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Res65 4810
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Res65 4810
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Last modified
5/11/2011 3:28:37 PM
Creation date
5/11/2011 3:28:36 PM
Metadata
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Regular
Agency Type
City Council
Date
11/1/1965
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• 4 <br /> signatures. The Clerk is hereby authorized and directed to <br /> sign each of the interest coupons by printed, lithographed <br /> or engraved facsimile signature. Such signing, countersigning <br /> and sealing as herein provided shall be a sufficient and <br /> binding execution of the bonds and coupons by the District, <br /> and all such signatures and countersignatures, excepting that <br /> of the Clerk or his deputies on the bonds, may be printed, <br /> lithographed or engraved. In case any of the officers whose <br /> signatures or countersignatures appear on the bonds or coupons <br /> shall cease to be such officer before the delivery of the bonds <br /> to the purchaser, such signature or countersignature shall <br /> nevertheless be valid and sufficient for all purposes the same <br /> as though they had remained in office until the delivery of the <br /> bonds. The seal of the City may be printed, engraved, stamped <br /> or otherwise placed in facsimile on the bonds. <br /> Section 6. The Council will keep at the office of <br /> the Treasurer at all times when any of the bonds shall be out- <br /> standing and unpaid, books for the registration and transfer <br /> of the bonds. The owner of any bond may present the bond at <br /> such office to the Treasurer and request the registration of <br /> such bond as to principal and interest. The Treasurer shall <br /> cut off and cancel the coupons attached to such bond and shall <br /> cause to be endorsed upon the back of such bond so presented <br /> a statement to the effect that the bond is registered in the <br /> name of the owner and that thereafter the principal of and <br /> interest on the bond are payable to the registered owner. <br /> Such statement shall be substantially in the form hereinabove <br /> set forth. After such registration and notation no transfer <br /> of any such bond shall be valid unless evidenced by a written <br /> instrument of transfer in form satisfactory to the Treasurer, <br /> duly executed by the registered owner in person or by his duly <br /> 10 <br />
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