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BOOK 8 PAGE 135 <br />(Endorsement on Bond) <br />The within bond has been registered as to <br />principal only, as follows: <br />Date of, Name of.Registered Signature of <br />Registration Owner Bond Registrar <br />The issue hereof has been approved under the <br />provisions of the Local Government Act. <br />H. E. BOYLES <br />Secretary of the Local Government Commission <br />By: <br />Designated Assistant <br />(9) The County Accountant is hereby authorized and directed <br />to provide a suitable bond register for the registration of said <br />bonds and to act as Bond Registrar in registereing the bonds and <br />to carry out the provisions set forth in the bonds for the conversion <br />of the bonds into registered bonds and for the transfer thereof. <br />(10) The Local Government Commission of North <br />Carolina is hereby requested to sell said bonds in the manner <br />prescribed by the Local Government Act of North Carolina, and <br />to state in the notice of the sale of said bonds given pursuant to <br />Section 17 of said Act, that bidders may name one rate of interest <br />for part of said bonds and another rate or rates for the balance of <br />said bonds. Said bonds shall bear interest at such rate or rates as <br />may be named in the proposal to purchase said bonds which sahall <br />be accepted by said Local Government Commission in accordance <br />with said Act. <br />(11) The Chairman and Clerk of the County Board of <br />Commissioners are hereby authorized and directed to cause the <br />bonds to be prepared and, when they shall have been duly sold by said <br />Local Government Commission, to execute the bonds and to turn <br />the bonds over to the State Treasurer of North Carolina, for <br />delivery to the purchaser or purchasers to whom they may be <br />sold by said Commission. <br />Commissioners Perry White, seconded the motion, and <br />the motion was adopted by the following vote: <br />AYES: Chairman Franklin D. Wicker <br />Commissioner W. H. Cooper <br />Commissioner J. Eugene Rogers <br />Commissioner Perry White <br />NAYS: Gordon Wicker <br />The Chairman announced that the time had arrived to open bids for <br />the purchase of automobiles for use by the Sheriff's Department and a pick up truck <br />to be used by the Maintenance Department. The County Manager proceeded toopen <br />the bids and the bids were as follows: <br />