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G7` <br />acquiring necess¢ry land and equipment therefor, in order to maintain the six months school tern in <br />s¢id County ae reouired by Sectioa 3 of Article IX of the Constitution, and this bond is issued urxier <br />and nursunnt to The County Finance Act, as amended, end the Local Government Act, ¢s amended, erns an <br />order which was approved by the vote of ¢ msiority of the Qualified voters of slid County Who voted <br />thereon ¢t an election duly c¢lled and held, end resolutions dssly passed by the Hoard of Cococission,rs <br />far said County. <br />It fs hereby certified and recited thst all acts, conditions and things reeuired to h¢poen, e::ist <br />and be oerformed precedent to end in the issuance of this bond b,; the Constitution and leas of IJorth <br />Carolirr have hnpcened, calst and have been performed in reguLr end due farm end time es so resuired{ <br />th¢t orovision has bran made for the levy end collection oT a direct annual tax upon eL taxable <br />property within said County sufficient to c¢y the principal of er the interest on this bond as the <br />same shall became dvep and that the total indebtedness of said County, including this bond, does not <br />exceed any constitutional or statutory irmr ration thereon. <br />This band n¢y be registered ¢e to principal clone 3n ¢ecord¢nce With the provisions endorsed hereo <br />Stl '1QTI>;'SS tTh3::%OF, said County of Oz•ange, by order of its Board of Commissioners, has enured this <br />band to be signed by the Chairman of said Banal ¢nd by the Ae gister of Deeds and ex officio Clsrk of <br />said Honzd, under the corporate seal of sn5ti Board, and 'Was caused the interest ecupons attached hereto <br />to be executed with the facsimile signature of said flsgister of Deeds and ex officio Clerk, all ns of <br />the 1st day of Sune, 1957. <br />Ch¢ir-cen of Hord of Commissioners <br />Register of Deeds and ex officio <br />Clerk of Board of Commissioners <br />(Endorsements upon bonds) <br />CERTIFICAT' OF IACAL GOIr'AFlLLriIT C019:iISSIOiV <br />The issuance of the within bond has been approved under the provisions of the Iacel Government <br />Act of t.orth Cerallrv. <br />C!. E. EASTERLIiv'G <br />Secretary, Local Government Commission <br />Hy: <br />Designated Aseist¢nt <br />PROVISIO;IS FOR ~GISTRATIOIJ <br />This bond msy ba registered as to principal alone 3n the Hoai Register of the County of Orange by <br />the County Accountant ¢s Hor3 Registrar, at his office in Hillsborq or o~ such other Hong Registrar <br />¢s tray be leg¢lly designated by the Hoard of Commissioners for said County, uooa ore setttation he re of <br />to the Bond Registrar who shell ma Ps not¢tion of such registration in the registration blank below, and <br />this bond may thereafter be transferred only upon a duly executed assignor=nt of the registered owner <br />ar his attorney, 1n such form as shell be s¢tisfactory to the Hord Registrar, such transfer to be made <br />on such Bond Register and endorsed hereon by the Honl Registrar. Such transfer' may to to bearer and <br />thereby tr ¢nsfembility by delivery shall be restored, but this bond shall again be subject to succesci~ <br />registrations and transfers as be_^are, The principal of this bond, if registered, unless registered to <br />bearer, shall be pay¢ble only to or upon tF.e order of the registered owner or his legal representative. <br />Notnithstnn3ing the registration pi this bond as to principal alorz, the ccuoons shall rensin psyable <br />to teeter and shall continue to be transferable by delivery, <br />D¢te of <br />Heeistration <br />t1o, <br />Oa <br />t7ame of <br />Reeistered Ormer <br />(Form of swoons) <br />1, 19_, <br />Signature of <br />Hord Reeistrar <br />a <br />the County of Orange, Ilarth Cnrolir~e, wiL p¢y to tearer at The Hanover Henk, in the Borough of <br />::anhsttan, City end Starr. of ?few Yort, uooa the presentation and surrender hereof, the sum of <br />Dollars in any coin or curroncy of the United States <br />of Are rice which at the time of ogvment is legal terdez' for tF.e payment of public and private debts, <br />ss provided in and for the semi-nnnusl interest then dva upon its School Building Bond, Series <br />dated .June 1, 1957, numbered ~' <br />Aegister of Deeds and ex officio <br />Clerk, of Bmrd of Commissioners <br />