Rogue River courier. (Grants Pass, Or.) 1886-1927, 1912-04-12
NOTICE OF SALE OF CITY M
PROVEMENT BONDS OF THE
CITY OF GRANTS PASS,
OREGON.

Notice is hereby given that sealed
proposals will be received at the of.
flee of the auditor and police judge
in the city of Grants Pass, Oregon
to and until the hour Of o'clock p
m. an the 10th day of May, 1912, fol
the purchase of street improvement
bonds of said city of Grants Pass
Josephine county, Oregon, in al
Amounting to the sum of s16,147.S5
divided as follows, to-wit:
Fourth street grading and the lay.
ing and construction of concrete
curbs, cutters and sidewalk from the
north line of 'iF' street to the south
line of Evelyn avenue, as provided
for by Ordinances No. 529 and 534
numbered to and including frac-
tional bond number 10, and shall be
issued for the sum of Five Hundred
Dollars each, except said fractional
bond which snail be for the sum OF
$193.10.
Eighth street grading and rolling
from the south line of M street tC
the northerly bank of Rogue river, as
provided by Ordinances No. All and
492, numbered l to and including
fractional bond number 8, and shall
be issued for the sum of Five Hun
dnred Dollars each, except said frac.
tional bond which shall be for the
sum of $2S2.5O.
Seventh street grading and con
Of nj gi
cutters from the south line of NY
street to the bank of Rogue river as
provided by Ordinances No. 470 anC
491, numbered / to and including
fractional bond number 2, and shall
be issued for the sum of Five Hun
dred Dollars each, except said frac
tional bond which shall be for the
sum of $299.S0.
"I' street paving from the cas-
line of Fourth street to the west line
of Eighth street. as provided by Or
dinances No SOC and 500, numbered
/ to and including fractional bono
number 10, and shall be issued fol
the sum of Five Hundred Dollars
each, except said fractional bono
which shall be for the sum o.
$432.45.
Fourth street bonds date from the
st day of October, 1911, and beal
| interest at the rate of six per cen
per annum.
Eighth street bonds date from the
1st day of July, 1911, and bear inter
est at the rate of six per cent pei
annum
Seventh street bonds date from the
1st day of July, 1911, and bear in
terest at the rate of six per cent pei
annum.
81" street bonds date from the Is
day of October, 1911, and bear inter
est at the rate of six per cent PEI
annum.
Interest on all of said bonds II
payable semi-annually. Said bonds
will mature in ten years from theil
respective dates, and are subject to
prepayment option thereon at fac'
value and accrued interest to dat
on any semi-annual coupon interes
period at or after one year from thei
respective dates of being issued
upon giving notice by publication il
newspaper of general circulation
printed and published in JosephIn'
county Oregon. Such notice to b'
published not less than twice durinl
the month preceding such semi-an
nual period at which such prepay
ment thereof will be made. Salt
bonds are authorized by sections
3245 to 1858 inclusive of Lords Ore
gon laws. Said bonds are printed
and furnished by said city. Tit
common council reserves the right Il
reject any and all bids and re-adver
tise. Said bonds are not to be solt
for less than par and accrued inter
est All proposals must be accom-
panied by certified check on som'
responsible banking institution II
the sum OF FIVE per cent Of thu
amount OF the bid, which said sun
shall be forfeited to the said city II
event said bid is accepted and bidde
fails to accept and tender payment
for said bonds within ten days from
the date OF the city's acceptance o
the bid. Bids must be enclosed In
sealed envelope without any distin
guishing marks or writing Thereon
except the following words, to-wit
Bids for Improvement Bonds OF th'
City OF Grants Pass, Oregon" Bid
will be considered on the full amour
of the issue or upon the severa
amounts designated to each improve
ment.
In witness whereof, ! have here
unto set my hand and affixed the cor
porate seal OF the city of Grant
Pass. Josephine county, Oregon, Of
this 4th day OF April, 1912.
! (SEAL) j. n. JOHNSTON,
Auditor and Police Judge OF the
City of Grants Pass, Ore.
nnI'RNE'S RIVAL