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~pp.~ $?bE 54 <br />the 1st day of June in each year. Both the principal of this bond, <br />and unless this bond be registered as to both principal and inte- <br />rest, the interest hereon, are payable at the principal office of <br />Chemical Bank, in the City of New York, State of New York, or, at <br />the option of the holder or registered owner, at Wachovia Bank & <br />Trust Company, N. A., in Raleigh, North Carolina, in any coin or <br />currency of the United States of America which, at the respective <br />date of payment, is legal tender for-the payment of public and <br />private debts. Payment of the interest on this bond to the maturity <br />~S hereof will be made only upon presentation and surrender of the <br />coupons, if any, representing such interest as the same respectively <br />fall due, or, if this bond be registered as to both principal and <br />interest, payment of the interest on this bond on any interest <br />payment date will be made to the person appearing on the bond <br />registration books of said County of Lee as the registered owner <br />hereof,~'such interest to be paid by check mailed to the registered <br />owner,at his address as it appears on such registration books. <br />This bond may be registered as to principal alone and <br />also as to both principal and interest in accordance with the pro- <br />visions endorsed hereon. <br />This bond is issued pursuant to the County Finance Act <br />of North Carolina, and a bond order duly adopted by the Board of <br />Commissioners of the County on September 7, 1971, to finance the <br />acquisition of vehicles, equipment, apparatus and furnishings to <br />be used by Lee County in conjunction with the maintenance and <br />operation by said County of sanitary landfill.facilities for the <br />disposal of garbage, refuse and other wastes.,. <br />It is hereby certified and recited that all conditions, <br />acts and things required by the Constitution or statutes of the <br />State of North Carolina to exist, be performed or happen precedent <br />-5- <br />