spe cial assessments in respect of the origi nal improvements, and all such assess ments when collected, shall be placed in a separate fund and applied cnly ir the payment of the principal and in-
 tsrest of the refunding bonds authorized to be issued by the ordinance Sec. 5. The City of Birmingham will l and shall levy and colle in ac@ordauct with law, such taxes ae may be nece N sary upon the real ano personal arur erty and all other subj sls oe takssie in said city to pay the il steat saa pr.a cipal of said bonds.
 Sec. G. That the bonds prov Scc ss~S | this ordinance shall When duly slsm and sealed be sold in s1e uannef s quired by law, and shs tdereNfrae oE delivered to the purctaaof 4ppn 3arF | ment of the purchase se and the Fa- ceipt of the City Comptroller ax-offteia | City Treasurer, counte rnsa by lns 1 President of the Con sslcn ef the l City of Birmi ngham, sh bs g fpi lN- l quittance to the purc sser ard sad purchaser shall not be eouna to see ths Replication of the purcnasz uoncy Sec. 7 The proceeds derived From tho sale of said s247.00o refunding Dvhds shall be used only for the purpose ot settling, adjusting and refunding ths said bonded indebtedness represented by said S247000 public improvement bonds ! of the City of Birmingham, Alabama,
 maturing as hereinabove set forth, and upon the payment of said public im- provement bonds the same shall be cam celed and destroyed by the City Comp troller and ex-offcio City Treasurer of the City of Birmingham, Alabama, who shall report to this Commission the
 method in which said bonds were so cancelled and destroyed. Sec. &. That all ordinances or resolu- tions or parts of the same in conflict
 with this 0rdipance or any part thereof
 be and the same are hereby repealed. Sec. g. That this Ordinance shall take effect immediately.
 Approved January 24 l02er-4a x. A. BARRETT, President of the Commission true copy;