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510 <br />seats to be sirtined in its corporate name by the Che irmen of the ?nerd of <br />County Commissioners, ding attested bg the Escret¢ry to aeia Board, end the <br />seal of said County to be affixed hereto, all by euthori tc of the ras oluti on <br />of the Board of County C,.mmissione rs duly oessed on February 1, 195)? end <br />entered in the minutes of se id Board. and the party-of the second nest has ~-i <br />caused this instrument to be signed 3.n its corporate name bg its ding author- <br />ized officsrs end its corporate seal to bo heretg of fixed, eL b-r authority <br />of its Bo¢rd of Directors. <br />ORPNC-E COII^ITY (SEAL) <br />By, R. 0. Forrest (SEAL) <br />Chairmen, Board of .. <br />(SEAL) County Commissioners. <br />Attest: J. E. Levis <br />Secratarg to the Board <br />TPA BAT.fri OP CB APEL BILL (SEA ) <br />By, Clyde Eubanks (SEA ) <br />(SEAL) Prasi do nt <br />Attest: E. B. Crawford <br />Secre tery <br />ACCEPTA??CE <br />The foregoing Agreement between Orangs County, North Carolina, and The <br />Br nl.- of Chapel Hill, Chanel Hill, North Cerol'_ne, having first been careful lg <br />reed, the undersigned Bank does hereby ecc ant the trust reposed in it bg said <br />AEreemsnt, end does ^urther acl:novrlsdge the recaint of bonds to the nar velua <br />of not less than :`130,500, es are shown 1n detail bg the et tached inventory; <br />end said Benk does _°u^th er hereby covenant end aGree to hold said bonds in <br />escrow for the sole benefit of Orange County in ecc ordance vrlth the terms of <br />the foregoing agreement. <br />If7 TESTI1dONY OF THE ABOVE ACCEPTANCE, the undersigned Benlc has caused <br />these presents to be signed by its resident or 'li co Presldent, duly attested <br />by its Secretary, and its cornore to .seal to be ¢f fixed, this the 18th deg of J <br />Februer;`, 1954• <br />NATIOiAL CITY BA?HS OF NE'il YORit (SE. ) <br />By, J. Bi. Potter (SEA ) <br />Vice President <br />(SEAL) <br />Attest: D. D. Dickog <br />Assistant Ceshi.er <br />IIdVEPITORY OF 8017DS DEPOSITED 9Y 17?F. BANI{ OF <br />CHo.PEL HILL, CfiAPEL HILL, ?iORTH CAROLP?A, IN <br />SSCRO"t :'IT_TH 77.AT IO"??.L. CI^4_ BP,;iit OF 17E:'! YO?K, <br />TRIISTEB ^OR ORJ.^?GE, CODNTY <br />5113,500. III7ITED sT.4TE5 Or^ ..^hL~'9ICA. TP.EASiIRY 2 1/.!=~ duo 12/15/62/59 <br />'Ios. $Sbg3 for 5500. 1877L2/1~L for 51,000. each 90215 for •`10,000. <br />22954 for x100,000. Int. J/D 15 v+ith 6/15/5. ~ S.C .''• <br />516,000. 03^^-)?^-E COP{TY N. C. SCHOOL BLDG. SE3. A dated 12/1{/50 1 3/)I%'+ <br />due 6/1 65 Nos. 268/83 for `?1,000. each with 6/1/54 °~ 5.0.4. <br />Int. S~ 1 <br />59,000. ORANGE COUiiTY i7. C. SCHOOL BLDG. SERLS A dated 121/50 1 3/4;~ <br />due 6/1 66 Nos 305/313 ++"or S1r 000. each with 6/1/5 & S.C.A. <br />Int. J/ 1 <br />The ro ce ipt of the above listed bonds is herebg acknowledged. <br />This the 1Cth day of Febrvarg, 1954• <br />NATIONAL CITY BAilA OF S1E"7 YOffiC <br />Bg, Vice President <br /> <br />