The Weiser signal. [volume] (Weiser, Idaho) 1890-1904, 1904-03-02
Notice of Sale of Municipal Coupon
Bonds.

Notice to all bidders is hereby given,
that the City of Weiser, Washington
county, Idaho, is about to negotiate and
sell municipal improvement bonds, to-
witt SO, 10000 Sewer Bonds, 100000
Funding Bonds, aggregating total sum
of SO, 200. 90 bonds, under and by virtue
OF the laws of Idaho and the ordinances
of the City of Weiser relating TO the Is
suance and sale Of municipal bonds.
The ordinance providing for the issu
ance of these bonds was passed by the
City Council and approved by the Mayor
on the 18th day OF January. 1904. and
afterwards published as required by
ordinance for period of thirty days in
said city
The issuance of these bonds has been
approved by the legal two-thirds ma
jority of the qualified electors, who are
taxpayers Of said city, at special cleo
ton held in said city February 18th,
1904, and duly canvassed and returned
carried and SO certified by the canvass
ing board of said city.
Said bonds shall be payable twenty
years from their date of issue, but shall
be redeemable at the pleasure of said
city at any time after the expiration of
ten years from their date, and shall be
loouCQ III Vi QlOO, DOUO,
$1,000 each, bearing interest at rate not
to exceed six per centum per annum,
interest payable semi-annually on the
first days of January and the first days
of July, each year hereafter until paid.
payable both principal and interest at
the office of the City Treasurer Of said
City or at the Chemical National Bank
in New York City, in the State of New
York. Said bonds are offered in sums
less than the whole amount so to be is
sued. or the total amount, at the option
of the bidder
The City reserves the right to reject
any and all bids and to make such allot-
ments in such sums as may be for the
best interests of said city.
All bids for these bonds must be ad-
dressed to the Mayor and Council of the
City OF Weiser. Idaho, and must be &C
companied by certified check in the
amount of five per cent of the amount of
the bonds bid for, such check to be
drawn in favor Of the City of Weiser,
Idaho, and to have no condition endorsed
thereon other than those which are set
forth by the ordinances of said City of
Weiser, the laws of Idaho, and the con-
ditions Of this notice.
Delivery of bonds to be made on or
before the 10Th day of April 1904, at
which time the above payments must be
made in full for the whole amount of
the bonds so allotted and if payment is
not made on or before that date, the said |
smount represented by said certified |
check shall be forfeited to said City in
satisfaction of damages accruing to it for |
such failure. No bids will be received |
for less than par value of said bonds for
the sum bid on. Said bonds with semi |
annual coupons attached will be of stan
dard autographed type form.
Sealed bids will be received at the Of |
fee of the City Clerk of said City of
Weiser, Idaho, up to six O'Clock D. m. on |
the 18th day of March, 1904, and the
same will be opened by the Mayor and |
Council on the said nth day of March.
1904, at eight o'clock p. m, at the Coun-
Gil Chamber in said City in the presence
Of ali bidders.
Full information relating to financial |
conditions, taxable wealth, and legal |
status and records of these bonds can be !
had by application to the City Clerks
office.
Witness my hand and the corporate
fsr.r, seal of the said City, this 23rd |
'SIA' day of February, 1904.
By order of the City Council.
STEWART H. TRAVIS,
ol-57-W City Clerk