BC 1956 01 16 - Laserfiche WebLink

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?'330 duly passed by the Board of Commissioners for said County for the purpose of ...................... It is hereby certified and recited that all acts, conditions and things required to happen, exist and be performed precedent to and in the issuance of this bond by the Constitution and laws of North Carolina have happened, exist and have been performed in regular and due form and time as so required; that provision has been made for the ~svy and collection of a direct annual tax upon all taxable property within said County sufficient ~o Pay the principal of and the interest on this bond as the same shall fall due; and that the to~al indebtedness of said Cow including this bond, does no~ exceed, and that ~he total indebtedness of said County at %he creation of the indebtedness refunded hereby, including t~e indebtedness so refunded, did not the~ exceed, any constitutional or statutory limitation thereon. This bond may be registered as ~o principal alone in acoordauce with the provisions endorsed hereon. IN WITNESS WHEREOF, said County of Cabarrus, by order of its Board of Commissioners, has caused thi~ bond to be signed by the Chairman of said Bo~_rd and by ~he Register of Deeds and exofficio Clerk of said Board, under the corporate seal of said County, and has caused the interest coupons attached hereto %o be executed with the facsimile signature of said Regis%a~ of Deeds and ex officio Clerk, all as of the 1st day of December, 1955. Chairman of ~oa~d of Com~iamiomers Register of Deeds and ex officio Clerk of Board of Commissioners (~.ndor s ement s ~.up on bonds) ~I~%'~ ~F-.LOCAL .GO~ C,(~gfI~ION -~he .issuance of-the wi-thin-bored has been approved ~uder the provisions of t-~e Local Government A~ of North Carolina. W. E. EASTERLING Secretary, Loeat Government Commission By: Designated Assistant PROVISIONS FOR REGISTRATION This bond may be registered as to !principal alon~ in the Bond Regis%er of the County of Oaba~rus-b3~.-t-he Oo~n~ t~eas~rer as Bor~ ~e~.a~, .at-his office in Oomeerd, or by s~eh other Bond Registrar as may be legally designated by the governing body of said County upon presentation h~reof to %he Bond Registrar who shall make ncaa%ion of-such registration in the registration blank below, and this bond may thereafter be transferred Only upon a duly executed assign an% of the registered owner or his attorney, in sueh'-f~zm-as shall be sa%isfactory %o the Bond Registrar, such transfer %o be made on such Bond Regis%er and endorsed hereon by the Bond Regis%rat. Such ~ransfer may be to bearer and %hereby transferability by datively shall be restored, but this bond shall again be subject to successive registrations and transfers as befor~ · he principal- of %his bond, if registered, unless regis%eT.ed to bearer, shall ~e paTabte only to upon theorder of the registered owner or his legal representative. Notwithstanding the 'registration of ~his .bon~ as to principal alone, the co,moms shall remain payable to bearer and shall continue to 'be; transferable by delivery. Date of Name of Signature of ..~Re~istration R e~is%ered Owne~ Bond~ Re~is%rax (Form of Coupons) No., ...... $ On 1, 19 , The County of Cabarrus, North Carolina, will pay to bearer at The Chase Manhattan Bank, in the Borough of Manhattan, City and State of New York, upon the presentation and surrender her_eof, the. ~.~sum of Dollars in any coin or currency of the United States of America which at the time of payment is legal tender: for the payment of public and private debts, as provided in and for the semi.,ann~al interest then duo,on its Bond, dated December 1, 1955, numbered . ~egister of Deeds and ex officiol~. Clerk of Board of Comauissioners Sec%ion 6. That the dotton line in the foregoing bond form following the words "for %he purpose of" shall be filled our as follows in the two bond issues herein provided for: In the bonds designated "Refunding School Bonds" there shall be inse~ed the wo~ds: