The bonds shall bear not more than six per centum interest per annum payable semiannually, and shall be paid within thirty years, the first installment of principal shall mature at the expiration of three years from the date of issue.

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Code 1919, § 1774; 1920, p. 612; 1926, p. 623.