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All bonds are in the denomination of 500 each except Bond No <br />6 which is in the denomination of 700. <br />Section 3. Said bands shall be substantially in the <br />following fora_ <br />UNITED :STATES OF AMERICA <br />STAVE OF ARKANSAS <br />CITY OF BATESVILLE <br />1-3/4% Airport Improvement Bond <br />No. <br />KNOW ALL MEN BY THESE PRESENTS: <br />That the City of Batesville, in the County of Independence <br />and State of Arkansas, acknowledges itself to owe and, for value <br />received, promises to pay to bearer the sum of <br />DOLLARS <br />in lawful money of the united States of America, on the first <br />day of January, 19 _, with interest thereon from the first day <br />of December, 1944, at the rate of one and three-fourths per centum <br />(1-3/4%) per annum, payable semi-annually on the first day. of <br />January and July of each year, commencing July 1, 1945, on <br />presentation and surrendeVof the annexed coupons as they severally <br />mature. Both the principal and interest of this bond are hereby <br />made payable at the office of the City Ireasurer in the City of <br />Batesville, Arkansas. <br />This is one of a series of f0ty-four (44) bonds aggre- <br />gating Twenty-two Thousand Two Hundred Dollais ( 22,; 00), all of <br />like tenor and effect, except as to 400minations and maturities, <br />numbered one (1) to Forty-four (44), Lclusive, issued for the <br />purpose of purchasing, constructing ainl improving a flying field <br />or airport, located either within or N,kthout the corporate limits <br />of the City of Batesville, Arkansas, s�d the said City hereby <br />warrants and covenants that in the ijaiing of this bond it has <br />