The San Francisco call., 1896-01-18
Hudson Medical Institute
NOTICE FOR BIDS.
Notice Inviting SEALED Proposals
for the Pure hase of Lincoln
Water Works Bonds.
Stockton, Market and Ellis StS.,
SAN FRANCISCO. CAL

The Trustees of the town of Lincoln having
by ordinance of said town entitled an ordi-
nance providing for the issuance and sale of
bonds for the town of Lincoln for the construc-
ton, acquisition and completion OF a water
works system for the said town of Lincoln for
fire and other municipal purposes, passed and
approved the 18th day OF December, 1895.
ordained that there shall be issued by the said
town OF Lincoln forty bonds of the denomina-
ton of $500 each, bearing interest at the rate
OF per cent per annum, payable annually,
and also directing the Town Clerk of the town
OF Lincoln 10 give notice inviting proposals Tor
sale of said bonds
Now, therefore, notice is hereby given bv the
Board OF Town Trustees of the town OF Lincoln
to sell said bonds aforesaid as they may deem
necessary. The said bonds are to bear date the
first Monday in January, 1896. and are to he
numbered consecutively from one to forty, both
inclusive, the first bond to be made payable on
the nrst Monday in January, 1897. and the re-
naming bonds conseCutiYely are to be made
payable on the first Monday in January in each
succeeding calendar year, until and including
the year 1885; the said bonds are TO be made
payable TO the bearer at the office OF the Treas
urer of the said town of Lincoln. in the said
town OF Lincoln, Placer County, State of Cali
1ornla' and to each of said bonds there is to be
attaehed interest coupons equal in number to
the number OF years which the bond in aues-
uon mas 10 run before its maturitv
sealed proposals for the purchase of said
ponos VIII be received by the clerk of the said
town on behalf OF the Trustees of the said
town at his Office in said town at anv tins
from the date Of the first publication OF this
nouce up to the hour OF O'Clock P NJ of the
o1st day OF January, 1896, and that thereafter
SAID bonds will be sold by the Board of Trus-
ices OF said town to the highest and best bid
DER Tor cash in gold coin OF the United States
rn nT fTrrTr
serve the right 10 accept or reject any and all
bids. No bid will be considered that is for Iess
than the face value OF said bonds Said bonds
will be delivered in the aggregate amount
made up OF forty serial bonds OF the entire issue
OF $4,000, numbered from one TO forty. both
inclusive.
The purchase price of said bonds must ha
paid on the delivery OF the bonds at the Office
OF the Town Treasurer OF the said town of
Lincoln. The purchaser or purchasers of said
bonds, to whom the same are awarded must
give an undertaking with at least two sufficient
sureties, in the penal sum of 10 per cent of
the purchase price payable 10 the said town ~
Lincoln, and conditioned that said purchaser
snail within ten days after receiving notice
on the part OF the said Board of Town Trus-
tees to deliver said bonds, take up and navf or
same delivered; and that a failure 10 49,
up and pay for same within the time barai
specified shall be breach OF said undartol,-
ing and shall constitute such breach of itsoIf
and the sum mentioned in said undertotJra
shall be held and considered as liouidstss
damages; and said undertaking NAV he sroi
upon immediately in the name of the tow, ot
Lincoln, and the amount specified tbe-ai1,
recovered as liquidated damages denosit
in the United States postofice of said town 90
Lincoln OF notice OF readiness to deliver said
bonds signed by the said clerk of the sain tow
and with the seal of said town affxed "a
dressed to the purchaser of said bonds at bia
place OF business or residence as stated in bis
bid fer said bonds, prepaid, shall he daar.os
and taken to be notice to the purchaser 49,
the date OF such deposit, and there shan IN
be embodied In said undertaking the pnr' nrno
such notice. iNleucy OK
Dated December 81, 1895.
F. L. SANDERS, Town Clerk