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Said refunding bonds shall bear interest at the rate $% per
annum, payable semi-annually on February 1st and August 1st of
each year after their date.
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Both principal and interest on said bonds shall be payable in
lawful money of the United States of America, upon presentation
and surrender of the bond or proper coupons at the office of the
State Treasurer at Austin, Texas.
5.
Said bonds shall, besigned by the president of the Board of
Trustees, countersigned and registered by the respective Secretary
and Treasurer of said Board of Trustees of said Listrict, and the
corporate seal of the district shall be impressed on each bond.
6.
The fac-simile signatures of the president and secretary
of the board of trsutees of the independent school district may
be lithographed upon the coupons attached to said refunding
bonds, and shall have the same effect as if they had been signed
by each of them.
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