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Acquisition and Construction of Extensions and Additions Waterworks authorizing Revenue Bonds to Provide Cost thereof
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Acquisition and Construction of Extensions and Additions Waterworks authorizing Revenue Bonds to Provide Cost thereof
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5/13/2014 9:56:23 AM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
5/23/1960
Ord-Res Number
4321-60
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made by the registered owner in person or by his attorney duly <br />authorized, and similarly noted on the bonds, but said bonds may <br />be discharged from registry by being in like manner transferred <br />to bearer, after which they shall be transferable by delivery, <br />but may be again registered as before. The registration of any <br />bond shall not affect the negotiability of the interest coupons <br />attached thereto, but such coupons shall continue to pass by <br />delivery merely and shall remain payable to bearer. <br />Section 6. The form and tenor of said bonds and the <br />interest coupons to be attached thereto, together with the forth <br />of registry endorsement thereon, shall be substantially as <br />follows, all blanks to be filled in properly prior to delivery <br />thereof: <br />No. <br />UNITED STATES OF AMERICA <br />State of Indiana County of St. Joseph <br />• :a n <br />$1,000.00 <br />The City of South Bend, in St. Joseph County, State of <br />Indiana, for value received, hereby promises to pay to bearer, <br />or if this bond be registered then to the registered holder hereof, <br />solely out of the special revenue fund hereinafter referred to, <br />the principal amount of <br />ONE THOUSAND DOLLARS <br />on the first day of September 19 , and to pay interest thereon <br />from the date hereof until the principal is paid, at the rate of <br />per cent (__.%) per annum, payable semi - annually on the <br />first days of March and September in each year, beginning on <br />March 1, 1961, upon presentation and surrender of the annexed <br />coupons as they severally become due. <br />0 <br />
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