The San Francisco call., 1897-02-06
MISCELLANEOUS.
NOTICE INVITING SEALED PROPOSALS
For the Purpose of Sale of Bonds Of
the CITY of San Jose.

TIE MAYOR AND COMMON COUNCIL OF
the City Of San Jose, having by ordinance
and sale Of bonds OF the City OF 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 $l25 each and four
hundred sewer bonds of the denomination OF 500
each, both classes OF bonds bear interest at
rate ,at, OF -Zs ter cent per annnm payable semi
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. the City IL ali in San
Jose, Califcrnia, until the hour OF eight o'clocx
p. n, on the eighth day OF February, 1897 (st
which time. or 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 h gh school building and newer
bonds. or either thereof said bonds are to bear
date June ]. 1897, anu the interest thereon TO bs
paid semi-annually on the first day cf 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 num-
bered consecutvely from one 10 six hundred both
inclusive, and be divided into forty SERIES num-
bered consecutivelY from one forty, both in
elusive. each series consisting of fifteen bondI;
the first series is 10 include those bonds which ara
numbered from one to fifteen both Inclusive and
each succeeding series is to include the fitesn
bonds numbered consecutively after those in
cluded in tue next preceding series
said sewer bonds shall be numbered consecu-
and b divided into forty series numbered ron
secutively from one 70 forty both inclusive. each
series consisting of ten bonds; the first series to
include those bonds which numbered from
one to ten, both inclusive, and each succeeding
series is 10 include the ten bonds numbered con-
&c cutiyely 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 10 be made payable the first
day OF June in each succeeding endAr wear
thereafter. until and including the year 1887.
Said bonds to be m ade payable TO the order OF
the purchaser or payee by name and each of
ead 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 must state the price oei ed, the descrp
ton of the bonds desired, and be accompanie led by
a certified check on some responsible bank, pay
able 10 the order of the Mayor of said City.
least ten per cent of the amount bid said cheek to
be returned 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 days after notice of ceptanca The right
to accept any or all bids and reject any or all
bids, or portions OF bids, is hereby expressly re-
served. J. W. COOK City Clerk
Dated January I'd. 1897.