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" They shall bear interest at a rate not exceeding five per centum per annum, and shall be negotiated for not less than their par value. "
Laws of the State of New York - Page 1351
by New York (State) - 1907
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Burns' Annotated Indiana Statutes: Showing the General Statutes in ..., Volume 4

Indiana - Law - 1905 - 1192 pages
...borrow money and to issue the bonds or notes of such school city or school town, such bonds or notes to bear interest at a rate not exceeding five per centum per annum, and payable at such times within ten years from date as such school board may determine. The money obtained...
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Acts of the General Assembly of the State of New Jersey

New Jersey - Law - 1907 - 856 pages
...make proper provisions for the payment of the same as herein provided. Said bonds shall Rate; time, bear interest at a rate not exceeding five per centum per annum, and shall be payable at the expiration of not more than five years from the date of issue; provided, Proviso, that not more...
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Laws of the Colony of Southern Nigeria, Volume 2

Nigeria. Compilations - 1908 - 942 pages
...provisions of this Ordinance shall be for the sum of not less than one hundred pounds sterling, and shall bear interest at a rate not exceeding five per centum per annum. 6. Every debenture shall, before being issued, be registered in a register book to be kept for that...
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The Revised Statutes of the Province of Quebec, 1909: Promulgated and ...

Québec (Province) - Law - 1909 - 726 pages
...bearer, shall be of Form of deany denomination not less than one hundred dollars each, bentures, &c. and bear interest at a rate not exceeding five per centum per annum, payable semi-annually. The debentures may be made payable at any term not exceeding thirty years, and...
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Laws Relating to the Incorporation of Cities

Michigan - 1919 - 294 pages
...order of their issue, shall be for sums of not less than one hundred dollars each, shall bear interest not exceeding five per centum per annum and shall be payable within such time from the date of issue, as the local legislative body of such city, village or school district...
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Private Laws of the State of North-Carolina Passed by the General Assembly

North Carolina - Session laws - 1911 - 1156 pages
...bonds shall be not less than thirty and not more than fifty years from their date. SEC. 2. That the said bonds shall bear interest at a rate not exceeding five per centum per annum, and the interest shall be made payable annually or semi-aniiually, as the board of town commissioners may...
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New Jersey School Laws and Rules and Regulations Prescribed by the State ...

New Jersey - Educational law and legislation - 1911 - 324 pages
...county to an amount not exceeding one-half of one per centum of Amount. the ratables of said county; said bonds shall bear interest at a rate not exceeding five per centum per annum, Rate. and the principal thereof shall be payable at a time not Timeexceeding twenty years from their...
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Session Laws

New Mexico - Session laws - 1912 - 388 pages
...commissioners, and in denominations of one hundred dollars each or some multiple thereof, and shall bear interest at a rate not exceeding five per centum per annum, payable semi-annually, and shall become due within a period of not exceeding thirty years, but same...
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Special Acts & Resolves

Connecticut - Session laws - 1913 - 630 pages
...shall not exceed five per centum of the grand list of sai<? city at the time of such issue. SEC. 2. Said bonds shall bear interest at a rate, not exceeding five per centum per annum, fixed by the board of finance and approved by the board of aldermen, and shall mature not more than...
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Annual Report, Volume 2

Arizona Corporation Commission - Corporations - 1913 - 400 pages
...issued under said mortgage amounting in the aggregate to the sum of forty million dollars, said bonds to bear interest at a rate not exceeding five per centum per annum, the principal amount of said bonds to mature and become due the first day of May in the year 1950....
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