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244 <br />Date of NAME OF Signature of <br />'Registration Registered Owner Bond Registrar <br />(Form of coupons) <br />No, $ <br />On 1, 19 , <br />the County of Orange, North Carolina, will pay to bearer at Manufactu- <br />rers Hanover Trust Company, in the Borough of Manhattan, City and State of New York, <br />upon the presentation and surrender hereof, the sum of Dollars in <br />any coin or currency of the United State of America whic- et t tee of payment is <br />legal tender for the payment of public and private debts, as proveded in and for <br />the semi-annual interest then due upon its School Building Bond, dated December 1, <br />1961, numbered <br />Register o Deeds an ex o c o <br />Clerk of Board of Commissioners <br />Section 4. Said bonds shall be registrable as to principal alone in accordance <br />with the provisions for registration hereinabove in this resolution provided to be <br />endorsed upon said bonds, and the Register of Deeds and ex officio Clerk of the <br />Board of Commissioners of said County is hereby designated Bond Registrar for the <br />registration and transfer of said bonds, subject to the right of the Board of Comm- <br />issioners hereafter to designate another Bond Registrar, No charge shall be made to <br />any bondholder for the privilege of registration and transfer herein granted. <br />Section 5. The action of the County Attorney in applying to the Local Govern- <br />ment Commission for the advertisement and sale of said $1,500,000 School Building <br />Bonds be and the same is hereby ratified and confirmed. <br />Upon motion of Commissioner McDade, seconded by Commissioner Walker, the <br />foregoing resolution entitled: "RESOLUTION PROVIDING FOR THE ISSUANCE OF $1,500,000 <br />SCHOOL BUILDING BONDS" was passed by the following vote: <br />Ayes: Commissioners Harvey Bennett, Donald McDade, Clarence Jones, Donald <br />Stanford and Henry Walker. <br />Noes: None <br />reed: <br />Thereupon Commiasioner Bennett introduced the following resolution which was <br />RESOLUTION AUTHORIZING THE PRINTING OF <br />THE LEGAL OPII4ION ON THE $1,500,000 <br />SCHOOL BUILDING BONDS DATED DECEMBER <br />1, 1961 <br />BE IT RESOLVED by the Board of Commissioners for the County of Orange: <br />Section 1. There shall be printed on the reverse of each of the $1,500,000 <br />School Building Bonds to be issued by the County of Orange under date of December <br />1, 1961, the legal opinion of Mitchell, Pershing, Shetterly & Mitchell, Bond Counsel <br />to the County of Orange, with respect to the validity of said bonds, and there shall <br />be printed immediately following such legal opinion a certificate signed with the <br />facsimile signature of the Chairman of the Board of Commissioners for the County <br />of Orange, said certificate to be in substantially the following form: <br />I HEREBY CERTIFY that the foregoing <br />is a true and correct copy of the legal <br />opinion on the bonds therein described <br />which was manually signed by Mitchell <br />Pershing, Shetterly & Mitchell, New York, <br />N. Y„ and was dated as of the date of <br />delivery of and payment for said bonds. <br />(Facsimile Signature) <br />rman,Bo-ear of Co?rs o r the <br />County of Orange, North Carolina