The San Francisco call., 1897-01-22
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 JOSEF etc.
passed on the 2lst day Of December, 1896 and
ordained that there should be issued by said city
Of San Jose six hundred high school buildinK
bonds, of the determination of 1925 each, and four
hundred sewer bonds OF the denomination Of 800
each, both classes OF bonds 10 bear interest at the
rate OF s1a er cent per annum. payable semi
annually, and also by said ordinance authorized
and directed the City Clerk Of said city 10 giYe
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 a. the
office of said City Clerk, the City, H ali in san
Jose, (aiforniA until the hour OF eight O'CLOCK
P. N, the eighth day OF February, 1897 (at
which time. or as soon thereafter as said Mavor
and Conn Council shall duly convene, said bids
win be openedl for the purchase Of the whole or
bonds, or either the reof Said bonds are to bear
date June ]. 1897. anu the interest thereon to be
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
bered consecutively from one 10 fofty both in
elusive, each series consisting OF fifteen bonds;
numbered from one to fifteen, both Inclusive, ana
each succeeding series is to include the fifteen
bonds numbered consecutively after those In
ciuded 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,
secutvely from one to forty, both inclusive. each
series consisting of ten bonds; the first series is
inc ude those bonds which are numbered from
one to ten, both inclusive, and each succeeding
series is to include the ten bonds numbered con-
se cutively after those included in the next pre-
ceding series.
The first series Of said high school building
bon.;s and said eewer bonds sh al be made payable
on he first day OF June, 1898, and one of the re-
naming series Is to be made payable on the first
DAY OF June IN each succeeding ca endar year
therraf er. until and including the We ,r 1887.
Said bonds are to be m ade payable TO tn order Of
the purchaser or payee BY name and 10 each OF
sal bonds there Is to be attached interest bearing
coupons double In number to the number Of years
which such bond has to run before its maturity.
Proposals mus state the price offe ed the descrp-
tion OF The bonds desired, and be accompanied BY
@ 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 checK to
be returned to bidder in case the bid Is not &C.
cepted The purchase money for said bones shall
be paid In gold coin OF the United ~tates within
ninety days after notice of acceptance The right
TO accept any all bids and to rel 4et any or all
bids or portions OF bids, is hereby expressly re-
served. J. W. COOK, City Clerk.
Dated january I'd. 1897