Idaho County free press. [volume] (Grangeville, Idaho Territory) 1886-current, 1911-07-06
NOTICE OF SALE OF BONDS.

vo,,cs Ia hereby given by the mayor and
ommon council of the city Of Grangevilie.
Ssho county. state of Idaho. that said city OF
ES,snSeyille will issue negotiate and sell its
"nicipal coupon bonds to the amount OF
NJ S9S Is under the authority conferred upon
nh city by the constitution ana general laws
\ The state OF Idaho. and under ana by virtue
,,snseyille, Idaho. passed and approved the
M asv az lime. 1911, providing for the issuance
n municipal coupon bonds in the above
amounts for the purpose of providing funds to
nnd refund purchase and redeem the out
ssnding warrant indebtedness of the said city
n (rangeyile now remaining unpaid, and
inch bonds shall be nineteen In number OF the
len0minaton of One Thousand $4,000 Dollars
kech except the bond numbered nineteen which
mil be OF the denomination OF Three hundred
Fventy-two and 45-IO0 (322.4h) Dollars, all
bayabie and due twenty years alter their date,
but redeemable at the option OF said city at any
lime after the expiration of ten years.
1 These bonds shall bear interest at six per
hent per annum payable semi-annually on the
6nt day OF January and the first day OF July,
81 each year. at the office OF the city treasurer
81 the city of Grangevil!e or at the National
PAIL Bank in the city of New York at the OPP
ZION OF the holder Of said bonds.
None OF said bonds will be sold for less than
their face or par value with accrued interest
n the time of sale, delivery to be made within
Sixty days after the acceptance OF any bid or
bide for said bonds. Said bonds will be sold
Dor legal tender money of the United states
hnd both principal ana interest Will be re-
6eemable in gold coin of the United States of
hts present standard of fineness.
Semi-annual interest coupons will be at
|tached to said bonds covering the interest pro-
|vided therein from the date of issue until paid,
|and such bonds shall be known as municipal
coupon bonds of the city of Grangeville, Idaho.
Bids must be addressed to the mayor and
common council Of the city OF Grangeville,
idaho, and must be accompanied by certi-
Med check in an amount equal to five per cent
10 the amount of bonds bid for such check
10 be drawn payable to the city of Grangeville
|and to have no conditions endorsed thereon.
sealed bids will be received at the office of
the city clerk at Grangevile, Idaho until eight
O'Clock p. m. Monday the oath day Of July,
tsll and the same will be opened by the mayor
|and common council at O'Clock p. m. of said
|day Al the council chamber, in the Court House
In the city of Grangeville in the presence OF all
bidders who desire to be present
An abstract showing the financial condition
|ofthe city OF Grangeville and all Information
|ielative to said bonds may be had upon appli-
cation 70 II. Tay lor, city clerk OF the city OF
|Gfangeville, Idaho.
The city OF Grangeville reserves the right to
reject any and all bids which may be offered
|lor said bonds or any portion thereof and to
make aotmenis to bidders in such amounts as
|may be for the best interest of the city.
Dated june 81, 1871
(Seall W W. Brown. MayOr.
Attest: II Taylor, City Clerk. As