Laserfiche WebLink
If less than all of said bonds of any one maturity <br /> <br />shall be called for redemption, the particular bonds of <br />such maturity to be redeemed shall be selected by lot by <br />said County in such manner as said County in its discre- <br />tion may determine, and, if less than all of said bonds <br />stated to mature on different dates shall be called for <br />redemption', the particular bonds to be redeemed shall be <br />called in the inverse order of their maturities. <br /> <br /> At least thirty (30} days before the redemption date <br /> <br />of any of said bonds, whether such redemption be in whole <br />or in part,-said County shall cause a notice 6f sDch redemp- <br />tion to be published once in a daily newspaper of general <br />circulation in the City of charlotte, North Carolina, and in <br />a daily newspaper of general circulation or a financial <br />Journal distributed in the Borough of Manhattan, City and <br />State of New York. On the date designated for redemption-, <br />notice having been published as aforesaid, said bonds so <br />called for redemption shall become and be due and payable <br />at the redemption price provided for the redemption of such <br />bonds on such date, and, if moneys for payment of the re- <br />demption price and the accrued interest are held by the paying <br />agents for.said bonds, interest on said bends so called for <br />redemption shall cease to accrue, the coupons for any such <br />interest payable subsequent to said redemption date shall be <br />void, said bonds so called for redemption shall cease to be <br />entitled to any benefit'or security under said order or this <br />resolution, and ~he holders or registered owners of said <br />bonds so ~alled for redemption shall have no rights in respect <br />thereOf except to receive payment of the redemption price <br />thereof and the accrued interest so held by said paying <br />agents. <br /> <br /> <br />