Daily Los Angeles herald., 1884-06-28
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 bc0) DOLLARS bearing interest at
the rate OF ten per cent. per anntim, and which
said Indebtedness created and which bonds
were issued under the provisions of an Act OF the
Legislature of the State OF ifornia, 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 Tor the payment Of
the same and other mattera relating thereto,
approved February !. 1858, which said bonds
were all issued between Decef nber 10, 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 Sh ,te, entitled "An
Act to establish uniform syste, of County and
Township Governments" app toved March Il,
1884. on the sew nth day Of Ma ', 1884. duly re-
solve to, and did fund said indel ,tedness and is
sue for such purpose eighty-fout (s4)of the bonds
OF said county OF the denominai on Of one thous.
and (s1000) dollars each, numbe red respectively
from TO "a inclusive, and one Of the bonds
said county Of the denomination OF five hundred
{s5oO) dollars, numbered So. all Of date July l,
1884, having twenty (20) years to run, but re-
deemable at any time, at the. pleasure Of said
county, and bearing interest Ut vt per cent. per
annum, such interest payable = miannuallv at
the office Of the Treasurer Of said county on the
first day Of July aud January u each year, on
presentation and surrender Of u e interest cou.
pons attached to such bopels; and,
WHEREAS, Said Board has rejee ted all bids for
said bonds heretofore made and d, y directed the
undersigned, Treasurer Of said q nnty, to adver
tise for bids for the purchase Of sxa bonds is
sued as aforesaid.
Therefore, In accordance widi law and the
resolutions Of said Board Of Supery sors notice Is
further given that the un1ersiqned, AZ Treasurer
OF said county, does hereby offer "a id bonds for
sale, and bids for the purchase Os h same will
be received at the office Of said Tresa urer In the
city of Los Angeles, from this date NJ and until
the
seventh Day OF JMly. 1854.
At 10 O'Clock A. NJ, when such bi Is will he
opened aIsi such bonds sold to the hig hest bid
der;
Provided, That none of said son4ls will be
sold ior less than the face yalne- nor shall any
sale therof be fnsA valid unaa approved by
said Board OF Supe rvisors
The right is her eby expressly reserved to re-
1ect any or all afc resad bids.
All such bids lust be accompanied by duly
certified check I the amount Of ten Q0) per cent
of the bid.
bonds.'
J. W. BRoApED,
County Treasurer.
BY JOHN .MILNER, Deputy.
Office OF ih Treasurer OF Los Angeles County,
Los Angeles, June 9. 1884. Ie6 3w