Waterbury evening Democrat., 1894-01-30
BIDS FOR WATER BONDS.
The Offer of N. w. Harris & Co o
New York Accepted. OF

The Offer of N. w. Harris & Co OF
| New York Accepted. o.
The special meeting of the court" of
common council for the opening of bids
for 100000 water bonds was held last
night. After the reading of the warning it
was voted to go into joint session with the
lower board, in the mayors Office. to take
action on the bids. When the councilmen
| entered it was found that there was not
seating accommodation for all and after
calling the joint meeting to order it
| was voted to adjourn to the councilmen s
room. The following bills were then
opened and read:
E. FL. Rollings Il Sons. For the $780,
900 per cent water bonds, will give 100. SO
interest, subject to their being made pay
able in gold on condition that the principal
and interest be paid in some bank in Bos-
| ton.
| N. W. Harris Il Co of New York. For
the $1,000 bonds maturing in 1919, We
will give 1026S and interest. For the
| 500, 900 maturing in 1899 to 1918, 100. Al
and interest.
| Farson, Leach d Co of New York. For
the 500, 600 maturing 1899 to 1918, 1O1 SO
| and interest and for the $500, 900 maturing
| 1919, 101. 81 and interest.
r. L. Day & Co of Boston. For the
$500, 900 bonds, 1O0.S97 on $504. 485 for
the whole amount.
Street, Wykes & Co of New York For
the $100,00 maturing 1899 to 1918, 100.-
| 761 (S100.761) and accrued interest. For
the 500, 900 due 1919, lolita ($101.774)
with ACQUIRED interest. For the remaining
100000, 1O1.52 1904, 500 with accrued
| interest.
Blodget Merritt & Co of Boston. For
| the $500, 900 bonds, 500, 900 to be due in
annual payments of $4,000 each until 1919,
on which date the balance of $500, 900
shall become due, will give 100.55, that is
at the rate of 81 ,O05.50 for each 81 900
bond, accrued interest to date of delivery.
| H. G. Warren & Co of New Haven. For
the $500,000 per cent bonds will give
| 1O1 and accrued interest.
George A. Fernald & Co of Boston. For
500, 900 maturing IN annual lnstallments
of SIS, 900 each, beginning five years from
date of bonds, and the remaining $780,
600 maturing January 1, 1919, will give
| $101. O7 and accrued interest. Said bonds
to be delivered for payment in Boston,
5000, 900 to be paid for as soon as papers
evidencing validity are furnished to and
approved by their attorneys, and the re-
naming $500, 900 bonds to be delivered in
accordance with requirements of city's cir
| cular, 500, 900 each on March, April and
! May, 1894.
Thomas S. Krutz of New York. For the
5000, 900 maturing January l, 1919, will
| give 101 81 and accrued interest. Said
bonds to be delivered for payment in New
York or Boston as ne may elect, $780, 900
to be paid for as soon as papers evidencing
validity of the bonds are submitted and
approved by his attorney and the remain
ing 500, 900 to be paid for March 1 or April
l, 1894. 81
Councilman Fitzpatrick moved to adj
journ for week in order that the mem
bers might; compare the different bids and
decide which, if any, they would accept.
Mr. Fitzpatrick's motion was not seconded
and on motion of Alderman Cross the
| meeting went into executive session.
| After considerable discussion the Joint
meeting adjourned and the aldermen re-
turned to their chamber and passed the
| following resolutions which We're concurred
in by the lower board.
"Voted, that the proposal of N. w.
Harris Il Co of New York for water bonds
of the city of Waterbury, third series, to
wit: 101 .68 and accrued interest for $500,
600 of said bonds maturing in 1919 and
| 1904 and accrued interest for $500, 900 of
said bonds maturing 1899 to 1918, oil of
said bonds to be dated January I, 1894,
and to bear interest at the rate of 4 per
ceLtum per anum, interest payable semi
annually January 1 and July 1, be. and the
same is, hereby accepted.
"Noted, that the city attorney be and is
hereby requested to draft proper form for
water bond of the city of Waterbury,
| third series, in conformity with the pro-
visions of special act of the general as.
sembly of this state authorizing the city of
| Waterbury to issue said bonds and submit
the same to this court for its approval of
the meeting to be held February 5, 1894,
at 8 p. m.