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14W <br />ARTICLE II <br />THE BONDS <br />Section 201. No bonds may be issued under the provisions <br />of this Indenture except in accordance with this Article, and the total <br />principal amount of bonds that may be issued is hereby expressly limited <br />to Five Hundred Thousand Dollars ($500,000) , except with respect to substi- <br />tuted bonds issued under Section 208. <br />Section 202. A. The initial series shall be designated <br />"City of Batesville, Arkansas, Industrial Development Revenue Bonds - West- <br />port Project, Series A" (the "Series A Bonds") and shall be in the principal <br />amount of $375,000. The Series A Bonds shall be dated December 1, 1968, <br />and interest thereon shall be payable semiannually on June 1 and December 1 <br />of each year, commencing June 1, 1969, The Series A Bonds shall be numbered <br />consecutively from one (1) to seventy-five (75) inclusive, shall be in the <br />denomination of $5,000 each and the principal thereof shall mature, unless <br />sooner redeemed in the manner in this Indenture set forth, on December 1 <br />in each of the years set forth in and in the amount set opposite each year in <br />the following schedule, which schedule also sets forth the bond numbers <br />and the interest rate of the Series A Bonds: <br />