The Hood River glacier. (Hood River, Or.) 1889-1933, 1911-03-16
Notice Of Sale Of Water Bonds

Notice is hereby given pursuant to order of !
the Common Council OF the City OF Hood Riv- |
er, oregon, that sealed proposals for the pur- |
chase of $50 900 of not to exceed six per cent. |
water bonds of the City of Hood River will be !
received by the undersigned Recorder of said |
City at his Office ia Hood River oregon, from |
the date of this notice up to u o'clock noon ON /
the lth day OF April, l9ll said bonds viii be |
dated the LIST day of July. 1911, and become |
due thirty years aiter date; provided how.
ever, that the City of Hood River shall and |
does reserve unto itself the option to take up |
and pay OF all OF said bonds at ten or twenty |
years after date, as the Council shall elect.
Proposals 10 buy said bonds viii be opened |
and considered by the Common Council on
the 4th day of April, 1911, at u o'clock noon OF
saididay. Said bonds will bear interest at the |
rate of not to exceed six per cent. per
annum, interest payable hali-yearly, both |
principal and interest payable at the
option of the purchaser, either In the
city of New York, N. w. Chicago, III
nOs, or at the Office of the Treasurer of tn
city of Hood River, oregon, and said bonds
shall toe issued in denominations OF from 500
to $1,000 as the purchaser may desire. All
bids must be accompanied by certified
cucck in the sum of 81 900 payable to the city
of Hood River, oregon, which sum shall be
forfeited to sad city rs Nquidaied damages IT
the bidder shall fail TO complete the purchase
of said bonds, they being legally issued The
CITY of Hood River win within fifteen days
after awarding said bonds to any purchaser,
furnish to said purchaser n certified copy of
OF all the proceedings leading up to said bond
anime and pass upon said proceedings as to
their legality witpln thilty days from the Te.
Ceipt of said transcript Tue Common COun-
ell reserve the right 10 lej ct any and all bids;
said bonds will be sold to the highest respOn.
sihle bidder thereof for cash.
The foregoing bonds are to be issued by the
Common Council of said city by virtue OF and
under the authority OF AN Act of the Legisla.
tive Assembly Of the State of Oregon entitled
AN Act to incOrpnra' { the city of Hood River
aut To proVidea Charter therefor, and tO de
fine l'S powers approved by the Governor of
the State OF oregon on the 2Sth day of Frbru-
arN, 1901 and = amended by "A special Act of
the Legislative Assembly of the state ut ore.
gOn entitled, "An Act to amend Sections 80
o. ", SO, %, A5 and l02 of an act entitled An
Act to incorporate the city of Hood River
and to provide Charter therefor and to de
fine its powers approved Feb ~, 1901, and To
provide for the construction, repairing and
laying down of all necessary sewers and
drains of a capacity sufficient TO provide for
complete system of sewers of a whO.e or any
part of the City . Hood River, and to provide
for issuing bonds of said city for such pur-
pose and other purposes approved by the
Governor and filed in the OtiiCe OF the Secre-
tary of state February -, 1903, and rs further
amended by an initiative measure submitted
to the qualified electors of said city by rGsOIu-
ton OF the Common Council thereof, dated
January 49, 1909, to amend sections lO2 and log
of said act, approved by majority vote of the
qualified electors of said city at special
| election held In said city on the 25th day of
| March, 1909 Said bonds shall be known as
"Water Bonds OF the City of Hood River, ore.
gon," and are TO be issued for the purpose OF
raising money with which to pay the COSTS
and expenses that may be incurred by said
city in purchasing, constructing and equip
ping complete municipal water system tor
the citizens OF the City of Hood River, oregon,
and vicinity.
This notice is published in the Hood River
Glacier, a newspaper OF general circulation In
Hood River, Oregon, for sixty full days prior
to the date Of opening bids for the purchase
n "a A
thereof being the 2nd day Of February, 1911,
and said notice will be published for at least
one issue prior to the date of opening bids for
the purchase Of said bonds, in financial
newspaper published in the city ofNcw York.
II. B. TANGIBLE.
Recorder of the CITY of Hood River.