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 />
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