The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1897-01-09
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
titled IAN ordinance providing for the issuance
and sale of bonds of the City of Jose" ETC.,
passed on the 21st day of December, 1895, aud
ordained that there should be issued bv said city
of San Jose six hundred high school building
bonds OF the determination Of Sl25 each and four
hundred sewer bonds OF the denomination OF 500
each, both classes of bonds to bear interest at the
rate OF -1a per cent per annum. payable semi
annually, and also by said ordinance authorized
aud 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.
ana that sealed proposals viii be received at the
office OF said City Clerk. the City all in san
Jose, California. until the hour OF eight o'clocx
P NJ ON the eighth day OF February 1897 lat
which time soon thereafter 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 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 prn cipal and interest payable in gold coin
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 bond&;
the first series Is 10 include those bonds which are
numbered from one to fifteen. both inclusive and
each succeeding series is to include the fifteen
bonds numbered consecltively after those Ia
Guided in the next preceding SERIES
said sewer bonds shall be numbered consecu-
lively from to four hundred both inclusive,
and b divided into forty series numbered
secutively from one to forty, both inclusive each
series consisting of ten bonds; the first 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 building
bonds and said sewer bonds sh Ill be made payable
on the first day of June. 1898. and of the re-
raining series is 10 be made payable on the first
day OF June in each succeeding endar year
thereafter. until and including the year 1887.
said bonds to be IN ade payable to tn order Of
the purchaser payee by name, and each of
said bonds there is to be attached interest bearing
coupons, double in number to the number of V, aTs
which such bond has to run before its maturity.
Proposals state the price offe cd, the descrp
ton of the bonds desired, and be accompan ed by
a certified check on some responsible bank, pay
able TO the order OF the Mayor of said City, for
least ten per cent of the amount bid said cheek 10
be returned TO bidder in case the bid is not ac-
cepted. The purchase money for said bonos shall
be paid in gold coin of the United states within
ninety days after notice of acceptance. The right
accept any or all bids and 10 reject any Or all
bids, or portions Of bids, ia hereby expressly
served. j. W. COOK, City Clerk
Dated January 3D. 1897.