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131', <br /> <br />No. $1,000 <br /> <br /> United Sta~es of America <br /> <br /> State of North Carolina <br /> <br /> COUNTY OF CABAHRUS <br /> <br /> COURTHOUSE BOND <br /> <br />The County of Cabarrus, in the State~ of North Oarolina, is Justly indebted and for value received <br />hereby promises to pay to the bearer, or, if this bond be registered~ to the ~egistered owner <br />hereof, on the first day of March, I~:~! , the principal sum of <br /> <br /> ONE THOUSAND DOLLARS <br /> <br />and to pay interest thereon from the date hereof at the rate of per centum per annum, <br /> <br />such interest to the maturity hereof being payable Semi-anually on the first ds~s of Mard~ and <br />September in each year upon the ~esentation and surrender of the couponsrepresenting such interes <br />as the same respectively fall due. Both the principal of and the interest on this bond are pay- <br />able at The Chase National Bank of the City of New York, in the Borough of Manhattan, City and <br />grate of New Yerk~ in an~ coin or currency of the United States of America which, at the respectiv! <br />dates of payment thereof, is legal tender for the payment of public and private debts. For the <br />prompt payment hereof, both principal and interest as the same sb~ll fall due, and the full faith <br />and credit of said County of Cabarrus are hereby irrevocably pledged. <br /> <br />This bond is one of a series issued by said County, for the purpose of providing funds for <br />altering the Cabarrus County Courthouse and erecting and equipping an addition thereto, and this <br />bond is issued under and pursuant to The County Finance Act, as amended, a~d the Local Government <br />Act, as amended, and an order and a resolution duly passed by the Board of Commissioners f~r s~id <br />County. <br /> <br />It is hereby certified and recited that all acts conditions and things required to happen, exist <br />and be performed precedent to and in the issurance of this bond by the Constitution and laws of <br />North Caro~in~ ha~v? happened, exist an~d hav?_ ~been perfo ~rmed in regular and due fo~rm a~d t~me~ as · <br /> <br />~O r~quired;' that provision has been made for the levy and collection of a direct armual· tax upon <br />all taxable property within said Cou~y sufficient to pay the principal of and the interest on <br /> <br />this bond as the same shall fall due; and that the total indebtedness of said county$ including <br />this bond and all other indebtedness he~ore contracted during the fiscal year in which this <br /> <br />bond is issued, does not exceed a~ constitutional or statutory limitation thereon. <br /> <br />This bond may_ be registered as to pri~cipal alone in~ac~qordance .wit~h~he provisions endorsed hereon <br />IN WITNESS WHEREOF, said County of Cabarrus, by order of its Board of Commissioners, has caused <br />this bond to be signed by the Chairman of said Board and by the RSgistere of Deeds and ex officio <br />Clerk of said Board, under the corporate seal of said county, and has caused the interest coupons <br />atto~ched hereto to be executed with the bacsimile signature of said Register of Deeds and ex <br />officio Cler, all as of the first day of Ma~h, 1953. <br /> <br /> Chairman of Board of Commissioners <br /> <br /> Register of Deeds and ex officio <br /> Clerk of Board of Commissioners <br /> <br /> <br />