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different or varymno ra~es, not to exceed six per centum per annum · d on any bond, as may be determmne at th~ time of sale. Int'erest on the Bonds shall be payable semi-annually, with the first, interest payment date being the day which is six months from the date of the Bonds. Both principal and interest of said Bonds shall be pay- able-in lawful currency of the United States of America, at The Chase Manhattan Bank, N.A., New York, New York· The Bonds shall mature serially in numerical order, in such principal amounts and at such times as shall be metermmned y the Cm~y Manager within the limits of the Public Finance Act of 1958. The bonds may be redeemable or not redeemable as the City Manager may determined and if ~edeemab!e~ shall be redeemable at such times and prices as he may determine with- in the limits of thc Public Finance Act of 1958. The date, interest payment dates, interest rate or rates~ maturities, and redemption terms and prices~ if any, shall be submitted to the City Council, for its approval prior to the issuance and delivery of the bonds. The Bonds shall be signed by the Mayor and by the City Treasurer of the City of Portsmouth, either of whose signature upon the Bonds may be a fa6simile of his signature. A facsimile of the seal of the City of Portsmouth shall be imprinted thereon, attested by the facsimile signature of the City Clerk. The coupons attached to the Bonds shall be signed by the facsi$ile signature of the City Treasurer. The Bonds and coupons pertaining thereto shall be sub- stantially in the following form, to-wit: ~NITED STATES OF A~RICA COMMONWEALTH OF VIRGINIA CITY OF PORTSMOUTH GENERAL OBLIGATION BOND No. $57000,00 The City of P~rtsmouth, a municipal corporation of the Com- monwealth of Virginia, hereby acknowledges itself indebted for value received and promises to pay to the bearer, or if this bond be regis- tered~ to the registered holder hereof, on the . day of , 19 , the sum of Five Thousand Dollars, upon t~e surrende~ hereof~ and to pay interest thereon at the ~rate of per centum per annum payable semi-annually on the day of~ and in each year, after date, until maturity, upon sur- render of the annexed coupons as they severally become due~ or if this bond b~ registered as to both principal and interest, to the registered holder hereof. Both principal and interest of this bond are payable mn lawful currency of the United States of America at The Chase Manhattan Bank, N.A.~ Ne~ York, New York. Th.is bond may be registered by or as to both principal and interest in for such registration endorsed hereon. the hold~ as. to principal accordance with the provisions -2-