The San Francisco call., 1897-01-02
NOTICE INVITING SEALED PROPOSALS
For the Purpose of Sale of Bonds of
the City of san Jose.

THE MAYOR AND COMMON COUNCIL OF
L the Ci.y OF San Jose, having by ordinance en-
titled 'An ordinance providing for the issuance
and sale OF bonds of the City of Jose" ETC.,
passed on tnes 2lst day of December 1896 and
approved the 2Sd day of December, 1896,
ordained that there should be issued bv said citv
of San Jose six hundred high school building
bonds. of the deLomin alton of 1925 each and four
hundred sewer bonds of the denomination Of 800
each, both classes of bonds bear interest at the
rate OF 412 per 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 one thousand bonds aforesaid.
AMI that sealed proposals Will be received at the
office of said City Clerk. at the City II ali in San
Jose ( alifornia until the hour OF eight O'Clock
p NJ. on the eighth day OF February, 1897 cat
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
any part of said high school building and sewer
bonds. or either hereof. said bonds are to bear
date June l. 1897. anu the interest thereon TO be
paid sem1annually on the first day ~ 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 consecuLvely from one 10 six hundred, both
incl i've and be divided into forty SERIES, num-
bered consecutiveH from one to iorty, both In
elusive, each series consisting of fifteen bonds;
the first series is 10 include those bonds which are
numbered'from one to hiteen' both inclusive, and
each succeeding series is TO include the fifteen
bonds numbered consecftively after those in
Guided in the next preceding series.
Said sewer bonds shall be numbered conseeu-
lively from to -four hundred, both inclusive,
and b divided into forty series numbered "On-
secutvely from oneto forty, both inclusive. each
series consisting of ten bonds the first is TO
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-
cedng series.
The first series OF said high school building
bonds and said sewer bonds sh all be made payable
on the first day Of June 1898 and of the re-
naming 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 to be NJ sde payable TO tn order Of
the purchaser payee by name and TO each OF
said bonds there Is to be attached interest bearing
coupons, double in number to the number of aFS
which such bond has to run before its maturity.
Proposals state the price Offer ed the descrip
ton of the bonds desired, and be accompan ed 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 amount bid, said cheek to
be- returned to bidder in case the bid is not
cepted. The pure hase money for said bones shall
be paid in gold coin OF the Uni.ed States within
ninety days after notice of acceptance. The right
accept any all bids and TO reject any all
bids, or portions Of bids, is hereby expressly re-
served. J. W. COOK City Clerk.
Dated January 2d, 1897.