The San Francisco call., 1897-01-21
NOTICE INVITING SEALED PROPOSALS
For the Purpose of Sale of Bonds of
the City of San Jose.

THE MAYOR AND COMMON COUNCIL OF
the CiIy 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
approved on the 23d day OF December, 1895
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 500
EACH both classes of bonds to bear interest at the
OF 412 per cent Der aunum. payable semi
annually and also by said ordinance authorized
and directed the City Clerk of said city 10 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, alifornia until the hour OF eight O'Clock
p NJ on the eighth day OF February 1897 fat
which time or as soon thereafter as said MaVor
and Common Council shall duly convene, said bids
will be opened), for the purchase OF the whole
any part of said high school building and sewer
bonds, or either thereof Said bonds 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 10 torty, both in
elusive each series consisting of fifteen bonds;
the first series is 10 include those ponds which ARD
numbered from one to fifteen both inclusive, andA
each succeeding series is TO include the hfteeuh
bonds numbered consecutively after those inF
cuded in The next preceding series Z
said sewer bonds shall be numbered cOnsecu-
lively from one to four hundred, both inclusive
and b divided into iorty series numbered rOu-
secutivey from one to forty, both inclusive each
series consisting of ten bonds; first serIeS to
include those bonds which are 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 sh Ill be m 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 ca endar year
thereaf er, until and including the wear 1887.
said bonds are to be IN ade payable tn 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 10 the number of y-arS
whlcn such bond has to run before its maturity.
Proposals must state the price ofe ed, the descrp-
ton OF the bonds desired and be accompanie ed by
certified check on some responsible bank, pay
able 20 the order of the Mayor of said CITY, for
least ten per cent of the amount bid said CHECK To
oe returned to bidder in case the bid Is not &C
copied Inc purchase money for said bonus shall
be paid In gold coin of the United ~tates within
ninety days after notice of acceptance. The sht
accept any or ali bids and TO reject any or all
bids, or portions OF bids, is hereby expressly rs-
served J. W COOK, CITY Clerk
Dated January I'd, 1897.