The Birmingham age-herald., 1921-11-16

No Series $500. %
 The City of Birmingham, in the State of Alabama, for valued re- ceived hereby promises to pay to bearer the sum of five hundred dol lars onl the 1st day of December 1881, with interest thereon at the rate of six and one-half (615) per centuin per annum. payable semi annually, on the 1st days of June and December, in each year, on the surrender of the respective interest coupons hereto at. tached as they severally mature, both principal and interest being payable in gold coin of the United States of the present standard of weight and fineness, at the office of the Han over National bank in the City of New York, N. Y.
 This bond can be registered, the registration to be certified hereon by the city comptroller, and is sub ject to successive registrations or transfers at the option of the holder The coupons may be separated from this bond and surrendered to the city comptroller for cancellation in which case the interest will be paid to the registered holder or order.
 This bond is one of a series of bonds of like date, denomination and tenor, aggregating ............ dol lars. and numbered consecutively from l to ........, inclusive. The City of Birmingham reserves the right to redeem said series, includ- ing this bond. in numerical order, before maturity in the following manner: One bond of said series and such additional number of bonds as. together with said bond, shall not ex- ceed in the aggregate one-fifth part of such series, on the 1st day of De- cember. 1923, and similar number of bonds on the 1st day of December. in each year thereafter, by paying to the holder or holders thereof as a bonus sum equal to one-half the an- nual interest on the bonds redeemed, and the City of Birmingham shall give public notice of It's intention to redeem this bond before the dates above prescribed by publication once week for three consecutive weeks in d daily newspaper published in Birmingham, Alabama, said notice to contain a description of this bond by number and series.
 This bond is issued by virtue of and in pursuance of Sections 1409 and 1410 of the Code of Alabama, 1907, and acts amendatory thereof and sup plemental thereto. and of an ordi- nance of the City of Birmingham duly passed, approved and published. This bond IS Issued for the purpose of pro- ~~-v sJr the payment of certain municipaI improvements under Improvement Ordinance No.. ..
 This bond is a general obligation of the City of Birmingham and the full faith and credit of said City of Birmingham are hereby pledged for the prompt payment of the princi- pal and interest hereof, and 1t is hereby certified, recited and de- clared that every requirement. of the Constitution and laws of Ala bama relating to the issue hereof has been duly. complied with, and that this bond is within every debt and other limit prescribed by the consti- tuition and laws of the State of Ala bama. In addition to being a gen. eral obligation of the City of Bir- mingham this bond is also secured by assessments against the property benefited by said Improvements. and the funds arising from said assess ments are sacredly and irrevocably pledged for the principal and interest hereof.
 In witness whereof. the said City of Birmingham has caused it's seal to be hereto affixed, and this bond to be signed by the President of the l'Commission and the City Comptr9lier and ex officio City Treasurer, and the coupons hereto attached to bear the facsimile signatures of said Presi- dent and City Comptroller and this bond to be dated the 1st day of De- cember, 1921.
 
 President of the Commission of the City of Birmingham, Alabama ..--- =. :. {. :. City Comptroller and Ex Officio City Treasurer of the City of Birming- ham, Alabama.
 (FoRM OF COUPON
 June 1st, On December 1st, 19. :, the City of Birmingham, Alabama will pay to