gcls_citycode_1894_107

Ordinaces of the City of Greenville. 97

of the City of Greenville, South Carolina, in Council as-
sembled, and by authroirty of same, That the City
Treasurer be required to keep a book called to " Bond
Register," wherein shall be recorded the numbers, dates
and amounts of the $75,000 sewerage bonds, issued un-
der ordinance passed 11th day of February, 18 92, and
ordinance amendatory of same, passed 30th day of
April, 1892.

SEC. 2. That whenever one or more bonds of siad issue
shall be presented to the Treasurer with the requires that
he register the principal of same in the name of any
person or persons, if said bond or bonds are at the time
payable to 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
registery, name of party or parties in whose name they
are to be registered, and said endorsement shall be cer-
tified to by the Treasurer of the City. Thereafter the
principal of said bond or bonds shall not pass by deliv-
ery, but shall be payable only to the party or parties in
whose name it or they may be registered, or to be party
or parties to whom it may subequently be transferred
by assignment on the books fo the City by the registered
holder or his duly authorized attorney under seal. But
said bond or bonds may again be made payable to
bearer when so transerred on books of City by regis-
tered 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 being "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 date on which same shall be so registered, the name
of the person or person in whose name it is intended