The Birmingham age-herald., 1922-02-08

ana coupons shall be signed by the President of the Commission of the City of Birmingham, Alabama, and the City Comptroller, the said City Comptroller being ex-officio Treas urer of the City of Birmingham, but the signRtures upon the said coupons shall be by the Autographed or en- EraVed fac-simile signatures of the said President and Comptroller, which fac-simile signatures are hereby adopted as a sufficient and authentic execution of said coupons. That pro- vision shall be and is hereby made for the registration of the said bonds in the name of the owner or holder thereof, and the said Comptroller Is hereby authorized and empowered to register tho said bonds in the name of the owner. both as to principal and interest, or only As to principal, in the manner and form hereinafter pre- scribed. The form of the said bonds shall be substantially as follows:
 UNITED STATES OF AMERICA
 STATE or ALABAMA
 CITY or BIRMINGHAM
 CITY PUBLIC IMPROVEMENT GOLD
 BOND
 No... Series. $500 co
 The City of Birmingham, in the State of Alabama, for value received hereby promises to pa yto bearer the sum of five hundred dollars on the 18th day of February, I93s, with in- terest thereon at the rate of six per centum G per cent) per annum, pay able semi-annuaily on the 18th days of February and August in each year on tho surrender of the respective interest coupons hereto attached as they severally mature, both principal and interest being payable in gold coin of the United States of the pres snt standard of weight and fineness, at the office of the Hanover 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 subject ters 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 8 series of bonds of like date, denomination and tenor, aggregating ................. ........ dollars and numbered con- secutively from one to .............. inclusive. The City of Birmingham reserves the right to redeem said se- ries, including this bond. in numerical order, before maturity in the follow ing manner: One bond of said series and such additional number of bonds as, together with said bond, shall not exceed in the Aggregate one-fifth part of such series, on the 18th day of February, 1924, and a similar num- Der of bonds on the 18th day of Feb ruary, in each year thereafter, by paying to the holder or holders there of as a bonus a sum equal to one half the annual interest on the bonds redeemed, and the City of Birming- ham shall give public notice of it's intention to redeem this bond before the dates above prescribed by publ- cation once a week for three consecu- tive weeks in a daily newspaper pub lished in Birmingham, Ala, said mo- tiee to contain a description of this bond by number and series.
 This bond is issued by virtue of and in pursuance of Sections 14o9 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 providing funds for the payment of certain municipal improvements under Improvement Ordinance No. -.
 This bond Is Q general obligation of the City of Birmingham and the full faith and credit of said City of Birmingham are hereby pledged Tor the prompt payment of the principal and interest hereof. and it Is here by certified. recited and declared that every requirement. of the Con- stitution and Laws of Alabama re- lating to the issue hereof has been duly complied with and that this bond Is within every debt and other limit prescribed by the Constitution and Laws of the State of Alabama. In addition to being a general obliga- ton of the City of Birmingham, this bond Is also secured by assessments against the property benefited by said Improvements and the funds arising from said assessments are sacredly and irrevocably pledged for the principal and interest hereof.
 Tn witness whereof. the said City of Birmingham has caused its 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 Pres ident and City Comptroller and this bond to be dated the 18th day of Feb ruary. 1929.
 ......-'..... President of the Commission of the
 City of Birmingham, Ala.
 
 City Comptroller and Ex-Officio City
 Treasurer of the City of Birming
 ham, Ala.
 (FoRM OF COUPON ma
 February 15.
 On August Is. 1s---. the City of Birmingham. Ala. win pay to the bearer at the Hanover National bank in the City and State of New York fifteen (s15.o0) dollars, in gold coin, being six months interest then due on its City Public Improvement Gold