The San Francisco call., 1897-01-05
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laSSs a.aassl Es.A I358-I360 MARKET ST.
!! l!isss.lIYliilGla1 WORKS, LINCOLN CAL.
NOTICE INVITING SEALED PROPOSALS
For the Purpose of Sale of Bonds of
the City of San Jose.

THE MAYOR AND COMMON COUNCIL OF
the Cuy of San Jose, having by ordinance en-
titled IAN ordinance providing for the issuance
and sale of bonds of the City of san Jose" etc.,
passed ON the 21st day of December, 1896, and
approved on the 23d day OF December, 1896,
ordained that there should be issued bv 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 at the
rate of a12 Ter cent per annum, payable semi
and directed the City Clerk of said city to give
notice inviting proposals for the sale of said bonds,
therefore
Jose intends to issue thousand bonds aforesaid,
and that sealed proposals will be received at the
office of said City Clerk. at the City II ali in San
Jose, { alifornia, until the hour of eight o'c ocS
P. NJ on the eighth day OF February, 1897 tat
which time, or as soon thereafter as said May or
aud 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 sewer
bonds or either thereof. Said bonds are to bear
date June /, 1897, anu the interest thereon to be
paid semi-annually on the first day II 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-
bered consecutively from one TO forty. both in-
elusive, each series consisting of fifteen bonds;
the first series is 10 include those bonds which are
numbered from one to fifteen both inclusive, and
each succeeding series is to include the fifteen
bonds numbered conseclttvely after those in
cluded in the next preceding series
said sewer DOnuS snail De numbered COnnecu-
lively from to four hundred both inclusive,
and b divided into iorty series numbered cor-
secutively from one to forty, both inclusive each
series consisting OF ten bonds; the first
include those bonds which numbered from
to ten, both inclusive and each succeeding
series is to include the ten bonds numbered con-
s. cutivey 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 d ay of June, 1898. and of the re-
naming series is to be made payable on The first
day or June in each succeeding ca endar wear
thereaf er. until and including the yes 1887.
Said bonds are to be m ade payable to tn order Of
the purchaser or payee BY name, and 10 each OF
said bonds Is to be attached interest bearing
coupons, double in number 10 the number of years
which such bond has to before its maturity
Proposals st the price oei ed, the descrp-
tion of the bonds desired, and be accompan ed by
a certified check some responsible bank, pay
able 20 the order of the Mayor of said City,
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 bones shall
be paid In gold coin of the United tates within
ninety days after notice of accep eptance. The right
to accept any ali bids and TO rel ct any or all
bids, or portions of bids, is hereby expressly re-
served. j. W. COOK, City Clerk.
Dated January I'd, 1897.