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SECTION 2: Ihe pza¥es shall be negotiabler shall be dated <br />as of J~mle 17~ 1968, shall be payable one year fro'r, date~ ~%}. shall be <br />in such ~e~lou~nstion or denominate, ohs as the City ~3er shall dese~nine~ <br /> <br /> S~3CTION 3. The noyes shall he issues iN besrer for~ with <br />vision fop registration as so ~rinoipal s_~d inheress~ ~ch no~c s~ll bs <br />payable as to both principal a~S in~efes~ a~ the principal office of the <br />origi~oal p,srch2.ser~ or si s~ola ,other places as ray be des!gn~ted by the <br />successf~il bidders. ~ne said noses s}~s.i! he m~uallp si~ed by the ?dayor <br />of the City of PoPvs~outn aai shall be si~aed by the facsL~ie <br />of the City %Peasurer~ with a facsZsAie of the seal of the City Zv[orinted <br />thePeor~ avvested by the facsJ~ile sig~¥s~ta?e of the City ]lerl% and shall <br />be in s~]asts~ntia!]_y the fol!owir~ form~ so-wit- <br /> <br />L%~}!il! STA~S CP }2~2RiCA <br /> <br />CITY OF <br /> <br />BO}~!) A?{P!CIPATiON <br /> <br /> The City of Portsmouth,~ ¥"irgirZ~a~ for value received~ ach~ow!edges <br />itself indebted and_ hereby promises ¥o pay '~o the besmer~ or~ if this nose <br />be registered: to the registered o~m!er hercof~ uroon Dresenbation end <br />s~render hereof~ the principal sum of <br /> Dolisrs (s ) ~ vogebher <br />with the interes o thereon from date hereof a~ ~he rave ~f . per cerf0~ <br />per a~zaum~ ~th principal of and intereso on this nors sro payable on <br />J~aqe 17~ 1969: upon m~Prenaer of this nose: as the pri~oiua! office of <br /> ~ ir; aln~/ coi~ or <br />currency which sn se. id date is legal ~end. er for pa}~.en% of public ~nd <br />private aebts ~ <br /> <br /> T~s nooe is issued F~s~suant vo Cha~bver 5 of TitIe 15.1 of the <br />Code of Virginia, i.950: as sv}ended~ and e Resolution adootec by the Co'macii <br />of the City of PoFtsmouvh~ V~gir~a~ on ~':av 28. i968~ under said Ch~nve'~. <br /> This nose may be regis toped as so ~ri}~ci~ ai end inverest in <br /> aocords~ce n~th the provisions for registration s~n{;~ Ersl~sfeP endorseO <br /> hereon ~ <br /> <br /> iN W!7'~SS i;2~PSOF~ ~e City o~' Pos, tsr~oush has caused this note <br /> to be ms~nually signed by the ldal. oP aha ~o ~e si~6ned by the fscsimi!e sigN~- <br /> atuz?e of the City T~eas'ereP of sa~d 2ity~ s~-z~} a facsir~tie of }ho seal of <br /> th.e Cit~ 6~ be LT'Pi'~el hePeon~ avtesved by the facs~snil.e si~O~vu~e of <br /> the Cit-~ CiePk~ s~d this nose 6o b~ ~.ated J-~ae 17~ 1968~ <br /> <br /> <br />