The Birmingham age-herald., 1924-08-13
the coupons by delivery merely.
 (No writing hereon except by the City Comptroller.)
 Date of Registration.

Late 0I heslSIEatIOns
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 In Whose Name Registered.
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 City Comptroller.
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 Section 3. That the form of said bonds numbered 3491 to $500, both in- elusive, shall be substantially as fol- lows:
 UNITED STATES OF AMERICA
 STATE OF ALABAMA
 CITY OF BIRMINGHAM
 PUBLIC SCHOOL BUILDINGS
 No. . $1,OO0.OO
 KNOW ALL MEN BY THESE PRESENTS, That the City of Bir- mingham, municipal corporation in the State of Alabama, acknowledges it. self indebted to the bearer hereof in the sum of One Thousand Dollars ($1 ,OO0.O0), one-half of which sum it promises to pay on the first day of October, 19-, and the remaining one half on the first day of October, 10-, 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-annually on the first day April and on the first day of October on presentation and surrender of the interest coupons hereto attached as they severally become due, both prin- cipal and interest being 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. This bond shall be presented at the place of payment upon the date when the first half of the principal amount thereof IS due, in order that an endorsement may be stamped upon the bond showing the payment of the first half of the prin- cipal amount thereof. This bond may be registered as to principal, the reg istry to be certified hereon by the City Comptroller, and is subject to success sive 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 issue of such bonds when a ma jority of the voters participating in such election vote in favor of the issue of such bonds, and to regulate the is- sue, execution, sale and security of such bonds," approved August Beth, 1909, and an Act to amend Section 2 of said last above mentioned Act approved February 20th, 1915, also an Act to amend Section 2 of said above men tioned Act approved September 25th, 1919, and under and in pursuance of special election duly held May 18th, 1924, under said Acts and the laws of said State, and in pursuance of ordi- nances and proceedings of said City duly held, passed and adopted this bond being issued for the purpose of purchasing or acquiring real estate for the sites of buildings to be used for public schools, for constructing build- ings or to be used for public schools of the City of Birmingham for repairing buildings to be used for public schools of the City of Birmingham, for making additions thereto, alterations, enlarge ments, or extensions thereof, and for eQuipping and furnishing buildings used or. to be used for public schools of the City of Birmingham.
 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 issuance 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 the City of Birmingham does not exceed any limit prescribed by the Consti- tuition or statutes of said State. This bond and the interest coupons hereto 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.
 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 fac-simile signatures of said President and said City Comptroller. and this bond to be dated this, the first day of October, 1924.