The San Francisco call., 1897-01-30
NOTICE INVITING SEALED PROPOSALS
For the Purpose of Sale of Bonds Of
the CITY of San Jose.

THE MAYOR AND COMMON COUNCIL OF
i the City 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 21sC 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 SIOO
each, both classes of bonds to bear interest at tn
rate OF 412 er cent per annum. payable semi
annually. and by said ordinance authorized
and 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 thousand bonds aforesaid
and that sealed proposals VIII be received at ths
office OF said CITY Clerk. at the City II ali In san
Jose. California. until the hour OF eight O'CLOCK
p NJ, on the eighth day OF February, 1897 (at
which time, thereafter as said Mayor
and Common Council shall duly convene, said bids
will be openedl, for the purchase OF the whole
any part of said high school building and sewer
bonds either thereof Said bonds TO bear
date June / 1897 anu the interest thereon to bs
maid semi-annualiy y on the frst day II DecembsP
and the first day OF June OF each year thereafter
both prIIcIpa and Interest payable in gold coin or
lawful money of the United States
Said high school building bonds shall be
bered consecutively from one TO six hundred, both
inclusive, and be divided into forty series, num-
bered consecutivel- from one 10 forty, both in
elusive. each series consisting of fifteen bonds;
numbered from one TO fifteen, both lnclusiye, and
each succeeding series is TO include the fifteen
bonds numbered consecutlvely after those in
cluded In the next preceding series
said sewer bonds shall be numbered consecu-
lively from one 10 TOUR nunQreu, DOtn INCLUSIVE
and b. divided into forty series numbered
secutiveiy from one TO forty, both inclusive each
series consisting of bonds first series is to
include those bonds VIII ch numbered from
one to ten, both inclusive, and each succeeding
series is to include the ten bonds numbered con-
secutiyey after those incinded in the next pre-
ceding series.
The first series of said high school building
bonds and said sewer bonds sh tn be made payable
OH the first day OF June. 1898 and one of the
naiaIng series is 10 oe made payable the first
day June in each succeeding calendar wear
thereaf er, until and including the year 1887
said bonds are to be N ade payable to the order Of
the purchaser or payee b. name, and to each OF
said bonds there Is 10 be attached interest bearing
coupons double in number to the number Of years
which such bond has to before its maturity
Proposals must state the price offered the descrip-
tion of The bonds desired and be accompanied by
a certified'check some responsible bank, pay
able 70 the order of the Mayor OF said City, for at
least ten cent of the amount bid said cheek 10
be returned to bidder in case the bid is not ao-
copied. The purchase money for said bonds shall
be paid in gold coin of the United states within
nipaty days after notice of acceptance. The right
to accept any or all bids and 10 reject any or all
bids, or portions Of bids is hereby expressly re-
served. J. W. COOK, City Clerk
Dated January I'd, 1897