Authorizing the Issuance and Slae of Bonds for Construction and Improvements of Streets $500,000.00

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signature of the City Controller, and said official, by the countersigning of said bonds, shall adopt as and for his own proper signature his facsimile signature appearing on said coupons. Said bonds shall, in the hands of bona fide holders, have all of the qualities of negotiable instruments under the law merchant. Section 3. The form and tenor of said bonds, and the interest coupons to be attached thereto, shall be substantially as follows, to—uit: No. UNITED STATES OF AMERICA State of Indiana County of St. Joseph CIT`L OF SOUTH BEND MUNICIPAL BOND OF 1951 $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 June, 19 , and to pay interest thereon from the date hereof until the principal is paid, at the rate of per cent (___%) per annum, payable on the first day of June, 1952, and semi — annually thereafter on the first days of December and June in each year, upon presentation and surrender of the annexed coupons as they severally become due. Both principal and interest of this bond are payable in lawful money of the United States of America at the office of the City Treasurer in the City of South Bend, Indiana. This bond is one of an authorized issue of five hundred (500) bonds of the City of South Bend, Indiana, of like date, denomination, tenor and effect, except as to dates of maturity, aggregating Five Hundred Thousand Dollars ($500,000.00), numbered consecutively from 1 to 500 inclusive, issued for the purpose of providing funds to be applied on the cost of construction and improvement of streets and expenses incidental thereto, pursuant to an ordinance adopted by the Common Council of said City on the ^ day of 1951, entitled "An Ordinance of the City of South Bend, Indiana, authorizing the issuance and sale of bonds of said City for the purpose of providing funds to be applied on the cost of construction and improvement of streets, and expenses incurred in connection therewith," and an act of the General Assembly of the State of Indiana entitled "An Act concerning municipal corporations," approved ;larch 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 -3-