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Board be and he is hereby authorized [inserted] empowered [end inserted] and directed
to advertise $10.000.00 of said Certificates for sale pursuant
to the Act of April 3. 1900, (O.L. vol-94-p-94) , to wit:
$5.000.00 thereof to become due on September 1st 1910, and
$5.000.00 thereof to become due September 1st 1911-, and
they shall be in denominations of $500. each, with interest
Coupons [inserted] attached [end inserted] , and to bear interest at the rate of five
per cent per annum payable semi-annually , from
then date, on the first days of March and September of
each year, until paid , both interest and principal payable
at the Importers and Traders National Bank in the city
and state of New York; that the Treasurer of the Ohio
[inserted] O.U
Certificates [end inserted] University is hereby authorized and directed to
receive and receipt for the money arising from the
sale of said certificates of indebtedness issued pursuant
to said Act of the General Assembly of the State of Ohio,
passed April 3rd 1900 , and out of the proceeds of such sale,
said Treasurer is directed to pay off the $10.000.00 of said
outstanding certificates falling due on the 1st day of
September 1902; that the President and Secretary of
this Board be and they are hereby authorized and
directed to sign and seal and deliver to the purchaser or
purchasers thereof the certificates of indebtedness hereby
authorized to be sold, and the certificates to be sold shall
be numbered from 71 to 90- inclusive.
Resolved: That the form of said certificates of indebtedness
and the interest coupons to be attached shall be substantially
in the words and figures following to wit:
"United States of America."
No_________ $500.00.
The Board of Trustees of the Ohio University
at Athens Ohio, promises to [inserted] pay to [end inserted] the bearer at the Importers
and Traders National Bank in New York City and
State of New York, Five hundred dollars on the 1st day of
September A.D __________ with interest thereon at the rate
of five per cent per annum payable semi-annually, on
the first day of March and September of each year until
said principal sum shall have been paid. Coupons to