The Holly chieftain., 1921-09-29
tached to each bond thirty
coupons. numbered consecutively

tached to each bond thirty
coupons. numbered consecutively
from one to thirty, both numbers
inclusive, each coupon representing
the semiannual installment OF the
interest on each bond to which it
is attached, which said coupons
shall be executed with the litho-
graphed or engraved fac simile sig
nature OF the Town Treasurer and
said coupons when SO made, execut-
ed and delivered as part OF said
bond to which the same are attach
ed. shall be the lawful obligations
of said town securing the payment
OF interest in the hands OF all per-
sons to whom they may come.
Section 2. The said bonds and
the coupons thereto attached shall
be in substantially the following
form:
UNITED STATES OF AMERICA
STATE OF COLORADO
County of PrOwers. Town of Holly
WATER WORKS EXTENSION
BOND
Series Of September ], 1921.
No.---~--- sl,OOO.OO
THE TOWN OF HOLLY, in the
County of Prowers and State OF
Colorado. acknowledges itself in
debted. and hereby promises to pay
20 bearer
ONE THOUSAND DOLLARS
in lawful money of the United
States of America. for value re
ceived, on the First day of Septem-
Der, A. D. 1896, with interest at the
rate of six per centum t6l per an
1um, payable semi-annually on the
First day of March and the First
lay of September in each year. up
On presentation and surrender Of
5he attached coupons as they sever.
lily become due. both principal
md interest being payable at the
office of the town treasurer in Hol.
ly, Colorado, or at the Bankers
rrust Company of Denver, Colora-
10. U. S. A. at the option Of the
aolder, and for the prompt pyament
VI this bond, both principal and
interest, the full faith, credit and
'esources of the town of Holly are
hereby irrevOcably pledged.
The said town herby reserves
he right to pay this bond at any
;iIne on or after the lst day of Sep.
cmber. A. D. 1881.
This bond is issued by the Town
,f Holly for the purpose OF the con
Struction, enlargement and exten.
ion of waterwOrks and supplying
laid town with water. under the
authority of and in full conformity
With the constitution of the State
Of Colorado, the provisions of Chap
Ter l47 OF the Revised Statutes Of
Colorado, 1903, and an act of the
General Assembly, entitled, An
Act to enable the several towns
and cities of the State of COlordo
TO Contract an Indebtedness and to
;ssue bonds approved March 10,
1919, and in pursuance of an Ordin-
ance of said town, duly and legally
adopted, published and made law
of said town.
And it is hereby certified and re-
cited that all acts, conditions and
things required by the laws and
constitution of the State of COlora-
do to be done precedent to and in
the issueing of this bond necessary
to make the same legal and valid
have been properly done and been
performed, in regular and due time,
form and manner; and that the tot.
al debt of the town including that
of this bond. does not exceed any
limit of indebtedness prescribed by
the constitution or laws of the state
of Colorado, and that provision has
been made for the levy and collec.
ton of an annual tar sufficient to
pay the interest on this bond and
also discharge the principal thereof
when the same becomes due.
IN TESTIMONY WHEREOF, the
Town of Holly has caused this bond
to be signed by the Mayor of said
town, attested by the clerk there
OF. under the seal of the town, and
countersigned by its treasurer, and
has caused the attached interest
coupons to be executed with the
fac simile signature of the town
treasurer, as of the First day OF
September, A. d. 1921.