gcls_citycode_1898_ 0069

ORDINANCES OF THE CITY OF GREENVILLE. 65
cipal of Seventy-five Thousand Dollars Sewerage Bonds Issued Under ordinance Passed 11th day of Febuary, 1892, and Ordinance Amendatory of the sam, Paaed 30th day of Arpil. 1892.
SEC. 1. That the City Treasurer be required to keep a book called the "Bond Register." wherein shall be recorded the numbres, dates and amounts of the $75,000 sewerage bonds, issued under ordinance passed the 11th day of February 1892, and ordinance amendatory of same, passed 30th day of April. 1892.
SEC. 2. That whenever one or more bonds of said issue shall be presented to the Treasurer with the requrest that he register the principal of the same in the name of any person or persons, if said bond or bonds are at the time payable to the bearer or accompanied by a duly executed power of attorney, from its or their registered holder if registered, an endorsement shall be made on the back of said bond or bonds, which shall give simply the date of registry, name of the party or parties in whose name they are to be registered, and said endorsement shall be certified to by the Treasurer of the city. Thereafter the principal of said bond or bonds shall not pass by delivery, but shall be paybale only to the party of parties in whose name it or they may be registered, or to the party or parties to whom it may subsequently be transferred by asssignment on the books of the city by the registered holder or his duly authroized attorney under seal. But said bond or bonds may again be made payable be bearer when so transferred on books of city by registered holder or his attorney.
SEC. 3. That to facilitate the registry of these bonds as above, the City Treasurer shall provide a rubber stamp, made to fit the back of the bonds, with suitable columns and lines, the heading of the first column bearing "Date of Registry," heading of second column "In Whose Name Registered," and heading of third column being "Transfer Agent." Under these respective columns shall be filled in when the bonds are presented for registry, the