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NOW DOLLARS in lawful money of the United States of America, on the first day of January, 19 , with interest thereon from date hereof at the rate of one and three-fourths per centum (1 3/4%) per annum until paid, interest payable semi-annually on the first day of January and July of each year, commencing July 1, 1952, on presentation and surrender of the annexed coupons as they severally mature. Both the principal and interest of this bond are hereby made payable at the office of the First National Bank of Batesville, Arkansas. This is one of a series of bonds aggregating Sixty-eight Thousand Five Hundred Dollars ($68,500 all of like tenor and effect except as to number, denomination and maturity, numbered from One (1) to Seventy-two (72), inclusive, issued for the purpose of acquiring and constructing a municipal park and swimming pool, and the City hereby warrants and covenants that in the issuing of this bond it has proceeded in accordance with the provisions of Amendment No. 13 to the Constitution of the State of Arkansas, and in accordance with the laws of said State, under ordinances of the City Council of said City and in pursuance of an election duly held at which the majority of the legal voters of said City voting on the question voted in favor of the issue of said bonds and a special tax for the payment of principal and interest of said issue; that all conditions, acts and things required to exist, to be performed, and to happen precedent to and in the issuance of this bond have existed, have been performed and have happened in due time, form and manner as required by law and particu- larly by said Amendment No. 13; and that a tax sufficient to pay the bonds aforesaid has been duly levied in accordance with said consti- tutional amendment and made payable annually until all of said bonds and interest thereon have been fully paid and discharged; and that the indebtedness represented by this bond and the issue of which it forms a part does not exceed any constitutional or statutory limitation. For the prompt payment of this bond and the interest thereon, the said City of Batesville hereby pledges its full faith, credit and taxing power, including the two and one-half mill special tax authorized to be levied by said Amendment to the Constitution for the payment of this bond and other bonds of this series.