The San Francisco call., 1897-01-18
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-
and sale Of bonds of the City Of San Jose" etc,
passed ON the 21st 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 denomination Of 1925 each, and four
hundred sewer bonds OF the denomination of SiOO
each both classes OF bonds to bear interest at the
rate Or, or az per cent per annum, payable semi
and directed the City Clerk of said city TO give
notice inviting proposals for the sale Of said bonds
Public noticeis hereby given that the City Of San
Jose intends to issue one thousand bonds aforesaid,
ana that sealed proposals will be received at the
office OF said City Clerk at the City ali In san
Jose, California, until the hour of eight O'CLOCK
P. M, on the eighth day of February, 1897 cat
which time, or as soon thereafter as said MayoT
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 thereof Said bonds are TO bear
Gate June !, 1897 ana the interest thereon to be
paid semfannually on the first day Of December
and the first day of June Of each year thereaftor
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 are
numbered from one to fifteen both inclusive, and
each succeeding series is to include the fifteen
bonds numbered consecutfvely after those In
cluded 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-
secutively from one to forty, both inclusive each
series consisting of ten bonds; the first series is 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 buildinp
bonds and said sewer bonds shall be made oayable
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 Calendar vear
thereafter, until and including the wear 1897
said bonds are TO be ade payable to The order Of
the purchaser or payee by name and TO each Of
SAID bonds there Is to be attached interest bearing
coupons coup, Gonole IN number to the number of years
Which such bond has to run before its m atnrity
Proposals must state the price offered the descri-
ton OF the ponds desired, and be ACCOMPANIED bv
certlhed check on some responsible bank pay.
aoe 70 lhe order OF the Mayor OF said City for at
ieast ten per cent OF the amount bid said CHECK to
DC re5urnea NED to bidder in the bid is not ac-
cepted; The purchase money for said bonds shall
be paid In gold coin OF the United states within
ninety Gays after notice Of acceptance. The right
10 accept any or all bids and reject any or all
DIGS or portions Of bids, is hereby expressly re-
Dated January I'd, 1897