The daily gazette., 1881-04-15
DEz.AwARE STATE Ia
oTF1oE OF STATE TO-.

OEEloE OF STATE Tpr
Ya DtvER, Del, AppiHiEi
~ Pursuance of tbe a., p'h 1901
ASs .s 70 Provide for the NY ~ entitled
ffresent bonded a ab,s w 70 IeiundInv !,
g,9wef raie ofinterestUui " THIS stais
ncn msIcn IL, A. D., 1881, 7 ppsssedat IN
Hmo,as. state Treasurer ~ onvo6ert ]. N
DeiaWare, do hereby We =, noe the Stat
OF proposals will be recs, S ua.lce nu.tlce thais
aInount OF the loan anthn.iof athou iof the Nj
ac' ssid loan TO be renrrired renresa.ired By
~ ne stale OF Delaware byb
nhtlon OF one thousand dl Vi lhe depol
Vldea into three Glasses tW.ars III each
as; s.ries A, censistinc " n, oe desm,H
anu nity thousard doliars,, ewo hnni
slAting OF three huhdred III. sefles
series y consisting of ona 1hhand dal
slxtt-nve thousand dollar. nundted
interest at the rate OF fnn, and 70
per annum, payable semi, per eeat
nrAl days OF July and .Isnnuall on
aua every year, while thsn Id e
paid, AT the Philadelph,a remain
~ the city OF Philadelphiaa aasn.lonal nI b.
tionoi me coupon Representa- WI On presel
annual interest. The boz AZ sucn
u series a shall be payah,a embaS
Gay oI July, A. d., lss8. but nl on lhs
useIneu .a ~ the option of the Stay s,y b
,lme AFTER the first day of hI%sle
ieoz; Ihe bonds embraced ''py, 'ny, 4.
shali be pay BILE on the first dan a nseiis
n. ", lssl but may be redesroy.q! q
option OF the state at any tIma y
nrst day Of July, A. o., lSsS Hy Tbs bslta
shnpaacsa sha IN series Q shall be nss.t. ue
sne nrst Day OF July, A. d. is{I {RISyGseA GasA
oe aeusemeu ~ lhe option or III. s wv
my ,dn1 Llane alter The first day Of of iN,a ~
"a ~ iosi provided, however, ths, Nv \,
@Iate eIects 10 redeem any N
ponds, according TO their tenor ,as
an, Ps,on PP sna,l be made either Ivy ~
n,ss uay OF July or January In na,ss. W
"a y, uue nosice 70 be given BY thss M \.
the e'ssu,e,: me bends shall ali bs "
sne nr. tday OF July, A. d., lSSi ssa r "
~ tsAeipt from taxation by the M.
Each bid or proposal must he NnalNJ
and must state the bidder ~ Az whu3
aud place of resid. nee, ana roun. ,ull ~
the whole an cunt on said aeN saN
be accompanied by a certisaa NV
the order OF the State Tfessnrea, iva w
per centum OF the bid which sh.nW M y
tatned a. security for the pavmsn, an y /
residue OF the amount ia uI.o VI
bonds are ready for delivery IN sa a
successful bidder should fail N .ss
with his bid by paying the bal.,oo0v ~ ovap
OF when demanded, The said ns,e..,a .us v
shall be absolutely forfei,sd \.
state. No bid less than ~.
value OF the bonds will he ~.
All bids must be addressed tn ~ IN!
Treasurer OF the State of nsl.saa ~
at Dover. and must be indorsaa assa] = ~
envelope, proposals for neisw.sIa ~ aoas
Loan.n The bids or proposal il spthO,;.s M ~
by said act, viii be opened. acled IN -
disposed of on the first TnstSs, \
May, A. D., 1881. at the hour AZ /.
O'Clock Il NJ, the Office of the Ssc,.,s,
II state, in the town of Dover bv ~
mission appointed for that nn,no.
After the said bids shall have bseh ons., ~
and recorded the said comm aim n,
award The SAID loan TO the highest Il,
der. In case there shall be TWO or ma
bids at the same price, the said comm
sion shall apportion the said loan
nearly equally az may be amoIg
persons so bidding the same prIsa
may, at their discretion, having
regard tor the best interest of the sts
award the whole TO any one OF such n
dera. After the commission shall ba
awarded the loan, II will be the duty
the State Treasurer TO return TO
unsuccessful bi ders the certified chec
received from them respectively aHd /
faith OF the state Is expressly pledged
the 9 Id act for The return OF the "a
che cks. The suceessfu. bidder who shi
comply win his bid shall be allow
iLterebt at the rate OF four per ceptum
ann III ON the amount OF hlsdeposit frt
the date of The said award until the q
day of July, A. D., lSSl, the time at Will
interest shall begin TO accrue on the q
bonds-which said said allowance ah
he made by way OF abatement on
unpaid balance OF his bid, When
award shall have been made 70 thsRl
cessfui bidder or bidders OF III al
authorized by said act ana the saiassa
shall be ready for delivery, the "
Treasurer will cause notice In .WrlLlns
be served upon ch bidder or hidden
least len days before the time Of delivl
of the bonds indicated In such not
which said notice shall state the
when the bonds will be ready for dellv'
and the amount OF money which d
bidder or bidders win be required to
on the day therein Bamed or within
days thereafter.
Such sum being the balance OF
amount oil the bid less the amount OF
bidders cash deposit with interest, II
the date Of the award, on such cash
pos /; and upon the receipt of, the 8
contained In such notice the bends
be de ivered TO the successful biddel
bidders In the office of the Slate Treaiu
In the town OF Doyer.
ROBERT J. REYNOLDS
State Treasure
api- -2tawlmo.