The San Francisco call., 1897-01-20
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, 1896, 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 100
EACH both classes of bonds to bear interest at the
snnuay and also by said ordinances sptSoTZat Ssn6
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 one thousand bonds aforesaid.
and that sealed proposals Will be received at the
office of said City Clerk. at the City III ali in San
Jose, California until the hour OF eight o'clock
P. NJ, on the eighth day of February, 1897 tat
which time or as soon thereafter as said Mayor
and Common Council shall duly convene, said bids
will be opened), for the purchase of the whole or
bonds, either thereof Said bonds are to bear
date June l. 1897, and 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
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 TO include those bonds which
numbered from one to fifteen both Inclusive, and
each succeeding series Is 10 include the fifteen
bonds numbered consecutively after those in
cIuded in the next preceding series
Said sewer bonds shall be numbered c0nsecu-
lively from one TO four hundred both Inclusive,
and b divided into forty series numbered con.
secutiveIy from one to forty, both inclusive each
series consisting of ten bonds; the first series is to
include those bonds which are numb bered 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 sh al be made payable
on the 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 casendar year
thereaf er, until and including the year 1887.
said bonds are to be m ade payable TO The order OF
the purchaser or payee BY name and 10 each OF
said bonds there Is 10 be attached interest bearing
coupons, double in number 10 the number of years
which such bond has to run before its maturity.
Proposals mast state the price ofe ed the descrip-
ton OF the bonds desired, and be accompanied by
certified check on some responsible bank, pay
able to the order Of theMayor OF said City, for
least ten per cent of the amount bid, said CHECK
be returned to bidder in case the bid is not ac-
cepted The purchase money for said bonds shall
be laid In gold coin OF the Uniled -tates within
ninety days after notice of acceptance The right
TO accept any all bids and to reject any or all
bids or portions Of bids, is hereby expressly re-
served. J. w, COOK Civ Clerk
Dated January Cd, 1897.