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<br />AT the respective dates of payment thereof, is le gel tender for p13G11C Hd
<br />prlVe.tE dP.nt 6,
<br />Se ctlon 4. That said Schcol Hul lding Bonds shell 'be =_igned by the Ciai rman
<br />of the Board of CommlESl onsrs and the Register of ?reeds and ex of__*SC1o Clark
<br />of seid Board, and sealed ^. ith tie Corporate seal of the County, and the in-
<br />terest coupons thereto attached 6h 0.11 'n P, ere cu tad wG th the facsimile sign etu*e
<br />of said Register of -ee dse.nd ex officio Cie rk. ~9a1d 'co nds and the couponE~~
<br />attached thereto and the endorsement=_ to 'oe pr ir.tafi upon the rev sr ee thereof
<br />shall ~ Sn sui: Etsntie lly~the following foim;
<br />No. 51,000
<br />USJITED STATES OF AiaEAICA
<br />STP.TE OF NG TR CA?.GLP(A
<br />COUNTY GF ORkNGE
<br />SCROLL =UILDItJG HOND
<br />The County of Oranga, in the State of North Carolina, Ss Justly rode hied
<br />and for value re ce iced he re'oy proml5e=_ to peY to the 'Dearer or, Sf this bond
<br />'oe registered, to the real_te red ov+nez her=of, on the first day oT June, 14 _
<br />the prl ncipal sum of
<br />ONE TACllSA;dD DOLL.435
<br />tcgether with in to?'e st th er ion at the rate of per canton per ernum, pays b:
<br />semi-annually on the first days of Juns anti De can oar of each year, upon the
<br />pre eentatlon and surrender of the enne red interest coupons as they save rel'_y
<br />become flue. Both nri ne Snal and rote ro-st of this bo rd are payable at tie
<br />C5e5Tiv=?, RF.teO`!~A HA;v!! Asti T?UST CGii?1.1tY, In Nev: 'lork C!ty in any coin or curren~
<br />of the Un it afi States of America, r:hlch et the respective dated of payment
<br />thereof, 1=_ legal to rder for public end prlrate de'ot s, For the prompt payment
<br />hereof both prlnci pal andlr.te re st es tie sane shall fall due, the full f_1 th
<br />end credit of said County are hereby irrevocably pledged.
<br />This bond Ss one of a se rleE issued 'oy said County, =_cting aE en edmini=_-
<br />tratlve agent of the State of North Cerolin e. in provi dinv_, a Ste to system of
<br />public schc of=_, far the purpose cf erecting e Echool 'ou11d1 rag and an andit~
<br />to a school 'ovSldln~ Sn seid County Sn order to main tai r. schools in Ea1d.
<br />County Sor the constituti onel six months' school term, and t.*.SS bond SE SE=u ed
<br />under and pursuant to the County Finance Het, as amended, and the Loc el Govern
<br />ment Act, es arse nded, and an order and a resolution duly pe saed by the 3oard,
<br />of Commi=_si onsrs for =_aifi County.
<br />It is hereby ce rtifled end recited that ell ¢ct s, co nditione anfi thi rgs
<br />reeui red to happen, ex1 _=t and be pe rfarmed precedent to a.nd in the Sssusnce of
<br />this 'oond 'oy tie laws end Coh stl tutlon of Nc rth Carolina, have happened, eri ..=.t
<br />anfi have been performed in re guler end due form srd time as so recui re d; tiet
<br />provi <1 on has been made for the levy e.nd coils cii on of a direct annual tax
<br />upon, all tarable'pmp=.rty wl thin said county sufficient to nay the principal
<br />and in to rest of this 'oond as tY.e same shall. fail due; and that tY.e total ir.-
<br />debtednesa of sa Sd County, includ inc thi=_ bond, and all other Snde'otedne ss
<br />he re tofcre contracted during the fiscal year Sn v;hich th±s bond is issued, d.oe:
<br />not exreed any con=_titutio nal or statutory 11x1±etton thereon.
<br />This 'oond Ss re gi ate rab'_e as to principal along Sn ecc ordance v:1 th tie
<br />provisions endorsad hereon.
<br />IIV yJITNESS ."!HEREOF, saifi County of Oran 4e has cau eed this 'oond to be
<br />signed by the Chairmen cf the Hoard of Ccmml sEi onsrs anfi 'oy the Regi star of
<br />Deeds and ex officio Clerk cf said Board, under the corpora to seal of said Coin
<br />gnu has cau sad the annexed Snte re st coupon= to be executed with the facsi mil=
<br />signature of said Aeg,l seer of Deeds end er. of fl eto Clerk, all as of the first
<br />day of June, 19'-1.
<br />rs
<br />star OT' JP.ed6 ens eY, o
<br />Board of Comm is si or,ers
<br />(ENDOR5-6iT: i~'T5 ON HOGIDS)
<br />This bond may be registered es to prlncl pal in tha Hond Register cf
<br />Orange County by the Treasurer of seid County es Bond Registrar, or 'oy =_u eh
<br />other Hond Registrar as may 'oe 1e gaily a;c of rated 'oY the Bove rains body of said
<br />County, nct at ion of ouch re g3 =_try to be made hero on by such Eond Ae gi=_trar and
<br />this bond may tte re after 'oe trer.sferred on seid Hond Aegis ter only anon a
<br />nmitten ass! gnment of tY.e regi ste red owner or his attorney duly acl:n owls deed
<br />or proved, such transfer to be endorsed hereon by t..*,e Hond Ragletrer. Such ,
<br />transfer may 'oe to bearer and th ere'oy tran sferab111 ty 'oy delloe ry Eha11 'oe re'-
<br />stored., but this bend shall aeain 'oe suo,je et to successive regi atratlens and
<br />(Cr;;TI!7i ~D)
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