The Hood River glacier. (Hood River, Or.) 1889-1933, 1911-03-23
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 $4,000 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 In Hood River, oregon. from
the date of this notice up TO Y O'Clock noon on
the 4th day of April. 1911. Said bonds will be
dated the LIST day of July. 1911, and become
due thirty years after 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 es the Council shall elect.
Proposals TO buy said bonds will be opened
and considered by the Common Council on
the Ith day of April, 1911, at II O'Clock noon OF
saidlday. 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. Y, Chicago, Hi
nOis or at the office of the Treasurer of tn
City OF Hood River oregon, and said bonds
shall be issued in denominations of from 500
to 81 600 as the purchaser may desire All
bids must be accompanied by certified
check in the sum of 81 900 payable to the City
of Hood River, Oregon, which sum shall be
forfeited to SAID city as liquidated damages If
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 certified copy of
OF all the proceedings leading up to said bond
issue, and the purchaser will be required to eX-
anime and pass upon said proceedings as to
their legality within thirty days from the re-
Ceipt of said transcript. The Common COun-
Gil reserve the right to reject any and all bids;
said bonds will be sold to the highest respon-
sible 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 incorporate the City of Hood River
| and to provide Charter therefor, and to de
| fine It's powers" approved by the Governor of
| the State OF oregon on the 2Sth day Ut Febru.
| ary, 1901 and s amended by special Act OF
| the Legislative Assembly of the State of Ore
gon entitled, can Act TO amend Sections 80,
| 81, 90, 49, "a, 95 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. y, 1901, and to
| provide for the construction repairing and
| laying down of all necessary sewers and
drains of Il capacity sufficient to provide for Il
complete system of sewers of whole or any
| part of the City Of 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 office OF the Secre-
| tary of State February -, 1905, and rs further
amended by al initiative measure submitted
| to the qualified electors of said city by resOlu-
| ton of the Common Council thereof, dated
| January IS, 1909, to amend Sections l02 and l06
| of said act, approved by majority vote Of the
| qualified electors of said city at a special
| election held in said city on the 25th day of
March, 1909 Said bonds shall be known as