The San Francisco call., 1897-01-31
EOTICE INVITING SEALED PROPOSALS
For the Purpose of Sale of Bonds OF
the City of San Jose.

THE MAYOR AND COMMON COUNCIL OF
L the City OF San Jose, having by ordinance
and sale OF bonds of the City Of san Jose" etc.
passed on the 2lst day of December, 1895, and
ordained that there should be issued bv said city
of San Jose six hundred high school building
bonds of the determination Of $125 each and four
hundred sewer bonds OF the denomination Of 500
each both classes of bonds to bear interest ut ths
rate OF 4 " ier cent Der annum payable semi
annually, and also by said ordinance authorized
and directed the City Clerk of said city 10 give
notice inviting proposals for the sale Of said bonds
Public notice hereby given that the City Of San
Jose intends to issue one thousand bonds aforesaid
and that sealed proposals Will be received at ths
office of said City Clerk the City n all in san
Jose, California. until the hour OF eight O'CLOCK
p N. on the eighth day OF February, 1897 (as
which time. or as soon thereafter said NJ ayor
and Common Council shall duly convene, said bids
will be opened), for the purchase of the whole or
any part of sad b gh school building and sewer
bonds or either thereof Said bonds bear
date June !, 1897 AMI the interest thereon to be
paid se1ai-annually the first day - December
and the first day OF June of each year thereafter
both prlncpai 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 to six hundred both
inclusive, and be divided into forty series, NUM-
bered consecutively from forty. both in
elusive each series conslstiDg OF fifteen bondS.
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 fifteen
bonds mum oered consecutively after those In.
cluded in the next preceding series
said sewer bOnds shall be numbered consecu-
and b divided into forty series numbered con.
Becutiveiy from one to forty, both inclusive each
series consisting of ten bonds; the rst series is 70
inc. ude those bonds which are numbered from
one to ten, both inclusive, and each succeeding
series is to include the ten bonds numbered con-
secutively 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 pnyablS
on the first day Of June 1898, and one of the re-
naming series Is 10 be made payable on the first
day OF June In each succeeding ca endar wear
thereaf er, until and including the year 1887.
Said bonds are to be ade payable to The order Of
the purchaser or psyee by Eame, and 10 each Of
said bonds there Is 10 be attached interest bearing
coupons double in number TO the number Of years
whicn such bond has to run before its maturity
Proposals mus state the price ofea ed the descri
tion of the bonds desired, and be accompau ed by
q certified check on some responsible bank, pay
able to the order OF the Mayor Of said CITY for a.
least ten per cent of the amount bid said checK 20
be returned to bidder in case the bid is not ac-
cepted. The purchase money for said bouds shall
be paid In gold coin Of the United >tates within
ninety days after notice of ptsnce. The right
TO accept any or ali bids and to reject anv or All
bids or portions OF bids, is hereby expressly re-
served. ]. W. cook CITY CLERK
Dated January 2da 1897