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1970 Resolutions
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1970 Resolutions
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Last modified
7/17/2001 6:13:04 PM
Creation date
6/22/2001 7:10:43 PM
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Ord/Resolutions
Year
1970
Ord/Resolutions - Type
Resolutions
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(SEAL) <br /> <br />Attest: <br /> <br />City Clerk <br /> <br /> (FORM OF COUPON) <br />No. $. <br /> The City of Portsmouth, a municipal corporation of the <br />monwealth of Virginia, will pay to bearer on the day of -~ , <br />19 , the sum of -- .~ in lawful currency <br />of the. United. States of. America~ a~ The Chase Manhattan~Bank, N.A., New <br />York, mew ~ork, being smx months" inte~e~st then due On its Utility Bond <br />dated , 19 ~ . <br /> <br />'No o <br /> <br />city Treasurer <br /> <br />(FORM OF REGISTRATION) <br /> <br /> This bond may be registered in the~name of the holder on <br />the books kept by the 9ity Auditor of the Ci~'y of Portsmouth, Virginia, <br />as Registrar~ as to prmncipal only, such regis~rabion being not~ here- <br />on by the Registrar in the ~egist~ati0n blank 'below, after whic~no <br />transfer shall be effective agains~ the Registrar, the City of Ports- <br />mouth and the paying agents for this bdnd unless made on said books <br />by the registered holder or attorney duly authorized and similarly <br />noted by the Registrar i~ the registration blank below; but it may be <br />discharged from such regmstrati0n by being transferred to bearer, after <br />which it shall be transferable by del'ivery~ but it may be again~egis- <br />tered as before. The registration of this bond as to principal shall <br />not restrain the negotiability by delivery merely of the coupons per- <br />taining hereto, but the coupons may be surrendered and th~ interest <br />made payable only to the registered h0lder, in which even~ ~the Registrar <br />shall note in the registration blank below that the bond ms registered <br />as to interest as well as to principal. With the consent of the holder <br />and the Cit~of Portsmouth, this bond when converted into a bond re- <br />gistered as to both principal and interest may be reconverted into a <br />coupon bond and again converted inyo a bond registered as to both <br />pri~cipal and interest: as hereinabove provided but always at the <br />expense of the holder. Upon reconversion of this b0nd~ when registered <br />as ~o principal and interest, into a coupon bond, coupons representing <br />the interest to accrue on thisbond to date of maturity shall b'e attached <br /> <br /> <br />
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