Laserfiche WebLink
ally on the 1st days of June and December in each year. upon the <br />presentation and surrender of the coupons representing such inter- <br />est as the same respectively become due. Both the.principal of <br />and the interest on this bond are payable, at The Chase Manhattan <br />Bank, in the Borough of Manhattan, City and State of New York, in <br />any co.in or currency of the United States of America .which, at the <br />respective dates of payment thereof, is legal tender for the pay- <br />ment of public and private debts. For the prompt payment hereof, <br />both principal and interest as the same shall become due, the full <br />faith and credit of said County of Cabarrus are hereby irrevocably <br />pledged. <br /> <br /> (The following ~wo paragraphs are <br /> to be inserted in the School Build- <br /> ing Bonds, Series A) <br /> <br /> This bond is one of a series issued by <br /> <br /> said County, acting as an administrative agent of <br /> the State of North Carolina in providing a State <br /> system of public schools, for the purpose of pro- <br /> riding funds, with any other available funds, for <br /> erecting additional school buildings and other <br /> school plant facilities, remodeling, enlarging and <br /> reconstructing existing school buildings and other <br /> school plant facilities and acquiring necessary land <br /> and equipment therefor to provide additional school <br /> facilities in the County of Cabarrus to maintain the <br /> six months' school term in said County as required <br /> by Section 3 of Article-IX of the Constitution, and <br /> this bond is issued under and pursuant :o The <br /> County Finance Act, asamended, and the Local Gov- <br /> <br /> <br />