The Parma herald. (Parma, Idaho) 1903-1917, 1912-03-28
Notice of Municipal Coupon Bond Is
sue and Sale by the Village of
Parma. Idaho.

sue and Odlc Dy tne village VI
Parma, Idaho.
Public notice is hereby given that
the village Of Parma, in the county of
Canyon, state of Idaho, intends TO
issue and negotiate the municipal
coupon bonds of said village, in the
aggregate amount Of $500, TO provide
for the construction and maintenance
OF necessary water works; in the ag-
gregate amount OF S6500, TO provide
for the laying and construction
of sewers: and in the ag
gregate amount of $4,000, to provide
Tor the construction and laying out
of streets.
Said bonds will be issued in con
.formity with the provisions of ordi-
nance No. AZ Of said village, adopted
aud approved the fourth day of March
A. D. 1912, and subject to the approval
OF the qualified electors OF said vii
lage, voting upon the question, at an
election to be held in conformity with
said ordinance If the issue Of said
bonds be approved by the electors as
aforesaid, said bonds will bear date
March lst, 1912. will be redeemable
at the option OF the village at any
time after the expiration OF ten years
from date thereof, and will be abso-
lutely due and payable March lst,
1882 Bonds issued to provide for the
construction and maintenance of nee
| essary water works, will consist OF
nineteen bonds in the denomination
Of i've hundred dollars each, number
ed consecutively from one to nine
teen. both inclusive Bonds issued to
provide for the laying and construc-
non OF sewers will consist of thirteen
| bonds in a denomination of five hun
| dred dollars each, numbered consec-
utively from twenty to thirty-two
| both inclusive Bonds issued to pro
| vide for the construction and laying
! out OF streets viii consist OF eight
| bonds in the denomination Of five hun
dred dollars EACH numbered iron
thirtySthree to forty, both inclusive
The principal and interest of saie
bonds will be payable at the office o
the village treasurer, or at the Bank
ing House of Kountze Brothers il
the city and state OF New York, a
the option of the holder Said bond
will bear interest at the rate Of 81,
per cent per annum, payable semi-an
nually on the first day OF January an'
irst day OF July in each year.
The board of trustees OF said vii
| lage OF Parma, will UP TO Thursday
the eighteenth day OF April, 1912, a
the hour OF hve O'Clock p m. at III
| Office OF the village clerk, receive seal
ed bids for said bonds and invites bid
| ders for said bonds All bids mus
be accompanied by an uncondtione
certified check for ten per cent OF th
amount bid and bids themselves mus
be unconditional. bidders to take II
J and pay for the bonds within iiftee
days from date OF sale, or check vi
be forfeited.
The village reserves the right
reject any and all bids After ascei
I aiming the best terms upon, and low
I st interest upon which such bond
/ ! will be negotiated, the bonds will
| sold for cash and for not less tha
ieir face or par value and accrue
I interest at the time of disposal by Il
! village treasurer under the gener
4 supervision of the village board 4
: THE BOARD OF TRUSTEES o
I THE VILLAGE or PARM.
3 IDAHO.
I (sEAL)
> Attest:
4 r. L. STOCKTON
Z Village Clerk
y First publication March 9Th, l9l
Z Last publication Marsh 2Sshl i9l