The Washington times., 1908-02-28
Financial
PROPOSALS FOR
S2,OOO,OO0.OO
OF -
BALTIMORE CITY 2ti
STOCK

BALTIMORE, ND. February =. 1908.
Proposals viii be received AZ tbs Mayors
office. city Hall, Baltimore until u o'clock
noon on MONDAY. March &c, 1893. FOR THE
PURCHASE. II WHOLE OR IN PART.
OF $l,oO9,O00 OF THE REGISTERED
STOCK OF THE CITY OF BALTIMORE.
REDFFAFARI.E OE THE fGT nav or
JUNE. II THE YEAR 1854. and bearing IN
terest at the rate Of four per centum PER
snnum, payable semi-snnuaIly on the frat
days OF June and December in each ana
every year. the stock 20 be deliverable on
the lst day Of APRIL 1903. and the interest
thereon 20 commence from the 1st day u
December, 1901
This stock Is issued in pursuance Of an act
Of the General Assembly OF Maryland passed
at its January session in the year 1904 Chap
te- "a and By virtue OF the Ordinance No.
20 Of the Mayor and city Council Of Bal
timore. approved March 6, 1906, which pro-
ylded Tor the Issuance q the stock Of the
Maybr anc city Council OF Baltimore 20 an
amount not exceeding Two Million Dollars
70 supply means Of defraylng the expenses
and costs OF carrying into execution the plan
or improve uent adopted or 20 be adopted
under the terms Of an act OF the General
Assembly Of Maryland passed at its Janu-
airy session IN the year 1904 Chapter PA.
Grating a commission 70 De known as the
| Annex Improvement Commission" and au-
Lhorizec and empowered the Commissioners
Tor Opening Streets 20 perform the duties
and functions provided for the Annex I'm
prOFement Commission In said Chapter "a
Maryland 4 the year OF 1864 ana prescribed
the manner N which the Commissioners for
/ functions 50 committed % them, and re-
pealed Ordinance No I69 approved De-
cember 5. 1874 and was ratified By the legal
voters OF the city Of Baltimore at the mu-
nicip8l election held On May 2. 1905.
Also, at the same time and place, pro-
posais Will be received FOR THE PUR-
CHASE, II WHOLE OR N PART or
! 81. 100000 OF THE REGISTERED STOCK
! OF THE CITY OF BALTIMORE. RE-
DEEMABLE ON THE 1ST DAY OF MAY IL
THE YEAR 1855, and bearing interest At
I the rate Of four per Ceqlum per anuum
| payable seni-annually on 'rhe first days OF
NAV ana November In each and every year
/ the stock TO be deliverable on the Ist day
| Of April 1913. ard the interest thereon g.
commence from the LIST day Of November.
This stock Is issued in pursuance Of an
act Of the General Assembly Of Maryland
Eassed az IT'S January session IN the yeaI
ls'4' rhaLter s's ana 6y virtue OF the Or
dtuance 30. 2zs OF the Mayor and City COul-
I ell Of Baltimore approved March %. 1906.
which provided for the issuance OF the stock
/ Of the Mayor and City Council Of Baltimore
| 70 an amount not exceeding one Million
/ Dollars FOR the extension OF the present park
system OF the city OF Baltimore ana for the
development ana Improvement Tor park pur-
I poses Of the lands over which II shall be
I 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 az the municipal
election held on day 2. 1896.
The city does not tax ANY Of its iEsuss
! o. stock ana taxes the place Of the holder
/ q these two issues in the payment Of the
annual State tax thereon for which tho
holder IS legally liable
All bids must be made az a price and
accrued interest and no bid for all or
none" viii he received.
A deposit with the city Register q a Ger
; ifed check for 2 per cent Of The amount
( Of stock awarded. drawn C the order Of tins
Commissioners OF Finance, must be made
within q hours from the time Of the awarl.
| the same 10 be held until the certificates Or
/ stock are ready for delivery.
Proposals must be sealed and addressed 70
| the president Of the Board Of Commission
| ers Of Finance. City Hall. Baltimore. Nd
and marked Proposal Tor Baltimore City
stock"
The right is reserved 20 reject any OF all
bids. JOHN NJ LTTTIG.
1 President Il the Board OF Commissioners OF
| Finance for Baltimore City.
| ISAAC 7. NEWMAN.
Clerk