Daily Los Angeles herald., 1884-06-07
Sale Of County Bonds.
Notice is hereby given, that.

Notice is hereby given, that.
WHEREAS, There is now and was on the 1st
day Of January, 1880, an outstanding indebted
ness Of Los Angeles county evidencec by bonds
thereof. to the amount OF eighty -four thousand
five hundred (Ss4 500) dollars, bearing interest at
the rate OF ten per cent. per annum, 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
"An 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 l. 1858, which said bonds
were all issued between December 10, 1858, and
September 8, 1869 both days inclusive, and paya-
Bile fifteen years after their several dates; and.
WHEREAS, The Board Of Supervisors Of said
county did. in compliance with the terms OF an
Act Of the Legislature Of said State, entitled "An
Act 10 establish . uniform system OF County and
Township Governments" approved March IA,
1854, on the sew nth day Of MAY, 1854, duly re-
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 (s1000) dollars each, Rumbered respectively
from to 81 inclusive, and one Of the bonds
sald county Of the denomination OF five hundred
(s50o) dollars, numbered S., all of date July l.
1854, having twenty COY years 70 run, but re-
deemable at any time, at the pleasure Of said
county. and bearing interest at six per cent per
aDnum, 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.
WnsEAs Said Board has rejected all bids for
said bonds heretofore made and duly directed the
undersigned, Treasurer OF said county, to adyer-
tise for bids fer the purchase OF said bonds is
sued 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 for
sale, and bids for the purchase Of the same will
be received at the ONCE OF said Treasurer, in the
city Of Los Angeles. from this date to 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 for less than the face yalne, nor shall any
sale thereof be final or valid until approved by
said Board OF Supervisors.
The right is hereby expressly reserved to re-
ject any or all aforesaid bids.
All such bids must be accompanied BY duly
certified check to the amount Of ten (io) per cent.
Of the bid.
Marx envelope. "Bids for the purchase of
honda"
J.sw. BRoADED,
County Treasurer.
By JOHN MILNER, Deputy.
Once Of ihe Treasurer OF Los Angeles County,
Los Angeles, June Q. 1884. ie6 sw