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Las Vegas City Commission Minutes, March 1, 1922 to May 10, 1929, lvc000002-159

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lvc000002-159
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    (FORM OF BOND) " No.______________ UNITED STATES OF AMERICA STATE OF NEVADA COUNTY OF CLARK $1000.00 LAS VEGAS HIGHWAY BONDS. (1925 SERIES ) KNOW ALL MEN BY THESE PRESENTS: That the City of Las Vegas, Municipal corporation duly organized and existing under the laws of the State of Nevada, acknowledges itself to he indebted and for value received hereby promises to pay the bearer on the____________day of _____________,19________the principal sum of One Thousand Dollars, together with interest thereon from date hereof until paid, at the rate of six per cent (6%) per annum, payable semi­annually on the first day of July and the 2nd day of January of each year, which interest to the date of the maturity of the principal is evidenced by and payable upon presentation and surrender of the annexed interest coupons as they severally become due. Interest on this bond shall cease on the date the bond becomes due and payable. Both principal and interest on this bond are payable in Gold Coin of the United States of America, at present standard, of weight and fineness, at the office of the City Treasurer in the City of Las Vegas, County of Clark, State of Nevada, and forth prompt payment of the principal and interest of these bonds as they respectively become due, the full fiaht, credit and resources of said City are hereby irrevocably pledged. This bond is one of a series like date, tenor and amount but different maturities issued for the purpose of constructing a highway through said City of Las Vegas to connect tith Route 6 of the State Highway System, and pursuant to an election duly called and held at which more than a majority of the qualified electors voted in favor of the issuance of said bonds, and proceeding of the Board of City Commissioners duly passed and adopted, and it authorized by and issued in full conformity with the requirements of the Constitution and laws of the State of Nevada, including Chapter 74 of the Session Laws of said State for the year 1923, and all acts of the Legislature amendatory thereof, and supplemental thereto. It is further certified and recited that all acts, conditions and things required by the Constitution of laws of the state of Nevada to exist, happen and to be preformed precedent to and in the issuance of this bond have existed, happened and have been preformed in regular and due form, time and manner as required by law, and that the amount of this bond together with all other indebtedness of said City does not exceed any constitutional or statutory limitations. IN WITNESS WHEREOF, said Board of City Commissioners of Said City have caused this bond to be signed by the Mayor of said City, countersigned by the City Treasurer, and authenticated by the seal of said City, and the interest coupons hereto annexed to be authenticated with the lithographed facsimile signatures of said Mayor and the City Treasurer, and this bond to be dated the__________day of __________________, 19____________.