The Birmingham age-herald., 1924-08-13

l City Comptroller as Ex-Officio City Treasurer, but their fac-simile sigma lures may be Autographed or engraved upon said coupons. Said bonds and said coupons shall be payable in gold coin of the United States of America of the present standard weight and fine ness at the Hanover National Bank in the City and State of New York. Said bonds may be registered as to principal in the name of the holder thereof in the manner prescribed in the form of the bond hereinafter provided.
 Section 2. That the form of said bonds other than those numbered 3491 to $500, both inclusive, shall be sub- stantially as follows:
 UNITED STATES OF AMERICA
 STATE OF ALABAMA
 CITY OF BIRMINGHAM
 PUBLIC SCHOOL BUILDINGS No. ....... $1,00O.00
 KNOW ALL MEN BY THESE PRESENTS, that the City of Birming- ham, a municipal corporation, in the 1 State of Alabama, acknowledges itself indebted to the bearer hereof in the sum of One Thousand Dollars | ($1,000.00), which sum it promises to l pay on the first day of October, 19. ., 1 together with interest on said sum from the date hereof until paid, at the rate of five per centum 0 per cent) per annum, payable semi-annua1ly on the first day of April, and on the first day of October on presentation and surrender of the interest coupons hereto attached as they severally be- come due, both principal and interest being payable in gold coin of the United States of America of the pres ent standard weight and fineness, at the Hanover National Bank, in the City and State of New York. This bond may be registered as to principal, the registry to be certified hereon by the City Comptroller, and is subject to successive registrations or transfers as to principal at the option of the holder. This bond is issued under and in pur- suance of the Constitution and laws of the State of Alabama, including among others an Act entitled, "An Act to authorize the holding of elections by municipal corporations in the State of Alabama for the purpose of obtaining authority to issue bonds for public pur- poses herein defined, and to provide for holding such election and declar- ing the result thereof, and to author ize the issue of such bonds when majority of the voters participating in such election vote in favor of the is- sue of such bonds" and to regulate the issue, execution, sale and security of such bonds approved August 26th, 1909, and an Act to amend Sec tion Z of saidslast above mentioned Act, approved February 20th, 1915, also an Act 10 amend Section 2 of said above mentioned Act, approved September 25th, 1919, and under and in pursu- ance of a special election duly held May 18th, 1924, under said Acts and the laws of said State, and in pursu- ance of ordinances and proceedings of said City duly held, passed and adopt ed this bond being issued for the pur- pose of purchasing or acquiring real estate for the sites of buildings to be used for public schools, for construct ing buildings. to be used for public schools of the City of Birmingham, for repairing buildings to be used for pub lie schools of the City of Birmingham, for making additions thereto, altera- tions, enlargements, or extensions thereof, and for equipping and furnish ing buildings used or to be used for public schools of the City of Birming- ham.
 It is hereby recited, certified and de- clared that all acts, conditions and things required to exist, happen and be performed precedent to and in the is- suance of this bond have existed, hap pened, and been performed in regular and due time, form and manner as re- quired by law and that this bond, to- gether with all other indebtedness of nf NUbo ceed any limit prescribed by the Con- stitution or statutes of said State. This bond and the interest coupons hereto attached are exempt from State, county and municipal taxation, and after the respective maturity thereof shall be re- ceiyable in payment of all taxes and dues to the City of Birmingham.
 IN TESTIMONY WHEREOF, the City of Birmingham has caused this bond to be signed by the President of the Commission of the City of Bir- mingham, Ala, and countersigned by the City Comptroller and ex-officio City Treasurer, and the official seal of said city to be impressed hereon, at tested by the City Clerk, and the cou- pons hereto attached to be signed with the engraved facsimile signatures of said President and said City Comptrol- Ter, and this bond to be dated this, the first day of October, 1924.
 
 President of the Commission of the City of Birmingham, Ala. Countersigned
 
 City Comptroller and lEx-Officio
 City Treasurer of the City of
 Birmingham, Ala.
 Attest:
 '''-'4s ''''' ''''s' s"......
 City Clerk.
 7. COUPON
 On the. ...... day of.........., of 10. e, the City of Birmingham, in the State of Alabama, will pay to bearer at the Hanover National Bank, in the | City and State of New York, twenty five and no-100 dollars in gold coin of the United States of America of the present standard weight and fineness being the semi-annual interest then due | on its public school buildings bond, dated. d............th the. ......., 19. President of the Commission of the
 City of Birmingham, Ala.
 Countersigned
 
 City Comptroller, Ex-Oificio City Treasurer.