Imperial Valley press., 1916-08-15
C.. 3. FOLSOM
MODERN SANITARY
PLUMBING
Estimates Furnished
] Centre. Cal. Phone n
NOTICE OF SALE OF BONDS
Ell CENTRIC SCHOOL DISTRICT

Ell CENTRIC SCHOOL DISTRICT.
Notice is hereby given that sealed
proposals will be received up to 9
o'clock p. m., September 5, 1916, by
the Board of Supervisors of the Coun-
ty of Imperial, State of California, for
the purchase of the bonds of the Ell
Centre School District. in the sum of
twelve thousand ($12,O0O.OO) dollars,
voted by said Ell Centro school district
at an election held on the goth day of
July, 1916.
Each of said bonds will be dated
August 8, 1916, and shall bear inter-
est at the rate of five and one-half
(5R) per cent per annum, payable
semi-annually; both interest and prin-
clpal to be payable in lawful money of
the United States, at the Treasury of
the County of Imperial.
Said bonds will be twenty-four (24)
in number, of the denomination of five
hundred ($5OO.0O) dollars, each pay
able as follows:
Bond No. 1, for five hundred dol
lars ($500.0O) to run IA years.
Bond No. 2, for five hundred dol
lars ($500.00) to run IA years.
Bond No. 3, for five hundred dol
lars ($500,0O) to run Is years.
Bond No. A, for five hundred dol
lars ($50O.OO) to run Is years.
Bond No. 5, for five hundred dol
lars ($500.00) to run 16 years.
Bond No. 6, for five hundred dol
lars ($50O.OO) to run 16 years.
Bond No. IT, for five hundred dol
lars (S5OO.OO) to run II years.
Bond No. 8, for five hundred dol
lars ($500.00) to run II years.
Bond No. 9 for five hundred dol
lars (S500.OO) to run 1S years.
Bond No. 10, for five hundred dol
lars ($500.00) to run 18 years.
Bond No. II, for five hundred dol
lars ($50O.OO) to run 10 years.
Rond No. II, for five hundred dol
lars ($5OO.0O) to run 10 years.
Bond No. 13, for five hundred dol
lars ($500.00) to run 20 years.
Bond No. IA, for five hundred dol
lars ($500.00) to run 20 years.
Bond No. Is, for five hundred dol
lars ($500.0O) to run 21 years.
Bond No. 16, for five hundred dol
lars ($50O.0O) to run 21 years.
Bond No: II, for five hundred dol
lars ($500.00) to run % years.
Bond NO: IL. for five hundred dol
lars ($500.0O) to run 22 years.
Bond No: 19, for five hundred dol
lars ($5OO.OO) to run 23 years.
Bond No. 20, for five hundred dol
lars ($5OO.OO) to run % years.
Bond No. Fl, for five hundred dol
lars ($5OO.OO) to run "a years.
Bond No. %, for five hundred dol
L., /OE00 O0\ -
Bond No. %, for five hundred dol
lars ($50O.00) to run % years.
Bond No. "a, for five hundred dol
lars ($500.0O) to run 25 years.
The bonds herein referred to were
voted for the purpose of raising mon
ey for purchasing school lots, making
alterations or additions to any school
building or buildings. for supplying
school buildings with furniture or
necessary apparatus. for improving
school grounds, for liquidating any in
debtedness already incurred for said
purposes or refunding any valid out
standing Indebtedness of such district
evidenced by bonds or warrants there
of.
The Ell Centro School District has
been receiving state and county school
funds, hiring teachers, maintaining
school and otherwise acting as a school
district under the laws of this state
continuously since prior to the for
nation of Imperial County in 1907.
The valuation of the taxable prop
erty within the.El Centre School Dis
trict as shown by the 1915-16 equal
lied assessment book Of said County
of Imperial. California, was 1929
500. 90, and the amount of outstanding
bonded indebtedness of said school dis
trjct is $115.000.00.
Each bidder must state that the
bidder offers par and accrued interest
to date of delivery of bonds, and state
separately, in words and figures, the
premium, if any, offered for the bonds
bid for. A certified or cashiers check
in the sum of five 60 per cent of the
amount bid, payable to the Chairman
of the Board of Supervisors, must ac-
company each bid, as guarantee that
the bidder, if successful, will accept
and paw for said bonds in accordance
with the terms of his bid. and said
check shall remain in, the hands of
said Board until all of said bonds are
paid for.
The Board reserves the right to re-
iect any and all bids.
By order of the Board of Supervjs-
ors of the County of Imperial. State
of California, made August g. 1916.
M. S. COOK,
Clerk of the Board of Supervisors.
Aup24