BC 1948 05 03 - Laserfiche WebLink

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40;? Sectio l 3. That said note sb~ll be signed by the Chairman of the Board of Commi3sionem and b r the Register of Deeds and ex officio Clerk of said Board, under the corporate seal of the County, mud shall have .endorsed thereon the written approval of t ~e Count y Attor ~ey, and the form of said note shall be substantially as follows: No. 3 $97,800 United States of America~ State of North Carolina COUNTY_ OF CABARRUS ~_ch0ol Buildin~ Dond Anticipation Note The Cc muty of Cabarrus, North Carolin~, for Value received hereby promises to pay to the be ~rer on the 1st day of August, 1948, the principal sum of NINETY-SEVEN THOUSAND EIGHT HUNDRED DOLIARS togett ~r with interest thereon at the rate of % per annum, payable upon the p~ ,~sentation and surrender of this note at its maturity. Both the principal of and the i~ ~erest on this note are payable at in For th prompt payment hereof, both principal and interest as the same falldue the, full ith and credit of said County are hereby irrevocably pledged. This note is issued by said County in. anticipation of the receipt of th procee~ ~s of a.[ke amount of School Building Bonds duly authorized by an order finally assed May 2 1~46, which order was approved by thevote of a majority of the qualified vote: of saii County at an election duly called and held, and this note is issued pu uant:t~ and im fullcompliance with The County Finance Act, as amended, and the Local Go~ernmen~ Act, .a amended, and a resolution duly passed by the Board of Commissioners for said Counti~ It is hereby certifie~i~and recited that all acts, conditions and things ~equire~ to hap ~en, exist and be done by theConstitution and laws of North Carolina precedent to and in the issuance of this note, have happened, exist and have Been done in re~lal and du form and time as ~o required, a~d that the total indebtedness of said c~unty, includ ng this note, does not exceed any constitutional or statutory limitation thereto IN %:~ITNESS WHEREOF, County Cabarrus, pursuant to said resolutioh of its said of Board ~f Cozmuissioners, has caused this note to b e executed by the Chairman of said ~d by the ~egister of Deeds and ex officio Clerk of said Board, under th co,poi ate Board se~l orthe county, all as of the 1st day of June, 19hd. J. Lee White, Chairman Board of Commissioners John R. Boger, Register of Deeds Ex officio Clerk, Board of Commis~ ioners The issuance of the within note is hereby approved. L. T. Hartsell~ Jr. County Attorney (ON OF NORS) The is ',uance of the within note has been approved under the provisions of t he L!~cal