The Birmingham age-herald., 1922-01-14

l adopted as a sufficient and authentic execution of said coupons. That pro- vision shall be and is hereby made Tor the registration of the said bonds In the name of the owner or holder thereof, and the said Comptroller is nereoy authorized and empowered to register the 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 z
 STATE OF ALABAMA
 CITY OF BIRMINGHAM CITY PUBLIC IMPROVEMENT GOLD | BOND
 No..... Series $500. oO
 The City of Birmingham. in the State of Alabama, for value received hereby promises to pay to bearer the sum of five hundred dollars on the 10th day of February, 1882, with in- l terest thereon at the rate of six per centum (6 per cenD per annum. pay able semi-annually on the 18th days of February and August in each wear on the 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 ent 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 to successive registrations or trans fers at the option of the holder The coupons may be separated from this I bond q A 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 l tenor, aggregating .............4...'. .@...... 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 or 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 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 publi- cation once week for three consecu- tive weeks in a daily newspaper pub- llshed in Birmingham. Ala said mo- tice to contain a description of this bond by number and series.
 This bond Is issued by virtue of and 1 in pursuance of Sections 1909 and l4lO of the Code of Alabama. 1907. and acts amendatory thereof and sup plemental thereto and of an ordi- nance or the City of Birmingham duly passed approved and published
 This bond Is issued for the purnose or providing funds for the payment of certain municipal Improvements under Improvement Ordinance No. -
 This bond is general obligation of the City Of Birmingham and the full faith and credit of said City of BIT rmingham are hereby pledged for 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- 'deAh6 Ao lnt issue neTeOI mas 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- tfon 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 irrevocab1y 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 t,.e President of the Commission and the City Comp troller and ex-officio Git Treasurer and the coupons hereto attached to bear the fac-simile signatures of said President and City Comptroller and this bond to be dated the 18th day of February. 1922.
 .....'.'. .......... President of the Commission of the
 City of Birmingham, Ala.
 .................. City Comptroller and Ex- Officio City
 Treasurer of the City of Birmng-
 ham, Ala.
 (FoRM OF COUPON
 February IS,
 On August Is, 19---. the City of Birmingham, Ala, will pay to the bearer at the Hanover National bank in the City any State of New York fifteen (S15.00) dollars, in gold coin, being six months interest then due on it's City Public Improvement Gold Bond. dated February Is, 1922, No. -. Series -.
 ............... President of the Commission of the
 City of Birmingham. Ala
 
 City Comptroller. Coupon No. -.
 That the provision for the registra- tion to be printed on the said bonds shall be in substantially the follow ing form, to-wit: