The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-08-05
$500 SCHOOL BONDS FOR SALE.
To the treasurer Of King county. Wash

TO the treasurer or King county, w ash-
Whereas at an election held in School
District No. 30, King county, WashlnS-
ton, on the 10th day of June. 1879 more
said election, voted In favor OF valdat-
ing and ratifying the indebtedness OF
said district. SO far as>.he indebtednesss
do not exceed 3 per cent. of the taxable
property of said district.
school District No. 80 King county.
county treasurer of King county. to ad-
vertise for sale, bonds to the amount OF
$4,000, eighteen thousand douarsl: said
bonds TO be issued under act OF 1898, re-
lating 10 Indebtedness of school districts.
(Signed)
GEO. P. HOLDEN, Chairman.
JOS. II. BLAKE,
W. w. DE LONG,
Directors of School District No. 30.
JOHN A. MCRoRY. Clerk of District
Acting on the above, notice is hereby
given that the town Of Ballard, School
District No 50. In King county, state OF
Washington. offers for sale coupon bonds
of said district TO the amount of eighteen
thousand dollars, said bonds to be of the
denomination of one thousand dollars
each to bear the date of October ], 1895.
To be payable on the Both day of Sep
TENDER. 1916 at the county treasurer's Of
flee of King county, state of Washing
ton. or at the office of the fiscal agency
of the state. of Washington. in the city
at the option OF the holder. The inter
est to be paid semi-annually and EVIL,
agency sSs a at the option Of the holder.
Sealed bids for the purchase ,S Of said ai d
bends will hs ns BY ea the Of e %asS
ington. up to o'clock o m. on Monday:
September 2. 1895, at the Office of said
county treasurer. in the city Of sea tt e
bids will be considered as required by
law.
Bidders for said bonds are asked to
name price and rate of interest at which
they will purchase said bonds-said bonds
vii: be ready for delivery on October l..
Said bonds will not be sold below par
Under the law bids for bonds bearing a
greater rate of interest than per cent.
per annum will not be considered. All
persons bidding for said bonds. except
the state of Washington, are requested to
deposit with the said county treasurer l
per cent. of the par value of the bonds
when depositing with said treasurer
No commissions will be allowed on the
sale OF said bonds.
The directors Of said school district re-
quest persons bidding for said bonds, to
bid for bonds bearing four, four and one
half. five end six per cent. interest per
annum,. interest payable semi-annuallv
est not exceeding six per cent. per an
num- interest payable semi-annualy.
School District No. 50 includes in it's
limits the Town of Ballard. The popula-
ton of the district is 5000. The valua-
ton of the improved real estate belong
ing to the district. including school build
ings, is 800. 625. The valuation of furni-
ture OF school buildings is $500 The in
dehtedness Of the district at this date, i'm
Guiding $4,000 coupon bonds, Is ssS coo, and
the proceeds of the proposed $4,000 is TO
pay this last indebtedness and can be
used for no other purpose. The district
has contracted no debts since MAY 22d,
1895, and under the law authorizing the
issue OF the $4,000 worth OF bonds. can
not hereafter incur debts above its in
Gene.
The assessed valuation of the property
in the district is s9SS.550
J. W. MAPLE
Treasurer of King County. Wash.
Seattle. Wash. August 1st. 1895.