1997 - 02-17-97 Regular Meeting - Laserfiche WebLink

Home Browse Search

0 0 23 KOOK 16 PASE 791 NO. R- $ United States of America State of North Carolina COUNTY OF LEE SCHOOL BOND, SERIES 1997 INTEREST MATURITY DATE OF RATE DATE ORIGINAL ISSUE CUSIP April 1, April 1, 1997 REGISTERED OWNER: CEDE & CO. PRINCIPAL SUM: DOLLARS The County of Lee (hereinafter referred to as "County"), a county of the State of North Carolina, acknowledues itself indebted and for value received hereby promises to pay to the registered owner named above, on the date specified above, upon surrender hereof, at the office of the Finance Director of the County, 106 Hillcrest Drive, Sanford, North Carolina 27331 (the "Bond Registrar"), the principal sum shown above and to pay to the registered owner hereof, by check mailed to the registered owner at his address as it appears on the bond registration books of the County, interest on such principal sum from the date of this bond [or from the April 1 or October 1 next preceding the date of authentication to which interest shall have been paid, unless such date of authentication is an April 1 or October 1 to which interest shall have been paid, in which case from such date], such interest to the maturity hereof being payable on October 1, 1997 and semi-annually thereafter on April 1 and October 1 of each year, at the rate per annum specified above, until payment of such principal sum. The interest so payable on any such interest payment date will be paid to the person in whose name this bond is registered at the close of business on the record date for such interest, which shall be the fifteenth day of the calendar month (whether or not a business day) next preceding such interest payment date. Both the principal of and the interest on this bond shall be paid in any coin or currency of the United States of America that is legal tender for the -5-