The Birmingham age-herald., 1921-05-14

ments against the property pehelieeu by said improvements and the funds arising from said assessments are sa- credly and irrevocably pledged Tor 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 Commission and the City Comptroller and ex-officio City Treasurer, and the coupons hereto attached to bear the fac-simile signatures Of said Presi- dent and City Comptroller and thls bond to be dated the sixth day of June, 1921.
 .................
 President of the Commis-
 sion of the City of Bir-
 ningham, Alabama.
 '''''
 City Comptroller and ex-
 Officio City Treasurer
 of the City of Birming-
 ham, Alabama. 8-
 (FORM OF COUPON ,..a s.
 June 6th, On December 6th, 19 the City or Birmingham, Alabama, will pay 10 the bearer at the Hanover National Bank in the City and State of New York, Seventeen and Fifty One -hundredtns ($17.50) Dollars, in gold coin, being SIX months interest then due on it's City Public Improvement Gold Bond. dated June 9th, 1921, No. ..... Series 924-C.
 .................i.
 President of the Comn,is-
 sion of the City of Bir-
 mingham, Alabama.
 
 City Comptroller. Coupon No. .........
 That the provision for registration to be printed on the said bonds shall be in substantially the following form. to- wit:
 This bond may be registered ih the owners name at the office of the City Comptroller in Birmingham, such reg istration being noted upon the pond by said Comptroller after which no transfer shall be valid unless made on the Treasurer's books by the registered owner and similarly noted on the bond but the same may be discharged from registration by being transferred te bearer and the transfer to bearer noted hereon, after which it shall be trans ferable by delivery, but it may be again registered as before. The reg istration of the bonds shall not re- strain the negotiability of the coupons delivered, but the coupons may be surrendered and the Interest made pay able only to the registered. holder oi the bond.
 Date of In Whose guy Regis- Name Comp tration Registered ,troller .... .............. .......'. ............ ..'...s.
 .,............ ...s.i. ..7. In accordance with a. provision IT this bond, the coupon sheet issued here with has been surrendered by the holder of this bond and the coupons have been cancelled by the City Comp troller. Semi-annual interest on tnis bond is hereinafter to be paid to tne registered owner or order upon the nroner acknowledgment of the re. ceipt therefor. E Dated Birmingham, Alabama. .....' ................, 19..... afE
 .................7. 7.'.s. -,. F. .,' %
 City Comptroller. Section 8. The City Comptroller and ex-officio Treasurer of the City ol Birmingham, shall keep an accurate account of all funds arising rom ai- assessments for the public lmprove, ments hereinbefore specified ana snal carefully and accurately keep a sepa' ra te account of the fund arising rom the collection of assessmeA unoei each particular improvement oroanance and the proceeds arising from assess ments levied for each of the apove m proyements shall be applied to the payment of the bonds or coupons IS sued in respect of such improvements and the City Comptroller ana eN-olticie Treasurer of the City of Birmingnan is hereby authorized and directed with ont further action by this Commis sion to pay the interest upon the saie bonds and the principal tnereoI "nel the same shall mature out .9 ol .ns prv ceeds arising from the said assessments and out of any other funds of the cits Section 4. This ordinance shall talk effect immediately.
 N. A. BARRETT,
 President of the Commission. A true copy. S~,s
 H. $. Ryall. City Clerk.
 Age Herald, May IA, 1921.