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22 <br />option of the holder, at Chemical Bank & Trust Company Bank in New York, X. Y., Twenty Dollars <br />(420.00) in any coin or currency, v ich# on the date of payment of this coupon is legal tender <br />for the payment of public and private debts, being six months interest then due on its Court <br />House Bond dated September 1, 1935, and numbered . <br />COUNTY OF INDIAN RMRj FLORIDA <br />'By <br />Chairman,, Board ofi Countyy CoM.issioners <br />of Indian River County, Florida <br />Culerxo boara or younzy Commissioners <br />of Indian River County, Florida. <br />Bond bio. 1 of 0500 denomination and coupons attached thereto shall be in sub- <br />stantially the form set out above, except as to the amount of the interest and principal. <br />Section 4. Said bonds shall be registerable as to principal alone in accordance. <br />with the provisions for registration hereinabove provided for endorsement upon said bonds, and <br />the Clerk of the Board of County Commissioners of Indian River County, Florida, is hereby ap- <br />pointed and designated Registrar for the purpose of registering said bonds, No charge shall be <br />made to any holder of any bonds for the privilege of registration herein granted. <br />Section 5. The Chairman of the Board of County Commissioners ct Indian River <br />County is hereby authorized to execute the bonds in the name of the County of Indian River, <br />Florida, and the Clerk of said Board is hereby authorized and directed to affix the seal c' said <br />Board to the bonds and to attest such seal. The Chairman and the Cork ct said Bm.rd are hereby <br />authorized and directed to cause the coupons attached to said bonds to be executed in the new <br />of said County by their respective facsimile signatures. <br />Section 6. The bonds herein authorized shall be payable as to both principal <br />and interest from ad valorem taxes which shall be levied annually upon an taxable property in <br />the County in a sum sufficient to pay the interest upon said bonds and also a sum sufficient to <br />raise the amount annually required as a sinking fund to meet the principal of the bonds, The <br />full faith and credit of the County of Indian River# Florida are hereby irrevocably pledged to <br />the levy of said tax and to the punctual payment of the principal of and interest on said bonds. <br />Section 7. There is hereby created a sinking fund for the payment of the <br />principal of and interest on said bonds which fund shall be known as "Indian River County Court <br />House Bonds Sinking Fund", <br />There shall be levied in each of the following years a tax sufficient to produce <br />the amount . set opposite the respective years to wit:s <br />1936 <br />1937 <br />1938 <br />1939 <br />1940 <br />1941 <br />1942 <br />1943 <br />1944 <br />1945 <br />•1946 <br />1947 <br />1948 <br />1949 <br />1950 <br />1951 <br />1952 <br />1953 <br />1954 <br />$4140 �- <br />2800 <br />2?60 ✓ <br />3720-- <br />3640,"- <br />3560 <br />72'0✓3640,'- <br />3560 <br />3480 <br />3400 <br />3350 '-- <br />3E40 <br />3160 <br />3080 <br />4000 < <br />3880 <br />3760 <br />4640 <br />4480 <br />4320 <br />4160 <br />such amounts being the amounts required to be levied in each of the respective <br />years to provide a sinking fund for the payment of the interest upon said bonds and to meet the <br />a <br />1 <br />