The Washington times., 1908-03-02
Financial
PROPOSALS FOR
S2,0O0,OO0.o0
OF
BALTIMORE CITY
STOCK

BALTIMORE. ND. February a. 1893.
Proposals win be received AT the Mayors
once, city HALL BaltimOre. until y o'clock
noon on MONDAY, March e. 1865. FOR THE
PURCHASE, N WHOLE OR ~ PART.
OF 100000 or TIE REGISTERED
STOCK OF THE CITY OF BALTIMORE.
REDEEMABI4E on THE 1sT DAY OF
JUNE. IN THE YEAR 1854 and bearing iu-
terest at the rate o. four per ceutum per
annums payable semi-annually on the drst
days % June and December ia each and
every year. the stock to be Deliverable on
$3.50 80 - Gay q ApIL4, t5oas aaa me interest
thereon 70 commence from the LIST day Of
December. 1861
Tl.is stock is Issued in pursuance OF an act
Of tie General Assembly Of Maryland passed
ST ITS January session Ia the year 1904 Chap
te- "a and BY virtue OF the Ordinance No.
~ OF the Mayor ana City Council Of Bal
tlmores approved March Q. 1896. which pro-
vided for the Issuance q the stock Of the
Mayor and city Council Of Baltimore 20 an
amount not exceeding Two Million Dollars
70 supply means o. defraylnE the expenses
ana costs Of carrying into execution the plan
OF improve cent adopted or 20 be adopted
tpoer me ierm3 Of an act Of the General
Assembly OF Maryland passed az its Jauu-
any session IN the year 1904 Chapter ga
cfe4tng a commission 20 be known as the
,AI-ne1 Improvement commission and au-
tHorizec en1 empowered the Commissioners
ior Opening Streets 20 perform the duties
ana functions provided for the Annex Ina
pToYemeut Commission IN said CHAPTER "a
OF the acts OF the General AsserlbIv %
Mar land Il the year OF lsoi and prescribed
me manner N which the Commissioner for
functions Sc committed % them and re-
pealed Ordinance no. 16s approved De-
cember 3, lsO4. and was ratified BY the legal
NOFIA o. Ihe city OK Baltimore at the mu-
nicipal election held on May q 1866.
Aigos al the same time and place. pro
posals will be received FOR The PIN
CHASE IL WHOLE OR IN PART or
q, 900 OF THE REGISTERED STOCK
OF THE CITY OF BALTIMORE, Re.
DEEMABLE on THE IdT DAY or May II
TIE YEAR 1850, and bearing interest at
the rate OF four Per ceutum per an1um,
payable seLni-annually on the first days OF
May and November In each ana ever year.
the stock TO be Deliverable on the ist day
or April 1913. ard the interest thereon u
commence from the LIST day Of November.
This stock is issued in pursuance OF an
ac- u the General Assembly Of Maryland
ls0s. ChapteF sos, ana BY virtue OF the or
dinAnee No 2Ze Of the Mayor and City Cou l.
eli Of Baltimore. approved March @, 1863
which provided for the Issuance Of the stock
Of the Mayor and City Council OF Baltimore
70 6n amount not exceeding one Million
Dollars for the extension Of the present PARK
system o. TIE city OF Baltimore and for the
development and Improvement for park pur-
poses OF the lands over which il shall b
50 extended. IN such manner IS the Mayor
ana City COUNCIL snail by ordinance pre-
scribe ard was ratified By the legal voters
OF the city Of Baltimore AT the municipal
election held on 8iay 3 1895
The city does not tax ANY Of its issues
OF stock and takes the place Of the holder
Of these two issues in the payment Of tns
annual state tax thereon for which, the
holder is legally liable.
All bids must be msds a. a price and
accrued interest" and no bid for all o.
none viii he received
4 deposit with the city Register Of a GER
tined check Tor per cent OF the amount
Of stock ewarded. drawn to the order y the
Commissioners OF Finance must be male
within q hours from the time Of the award
the same 20 be held until the certificates or
stock arc ready for delivery.
Proposals must be sealed and addressed 70
the president OF the Board or Commission
ers Of Finance, City Hail. Baltimore. I'D %
and marked Proposal Tor Baltimore City
Stock
The right IS reserved 70 reject any or al
bids. JOHN NJ LTTTIG.
President q the Beard OF Commissioners OF
Finance Tor Baltimore City.
ISAAC L. NEWMAN.
Clerk