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Twenty -Nine Thousand Dollars ($929,000), known as "City of batesville, Arkansas Industrial Development Revenue Bonds", dated March 1, 1960, numbered consecutively from one (1) to nine hundred twenty-nine (929), inclusive, all of like tenor and effect except as to number, rate of interest, maturity and right of prior redemption, issued for the purpose of acquiring lands and constructing on said lands factory buildings and manufacturing facilities and purchasing and installing necessary machinery and equipment (hereinafter called the "project"), paying necessary expenses incidental thereto, paying the cost of the issuance of bonds, and paying debt service during construction. Said bonds are all issued under and are all equally and ratably secured and entitled to the protection given by a Trust Indenture (herein called the "Indenture"), dated as of , duly executed and delivered by the City to The First National Lank in Little Rock, Little Rock, Arkansas, Trustee (herein called the 1°Trustee"), which Indenture is recorded in the office of the Circuit Clerk and Ex Officio Recorder of Independence County, Arkansas, and reference is hereby made to the Indenture and to all indentures supplemental thereto for the provisions, among others, with respect to the nature and extent of the security, the rights, duties and ob- ligations of the City, the Trustee and the holders of the bonds and the terms upon which the bonds are issued and secured. This bond and the series of which it forms a part are issued pursuant to and in full compliance with the Constitution and laws of the State of Arkansas, particularly Act No. 9 of the First Extra- ordinary Session of the Sixty -Second General Assembly of the State of Arkansas, approved January 21, 1960 (herein called "Act No. 9P1) and pursuant to Ordinance No. e'4 duly adopted by the City Council of the City and approved on the day of September, 1960, which ordinance authorizes the execution and delivery of the Indenture. This bond and the series of which it forms a part are not general