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his election, prepare such number of blank Bonds of any series executed and sealed as aforesaid <br /> <br /> as he shall determine and deliver such executed blank Bonds to the registrar for such series for <br /> safekeeping prior to the time such Bonds are actually issued, exchanged or transferred. The <br /> Director of Finance shall direct the registrar for the bonds of a particular series to register and <br /> <br /> authenticate such Bonds and no such Bond shall be valid or obligatory for any purpose unless <br /> <br /> and until the certificate of authentication endorsed on such Bond shall have been manually <br /> <br /> executed by such registrar. <br /> The Bond shall be designated and the form of the Bonds, the registrar's certificate of <br /> authentication and the assignment shall be substantially as follows, with such appropriate <br /> insertions, variations and omissions as are required with respect to a particular series of the <br /> Bonds, book-entry provisions, variable rate provisions or other provisions. <br /> 4 <br /> <br />