Vermont Statutes Title 24. Municipal and County Government, § 1768. Form of bond and coupon

The form of bond issued under this subchapter shall be substantially as follows:

The (insert name of municipal corporation) in the county of __________ and of Vermont promises to pay to the bearer hereof on the __________ day of __________ the sum of __________ dollars, with interest thereon at the rate of __________ percent per annum, payable semi-annually on the presentation and surrender of the interest coupons hereto attached. Both principal and interest of this bond are payable at the __________ bank in the (city, town, or village) of __________ State of __________. This bond is issued by the (insert name of municipal corporation) under and by virtue of chapter 53 of Title 24 of Vermont Statutes Annotated, and acts in amendment of and in addition thereto and the ordinance (or resolution) of (insert name of municipal corporation) duly passed on the __________ day of __________ 20 ___. This bond is one of the series of bonds of like tenor, except as to __________ numbered from __________ to __________ and issued for the purpose of defraying the cost of __________ as described in the ordinance or resolution in (insert name of municipal corporation).

It is hereby certified and recited that all acts, conditions, and things required to be done precedent to and in the issuing of these bonds have been done, have happened, and have been performed in regular and due form, as required by such law and ordinance (or resolution), and for the assessment, collection, and payment hereon of a tax to pay the same, when due, the full faith and credit of (insert name of municipal corporation) are hereby irrevocably pledged.

In testimony whereof the (name of municipal corporation) has caused this bond to be signed by its __________ and __________ and the seal of (insert name of municipal corporation) affixed hereto this __________ day of __________.

No.__________

On the __________ day of __________ the (insert name of municipal corporation) in the State of Vermont promises to pay to bearer as provided in such bond, the sum of __________ dollars at the __________ (bank) __________, being __________ months' interest due that day on bond No.__________ dated __________