§ 2-273. Disposition of bonds and coupons.

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Whenever the city clerk pays any bond or coupon of the city, he shall forthwith stamp, print, or write upon such bond or coupon the word "PAID" and shall notify the standing finance committee that he has in hand such canceled paper, whereupon the finance committee shall take possession of the same after giving the city clerk a receipt for the bonds and coupons. Such bonds and coupons shall thereafter be destroyed by the finance committee in the presence of the city clerk, who shall then make an entry to that effect on the receipt given him.

(Prior Code, § 14-27)

                    
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