184.374. Bonds, how transferred. - Missouri Statutes

Bonds, how transferred.

184.374. Whenever the owner of any coupon bond, or any bondpayable to bearer, already issued or hereafter issued by thedistrict shall present any such bond to the treasurer or otherofficer of such corporation, who by law performs the duties oftreasurer, with a request for the conversion of such bond into aregistered bond, such treasurer, or such other officer, shall cutoff and cancel the coupons of any such coupon bond so presented,and shall stamp, print or write upon such coupon bond, or suchother bond payable to bearer, so presented, either upon the backor upon the face thereof, as may be convenient, a statement tothe effect that the said bond is registered in the name of theowner, and that thereafter the interest and principal of saidbond are payable to the registered owner. Thereafter, and fromtime to time any such bond may be transferred by such registeredowner in person, or by attorney duly authorized on presentationof such bond to such treasurer, or such other officer, and thebond be again registered as before, a similar statement beingstamped, printed or written thereon. Such statement stamped,printed or written upon any such bond may be in substantially thefollowing form:

(Date, giving month, day and year.)

This bond is registered pursuant to the statute in such casesmade and provided in the name of .... (here insert name of owner)and the interest and principal thereof are hereafter payable tosuch owner.

...., treasurer (or such other officer).After any bond shall have been registered as aforesaid, theprincipal and interest of such bond shall be payable to theregistered owner. Such treasurer, or such other officer, shallkeep in his office a book or books which shall at all times showwhat bonds are registered and in whose names.

(L. 1969 3d Ex. Sess. H.B. 23 § 13)