The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1897-01-12
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 en-
titled IAN ordinance providing for the issuance
and sale of bonds OF the City of san Jose" ETC.,
passed on the 2lst day of December. 1895, 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 1928 each, and four
hundred sewer bonds of the denomination OF 500
EACH both classes of bonds to bear interest at the
rate OF 412 per cent per annum. payable semi
annually, and also 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,
anu 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 lat
which time, or soon thereafter said Mayor
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 1, 1897 anu the interest thereon to be
paid semi-annually on the first day If 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-
oered consecutyely 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
mbered from one to fifteen, both inclusive, and
each succeeding series is TO include the fifteen
bonds numbered consecuuvely after those IN
cluded in the next preceding series
Said sewer bonds shall be numbered consecu-
and b. divided into forty series numbered con-
secutivey from one to forty, both Inclusive, each
series consisting of bonds; the first series is
include those bonds which are numbered from
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 all be made payable
on the first day of June, 1898, and one of the re-
manning series is TO be made payable on the first
day OF June In each succeeding calendar year
thereafter. until and including the year 1887.
said bonds to be made payable TO thu order OF
the pu rchaser payee By name, and 10 each Of
said bonds there is 10 be attached interest-bearng
coupons, double in number 10 the number of years
when such bond has to before its maturity.
Proposals must state the price one ed the descrp-
ton of the bonds desired, and be accompan ed by
u 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
copied. The purchase money for said bonds shall
be paid in gold coin OF the United states within
ninety days after notice of acceptance. The right
toaccept any or ali bids and to reject any or all
bids, or portions of bids, is hereby expressly re-
served. ]. W. COOK, City Clerk.