The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1908-02-26
PROPOSALS.
PROPOSALS FOR
S2,OOO,OOO.OO
OF
BALTIMORE CITY
STOCK

BALTIMORE, Nd, February a 1903
Proposals viii be received at the Mayors
ONCE. City Hall. Baltimore. until y o. clock
noon on MONDAY. March I6, 1905. FOR THE
PURCHASE, N WHOLE OR IN PART
o. 8, CO., 90 OF THE REGISTERED
STOCK OF THE CITY OF BALTIMORE
REDEEMABLE on THE 1ST DAY or
JUNE, N THE YEAR 1854. and bearing in
teFeSt az the rate q four Per ceutum per
ennuU, payable serli-annually on the hrst
days OF June and DeCssnber in each AMI
every year the stock 20 be deliverable on
the LIST day Of April, 1905. ana the interest
theFeon 10 commence from the LIST day OF
December. 1907
This stock is issued in pursuance OF an act
q the General Assembly OF MARYLAND passed
az its January session IN the year 1904 Chap
teS 20. ana by virtue Of the Ordinance No.
10 OF the Mayor and city Council Of Bal
timoTe, approved March 6. 1896. which pro-
vided for the issuance Of the stock Of the
Mayor anc City Council OF Baltimore 10 an
atnount not exceeding Two Million Dollars
. supply means OF cefraying the expenses
AM costs OF carrying into execution the plan
OF improve nent adopted or 10 be adopted
u5oeg the terms OF an act Of the General
Assembly OF Maryland passed at its Janu-
any session in the year 1S0f Chapter ga
creating a commission TO be known as the
Annex Improvement Commission" and au-
lhoflLec am empowered the Commissioners
Tor Opening Streets 10 perform the duties
and functions provided for the Annex I'M
pIoFeInent Commission IN said Chapter 20
OF the acts Of the General Assembly q
Maryland CT the year OF 1904 and prescribed
the manner N which the Commissioners Tor
functions so committed % them. and re-
pealed Ordinance No. I5S approved De-
cemoef D lsu4. and was ratified by the legal
voters or JEs city or Baltimore al the mu-
nicipal election held on May . 1900
Also. AZ the same time and place, pro-
posals viii be received FOR THE PUR-
CHASE, ~ WHOLE OR ~ PART, OF
s, 0o0,0 900 OF THE REGISTERED sTOCE
OF THE CITY OF BALTIMORE RE
- - II ~ 40 - = Co LIE Isl DAY OF MAY IN
TIE YEAR 1885, and bearing interest at
the rate Of four per centun per annum
payable SeIni-annu3lly on the first days OF
May and November in each and every YEAR
the stock to be deliverable on the LIST dsv
Of April 1908. ard the interest thereon Il
commence from the list dag OF November.
This stock Is issded in pursuance OF an
act OF the General Assembly Of MARYLAND
Passed at its JaLuarv session in the year
l$5A Chapter 6de, aid ny virtue OF the Or
dinance No Z2S Of the Mayor and City Couu-
ell OF Baltimore, approved March 20 1895
which provided for the issuance Of the stock
Of the Mayor and City ClunciI OF Baltimore
70 an amount not exceeding one Million
Dollars Tor the extension OF the present park
system OF the city OF Baltimore and for the
development and Improvement for park pur-
poses OF the lands over which Il shall be
50 extended, in such manner IS the Mayor
and City Council shall by ordinance pre-
scribe, ard was ratified by the legal voters
Of the city Of Baltimore at the municipal
election held on May 2. 1906.
The city does not tax ANY Of its issues
Of stock ana takes the place OF the holder
Of these two issues in Jne payment Of me
annual State tax thereSn for which the
holder Is legally liable.
All bids must be made at a price and
accrued interest and no bid for All OF
none" will be received
A deposit with the city Register OF a Ger
titled check for per cent Of the amount
Of stock awarded. drawn e the order Of the
Commissioners OF Finance must be maze
within q hours from the time OF the award
the same to be held until the certificates OF
stock are ready for delivery.
Proposals must be sealed and addressed t.
the President OF the Board OF Commission
ers OF Finance, City Hall. Baltimore. Nd -
and marked Proposal for Baltimore City
Stock"
The right IS reserved to reject any OF an
bids, JOHN NJ. LITTIG,
President Of the Board OF Commissioners OF
Finance for Baltimore city.
ISAAC i. NEWMAN,