The Oakley herald. [volume] (Oakley, Idaho) 1908-1961, 1912-12-20
Notice of Municipal Coupon
Bond Issue and Sale by the
Village of Oakley, Idaho.

Public notice Is hereby given
that tht Village of Oakley, III the
county ot Cassia, state of Idaho,
intends to issue and negotia tt
the municipal coupon bonds of
said village, in the aggrega te
amount OF $4,000 to provide for
the grading OF streets, and i'll the
aggregate amount OF 81 900, to
provide for the construction of a
bridge across Goose Greek, at q
point within the corporate limits
of said village. .. So
Said bonds will, be issued in
conformity with the provisions
Of ordinance No. 81 of said Viii
age, adopted and approved the
nineteenth day of November A d
1912. and subject to the approx
al OF the qualified electors Of said
village, voting upon thequestions
at an election to be held in con-
tormity with said ordinance. If
the issue said bonds be APPROX
ed by the elecl DIS aforesaid, said
bonds will bear date January 1st
1918. will be redeemable at the
option Of the village at any time
after the expiration OF ten years
from date thereof, and will be
absolutely due and payable jan
uarv 1st 1888. Bonds issued to
provide for the grading ofstreets
will consist OF sixteen bonds in
the denomination of $500 each,
Numbered consecutivelv from one
to sixteen both inclusive. Bonds
issued to provide for the con
struction OF bridge across
Goose Creek at a point within
the corporate limits of said will
age will consist of two bonds, in
the denomination of $500 each,
numbered II &1S. The prircip-
al and interest OF said bonds will
be payable at the office Of the
Village Ire asurer, or at the bank
ing house of kountze Brothers in
the city and state of New York,
at the option OF the holder. Said
bonds will bear interest at the
rate OF six per cent per annum,
payable semi-annually on the
first day of January and the first
day OF July III each year,
The board of Trustees OF said
Village of Oakley, will up to
Tuesday, the seventh day of Jan
uary 1918, at the hour o. eight
O'Clock pm. at the Office of the
Village clerk, receive sealed bids
for said bonds and invite bidders
for said bonds. Said bonds will
BE TFady for delivery on the days
of their date, wit: the first dav
OF January 1913, and before any
bids will be considered bidders
must first satisfy the said board
of trustees OF their ability to take
up and pay for said bonds on the
said day of their date, to-wit:-
January /, 1913. All bids must
be accompanied by an uncondit-
iOnal certified check for ten per
cent of the amount bid, to be for
teited in case bidders shall refuse
to pay for said bonds on or be-
fore the twentieth day of Janu-
AIRY 1918.
The Village reserves the right
to reject any and all bids.
After ascertalning the best
terms upon. and lowest interest
upon which such bonds will be
negotiated, the bonds will be sold
for cash and for not less than their
face or par value and accrued in
terest at the time OF disposal by
the Village Treasurer under the
general supervision of the village
board of trustees.
THE BOARD OF TRUSTEES OF THE
VILLAGE OF OAKLEY, IDAHO
BY JOHN o. LOWE,
Chairman
Attest: {. g, LARSON,
Village Clerk
ID. p. THOMAS,
JOHN A. ELLISON,
E. p. OLDHAM,
John MCMURRAY,
Members of Board.