The San Francisco call., 1897-02-04
NOTICE INVITING SEALED PROPOSALS
For the Purpose of Sale of Bonds Of
the City of San Jose.

THE MAYOR AND COMMON COUNCIL OF
the City of San Jose, having by ordinance
titled IAN ordinance providing for the issuance
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
Of San Jose six hundred high school building
bonds, of the determination OF $125 each. and four
hundred sewer bonds of the denomination of 500
each, both classes of bonds to bear interest the
annually, and also by said ordinance authorized
and directed the City Clerk of said city to gITs
notice inviting proposals for the sale Of said bonds
Public notice is hereby given that the City OF San
Jose intends to issue one thousand bonds aforesaid
ana that sealed proposals will be received at the
Office of said City Clerk at the City IL ali in Saa
p NJ on the eighth day OF February, 1897 Cat
which time or as soon thereafter as said MAyog
and Common Council shall duly convene, said bids
will be opened). for the purchase of the whole or
any part Of said high school building and wer
date June ]. 1897. anu the interest thereon to bs
paid semi-annually on the first day u December
and the first day OF June Of each year thereafter
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 one 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
each succeeding series is 10 include the fifteen
bonds numbered consecuttvely after those ia-
cluded in the next preceding series
Said sewer bonds shall be numbered conseeu-
lively from TO four hundred, both inclusive,
and b divided into 1orty series mum bered ron-
secutively from one to forty, both inclusive each
series consisting of ten bonds: the first is
include those bonds which are numbered from
one to ten, both inclusive and each succeeding
series Is TO include the len bonds numbered con-.
secutiYely after those included in the next pre-
ceding series.
The first series OF said high school building
bonds and said sewer bonds sh al be made payable
on the first day OF June, 1898. and one OF the
Nc aiming series is 10 be made payable on the first
day of June in each succeeding ca endar year
thereafter until and including the year 1897.
said bonds are be N ade payable TO The order OF
the purchaser payee By name and 10 each Of,
said bonds there Is 10 be attached interest bearnR
coupons double in number 10 the number of yearA
whicn such bond has TO run before its maturtsS11A
Proposals must state the price eIed, the descrr.
ton of the bonds desired, and be accompanied by
a certified check on some responsible bank, pay
able 20 the order of 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 &C.
cepted. The purchase money for said bonds shall
be paid in gold coin OF the United states within
ninety days after notice OF acceptance The right
to accept any or all bids and reject any or All
bids or portions OF bids, is hereby expressly re-
served. ]. w. COOK, City Clerk
Dated January I'd. 1897.