CO129-539-12 Loans for public works- military finances 26-2-1932 - 7-3-1933 — Page 91

Redeemed debentures to be cancelled

Expenses of redemption to be borne by sinking fund

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(17) Upon the repayment of the principal monies represented

by any debenture such debenture with all the coupons

thereunto belonging shall be delivered up to the Treasurer

to be by him cancelled and retained.

Any drawing debenture redeemed by purchase shall

likewise be so cancelled and retained.

(18) All expenses of or incidental to the redemption of

the debentures and the costs and expenses of all notices

required by this Ordinance to be given may be paid out of

the sinking fund.