The San Francisco call., 1897-02-02
Observation-Disclosures.
Stockton. hirket and Ellis Sts..
EOTICE INVITING SEALED PROPOSALS
For the Purpose of Sale of Bonds of
the City of San Jose. -

THE MAYOR AND COMMON COUNCIL. OF
the Ciiy OF san Jose having by ordinance en-
and sale of bonds of the City of san Jose" etc.
passed on the 2lst day of December, 1895, and
ordained that there should be issued by said city
bonds. of the determination of ST 25 each and four
hundred sewer bonds of the denomination Of 300
each, both classes of bonds to bear interest ths
rate OF 4 II er cent per annum. payable semi
annually, and also by said ordinance authorized
aud directed the City Clerk of said city to give
notice inviting proposals for the sale of said bonds
Public notice is hereby given that the city OF san
Jose intends to issue thousand bonds aforesaid
and that sealed proposals will be received at the
office OF said City Clerk, at the City ali in San
Jose California untS the hour of eight O'CLOCK
p. NJ. on the eighth day of February, 1897 lat
which time. or as soon thereafter said Mayor
and Common council shall duly convene said bids
will be opened), for the purchase the W hole or
any part Of said high school building and sewer
date June l. 1897, anu the interest thereon to bs
paid semi-annualiy on the first day Of December
both principal and interest payable In gold coin or
lawful money of the United States.
Said high school building bonds shall be num-
bered consecutively from oae to six hundred, both
inclusive, and be divided into forty SERIES num-
elusive, each series consisting OF fifteen bonds:
the first series is 10 include those bonds which are
each succeeding series is to include the fifteen
bonds numbered consecutively after those in
cluded IN the next preceding series
Said sewer bonds shall be nuplbered consecu-
lively from one to four hundred. both Inclusive
secutiye.y from to forty, both inclusive each
series consisting of ten bonds the first series is 10
include those bonds which are numbered from
one TO ten, both inclusive, and each succeeding
series IL TO include the ten bonds numbered con-
Sc ecntiveiy after those included in the next pre-
ceding series
The first series Of said high school building
bonds and said sewer bonds sh all be made payable
on the first day of June. 1898, ard Of the re-
manning series is to be made payable on the first
day OF June In each succeeding calendar year
thereafter, until and including the year 1887.
said bonds are to be made payable 10 The order Of
the purchaser or payee BY name, and TO each OF
said bonds there is TO be attached interest bearing
coupons, double in number 10 the number of years
which such bond has 20 run before its maturity.
Proposals st state the price offered, the descrp-
tion of the bonds desired, and be companied by
q certified check on some responsible bank. pay
able to the order the Mayor of said City, for at
least ten per cent of the amount bid, said cheek to
be returned to bidder in case the bid is not ac-
cepted. The purchase money for said bonds shalt
be paid in gold coin OF the United states within
ninety days after notice of acceptance. The right
toaccept any or ali bids and to reject any or ali
bids, or portions of bids, is hereby expressly re-
served. w. COOK, City Clerk
Dated January 3D. 1897.