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<br />until paid at the rate of six per cent (6%) per annum, payable semi-annually on the fif-
<br />teenth days of February and .August in each year, on presentation and surrender of the
<br />interest coupons hereto attached as they severally become due. Both principal and
<br />interest on this bond are payable in lawful money of the United States of America, at
<br />the Chase National Bank, in the City of New York, New York, and for the prompt payment
<br />of the principal and interest hereof then due, and for the levy of taxes sufficient
<br />therefor, the full fe,ith, credit and revenues of said County are hereby irrevocably
<br />pledged.
<br />This bond is one of a series issued by the Board of County Commissioners of said
<br />County pursuant to the provisisotis of House Bill number 1309 of the :Acts of the Legis-
<br />lature of Florida, regular session 1927, and in conformity with resolutions of the
<br />Board of County Commissioners of said County, duly passed, for the purpose of refunding
<br />a like amount of the indebtedness of said County for the payment of which the credit of
<br />said County has been pledged.
<br />And it is hereby certified and recited that all acts, conditions and things requires
<br />by the Constitution and laws of the State of Florida to be done precedent to and in the
<br />issuance of this bond, and precedent to and in the issue of the indebtedness hereby
<br />refunded, were and have been properly had, done and performed in regular and due form
<br />and time as required by law; that the indebtedness hereby refunded was a valid, subsist-
<br />ing and legal obligation of said County; that adequate provision has been made for the
<br />payment of the orincipal and interest of this bond at maturity, and that the total
<br />indebtedness of said County, including this bond, does not now, and did not at the time
<br />of incurring the indebtedness hereby refunded, including said indebtedness, exceed any
<br />constitutional or statutory limitations.
<br />IN WITNESS QT ' OF, said County, by its Board of County Commissioners, has caused
<br />this bond to be signed by the Chairman of the Board and countersigned and attested by the
<br />Clerk thereof, with the seal of said Board as the corporate seal of said County attached,
<br />and the coupons hereto attached to be signed by said Chairman and Clerk, by their fac-
<br />simile signatures, and said officials, by the execution of this bond, do adopt as and fo3
<br />their proper signatures their respective fac-simile signatures appearing on said coupons
<br />all as of the fifteenth day of August, 1927.
<br />Countersigned
<br />and attested:
<br />C Jerk,
<br />Board of County Commissioners.
<br />(FORK OF COUPON)
<br />NO.
<br />Dhai rman ,
<br />Board of County Commissioners,
<br />On the
<br />fifteenth day
<br />of
<br />19
<br />,Indian River County, Florida, will pay to
<br />bearer
<br />Dollars
<br />(
<br />) at the
<br />Chase National Bank, New York, New York, for
<br />interest due that date on the Refunding Bond of said County, dated August 15, 192791To.
<br />Chairman ,
<br />Board of County Commissioners.
<br />Clerk,"
<br />Board of County Commissioners.
<br />Section 3. That said bonds be executed as herein provided, as soon after the pas
<br />hereof as may be, and be thereupon delivered to the holder of the time warrants hereby
<br />authorized to be refunded, in exchange therefor, and a like principal amount of said
<br />time warrants shall be canceled simultaneously with the delivery of 'the bonds hereby
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