Authorizing Issuance and Sale of Bonds the Cost of Construction , Reconstruction and Improvement of Streets $1,000,000.00

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No, UNITED STATES OF AMERICA State of Indiana County of St. Joseph CITY OF SOUTH BEND MUNICIPAL BOND OF 1959 $1, 000.00 The City of South Bend, in St. Joseph County, Indiana, for value received, hereby acknowledges itself indebted and promises to pay to the bearer hereof the principal amount of ONE THOUSAND DOLLARS on the first day of , 19 , and to pay interest thereon from the date hereof until the principal is paid, at the rate of ( ) per ceatum per annum, payable semi- annually on the first days of .June and December of each calendar year beginning on December 1, 1959, upon presentation and surrender of the annexed coupons as they severally become due. Both principal and interest on this bond are pay- able in lawful money of the United States of America at the St. Joseph Bank and Trust Company of South Bend, Indiana. This bond is one of an authorized issue of one thousand (1, 000) bonds of the City of South Bend, Indiana, of like date, denomination, tenor and effect, except as to dates of maturity, aggregating One Million Dollars ($1, 000, 000. 00) numbered consecutively from 1 to 1, 000 inclusive, issued for the purpose of providing funds to be applied to the cost of construction, re- construction and improvement of streets, and expenses incidental thereto, pursuant to an ordinance adopted by the Common Council of said city on the 27th day of October, 1958, entitled "An ordinance of the City of South Bend, Indiana, author- izing the issuance and sale of bonds of said city for the purpose of providing funds to be applied to the cost of construction, re- construction and improvement of streets, and expenses incurred in connection therewith, as amended ", as amended by an ordinance adopted on the day of , 1959, and an Act of the General Assembly of the State of Indiana entitled "An act concerning municipal corporations ", approved March 6, 1905, and all acts amendatory thereof and supplemental thereto, including Chapter 119 of the Acts of 1937. It is hereby certified and recited that all acts, conditions and things required to be done precedent to and in the execution, issuance and delivery of this bond have been done and performed in regular and due form as provided by law; that this bond and said total issue of bonds is within every limit of indebtedness prescribed by the constitution and laws of the State of Indiana, and