The Birmingham age-herald., 1924-08-21

year from said date of issue. 0ne-fourth of Bond No.A GAS shall mature at the snid date of issue, and the remaining | three-fourths of said bond at the end of the twenty-eightk year from said date of issue. One-fourth of Bond No. CAB shall mature at the end of the twenty fourth year from said date of issue, and the remaining three-fourths of said bond at the end of the twenty-ninth year from said date of issue. 'One-fourth of Bond No. $50. shall mature at the end of the twenty fifth year from said date of issue, and the remaining three fourths of said bond at the end of the thirtieth year from said date of issue. The rate of interest on all of said bonds shall be five per centuni per annum, payable semi-annually on the first day of April and on the first day of October, in each year, and all such bonds shall have attached to the same, coupons which shall be signed by the President of the Commission of the said City of Birmingham and countersigued by the City Comptroller as Ex-Officio City Treasurer. butfheir facsimile sig natures may be Autographed or en. grayed upon said coupons Said bonds and said coupons shah be payable in gold coin of the United States of Amer iea of the present standard weight and fineness at the Hanover National Bank in the City and State of New York. Said bonds may be registered as to prin- cipal in the name of the holder thefe- of in the manner prescribed in the form 1 of the bond hereinafter provided.
 Section 2. That the form of said bonds other than those numbered 641 to 650, both inclusive, shall be substan- tially as follows:
 UNITED STATES OF AMERICA s
 STATE OF ALABAMA
 CITY OF BIRMINGHAM
 FREE PUBLIC LIBRARY BOND
 KNOW ALL MEN BY sTiHHS;SS THESE PRESENTS that the City of Birn1ing- hmai q municipal corporation, in the State of Alabama, acknowledges itself indebted to the bearer hereof in the sum of One Thousand Dollars ($1sOOO.O0l, which sum it promises to pay on the first day of October 19
 together with interest on said sum from the date hereof until paid, at the rate or rive per eentum G5 per cent) per annum, payable semi-annually on the first day of April and on the first day or October on presentation and surrender of the interest coupons here to attached as they severally become due, both principal and interest being payable in gold coin of the United States of America of the present stan- dard weight and fineness. lt the Han- oyre National Bank, in the Citv and State of New York. This bond may be registered as to principal. the reeistrv to be certified hereon by the City Comptroller, and is subject to succes- slve registrations or transfers as to prin. .cipal at the option of the holder, This bond is issued under and in pursuance of the Constitution and laws of the State of Alabama, including among oth- CTS an Act entitled, 'An Act to author- lze the holding of elections by nounicipaI corporations in the State of Alabarna for the purpose of obtaining authoritv, to issue bonds for public purposes here- in defined, and to provide for koIlinc such election and declaring the resuIf thereof, and to authorize the issue of such bonds when a ma aiority of the vot- CTS participating m. such election vote Tn favor of the issue of such bonds and to regulate the issue. execution, sale and security of such bonds." ar,- proved August 28th, 1909, and ai1 Act to amend Section 2 of said last above mentioned Act, approved Februarv EUth, I9l6, also an Act to amend See. tlon of said above mentioned Aet approved September 25th, 1919. and ,i,. der and in pursuance of a speciaiS Splecs ton duly held May 18th. 1924 under A "a Acts and the Jaws of said State. aisd m pursuance of ordinances and nro- ceedings of said City duly held. uassed ana adopted this bond being issued for she parp0se 6f acquiring a site for : tree public library, for erecting. fur nishlngs equipping and maintaining . tree public library building, and for es- saDlishtng free public library. and LeE extending, enlarging, improving. re- same. s.s -''''''-' aiie
 It IS hereby recited, certified and de. ciered that all acts, conditions and tnlngs required to exist, happen and be pertormed precedent to and in fhe ia. suance of tiis bond have existede han =, pened, and been performed in reguIar ana due time, form and manner ss .,.e. quired by law, and that this bond to. gether with all other indebtadnsss ,s,e thee City of Birmingham sjoes ,not ~ ceed any limit prescribed bv the ese,,z sntution or statutes of said State. S,i This Dcna no.u |. and the interest coupons hereto attached are exempt from Stafe co,s,,ts ana municipal taxation, and oftar 1sl,s respective maturity thereof shaiI beN 1.s rs. ceiVaple m payment of all fares .e,,d dues to the City of Birmingham. .N
 IN TESTIMONY. WHEREOF. the City of Birmingham has caused this bond to be signed by the President of 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 engraved facsimile signatures of said President and said City Comptroller and this bond to be dated this, the first day of October, 1924.
 Presidenf af fha Cn,,,,.;..ia., e At q