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City Treasurer <br /> <br /> (FO~4 OF REGISTRATION) <br /> <br /> This bond may be registered in the name of the holder <br /> on the.boo2<s kept~.bv the Director of Einance of the City of <br /> Portsmouth, ~irgini~, as Registrar, as to principal only, such[ <br /> registration being noted hereon by the Registrar in the regis- <br /> tration blam~k:_betow, afte~ which no transfer snatt b_ effective <br /> against the.-~egistrar£ the City of Portsmouth a~d-tb_e paying <br /> ~agents fom tD~s bond un!e~s ma~e on s~id books ~by the register= ed holder~or attorney duly autnormzed and smmm£arty noted by <br /> ~he Regis~ram in the.registration~b!ank below; but it may be dis- <br />~charged fzomcmuch~registration~by-bein-g tr~nsferze~ to bearer,r <br /> ~after whidh ~t'sh~!l 'be transferable'by deliverY, bu~ ~t may be <br /> ~gain registe~r~ed as before. The registration of this bond as to <br /> principal-shall not restrain the negotiability by delivery mere- <br /> .ty. of the~¢oupons pertaining hereto, but the coupons maybe sur- <br /> ~rendered.and ~the interest made payable only to the registered- ~ <br /> holder, i~ wbi~hevent the Registrar shall note in~.the registra- <br /> ~tion blank beto%~"that the bond is registered as ~o interest as- <br /> well as to pmincipai~ With the consent of the holder and the <br /> City of Portsmouth, this'bond when converted into a bond regis~ <br /> tered as to both principal and interest may be reconverted into <br /> a coupon bond' and again converted into a bond registered as to~ <br /> both principal and interest, as hereinabove provided but always <br /> at the ex?ense of the holder. Upon reconversion ~f this bond, <br /> when registered as to principal and interest, into a coupon bond, <br /> coupons-representing the interest to accrue on this bond to date <br /> <br /> S! G~NA ~JRE OF- <br />~. ~ RE~ISTRAR~ ..... <br /> <br /> Section 2. The full faith.and credit of the City of <br />Portsmouth shall_be pledged ~to the payment of the principal of -.- <br />and interest on the utility Bonds. The principal and interest <br />of the Utility Bonds shall be payable ~rom ad valorem taxes with- <br />out !L~itation of rate or amount, if the revenues of the undertaking <br /> <br />-6- <br /> <br /> <br />