Laserfiche WebLink
40 <br />i <br />•0 <br />SECTION 2. EXECUTION OF COUPON BONDS AND COUPONS. <br />The Bonds shall be executed in the name of the County by the <br />Chairman of the Board and counersigned by its Clerk of the <br />Board, and its corporate seal or a facsimile thereof shall be <br />affixed thereto or reproduced thereon. The facsimile signatures <br />of the Chairman or the Clerk of the Board may be imprinted or <br />reproduced on the Bonds; provided, that at least one signature <br />required to be placed thereon shall be manually subscribed. In <br />case any officer who shall have signed or sealed any of the Bonds <br />shall cease to be such officer of the Board before the Bonds so <br />signed and sealed shall have been actually sold and delivered, <br />such Bonds may nevertheless be sold and delivered, as herein <br />provided, and may be issued as if the person who signed or sealed <br />such Bonds had not ceased to hold such office. The Bonds may be <br />signed and sealed on behalf of the County by such person who at <br />the actual time of the execution of such Bonds shall hold the <br />proper office in the County, although at the date of such Bonds <br />such person may not have been so authorized. <br />The coupons attached to the Bonds shall be authenticated <br />with the facsimile signature of any present or future Chairman <br />of the Board, and shall be sealed by imprinting thereon the word <br />"(Seal)". The validation certificate on the Bonds shall be exe- <br />cuted with the facsimile signature of the Chairman of the Board. <br />The County may adopt and use for such purposes the facsimile <br />signatures of any persons who shall have held such offices at any <br />time on or after the date of the Bonds notwithstanding that they <br />may have ceased to be such officers at the time such Bonds shall <br />be actually delivered. <br />SECTION 3. NEGOTIABILITY AND REGISTRATION OF COUPON <br />BONDS. The Bonds issued hereunder shall be and shall have all of <br />the qualities and incidents of negotiable instruments under the <br />law merchant and the laws of the State of Florida, and each suc- <br />cessive holder, in accepting any of said Bonds or the coupons <br />appertaining thereto, shall be conclusively deemed to have agreed <br />-7- <br />