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year, after date untzl maturity= upon surrender of the annexed <br />coupons as they severally become due, o'r if tmis BoL.d be registered <br />as ~o both prznc!pal an interest, to the registered holder hereof. <br />Both principal and interest of this bond are payable in lawful <br />currency~f the United States of America, at The Chase Manhattan <br />Bank, N.Ao-, New York, New York. ' ~ <br /> This bo~d may be registered by the holder as to principal <br /> or as to both principal and interest in accordance with the provisions <br /> for such registration endorsed hereon. <br /> This bond is one of a series aggreoatzng One Million Dollars, <br /> ~nd is issued for the purpose of making certain ~provements, <br /> extensions, and additions to the revenue producing undertaking of the <br /> City con'sisting of its water, sewe~,and~ sewage disposal systems, <br /> under and pursuant to and in conformity with the Constitution and <br /> statutes of the Commonwealth of Virginia, including Chapter 5 of t'2 <br /> Title 15.1 of the Code of Virginia, 1950, the Charter of the City of <br /> ~' ' of the City held <br /> Portsmouth and an election of the qua£mfled voters <br /> under said Chapter 5 on the fifth day. of November: 1968, and <br /> pursuant to an ordinance duly adopted by the Council of the City of <br /> Portsmouth on the eighth day of October~ 1968 and resolutions duly <br /> adopted by the Council of the City of Portsmouth on the !l~da~ of <br /> November 1969 and November 25, 1969, under said Chapter 5. <br /> It is hereby~ certified and recited that all acts, conditions <br /> and things required by the Constitution and statutes of the <br /> Commonwealth of Virginia~ to ~xist, to have happened, and to be <br /> performed precedent to and in the issuance of this bond, exist: <br /> have happened and have been performed in due time, form and <br /> ma~nez as required by law, and that the issue of bonds of which <br /> within the ctherwise authorized indebtedness of said City ~nd i~ <br /> this is one, together with all other indebtedness of the Czty,~ zs/ <br /> within every debt and other limit prescribed by the Constitution <br /> and laws of the Co~on~ealth of Virginia. <br /> <br /> <br />