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Minutes - 19880201
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Minutes - 19880201
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Last modified
12/3/2013 9:24:49 AM
Creation date
8/13/2008 12:54:05 PM
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BOCC
Date
2/1/1988
Document Type
Minutes
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22 L <br />Section 5. The bonds shall bear the facsimile <br />signatures of or be executed by t:ie Chai~nan of and the Clerk to <br />the Board of Commissioners of the Issuer and the corporate seal <br />of the Issuer shall be impressed or a facsimile thereof shall be <br />imprinted an the bonds. <br />The certificate of the Local Government Conzm~.ssion of <br />North Carolina to be endorsed on all bands shall bear the <br />facsimile signature of or be executed by the Secretary of said <br />Commission and the certificate of authentication of the Bond <br />Registrar to be endorsed on all bonds shall be executed as <br />provided hereinafter. <br />In case any officer of the Issuer or ~..he Local <br />Government Commission of North Carolina whale facsimile sia~nature <br />shall appear an any bonds shall cease to be such officer before <br />the delivery of such bonds, such facsimile signature shall <br />nevertheless be valid and sufficient far all purposes the same as <br />if he had remained in office until such delivery, and any bond <br />may bear the facsimile signatures of such persons who at the <br />actual time of }she execution of such bond shall be the proper <br />officers to sign such bond although at the date of such bond such <br />persons may not have been such officers. <br />No band shall. be valid ar become obligatory far any <br />purpose ar be entitled to any benefit or security under this <br />resolution until it shall have been auy~henticated by the <br />execution by the Bond Registrar of the certificate of <br />authentication endorsed thereon. <br />The bands, other than a band registered in the name of <br />the FmHA, and L~.he endorsements thereon shall be in substan- <br />Bally the following forms: <br />
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