The San Francisco call., 1897-01-26
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 "An n, 9raiaanso proyiainS for the Issuance
passed the 21st day Of December, 1895, aud
approved on the 23d day OF December, 1895,
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 sIOO
each, both classes Of bonds to bear Interest at the
rate Of s1a er cent per annum. payable semi
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 one thousand bonds aforesaid
and that sealed proposals will be received at the
Jose, talifornia, until the hour OF eight O'CLOCK
which time, or as soon thereafter as said MAYOR
and Common Council sh all duly convene, said bids
will be openedl, for the purchase Of the whole or
bonds or either thereof Said bonds to bear
date June L 1897. ana the interest thereon 10 be
paid sem1-annuRIy on the first day VI 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 mum.
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;
numbered from one to fifteen, both Inclusive and
each succeeding series is to include the fifteen
bonds numo oered consecutively after those ia
cluded In the next preceding series
Said sewer bonds shall be numbered oonsecu-
lively from one to four hundred, both Inclusive,
and b divided into forty series numbered ron
secutively from one to forty, both inclusive each
series consisting of ten bonds; the first series is to
inc. .ude those bonds which numbered from
one to ten, both inclusive, and each succeeding
series Is to include the ten bonds numbered con-
cutively after those included in the next pre-
ceding series.
The first series Of said high school building
bonds and said sewer bonds sh Ill be made payable
on he first lay Of June, 1898, and one Of the re-
naming series is to be made payable on the frat
dar or June In each succeeding ca endar wear
thereafter, until and including the yeAr 1887
said bonds are TO be ade payable to the order Of
the purchaser or payee By name, and to each Of
saia bonds there TO be attached interest bearing
coupons, double in number TO the number Of years
whicn such bond has to before its maturity
Proposals state the price oer ed the descrip-
tion of the bonds desired, and be accompanied by
q certified check on some responsible bank pay
able to the order of the Mayor of said City, for at
least ten per cent OF the bid said cheek to
be returned to bidder in case the bid is not ac-
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
10 accept any all bids and to reject any or oil
bids, or portions of bids, is hereby expressly re.
served. J. w, COOK. Civ Clerk
Dated January ID, 1897