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Board of Trustees of the Ohio University that the
Secretary of this Board be , and he hereby is authorized and
empowered and directed to advertise ten thousand
Dollars ($10.000.00) of said certificates for sale pursuant
to the Act of April 3rd 1900 (O.L-Vol-94-P-94) to wit.
[inserted] Five thousand dollars ($5.000.00) to become due Sept-1. 1912. [end inserted]
Five Thousand Dollars ($5.000.00) thereof to become
due September 1st 1913 ,and they shall be in [?denominations?]
of ($500.00) Five hundred dollars each with interest
Coupons attached ,and to bear interest at the rate
of 5 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
University is hereby authorized and directed to
receive and receipt for the money arising from
[inserted] O.U.Certificates [end inserted] 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 said
sale said Treasurer is directed to pay off the $10.000.00
of said outstanding certificates falling due on the first
day of September 1903; that the President and Secretary
of this Board be and they are hereby authorized
and directed to sign [crossed out] and [end crossed out] 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 91-to 110 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 pay to the bearer at the
Importers and Traders National Bank in New York City