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It is hereby further certified, recited and declared that the proceedings, with reference to making such improvements and levying the assessments to pay therefor, have been regularly had and taken in compliance with law, and that all prerequisites to the affixing of the assessment lien against the property benefited by the improvements and of the personal liability of the owner or owners of such property therefore have been performed. This bond is subject to the condition, and every holder hereof by accepting the same agrees with the obligor and every subsequent holder hereof, that (a) the delivery of this bond to the transferee shall vest title in this bond and in the interest coupons attached hereto in such transferee to the same extent for all purposes as would the delivery under like circumstances of any negotiable instrument payable to bearer (b) the obligor and any agent of the obligor may treat the bearer of this bond as the absolute owner hereof for all purposes, and shall not be affected by any notice to the contrary; (c) the principal of and the interest on this bond shall be paid, and this bond and each of the coupons appertaining thereto are transferable, free from and without regard to any equities between the obligor and the original or any intermediate holder hereof, or any set-offs or cross-claims; and (d) the surrender to the obligor or any agent of the obligor of this bond and each of the coupons shall be a good discharge to the obligor for the same. IN WITNESS WHEREOF, the City of Las Vegas, Nevada, has caused this bond to be signed by its Mayor, countersigned by its Treasurer, and its" corporate seal to be affixed hereto and attested and countersigned by its City Clerk, and the annexed coupons to bear the facsimile signatures of said officials, and this bond to be dated, as of the first day of July. (do not sign)____________ Mayor countersigned: (do not sign)_____________ (SEAL) City Treasurer Attested and countersigned: (do not sign) City Clerk (Coupon Form) (For Bonds 1 through 102, Inclusive) (a) $ 4.00 (b) 22.10 (c) 40.00 (d) .40 (e) 2.21 (f) 4.00 No. _______________________________ On the first day of July, 1955 * ** (unless the bond to which this coupon is attached has been called for prior redemption) the City of Las Vegas, County of Clark, State of Nevada, will pay the bear hereof the sum of (a) Four Dollars (b) Twenty Two and Ten One Hundredths Dollars (c) Forty Dollars (d) Forty Cents (e) Two and Twenty-One One Hundredths Dollars (f ) Four Dollars in lawful money of the United Stated of America, out of a special fund designated the "Assessment District No. 100-23 Street Improvement Bond Interest and Redemption Fund," or in the event said fund shall be insufficient therefor out of its general fund, at the offices of the City Treasurer of said City, being one year’s interest on its "Assessment District No. 100-23 Street Improvement Bond, Series of July 1, 1954," and bearing No.__________________. (Facsimile signature) Mayor (Facsimile signature) City Treasurer (Facsimile signature) City Clerk (a) (b) (c) (insert as amount of "a" coupons for bonds in denomination of $100.00, $552.54 and $1,000.00 respectively.) (d) (e) (f) (insert as amount of ”B" coupons for bonds in denomination of $100.00, 552.54 and 1,000.00 respectively.) * (insert "A" or "B" as well as the number of the coupon.) **(Insert in all coupons (except no. 1) maturing on and after one year from date on each bond.)