The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-08-10

BANDS AND oRCHEsTRAs.
COUNTY NOTICE.
$4,000 SCHOOL BONDS FOR SALE
To the treasurer of King county. Wash

$4,000 SCHOOL BONDS FOR SALE
To the treasurer of King county, Wash.
ington:
Whereas at an election held In School
District No. So King county, Washing
ton, on the 10th day of June 1886. mora
than three-fifths of the voters voting at
said election, voted in favor Of vaiidai.
ing and ratifying the Indebtedness 81
said district, so far as~he Indebtedness
do not exceed per cent. of the taxahs
property of said district.
school District No. %, King county.
Washington, do hereby authorize tks
county treasurer of King county, to al.
vertise for sale, bonds TO the amount a.
$4,000. eighteen thousand dollarsl. sad
bonds TO be issued under act of 1885, re-
(Signed)
GEO. P. HOLDEN. Chairman.
JOS. II. BLAKE,
w. w. DE LONG
Directors of School District No. 20
JOHN A. M'CRORY. Clerk Of District
No so
Acting on the above. notice is hereby
given that the town of Ballard, School
District No. so. 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 |, lSs5
To be payable on the S0th day of Sep
flee of King county. state Of Washing
ton, or at the office of the fiscal agency
of the state. of Washington. In the city
of New York in. the state OF New York,
est to be paid semi-annually and eyi.
denced by coupons payable at the said
treasurer's office or at the said fiscal
agency at the option Of the holder.
Sealed bids for the purchase OF said
bonds will be received by the. county
treasurer OF King county, state OF Wash
ington. up to O'Clock r. m. on Monday.
September 2. 1895, ut the office OF san
county treasurer, I'm the city OF Seattle,
state of Washington. at which time. said
bids will be considered as required by
law.
bidders for said bonds are asked 10
name price and rate OF interest AT which
they viii purchase said bonds-said bonds
viii! be ready for delivery on October l.
1895.
Said bonds will not be sold below par.
Under the law bids for bonds bearing
greater rate OF interest than per cent;
per annum will not be considered. Al
persons bidding for said bonds except
the state of Washington, are requested 70
deposit with the said county treasurer
per cent of the par value of the bonds
when depositing with said treasurer
their bids.
No commissions will be allowed on the
sale of said bonds.
The directors of said school district re-.
quest persons bidding for said bonds 70
bid for bonds bearing four, four ana one
half. five and six per cent. interest Ier
annunl. interest payable semi annually,
or bonds bearing any other rate OF inter-
est not exceeding six per cent per an
mum. interest payable semi-annualy j
School District No. 20 includes In Us
limits the Town of Ballard. The poriia-
ton of the district is 5000. The yalua-
ton of the improved real estate belong
ing to the district including school build
ings, is 500, SIS. The valuation OF furnl-
fure OF school buildings is 81, 100. The m
debtedness OF the district at this date, q,
Guiding $40. 0c0 coupon bonds, Is sssgH ana
tho proceeds Of the proposed $4,000 is 70
nav this last indebtedness and can bs
used for no other purpose. The distr.cs
has contracted no debts since Nav xl.
1895. and under the law authorizing ire
issue OF the coo worth Of bonds can
not hereafter incur debts above It's m
come.
The assessed valuation of the property
in the district Is $3.50. $50
Treasurer OF King County. WASH
Seattle. Wash, August Let. 1925.
n