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I y <br /> Carolina, or, at the option of the bearer, at Bankers <br /> Trust Company, in the Borough of Manhattan, City and <br /> State of New York, upon the presentation and surrender <br /> hereof, the sum of . 6 . . . . . . . . Dollars <br /> in a y coin or currency of the United States of America <br /> i at the time of payment is legal tender for the <br /> wh c p ym g <br /> payment of public and private debts, as provided in and <br /> for the semi-annual interest then due upon its School <br /> Bond dated December 1, 1977, numbered . . . . . . <br /> [Facsimile signature] <br /> Clerk of Board of Commissioners <br /> Section 4. Said bonds shall be registrable as to <br /> principal only in accordance with the provisions for regis- <br /> tration h reinabove in this resolution provided to be en- <br /> dorsed unon said bonds, and the Clerk of the Board of Com- <br /> missioners for said County is hereby appointed Bond Regis- <br /> trar for the registration and registration of transfer of <br /> said bonds, subject to the right of the governing body of <br /> the County of Orange hereafter to appoint another Bond Re- <br /> gistrar. No charge shall be made to any bondholder for <br /> the privilege of registration and registration of transfer <br /> herein granted . <br /> I <br /> Section 5. The actions of the County Manager and <br /> the Finance Director and Assistant County Manager of said <br /> County in applying to the Local Government Commission of <br /> North Carolina to advertise and sell said bonds are here- <br />