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2.1.4.
<br />It is hereby certified, rocited,and declared that all acts, conditions and things required
<br />b- law to exist, happen and to be performed precedent to and in the issuance of this bond
<br />have existed, happened and been performed in due time, form and manner as required by
<br />law, and that the amount of this bond, together with all other indebtedness of said Town,
<br />does not exceed any limit prescribed by the Constitution or statutes of said State, and
<br />that the provisions have been made as required by the Constitution and statutes of said
<br />State for the collection of an annual tax sufficient to pay the principal of, and interest
<br />on this bond as the same becomes due. The full faith and credit of said Town are hereby
<br />pledged for the punctual payment of the principal of and interest on this bond.
<br />This bond may be registered in the mariner provided by law and thereafter the principal
<br />hereof and interest hereon shall be payable only to such registered owner.
<br />IN WITNESS WHEREOF, The Town of Pleasanton has caused this bond to be executed under its
<br />official seal, signed by its Mayor and its Treasurer, and countersigned by its Clerk,
<br />and has caused the interest coupons attached hereto to be signed by its Treasurer, and
<br />this bond to be dated the 15th day of July 1953.
<br />Countersigned:
<br />City Clerk the Town of Pleasanton
<br />(Form of Coupon
<br />f the Town of PlarSanton
<br />Treasurer of the Town of Pleasanton
<br />Coupon No,
<br />On this day of 19, the Town of Pleasanton will (unless the
<br />within mentioned bond be registered) pay to the bearer at the office of the Treasurer of
<br />the Town of Pleasanton, in the Town of Pleasanton, Californa,
<br />Dollars, (3 being six months! interest then due on its 1953 improvement
<br />Bond No. dated 1953.
<br />Treasurer of the Town of Pleasanton
<br />Section 5. The Mayor of the Town of Pleasanton and the Treasurer of said `loin are hereby
<br />authorized and directed, respectively, as such officers, to execute each of said bonds on
<br />behalf of said Town of Pleasanton, and the City Clerk,,or one or more of her deputies, is
<br />hereby authorized and directed to countersign each of said bonds and to affix the corpor-
<br />ate seal of the Town of Pleasanton thereto. Said Mayor and Treasurer are hereby each,
<br />respectively, authorized to cause said bonds to be signed by their printed, lithographed
<br />or engraved facsimile signatures. Said Treasurer is hereby authorized and directed to
<br />sign each of the interest coupons by printed, lithographed or engraved facsimile signature.
<br />Such signing, countersigning and sealing as herein provided hhall be a sufficient and
<br />binding execution of said bonds and coupons by said Town of Pleasanton, and all such
<br />signatures and countersignatures, excepting that of the City Clerk of her deputies,
<br />may be printed, lithographed or engraved. In case any of such officers whose signatures
<br />or countersignatures appear on the bonds or coupons shall cease to be such officer before
<br />the delivery of such bonds to the purchaser, such signature or countersignatures shall
<br />nevertheless be valid and sufficient for all purposes the same as though they had re-
<br />mained in office until the delivery of the bonds.
<br />Section 6. For the purpose of paying the principal of and interest on said bonds, the
<br />City Council of the Town of Pleasanton shall, at the time of fixing the general tax levy
<br />and in the manner for such general tax levy provided, levy and collect annually each year
<br />until said bonds are paid, or until there shall be a sum in the treasury of said 'sown
<br />of Pleasanton set apatt for that purpose to meet all sums coming due for principal and
<br />interest on such bonds, a tax sufficient to pay the annual.interest on such bonds as
<br />the same becomes due, and also such part of the principal thereof as shall become due
<br />before the proceeds of a tax levied at the time for making the next general tax levy can
<br />be made available for the payment of such principal. Said tax shall be in addition to
<br />all other taxes levied for munidipal purposes, and shall be collected at the same time
<br />and in the same manner as other municipal taxes are collected, and be used for no Other
<br />purpose than the payment of said bonds and accruing interest. Said taxes as collected
<br />shall be forthwith paid into the fund for which the same were levied and collected and
<br />which shall be designated "Town of Pleasanton 1953 Improvement Bond Fund," and all sums
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