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436 <br /> <br /> Constitation and laws of North Carolina have happened, exist and have been performed in <br /> regular and due form and t~me as so required; that provision has been made £or t~e levy <br /> and collection of a direct annual tax upon all taxable property within said County suf- <br /> ficient to pay the principal o~ and the interest on this bond as the same shall Fall du~; <br /> and the t the total indebtedness of said County, including this bond, d. oes not exceed an <br /> <br /> consti' ational O~ statutory limitation thereon. <br /> <br /> This bond may be registered as to principal alo~ in accordance with the provis ~ns <br /> <br /> endorse ~4 hereon. <br /> <br /> IN NITNESS ~NE~EOF, said County of Cabarrus, by order of its Board of Ce <br /> <br /> h~ ca~ sod this bond to be signed by the Chairman of said Board and by the Regis ~er of <br /> <br /> Deeds s .~d ex officio Clerk of said Board, under the corporate seal of said Count 7, and ~s <br /> <br /> caused the annexe~ interest coupons to be executed with the ficsimile signature ~f said <br /> <br /> Register of Deeds and ex officio Clerk, all as of the first day of SeptembAr, 15 ~8. <br /> <br /> Re~ster of Deeds a~d ex ~ffiC~o <br /> Clerk of Board of Commissioners. <br /> <br /> Cmmmsmmms o~ BOreS) <br /> <br /> This bond may be registered as to principal alo~$ in the Bom~i Register f the <br /> <br /> County of Cabarrus by the County ~Treas.urer as Bond Registr~b, or by s~wh ~f2~er ond <br /> Regist~ ar as may be legally appointed by the governing body of said CounSy, upor. pre- <br /> sentat~. on hereof to the Bond Registrar who shall make notation of such registration in <br /> the re istration blank below, and this bond may thereafter be transferred only ~ ~on a d~xly <br /> ex. cut d assignuent of the registered owner or his attorney, such transfer to be made o: <br /> such ~ nd Register and endorsed hereon by the ~ond Registrar. ~ transfer may be to <br /> bearer and thereby transferability by delivery shall be restored, but this bond shall <br /> again · subject to successive registrations and transfers as before. The princ~ ~1 of <br /> this b nd, if registered, unless registered to bearer, shall be payable only to ior upoz <br /> the o~[er of th. registered owner or his legal representative. Notwithstanding he re- <br /> gistration of this bond as to principal, tb~ coupons shall remain payable to be ret and <br /> shall ~ontinue to be transferable by deliver~.. <br /> <br /> The issuance of the wi:h:A:2 :: :e:-~proved <br /> Locak ove~i~uent Act of North Carolina. <br /> <br /> W. E. EAST~tLING, <br /> Secretary, Local Government Commission <br /> <br /> " ASS: $ nt <br /> <br /> <br />