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<br />e <br /> <br />e <br /> <br />e <br /> <br />_ .1.:..Qg - BANK OF PAYMENT: That both principal of and interest on <br /> <br /> <br />said bonds shall be payable in lawful money of the United States <br /> <br /> <br />of America, without exchange or collection charges to the owners <br /> <br /> <br />or holders of said bonds and/or the interest coupons appurtenant <br /> <br />thereto, at the La Porte State Bank, La Porte, Texas. The princi- <br /> <br /> <br />pal of said bonds shall be payable only upon presentation and <br /> <br /> <br />surrender of said bonds as they respectively become due, and in- <br /> <br /> <br />terest falling due on and prior to the respective maturity dates <br /> <br />of the bonds shall be payable only upon presentation and surrender <br /> <br />4It of the interest coupons attached to said bonds as such interest <br /> <br />coupons severally become due. <br /> <br />Section 4= <br /> <br /> <br />EXECUTION OF BONDS AND INTEREST COUPONS: That each of said bonds <br /> <br /> <br />shall be signed by the Mayor and countersigned by the City Clerk, <br /> <br /> <br />by their lithographed or printed facsimile signatures, and the <br /> <br /> <br />facsimile of the corporate seal of said City shall be lithographed <br /> <br /> <br />or printed upon each of said bonds, The interest coupons attached <br /> <br /> <br />to said bonds shall also be executed by the lithographed or <br /> <br /> <br />printed facsimile signatures of said Mayor and City Clerk. Said <br /> <br /> <br />facsimile signatures on the bonds and interest coupons shall have <br /> <br /> <br />the same effect as if each of said bonds had been signed manually <br /> <br />,e <br /> <br />and in person by each of such officers, and said facsimile seal <br /> <br />on the bonds shall have the same effect as if the official seal <br /> <br /> <br />of said City had been manually impressed upon each of said bonds. <br /> <br /> <br />The registration certificate of the Comptroller of Public Accounts <br /> <br /> <br />of the State of Texas, which certificate is to be printed on the <br /> <br /> <br />back of each of said bonds as set forth hereafter in Section 7 <br /> <br /> <br />of the ordinance, shall be manually subscribed, and the official <br /> <br /> <br />seal of said Comptroller shall be manually impressed thereon. <br /> <br />-5- <br />