Daily Los Angeles herald., 1884-06-27
Sale of County Bonds.
Notice Is hereby given. TINT.

Notice Is hereby given, that
WHEREAS, There is now and was on the 1st
slay OF January, 1880, an outstanding indebted
ness Of Los Angeles county evidoncec by bonds
thereof, to the amount OF eighty Tour Thousand
ve hundred (ssi 500 dollars. bearing interest at
the rate Of ten per cent. per anDuni, and which
said Indebtedness was created and which bonds
were 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 ca ptal stock OF the Los Angeles and
;san Pedro Railroad Company, in the county Of
Los Angeles, and to provide Tor the payment OF
the same and other matters relating thereto,
approved February /. 1868, which said bond,
were all issued between December 16. 1853 and
september d. 1869, both says inclusive, and paya-
WHEREAS, The Board Of Supervisors OF said
county did. in compliance with the terms OF an
Act OF this Legislature Of said State, entitled IAN
Act to establish uniform system OF County anu
Township Governments" approved March IL,
1884, on the seventh day Of May, 1881, duly re-
solve to. and did fund said indebtedness and is
sue for sIch purpose eighty four (s4 OF the bonds
OF said ,,o,lnty OF the denomination OF one thous
and $1,000 dollars each, numbered respectively
from to ~ inclusive, and one OF the bonds o
sad cou hty Of the denomination oil five hundred
(s500) ollars, numbered So. all OF date July J.
lsA, having twenty (2o) years to run, but re,
deemable at any time, at the pleasure OF said
county. and bearing interest at six per cent per
annum, such interest payable semi annually at
the office OF the Treasurer OF said county on the
first day Of July aud January OF ea.ih year, on
presentation and surrender OF the interest cou'
pons attached to such bonds and.
WHEREAS, Said Board has rejected all bids Tor
said bonds heretofore made and duly directed the
undersigned, Treasurer Of said county to adver-
tise for bids for the purchase OF said bonds so is
sued as aforesaid.
Therefore, In accordance. with law and the
resolutions OF said Board OF ,uperysors, notice Is
further given that the under dRned, as Treasurer
OF said county, does hereby der said bouds for
sale, and bids for the purchase o. the same will
be received at the Office OF said Treasurer la the
city OF Los Angeles from this slate to and until
the
seventh Day of Jfaly. 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 s nd bonds will be
sold for less than the face val le, nor shall any
sale thereof be final or valid u 1til 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 aceomp 1nied by duly
certified check to the amount Of Ten 0) per cent.
OF the bid.
Mark envelope. "Bids for tn e purchase Of
bonds"
J. W. BR0ADED,
Cou nty Treasurer.
BY JOHN MILNER, Deputy.
Oiice OF The Treasurer OF Los ngeics County,
Los Angeles, june @, 1884. jeb 3w