• - ' .
<br /> • annual installments -on June. 1 in each Sear-as fellows. $30900 -in. each
<br /> - - - 'of the years 1:957 to. 1975, inclusive,. 635;000• in :the: year 1976, $50,0,00�
<br /> in 'each• of`the years 1977; 1976 and 1979, •C75,000 in each of the years 1
<br /> 1980'.to-.198t; incl'nsive9 and ; 70,,000.:in`'the. year- 1985<
<br /> • ' - -(8) ,.The County Building' Bonds-;shall consist "of .one hundred and
<br /> sixty-seven bonds:01i the denomination of -6w1.9000_:each9 numbered from
<br /> 1 to167, inclusive in the eider :Of their--maturity:,``and shill be •
<br /> • payable.,in .annual:.installments .on June'.1 in each'year as -.follows : -
<br /> 0209000 ,in •19579::859000 in each .of the;years 1958 and`19591 88,000 in,
<br /> • : `_ 1960, 069009 in 'each.or.. the years,•.1961'4,`1962 and, 1963, $89000 in each •
<br /> of the years:.•196tr=‘to:'19709 inclusive9 $10,000 in-each of the.-years
<br /> 1971 to::1975,. incl'usige9 :and., 5;000 ,in,1975,: y '` r •
<br /> :(9); ; All of, said bonds.'.shall' be 'dated December• 19'."1955;. Each
<br /> bond shall bear, interest .from its :date.-at a•rate !hich shall be here-
<br /> after 'determined end thick/Sha11 not: exceed° six_per. eentum ..(653) per'
<br /> • :annum.:,:Such.interest shall sbe 'payable sem -annually on:'June..1 ,and
<br /> •
<br /> December. ; -" , •
<br /> .
<br /> ('10) Said"bonds shall be coupon bonds, registerablo -as to. •
<br /> .
<br /> only, and shall be' signed by:T:the Chairman 'and Clerk of the •
<br /> Board of;.Commissioners:- of-the-•.County.. ;'The corporate,seal of. the' County
<br /> - shall be affixed to each of the bonds. Each.of the interest *coupons, •
<br /> - to be attached to• the bonds shall be authenticated •by the facsimile
<br /> signature of. said Clerk. Both principal of •and interost 'on the bonds
<br /> •,-, shall be 'payable.. at 2the principal.,office of the ;Chemical'Corn Exchange ''' •
<br /> • - Bank, in the Borough -of Manhattan; ;City,:and•"State of Nov. York, or9-.at
<br /> • the. option•of the holder ;at the "ttachovia Bank and:Trust -Company, in
<br /> .. the City bf Raleigh, .,North-Carolina, in'_any: coin or -cur renCY- of ;the
<br /> ..United States of-Atherica .which -at the •time:of ;payment is• leg
<br /> •. al tender,
<br /> for the..payment of,.public%and; private..debts. -
<br /> • (,11) `: Each of the bonds and the interest coupons representing: .
<br /> •` the-interest'.payable-thereon, the, provisions for. the- registration
<br />
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