The San Francisco call., 1897-01-24
EOTICE 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
and sale of bonds Of the City of san Jose" ETC..
passed the 21st day Of December, 1896, ami
ordained that there should be issned by said city
of san Jose six hundred high school building
bonds of the denomination of $l25 each. and four
hundred sewer bonds of the denomination of 500
each both classes OF bonds to bear interest at
.nHusv s5d Also NV Ssd ordnsnosy pay sent
aud 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 viii be received at th9
office of said City Clerk. at the City II ali in san
Jose, California. until the hour of eight O'Clock
p NJ the eighth day or February, 1897 tat
which time, 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 aewer
bonds or either thereof Said bonds are to bear
date June l. 1897 amt the interest thereon to be
paid semi-annually on the first day Of 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 consecutively from one to six hundred, both
inclusive, and be divided into forty series, num-
bered consecutively from one forty both in
elusive. each series consisting of fifteen bonds
the first series is TO include those bonds which
mum mbered from one to fifteen, both inclusive, and
each succeeding series is to include the fifteen
bonds mum oered conSecutfvely after those in
cluded In the next preceding series
Said sewer bonds shall be numbered conBecu-
lively from one TO TOUR hundred, DOln Inclusive
and b. divided into forty series numbered c6n-
secutively from one to forty, both inclusive each
series consisting of ten bonds; the first series TO
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-
cedng SERIES
The first series Of said high school building
bonds aud said sewer bonds shall be made payable
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 year
thereafter until and including the year 1887.
said bonds 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 interestbeariDg
coupons double in number TO the number Of years
which such bond has to run before its maturity.
Proposals st state the price offered, the descrp-
tion of the bonds desired and be accompanied by
q certified check on some responsible bank, pay
able to tho order Of the Mayor OF said City, for at
least ten per cent of the amount bid said CHECK to
be returned to bidder in case the bid is not &c
cepted. The purchase money for said bonds ahau
be paid In gold coin Of the United states within
ninety days after notice OF acceptance. The right
to accept any or all bids and to reject any or all
bids, portions Of bids, is hereby expresslySre.
Dated January 3D. 1897