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and ex officio Clerk. Said bonds and coupons and the endorsemer~s to be printed upon the reverse <br /> <br />of said bonds shall be in substantially the following forms: <br /> <br /> No. $1~000 <br /> <br /> United states of America <br /> State of North Carolina. <br /> COUNTY OF CABARRLB <br /> . . . .... . . . . . . . . . . . . .BOND <br /> <br /> The County of Cabarrus, in the State of North Carolina, is justly indebted and for <br /> <br /> value received hereby promises to pay to the bearer, or, if this bond be registered, to the <br /> <br /> registered owner hereof, on the first day of March, 19 ., the principal sum of <br /> <br /> ONE THOUSAND DOLLARS <br /> <br /> and to pay inter~st thereon from the date hereof at the rate of .... per centum per annu$ per <br /> <br /> annum, such interest to the maturity hereof being payable semi annually on the first days of <br /> <br /> March and September of each year upon the presentation and surrender of the coupons representing <br /> <br /> such interest as the same respectively fall due. Both the principal of and the interest on this <br /> bond are payable at The Chase National Bank of the City of New Yor$, in the Borough of Manhattan, <br /> City and State of New york, in any coin or currency of the United Stabes .of Amert~anw~ich, at the <br /> respective dates of payment thereof, is legal tender forthe paymer~ of public and private debts. <br /> For the prompt payment hereof, both principal and interest as the same shall fall due, the full <br /> <br /> faith and credit of said County of Cabarrus are hereby irrevocably pledged. <br /> <br /> This bond is one of a series issued by maid County under and pursuant to The County <br /> <br /> Finance Act, as amended, and the Local Government Act, as amended, and an order and a resolution <br /> <br /> duly passed by the B~ard of Commissioners for said county for the Purpose of ........... <br /> <br /> It is hereby certified and recited that aL1 act~, conditions and things required to <br /> <br /> happen, exist and be performed precedent to an in the issuance of this bond by the Constitution <br /> and laws of North Carolina have ~ppened, exist and have been performed in regular and due form <br /> and time as so required; that provision has been made fo~ the levy and collection of a direct annul 1 <br /> tax upon all taxable proper~y within said county s~f£icient to pay the principal of and ~asiintere: t <br /> <br /> on this bond as the same ~hall fall due; and that the total indebtedness of said County, including <br /> this bond, does not exceed, and that the total indebtedness of sai~ County at the creation of the <br /> indebtedness refunded hereby, including said indebtedness, did not then exceed~ any constitutional <br /> or statutory limitation thereon. <br /> <br /> This bond may be registered as to principal alone in accordance with the provisions en- <br /> <br /> dorsed hereon. <br /> <br /> IN WITNESS Vg~EREOF, said County of Cabarrus, by order of its Board of Commissioners, has <br /> <br /> ~aused this bond to be signed by the Chairman of.said Board and by the Register of Deeds and ex <br /> officio Clerk of said Board, under the corporate seal of sa~ county, and has caused the interest <br /> coupons attached hereto to be executed with the facsimile signature of s aid Register of Deeds and <br /> ex officio Clerk aLl as of the first day of September, 1953. <br /> <br /> Chairman o~ Board of Commissioners <br /> <br /> <br />