Daily Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1876-1884, 1884-07-09
Sale of County Bonds.


Notice is hereby given. that,
MBxEAs, There Is now and was on the LIST
/ day OF January, 1880, an outstanding Indebted
ness OF Los Angeles county evidenced by bonds
| thereof, to the amount Of eighty four thousand
five hundred 1884 500) dollars, bearing interest at
l the rate at sen per cent per annum, and which
l said Indebtedness was created and which bonds
were 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
I the county Of Los Angeles TO take and subscribe
! the sum Of one hundred and fifty thousand dol
lars to the capital xock Of the Los Angeles and
| Los Angeles, and to provide for the payment Of
| the same and other matters relating thereto,
/ approved February 1. 1858. which said bonds
were all issued between December 10, 1865, and
September 0, 1885, both days inclusive, and paya-
bic fifteen years after their several dates; and
wHgREAs, The Board Of Supervisors Of said
county did In compliance with the terms Of an
Act oil the Legislature Of said State entitled "An
Act to establish uniform system OF County and
Township Governments" approved March H.,
| 1884, on the seventh day oil May, 1884. duly re-
| solve to- and did fund said indebtedness aud is
sue for such purpose eighty -four (s4)of the bonds
Of said county 81 the denomination OF one thous-
| and (2lOOO) dollars each, numbered respectively
| from 10 "a inclusive, and one OF the bonds
said county Of the denomination Of FIVE hundred
(s50O, collars, mustered So, all OF date July L..
iss4, having twenty (20) years TO run, but re.
| deemable at any time, at the pleasure OF said
county, and bearing interest at six per cent. per
anntiln, such interest pay able aemi annually at
the office OF the Treasurer OF said county on the
hrst day OF July aud January OF each year. on
4 presentation and surrender Of the interest cou-
4 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-
tise for bids fer the purchase OF said bonds Is
| sued a. 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 office Of said Treasurer In the
i city Of Los Angeles, from this date 10 and until
| the
seventh Day Of 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 valne, nor shall any
| sale thereof be final or valid until approved by
| said Board Of Supervisors.
The right Ia hereby expressly reserved TO re-
ject any or all aforesaid bids
All such bids must be accompanied by duly
certified check 10 the amount Of ten uO) per cent.
OF the bid
Mark envelope. bids for the purchase Of
bonds"
J. W. BROADED.
County Treasurer
BY JOHN MIINER. Deputy.
Office OF The Treasurer OF Lon Angeles County
Los Angeles, June Q, 1884. leo 5M