The Birmingham age-herald., 1924-08-22

and the remaining three-fourths five (bl years later, together with interest on said sum from the date hereof until paid, at the rate of five per centum o per centum) per annum, payable semi-annually on the first day of April and on the first day of October, on presentation and surrenderNpf the in- terest coupons hereto attached as they severally become due, both principal and interest being payable in gold coin of the United States of America of the present standard weight and fineness at the Hanover National Bank in the City and State of New York. This bond shall be presented at the place of pay ment upon the date when the first one fourth of the principal amount thereof is due, in order that an endorsement may be stamped upon the bond show ing the payment of the first one-fourth of the principal amount thereof This bond may be registered as to principal, the registry to be certified hereon hy 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 declaring the result thereof, and to authorize the is- sue of such bonds when a majority of the voters participating in such cleo tion vote in favor of the issue of such bonds, andt to regulate the issue, exee cution, sale and security of such bonds,s approved August 26th, 1909, and an Act to amend Section 2 of said last above mentioned Act approved Feba ruary 20th, 1915, also an Act to amend Section 2 of said above mentioned. .AGt approved September 25, 1919, and under and in pursuance of special election duly held May 18th, 1924 uf- der said Acts and the laws of said State, and in pursuance of ordinances and proceedings of said City duly held, passed and adopted; this bond being issued for the purpose of acquiring site for a free public library, for erect ing, furnishing, equipping and maintain ing a free public library building, and for establishing a free public library, and for extending, enlarging, improving, NcpdfEAHSy -SAutppAHS dhu AuAAlohAuS@ lnC same. at
 It is hereby recited, certified and de clared that all. acts, conditions and things required to exist, happen and De 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 res Quired by law, and that this bond;y Ft0s gether with all other indebtedness nof the City of Birmingham does not,,exs 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- ceivable in payment of all taxes and dues to the City of Birmingham. S@7aq
 IN TESTIMONY WHEREOF; the City of Birmingham has caused cthia bond to. be signed by the Presidentoof the Commission of the City of Birming. ham, Ala, and countersigned by: the City Comptroller and ex-Officio City Treasurer, and the official seal of said City to be impressed hereon, attested by the City Clerk, and the coupons hereto attached to be signed with the engravedi facsimile signatures of said President, and said City ComptrolleF; and this bond to be dated this, the first day of October. 1924 tttZ