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,° <br /> this Ordinance to be kept at the office of the City Treasurer, as <br /> Bond Registrar, in the City of Decatur, Illinois, which is hereby <br /> constituted and appointed the registrar of the City for the <br /> Bonds. The City is authorized to prepare, and the Bond Registrar <br /> or such other agent as the City may designate shall keep custody <br /> of, multiple Bond blanks executed by the City for use in the <br /> transfer and exchange of Bonds. <br /> Any Bond may be transferred or exchanged, but only in <br /> the manner, subject to the limitations, and upon payment of the <br /> charges as set forth in this Ordinance. Upon surrender for <br /> transfer or exchange of any Bond at the office of the Bond Regis- <br /> trar, duly endorsed by or accompanied by a written instrument or <br /> instruments of transfer or exchange in form satisfactory to the <br /> Bond Registrar and duly executed by the registered owner or an <br /> attorney for such owner duly authorized in writing, the City <br /> shall execute and the Bond Registrar shall authenticate, date and <br /> deliver in the name of the transferee or transferees or, in the <br /> case of an exchange, the registered owner, a new fully registered <br /> Bond or Bonds of like tenor, of the same maturity, bearing the <br /> same interest rate, of authorized denominations, for a like <br /> aggregate principal amount. <br /> The Bond Registrar shall not be required to transfer or <br /> exchange any Bond during the period from the close of business on <br /> the 15th day of the calendar month preceding an interest payment <br /> date on the Bonds to the opening of business on such interest <br /> payment date. <br /> -8- <br />