Daily Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1876-1884, 1884-07-04
Sale of County Bonds.


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 evidenced BY bonds
thereof, to the amount Of eighty four thousand
five hundred (sS4 50O) dollars bearing interest ct
the rate OF ten per cent per annum, 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
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 /. 1858. which said bonds
were all Issued between December IS, 1868, 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 can
Act TO establish uniform system Of County and
township Governments" approved March II,
1888. on the sey, NTH day Of May, 1884. duly re-
sue for such purpose eighty four (s4 Of the bonds
OF said county OF the denomination Of one thous.
and (sl0oo) dollars each, numbered respectively
from to 81 inclusive, and one Of the bonds
said county Of the denomination Of Ave hundred
$500 dollars. numbered IS. all Of date July /,
1884, having twenty t20) 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 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, Treasurer OF said county to adyer-
tise for bids fer the purchase Of said bonds so Is
sued as aforesaid.
Therefore, In accordance with law and the
s1..st, IL ..Gl D. - IT,.
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
tho
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 yalne, nor shall any
sale thereof be final or valid until approved BY
said Board OF Supervisors.
The right y hereby expressly reserved TO re-
ject any or all aforesaid bids.
All such bids must be accompanied by q duly
certified check to the amount Of ten QO) 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 Of Los Angeles County,
Los Angeles, June Q. 1884. je6 sw