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37.4
<br />purposes, and the coupons hereto attached are receivable at and after maturity in eay,
<br />ment of 611 taxes, debts and dem(nds due the Uit;y _,f Chaklottesville.
<br />IN .rl '2NESS 'i1jHEREOF, the City of Charlo ttesvil i e, Virginia, has caased
<br />its seal to be hereto attached by the Mayor and the Mayor, Clerk of the Council, and
<br />Treasurer, have hereunto subscribed their names this 1st day of September 1922.
<br />Mayor of the City of Charlottes.
<br />ville, Va.
<br />Cler►: of the Council of the City
<br />of Chfirlo ttesVille, Va.
<br />Treasurer of the City of Charlottes,
<br />ville, Va.
<br />FORM OF COUrON.
<br />Coupon No. y Bond No
<br />$25.00
<br />THE CITY OF CHhRLOTTE:3VILLE, VIF.GIRIA, will pay on the 1st day of March
<br />1923, to the bearer hereof, at the office of the Treasurer of said City, or at the '
<br />National lark Bank of yew York, Twenty" -?'five dollars, the semi-annual installment of
<br />interest on the above bond. This coupon is receivable for all taxes, debts ansa demands
<br />due the City of Charlottesville.
<br />Issued September 1, 1922,
<br />Coupon No.
<br />CITY Treaurer.
<br />Bond No.
<br />11 925.00
<br />THE CITY OF CHARLOTTESVILLE, VI'r;GINIA, will pay on the 1st day of
<br />September 1923, to the bearer hereof, at the Office of the Treasurer of said City, or
<br />at the National Park Bank of New York, twenty-five dollars, the semi-annual installmentof
<br />interest on the above bond. 'phis coupon is receivable for all taxes, debts and demf.nds
<br />due the City of Charlottesville,
<br />Issued September 1, 1922.
<br />Ci ty Treasurer.
<br />The said bonds which bear the corporate seal of the City of Charlottes-
<br />ville shall be signed by the I,Iayor,bhe Clerk of the Council and the Treasurer Df said
<br />City and the coupons shall be authenticated by the lithographed fac simile of the
<br />signature of the City Treasurer which is herby decl,=1red to be in all respevts equitalent
<br />to the manual signing thereof by said treasurer.
<br />While the said bonds or any of them shall remain outstanding and unpaid
<br />there :_,hall annually be levied on all taxable property of the City a tax sufficient to
<br />prsvide for the payment of the principal and interest as the same become clue and Pay-
<br />able .
<br />That the Finance Committee of the City be and is hereby authorized to pro-
<br />ceed to sell the whole of said. issue or any part thereof and deliver the same to the
<br />purchaser. Jaid Fiance Committee is given absolute power to -jet on behalf of the City
<br />in selling said bonds or any part thereof.
<br />I -a- ( J
<br />C E
<br />Adopted b; the Council Se-otember 209 1922•
<br />Ayes Brown &; Joachim. Noes hone.
<br />ct ' C,l �'
<br />is -President.
<br />RESOLUTION ADOPTING THE IRLPORT OF THE FINANCE 00'411I'1'TE3 AND APPROVING SALE OF FOUR
<br />HU10RED THOUSAND DOLLARS OF IAPROVEENT BONDS TO R. 14o GRANT AND C0142ANY9
<br />Ilio 20
<br />RATED
<br />OF NEW YOUR CITY.
<br />3E IT RESOLVED by the Council of the City of Charlottesville that the
<br />following report of the Finance Committee reporting the :,ale of four hundred thousand
<br />dollars of Improvement Bonds to Ii. lei. Grant and Company, Incorporated of New Fork City
<br />Report by approved:
<br />of Finance
<br />Committee. "TO THE COUNCIL OF THE CITY OF CHARLOTTESVILLE:
<br />''he finance Committee reports that R. �l�I. Grant and Company, Incorporated,
<br />of New Yor,, City has made the highest offer for the City Improvement Bonds Your 00
<br />:nittee therefore entered into an agreement with R. 14. Grant and Company InX rp
<br />orated+
<br />covering the sale in which they agreed to U ell R. M. Grant and Company, Incorporated'
<br />four hundred thousand dollars of said bonds.
<br />Said Agreement i s as follows:
<br />Finance Committee of the City of
<br />Charlottesville, Va.
<br />Charlottesville, 'Ia.,
<br />Sept. 15, 1922.
<br />Gentleme n:
<br />We fonfirm having purchased from you "'400,000.00 Ci tv of Cha.rlot tesvl
<br />lle+
<br />Va, IIumicipal Improvement Bonds bearing interest at the rate of fig® per cent (5%) per
<br />
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