4498ORDINANCE NO. Vy1`g�F
AN ORDINANCE "ENDING ORDINANCE NO.4 z/z/fIPASSED AND
APPROVED ON THE Oth DAY OF OCTOBER, 1929.
BE IT ORDAINED BY THE CITY COUNCIL OF LITTLE ROCK, ARKANSAS:
Section 1. That Section 2 of Ordinance No.4(4(yof
the City Council of the City of Little Rock, passed on the 15th
day of October, 1929, be amended to read as followst
"Section 21 Said bonds shall be in substan-
tially the following form:
UNITED STATES OF AFRICA
STATE OF ARKANSAS
CITY OF LITTLE ROCK
5% AIRPORT, HOSPITAL AND FIRS EQUIPMENT BOND
No. $1000.
KNOW ALL MEN BY THESE PRESENTSt
That the City of Little Rock, in the County'
of Pulaski, and State of Arkansas, acknowledges itself
to owe and for value received promises to pay to bearer
the sum of
ONE THOUSAND DOLLARS
in lawful money of the United States of America, on the
first day of September, 19 , with interest thereon
from the first day of Novenber, 1929, at the rate of
five per centum per annun, payable semi - annually on the
first :day of March and September of each year, on pre-
sentation and surrender of the annexed interest cotipd#
as they severally mature. Both principal and interest
of this bond are hereby made payable at the of f ice of
Halsey, Stuart & Company, in the City of Chicago, Illinois
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or in the City of New York, at the option of the holder
t
hereof.
This is one of a series of five hundred and
fifty -fire (55 5) bonds, aggregating Five Hundred and
Fifty- -five Thousand Dollars 0555,000), all of like
tenor and effect, except as to maturities, numbered
from one to five hundred and f if ty- five:, inclusive,
issued for the purpose of purchasing a site for and
equipment of a municipal airport, for the purchase of
fire - fighting apparatus and a fire alarm system, and
for the construction of an addition to the little Rock
General Hospital and purchase of equipment therefor,
and the said City of Little Rock hereby covenants that
in the issuing of this bond it has proceeded in accord-
ance with the provisions of the Amendment which was
adopted as Amendment No.15 to the Constitution of the
Mate of Arkansas, now Amendment No.13, and in accord-
ance with the laws of said State, under ordinances of
the City Council of said City, and in pursuance of an
election duly held, at vhic$ the majority of the legal voters.
of said City voted in f avor of the issue of said bonds;
that all things necessary to the validity of this bond
under the laws of the State of Arkansas, and particularly
under said Amendment to its Constitution, have existed,
have happened and have been performed as required by law;
and that a tax sufficient to pay the bonds aforesaid has
been duly levied in accordance with said Constitutional
Amendment, and made payable annually until the last of
said bonds. has been fully paid and discharged. For the
prompt payment of this bond and the interest thereon, the
said City of Little Rock hereby pledges its full faith,
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credit and taxing power, including the five mil1 tax
t
authorized to be levied by said A?nendment to the
Constitution, and applicable to the payment of this
bond and other bonds of this series.
This bond may be registered as to principal
in a book kept for the purpose in the of face of the
City Clerk. After such registration no transfer here-
of shall be valid except and until registered on said
book, unless such previous registration shall have been
made to bearer, which shall restore transferability by
delivery.
This bond shall not be valid until authenti-
cated by the certificate hereon of the Bankers Trust
Company of Little Rock, Arkansas.
IN WITNESS WHEREOF, the City of Little Rock
has executed this bond by the hands of its Mayor and
City Clerk, and attested it with its corporate seal, and
has caused the coupons hereto attached to be authenticated
by the fac simile signature of its Mayor, on this first
day of November, 1929.
Attests
CITY OFA=rNTIZ .�
City Clerk
To each of said bonds are attached coupons for
the semi-annual interest in the following forms
$25.00
No.
March
On the first day of Sept., 19`, the City of Little
Rock, Arkansas, promises to pay to bearer Twenty -five- Dollars,
at the office of Halsey, Stuart & Company, in the City of
L
4--
gChicago, Illinois, or in the City of New York, at the
option of the holder hereof, being six months interest
then due on its Airport, Hospital and Fire Equipment
Bond dated November. 1, 1929, and numbered
M or.
('The first coupon, attached to each bond will
be for ten months interest, due September 1, 19309
$41.67.)
(The signature of the Mayor to the coupons
attached to said bonds may be lithographed or engraved.)
On the back of said bonds shall appear the
following
CERTIFICATE
This is to certify that this is one of the
555 bonds of the issue mentioned and described within.
BBB TRUST COMPARX
By
T.i ttl w_ R�e�Y� prkansAS
, - .
(CERTIFICATE OF REGISTRATION.)
No writing on the back of this bond except by
the City Clerk of the City of Little Rock.
DATE OF FUGISTRYt IN WHOSE NAME REGISTEREDs REGISTRAR
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The City Clerk is hereby authorized and
ordered to transmit to Halsey, Stuart & Company, at
its office in Chicago, Illinois , the sum$
necessary to pay the maturing principal and interest
in each year, together with the f ee of 12 X f or each
$100 par value of bonds and 25,t for each $100 par
value of coupons,
charged by the said paying agent for
its services in paying the bonds and coupons. k
Section 2• It is ascertained and hereby declared that
the City of Little Rock has no proper airport, and that the con-
struction of a proper airport, where airplanes can land and take
off, is essential to the public safety; that its fire - fighting
apparatus and fire alarm system are in imperfect condition, and
that the purchase of fire - fighting apparatus and a fire alarm
system are essential to the public safety; that its General Hos-
pital is not large enough to meet the public needs and its equip-
ment is insufficient, and that the building of an addition to
said Hospital and the purchase of equipment therefor are essen-
tia]. to the public health; and it is therefore declared than an
emergency exists, and that for the preservation of the public
health and safety it is necessary that this ordinance go into
immediate operation, and this ordinance shall therefore take ef-
feet and be in force from and after its passage.
pmt October 28, 1929.
Approved:
1tt68ti' � '
Q(Yor. '
0 Clerk.