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394
<br />
<br /> office inConcord, or by such other BondRegistrar as may be legally designated by
<br /> thegoverning body of said County upon presentation hereof to theBond Registrar who
<br /> shall make notati n of such registration in the registrati n blank below, and this
<br /> bond may thereafter be. transferred only upon a duly executed assignment of the:
<br /> registered owner or his attorney, in such form as shall be. satisfactory to theBond
<br /> Registrar, such transfer to be made on such t~ond Register and endorsed hereon by
<br /> theBond Registrar. Such transfer may be to bearer and thereby transferability by
<br /> delivery shall be restored, but this bond shall again be subject to successive
<br /> registrations and transfers as before. The principal of this bond, if registered
<br /> unless registered to bearer, shall be payable onlyjto or upon the order of the
<br /> registered owner or his legal representative. Notwithstandin9 the registration
<br /> of this bond as to principal alone, the coupons shall remain payable to bearer and
<br /> shall continue, to:be transferable by delivery/
<br />
<br /> Date of Name of Signature of
<br /> Registration Registered Owner Bond Registrar
<br />
<br /> (?cfm of coupons)
<br />
<br /> No. $
<br /> On 1, 19__.
<br />
<br /> the County of Cabarrus, NorthCarolina, will pay to bearer at The Chase
<br /> ManhattanBank, in the Borough of Manhattan, City and State of New York, upon the
<br /> presentation and surrender hereof, thesum of Dollars
<br /> in any coin or currency of the UnitedStates of America which at the time of paymen
<br /> ts legal tender forthe payment of public and pricate debts, as provided in and
<br /> for the semi-annual interest then due upon its School Buildin§ Bond, dated May
<br /> 1, 1957, numbered- .
<br />
<br /> Register ofDeeds andex officio
<br /> Clerk of Board of Commissioners
<br />
<br /> S Section l~. That said bonds shall be registrable as to principal alon9 in
<br /> accordance with the provisions for registration hereinabove in this resolution
<br /> provided to be endorserd upon said bonds, and the CountyTreasurer is hereby
<br /> designated Bond Registrar for the registration and transfer of said bonds,
<br /> subject to the rtght of theBoard of Commissioners of th~ County of Cabarrus hereaf er
<br /> to designate another Bond Registrar. No char§e shall be made to any bondholder
<br /> for the privilege of registration herein granted.
<br />
<br /> Section 5. That~,.the. actiin of the County Attorney in applyingto the Local
<br /> Government Commission~l:~ }~(t~ertt~se. and sell said $2,630,000 School Buildi nD
<br /> Bonds, and the action of the Local Government Commission in askin§ for sealed
<br /> bids for said bonds, ( by publishtn9 a sale notice and printin§ arfl distributin9
<br /> circulars), be and the same are hereby ratified and confirmed.
<br /> Upon motion of Commissioner W. Frank l~cCray, seconded ;by Commissioner P.
<br /> Ernest Stallings the foregoin9 resolution entitled:"RESOLUTION PROVIDING FOR THE
<br /> ISSURANCE OF $2,630,000 SCHOOL BUILDI NO BONDS" was passed by the following vote:
<br />
<br /> Ayes: Commissioners W. Frank McCray, P Ernest Stallings, LBowmanBarrier, and
<br /> Chairman J Lee White.
<br /> Noes: None.
<br />
<br />......... i',. J;hna.$oger,RegiS't~r ~r'De, eds; and -ex officio Cle-rk'of i4e BOard of
<br /> Commissioners for the County of Ci~barrus, NorthCaroltna, do hereby Certify t~at
<br /> the foregoing has been carefully copied from the actually, recorded minutes of the
<br /> Board of Commissioners of Cabarrus County at a meeting held April 1, 1957, the
<br /> record havin~ been made in Minute Book No. 13-'.~eginning at page 392 and ending at -
<br /> page 39k, and is a true copy of so much of said proceedings as relate in any way
<br /> to t e issuance of bonds of sa id County.
<br />
<br /> Witness my hand and the corpo ate seal of said County, this 1 day of April
<br />
<br /> John R. Bouer,
<br /> Register of Deeds and ex officio
<br /> Clerk of Board of Commissioners
<br />
<br /> Motion by Frank McCray and seconded by P.Eznst Stallings that the following ~oad petitions
<br /> be passed and sent to the State Highway and Public Works Commission in Albemarle, N.C.
<br />
<br /> No. h Township, Skyway Drive, pa~e ~oad.
<br />
<br /> No. l0 Township - Pine Avenue - Take over and maintain
<br />
<br />
<br />
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