Daily Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1876-1884, 1884-07-20
Sale Of County Bonds.
Notice is hereby given, that,

Notice is hereby given, that,
WHEREAS, There is now and was on the LIST
day Of January, 1880, an outstanding indebted
ness OF Los Angeles county evidence by bonds
thereof, to the amount Of eighty four thousand
five hundred 1884 5t0) dollars. bearing interest at
the rate OF ten per cent. per annun and which
said indebtedness was created and which bonds
we're issued under the provisions Of an Act OF the
Legislature Of the State Of California, entitled
IAN Act to authorize the Board Of Supervisors OF
the county Of Los Angeles to take and subscribe
the sum Of one hundred and fifty thousand dol
lars to the capital stock Of the Los Angeles and
San Pedro Railroad Company In the county OF
Los Angeles, and TO provide for the payment OF
the same and other matters relating thereto"
approved February |, 1858, which said bond.
were all issued between December 49, 1868, and
September 8. 1865, both days inclusive, and psya-
Bile fifteen years after their several dates; and
WHEREAS, Tho Board Of Supervisors Of said
county did. in compliance with the terms Of an
Act OF the Legislature Of said State, entitled IAN
Act 70 establish a uniform system Of County and
T ,sss aOyern%ents" approved March u.
solve to- and did fund said indebtedness and is
sue for such purpose eighty -four s4) OF the bonds
OF said county Of the denomination of one thous-
and (sl000) dollars each, numbered respectively
from 10 81 inclusive, and one Of the bonds o
said county Of the denomination OF five hundred
$500 dollars, numbered IS, all Of date July I,
1884, having twenty (20) ycars 10 run, but re-
deemabie at any time, NJ the pleasure OF said
county, and bearing interest at six per cent per
annum, such interest pay able semi annually at
the office Of the Treasurer Of said county on the
first day Of July aud january Of each year, on
presentation and surrender OF the interest cou.
pons attached to such bonds; and.
WHEREAS, Said Board has rejected all bids for
said bonds heretofore made and duly directed the
undersigned as Treasurer Of said county to adver.
tse fof bids for the purchase Of said bonds 90 is
sued rs aforesaid.
Therefore, In accordance with law and the
resolutions Of said Board Of Supervisors notice is
further given that the undersigned, as treasurer
OF said county, does hereby offer said bonds Tor
sale, and bids for tho purchase Of the same will
be received at the office Of said Treasurer In the
city Of Los Angeles, from this date 10 and until
the
seventh Day or July. 1854,
At 10 o'clock A. NJ, when such bids will be
opened and such bonds sold to the highest bid
der;
Provided, That none Of said bonds will be
sold Tor less than the face vane, nor shall any
sale thereof be final or valid until approved bv
said Board Of Supervisors
The right Is hereby expressly reserved TO re-
Iect any or all aforesaid bids
All such bids must be accompanied by duly
certified check to the amount Of ten Q0) per cent.
Of the bid
Mark envelope. Bids for the purchase Of
bonds"
J.. W. BRoADED,
County Treasurer.
By JOHN MILNER, Deputy.
Office Of The Treasurer Oh Los Angeles County,
Los Angeles, June 0. 1884. ie6 3w