1921-04 Form for Time Warrants3010.1*"7
The -following resolution, adopting form of Time Warrant and
Interest Coupons, was introduced by Councilmen R. R. McLaughlin
and"seconded by Councilmen H. 0. Adams: The vote stood as follows:
W. T. Goode 'Yea
0. 0. Davis Yea
R. E. McLaughlin Yea
J. S. Underhill Yea
H. 0. Adamell Yea
Motion carried unanimously and declared passed.
RESOLUTION
Ir WHEREAS, The City Council of the City of Okeechobee bas passed
an ordinance for the issuance of $30,,000-.00 in City Time Warrants,
and WBERM,, it is necessary that the City Council adopt a form for
said Time Warrants and Coupons to be attaobed, therefore be it resolved:
That the form of the said Time Warrants and Coupons shall be in
substantially the following form:
WNITED STATES OF AMERICA
STATE OF FLORIDA'
Number Number
V800- §500
CITY OF OEMHD13EE
WATER SEWERAGE
Time Warrant
Issue of 1921.
Tbi41C&ty of Okeeabobeet Florida, for Talue received, hereby
promises to
pay to bearer the sum of
-----FIVE HUNDRED DOIIAJRB-----
($500.00),"'on the first day of April' V with interest thereonf
at the -rate of seven per cent. per armum, payable sqmi-annnally to
the boarpr of the respective coupons thereof hereto attached, upon
surren44j tbereof as they mature; both principal and interest being
'payable at the Bank of Okeeabobee, Okeechobee,, Florida, or at the
Amerld",41mobange National Bank, New York City, N.Y. t at the option
Of L.tbe hOder.
I I I -Thisllme Warrant is issued by virtue of and in pursnanoe of
Section 47.,.Chapter 8318, Aots of the Legislature at its session of
1919 of the laws of the State of Florida, and of ordinance
it
ot the C14.Council of the City of Okeechobee, duly adoptedl and
is beret.* bertified that every requirement of law relating to the
issuo'bersof hao'been duly.complied with and that this Time Warrant
19,within,every debt and other limit prescribed by the Constitution
and laws of the State of Florida.
IN WITNESS WERREOP, the said City of
Okeechobee has caused its seal to be
hereto affixed, and this Time Warrant
to be sigaed by its Mayor, countersigned�
by the President of the city Counoil,and
attested by the Clerk of the City of
Okeechobee, this lot day of April, A.D
�Vounto Igned
ohob-de
ent, of city Council
ty -cl6tir
At