The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1890-10-23


der of the issue at the same price bi
| for said four hundred (4OO) bonds
said remaining 1000 bonds to
delivered during the next twenty-fou
months in such amounts and on sue
dates as the purchaser and city ma
agree upon.
No bid at less than par and accrue
interest will be entertained and tn
right to reject any and all bids
hereby reserved. Each bid must b
accompanied with certified check TO
2 per cent of the amount bid, payabl
to the order of j. S. Myrick, treasure
of the city of Austin, which check
will be returned to the unsuccessful
or rejected bidders. Bonds to be de
livered and paid istrucl the city O
New York, Boston, 1.-THE adelphia, Chi
cago, st. Louis or Austin, at the op.
ton of the purchaser.
Bids should be addressed "Johl
Mcdonald, Mayor, Austin, Tex" ant
endorsed "Bids for Water Works ant
Electric Light Bonds"
Form of bond, together with full
data in the promises, will be furnished
on application.
JOHN MCDONALD, Mayor.
After reading the advertisement
Messrs. Hamilton, Hancock anc
Woodbridge retired.
Mayor Mcdonald then announced
that he had three sealed bids for the
purchase of the bonds and instructed
Secretary Oliphant to open them.
The first was Mr.. J. M. Day, of Aus
tin, who offered par and accrued in
terest for five bonds of $1,000 each.
The second was from w. ]. Hayes
& Sons, of Cleveland, O., who offered
par and accrued interest and COM
missions, for the 100000 worth of
bonds.
The third was from a syndicate
composed OF Col. Geo. w. Breckenridge
of San Antonio, Major ]. T. Brack.
enridge, Jas. H. Raymond & Co., A. P.
Woodbridge, John Hancock and Lewis
Hancock, offering to take the whole
$500 600 at par and accrued interest.
Captain Walsh moved that the bid
of the home syndicate be accepted,
and it carried.
Captain Walsh then offered the
following: Resolved that the thanks
of the board of public works and the
thanks of the people of Austin are
hereby extended to the home syndi-
cate, composed of Messrs. John Han
cock, J. H. Raymond & Co., Lewis
Hancock, ]. 7. Breckenridge, G. w.
Breckenridge and A. P. Woodbridge,
who have so nobly expressed their
in the good faith of the
citizens, and the future prosperity of
the city, by their purchase of the
S4O0, 900 worth of bonds.
The resolution was adopted by a
vote.
The city council then left for the
council room and ratified the award
made by the board, and their proceed
ngs will be found elsewhere.
BIDS FOR THE WORK.
After the council retired the bids
or the work were taken up, and Sec
'etary Oliphant read the following:
TO CONTRACTORS.
The city of Austin, Tex, will receive
bids until IL o'clock, noon, October
ID, 1890, for construction of dam
'cross the Colorado river, and excava-
ion of hydraulic canal near Austin.
Said work involves some
1900 cubic yards dimension stone
10000 cubic yards rubble masonry.
$4,000 cubic yards earth excavation.
$4,000 cubic yards rock excavation.
Full explanation with specifications
Ind forms of proposals, contract and
and bonds, may be obtained on appli-
,ation to John Mcdonald, mayor, or
Joseph P. Frizell, engineer, Austin,
Tex. JOHN MCDONALD,
Mayor.
After the reading of the ADVERTISE
nents, seven bids were opened as fol-
ows E. P. Reynolds & Co. of Mis-
souri,, Bernard Corrigan of Kansas
City, R. M. Hall, Flume, Creary
& Co. of Austin, ]. P.
Martin of Ohio, E. H. Gaynor of Bos-
ton, James Riley & Co. of Lancaster,
Pennsylvania, and Lung Smoot of
Dallas.