4 - City of Oxford

97768— nrow.“-n,mce
MINUTE BOOK No. 24, CITY OF OXFORD
each. The said bonds shall bear interest at the rate of elix per centum (6%)
per annum, payable April 1, 1970, and semi-annually thereafter on October 1
and April 1 in each year. The interest to accrue on said bonds on and prior
to the respective maturity dates thereof shall be evidenced by appropriate
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interest coupons to be attached to each of said bonds. B6th the principal of
and the interest on said bonds shall be payable in lawful money of the United
States of America at the City Depositary of the City of Oxford, in the City o
Oxford, State of Mississippi. The said bonds shall be executed by the Mayor
and countersigned by the City Clerk of said City, under the corporate seal
of the said City of Oxford, and the interest coupons to be attached to said
bonds shall be executed by the facsimile signatures of said officials. The
said bonds shall mature, without option of prior payment, in the amount and
at the times following, to-wit:
BOND NUMBERS
(October 1)
AMOUNT MATURITY
1 and 2 2,000 1970
3 to 5, incl. 3,000 1971
6 and 7 2,000 1972
8 to 10, " 3,000 1973
11 and 12 2,000 1974
13 to 15, " 3,000 1975
16 and 17 2,000 1976
18 to 20, " 3,000 1977
21 and 22 2,000 197 8
23 to 25, " 3,000 1979
SECTION 3. That said Special Street Improvement Bonds and the in-
terest coupons to be attached thereto and the certificate to be endorsed on
the reverse thereof shall be in substantially the following forms, to-wit:
UNITED STATES OF AMERICA
STATE OF MISSISSIPPI
COUNTY OF LAFAYETTE
CITY OF OXFORD
6%
SPECIAL STREET IMPROVEMENT BOND
NO. $1,000
The City of Oxford, in the County of Lafayette, State of Mississippi,
acknowledges itself indebted and, for value received, hereby promises to pay
to bearer
ONE THOUSAND DOLLARS
($1,000) on the first day of October, 19 , together with interest thereon
from the date hereof at the rate of six per centum (6%) per annum, payable
April 1, 1970, and semi-annually thereafter on October 1 and April i in each
year until the principal of this bond shall have been fully paid. Interest
accruing on this bond on and prior to the maturity date hereof shall be payable
upon presentation and surrender of the interest coupons hereto attached as
they severally become due.