The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1897-01-14
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 en-
and sale Of bonds OF the City of san Jose," etc.,
passed on the 2lst day of December 1895, and
approved the 23d day OF December, 1896,
ordained that there should be issued by said city
of San Jose six hundred high school building
hundred sewer bonds OF the denomination of 500
EACH both classes of bonds to bear interest at the
rate of 412 per cent Der annum. payable semi
annually and also by said ordinance authorized
aud directed the City Clerk of said city 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
office OF said City Clerk at the City H ali in San
Jose, California, until The hour OF eight O'CLOCK
p NJ. on the eighth day OF February, 1897 tat
which time, soon thereafter said Mayor
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 sewer
bonds. either thereof. Said bonds 10 bear
date June !, 1897, anu the interest thereon to be
paid semannually on the first day Of December
and the first day of June of each year thereafter
both principal and interest payable in god coin
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 20 include those bonds which
numbered from one to fifteen, both Inclusive, and
each succeeding series Is to include The fifteen
bonds numbered conSecutively after those in
Guided in the next preceding series
said sewer bonds shall be numbered consecu-
lively from one to four hundred, both Inclusive
and b. divided into forty series numbered con-
secutively from one to forty, both inclusive each
series consisting of ten bonds: the first is
include those bonds which numbered from
one to ten, both inclusive, and each succeeding
series Is to include the ten bonds numbered con-
Sc cutively after those included in the next pre-
ceding series
The first series Of said high school building
bonds and said sewer bonds shall be made payable
on the first day of June, 1898. and one of the re-
manning series is to be made payable on the first
day OF June in each succeeding ca.endar wear
thereafter. until and including the year 1887.
Said bonds are to be made payable to tn. order Of
the purchaser or payee BY name, and 10 each or
said bonds there is TO be attached bearing
coupons, double in number the number of years
which such bond has before its maturity.
Proposals must state the price ofei ed, the descrp-
ton of the bonds desired and be accompanied by
certified check on some responsible bank, pay
able 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 the bid is not &C
copied. 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 ali bids and TO reject any or all
bids, or portions Of bids, is hereby expressly re-
served. J. W. COON, City CLERK.
Dated January I'd, 1897.