The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1908-03-09
Financial
PROPOSALS FOR
S2,09O,OOO.O0
OF
BALTIMORE CITY
STOCK
BALTIMORE. Nd. February "a 80

Proposals Win bs received at the Mayo
Office City Hall. Baltimore. until u o'clc-=s
PURCHASE. IN WHOLE OR IN PART.
STOCK OF THE CITY OF BALTIMORE.
June. IN THE YEAR 1884 and bearing in
tsrest at the rate Of four per csntum per
annayn. payable semEannually on the hrst
every year. the stock % Do Deliverable On
the lst day OF April, 1903 and tie interest
thereon 70 commences from the Isl day OF
December, 1851.
This stock Is Issued IN pursuance OF an act
Of the General Assembly OF Mar yland passed
at is January session IN the year 1904 Chap
le- zif ana ~ virtue u the Ordinance No
l6 Of the Mayor and City Council Of Bal
tlmoTes approved March 9. 1890. which pro
Mayor and City Council Of Baltimore 20 an
amount not exceeding Two Million Dollars
70 supply means Of defrayinE the expenses
ano costs OF carrying into execution the plan
81 improve rent adopted or 20 be adopted
under the terms Of act OF the General
Assembly OF Maryland passed az It's Janu-
aFy session IN the year IsO4 Chapter rs.
creating a commission 70 be known as tbs
Annex Improvement Communication" and au-
Tor Opening Stress 20 perform tbs duties
and functions provided for the Annex I'm
proVement Commission IN said Chapter z7s
q the acts Of the General Assembly ot
Maryland Il the year OF 1894. and prescribed
he manner "A which the Commlsst 5neTs for
Opening Streets shall perform the duties and
functions 50 Committed 40 them and re-
pealed Ordinance No. Iss. approved De
eelnbeT {, 1874. and was TRtihed BY ths legal
voters OF the city o. Baltimore at the mu-
nicipal election held on May g 1905.
Also. az the same time and place. pro-
posatis VIII be resolved FOR TIE PUH-
CHASE. ~ WHOLE OR N PART. or
81. 10000 or THE REGISTERED STOCK
OF THE CITY or BALTIMORE. RE-
DEEMABLE on THE IsT DAY OF NAY N
IHE YEAR 1856. and bearing interest &C
the rate Of four per centum per annuu,
payable Senli-Gnnuzlly on the first days Of
May and November IN each and every year:
the stock 70 be deliverable on the 1st day
OF April. 1913, ard tho interest thereon 70
commence nom the 1st day OF November.
1907.
This stock IS issued IN pursuance OF an
act Of the General Assembly OF Maryland
passed at Its January session IN the year
dinance No. rs Of the Mayor and city Co9a-
| ell u Baltimore, approved March 20. 1915.
! Of the Mayor and City Council Of Baltimore
20 an amount not exceeding one Million
] Dollars for the extension " the present park
system OF the city OF Baltimore and Tor The
development and Improvement FOR park pgT-
| poses % the lands over which 70 shall b
| 30 extended in such manner IS the Mayor
and City Council shall by ordinance pre-
scribe. and was ratified by the legal voters
OF the city OF Baltimore at the municipal
/ election held Nay 2. 1908.
The city does not tax ANY OF its issues
| 81 stock and takes the place q the hOldsE
| OF these two issues In the payment Of tns
holder Is legally liable.
All bids must be mads AZ price and
| accrued interest and Did for all OF
none viii tie resolved
A deposit with the city Register OF Ger
titled check for per cent OF the amount
/ Of stock awarded, drawn tc che order 81 the
! Commissioners Of Finance. must be made
within q hours from the time or the award.
the same 20 De held until the certificates or
stock are ready for delivery.
/ proposals must be sealed and addressed o.
| the president Of the Board Of Commission
! ers Of Finance. City Hall. Baltimore, Nd. 80
| and marked Proposal Tor Baltimore City
stock
/ The right is reserved 20 reject any OF all
] bids JOHN NJ LTTTIG.
| President q the Board Of Commissioners %
| Finance for Baltimore City.
| ISAAC J.. NEWMAN.
! Clerk