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<br />, <br /> <br />. <br /> <br />15-c <br /> <br />I <br /> <br />The City reserves the right to redeem said Certificates at any <br /> <br />time after their date by paying principal and accrued interest <br /> <br />thereon, and in the event said Certificates, or any of them, <br /> <br />are called for redemption prior to maturity, notice thereof <br /> <br />in writing shall be mailed by the City Secretary to the regis- <br /> <br /> <br />tered owner of said Certificates at least thirty (30) days <br /> <br />prior to the date fixed for redemption and any of said Certi- <br /> <br />ficates not presented for redemption shall cease to bear in- <br /> <br />terest from and after the date so fixed for their redemption. <br /> <br />Such notification may be waived by the registered owner of <br />said Certificates, and same shall not affect the cessation of <br />interest as herein provided. <br />Section 6. The City Secretary shall be Registrar of the <br /> <br />I <br /> <br />Certificates and shall keep a record of same. The principal <br />of and interest on the Certificates shall be payable to the <br /> <br />registered owner as shown on the records of the Registrar. <br />The City Secretary shall cause a check or draft of the City <br />to be issued against the depository bank to pay the principal <br />of and interest on the Certificates as same become due. A <br /> <br />registration legend shall appear on or be attached to each <br />Certificate and shall be in SUbstantially the following form: <br /> <br />Date of <br />Registration <br /> <br />Registration Legend <br /> <br />Registrar's Authorized <br />Signature <br /> <br />Registered Owner <br /> <br />I <br /> <br />The Certificate or Certificates shall not be an obligation <br />of the City or a charge against its taxing power until initially <br />registered in the name of the owner thereof and dated by the City <br /> <br />Secretary, and said Certificates shall be initially registered <br />prior to their delivery to the person or firm entitled to receive <br />them. The Registrar shall, when requested by the registered <br />