Book 14 (January 1950 - July 1954) - City of Oxford

~~O"EMENT - MERIDIAN~ #:~ ~ - '--'--~MINUTE BOOK No. 14, CITY OF OXFORD.--~--... ,,- -.-.~ ~----'.'-'-"--'--', ... _. . ~ --~-~------~--~ ~===the respective maturity dates thereof shall be evidenced by appropriate interestcoupons to be attached to said bonds.Both principal of and interest on the saidrefunding bonds shall be payable in lawful momey of the United States of Americaat the Union Planters National Bank & Trust Company, in the City of Memphis, Stateof Tennessee. The said bonds shall mature, without option of prior payment, asfollows:Trust Company, in the City of Memphis, State of Tennessee, and for the prompt payf=I ,BOND NUMBERS AMOUNT MAUTRITY1 to ll, incl. $10,4S5.S4 June 1, 195312 to 21, incl 10,000.00 June 1, 195422 to 31, n 10,000.00 June 1, 195332 to .41, n 10,000.00 J"une 1, 195642 to 51, It 10,000.00 June 1, 195752 to 61, n 10,000.00 June 1, 195862 to 71, n 10,000.00 June 1, 195972 to Sl,"10,000.00 June 1, 1960S2 to 91 n 10,000.00 June 1, 196192 to 101,"10,000.00 June 1, 1962L_ JiSECTION 4. That the said refundin'C: bonds shall be executed by thesignature of the Mayor of said City, conuntersigned by the City Clerk, underthe corporate seal of the said City of Oxford. The interest coupons to be attachedto '.said bonds and to evidence the interest accruing thereon onand prior to the respective maturity dates of the said bonds shall be executedby the facsimile signatures of said officers, and the said bonds and interestcoupons shall be in substantially the following forms, to-wit:No. __ _UNITED STATES OF AMERICASTATE OF MISSISSIPPICOUNl'Y OF LAFAYETTECITY OF OXFORD2 1/2%REFUNDING SPECIAL STREET IMPROVEMENT BONDOF 1951$_--The City of Oxford, in lafayette County, Mississippi, acknowledges itselfindebted and, for value received, hereby promises to pay to bearer hereof'the sum ofDOLLARS($ ____ ) on the first day of June, 19 __ , (without option of prior payment),with interest thereon from the date hereof at the rate of two and one-half percentun (2-1/2%) per annum, payable semi-annually on June 1 and December 1 in eachyear until the principal of this bond shall have been fully paid. Interest accruingon this bond on and prior to the maturity date hereof' shall be payable uponpresentation and surrender of the annexed interest coupons as they severally becamedue.Both the principal of and the interest on this bond. are payable in lawfulmoney of the United States of America at the Union Planters National Bank &II: I/L)------~i