The Mount Holly news. [volume] (Mount Holly, Burlington Co., N.J.) 1891-1942, 1917-04-03
Proposals for County Bonds
Burlington County, N. ].
SIC, 900
County tuberculosis Hospital
$i4,O00 Bridge Bonds

sealed proposals. viii be received BY the
1nsnce committee Of the Board OF Chosen
Efeehoiders Of the county OF Burlington.
a prii. 1917, - 10 50 !. M, at the court house.
- Mount Holly In the county OF BuTliRg-
ton, New Jersey, for the purchase of bonds
hospital for the care and treatment or per-
sons suffering nom the disease known as
fubercuioslg, in an aggregate amount not
bonds has been auihorizsd. or which $1,000
OF bonds will mature on the hrsf day Of
February In each Of the years 1919 to 1883,
5Ss & &c e eSs sn 70 vii so 6oc q sae
equal to the authorized amount OF the issue
and IN additional sum OF less than $1,000
and II ell are not sold the bonds sold will be
those Of the earlier maturfties. The bonds
will be Of the denomination OF $500 each,
Will be dated February |. 1917, and Will bear
interest ct the rate OF four and 0ne-half per
81 Re- oS int aga Ct aSs6
and February In each year.
Proposals win also be received at the
same Y. tims ios the purchase Of bridge bonds
$4,000. An issue OF 1900 Of such bonds has
been authorized, Of which 1900 Of bonds
VIII mature on the frst Day Of February In
but no more bonds Of the issue viii be sold
than VIII produce sum equal TO the au-
thorised' amount Of the issue and an ati-
oftfonnl sum OF not less than 81. 900 and II all
are mot sold the bonds sold Will be those Of
She earlier maturities. The bonds win bear
the denomination Of $500 each, and will be
81 Inc rats Of four and ana one-haif per centum
OK per cent? per annum, payable semi
annually on the nrst days Of August and
February ia each year.
The Interest shall Be payable at the Union
National Bank, Mount Holly, New Jersey
and the principal ~ the County Collectors
ONCE, Burlington county, New Jersey. and
coupon bonds may be converted into regis
tered ct the option of the holder. The sums
O. tMeW and $4,000 respectively are re-
aforesaid bonds. Unless all bids are reject
3D. the bonds will be sold to the bidder or
bidders complying with the terms OF sale
offer1uG to pay not less than said sums and
10 take therefor the least amount Of bonds
stated In . multiple OF 81 ,00O commencing
with the first maturity, and n two or more
such bonds, then to the bidder or bidders
oner1uK 20 pay therefor the highest addit-
1onEi price (such additional sum being less
than M,oo0l In addition TO the price bid,
xne purchaser must pay accrued interest
nom the date Of the bonds to the date Of
The right is reserved to reject all bids and
any bid not complying with the provisions
OF this notice Will be rejected
proposals should be addressed to the FL
nance COMMITTEES Of the Board Of Chosen
New Jersey, and enclosed in sealed en-
yelope marked on the outside proposals
IQf county Tubereulosle Hospital Bonds, =
and proposals for Bridge Bonds respect
lyely- bidders must at the time Of ma king
their bids deposit certified check for two
per cent. or the face amount OF the bonds
bid for drawn to the order of the Board OF
Chosen Freeholders OF the County OF Bur
nngton upon an Incorporated bank or
trust company, TO secure said Board nom
any loss rom the failure Of the bidder to
comply with tho terms OF bis bid.
Checks Of unsuccessful bioders will be re-
turned Tpon the award OF the bonds. No
interest Will be allowed on the amount Of
The check Of successful bidder. The bonds
VIII 20 prepared under the supervision OF
the Union National Bank, Mount Holly, n
J. which Will certify as to the genuineness
Of The signatures OF the officials and the
seal impressed thereon.
holders OF the County Of Burlington. New
Jersey.
E. W. EsHAM,
Chairman Finance Committee
JAMES MERCER DAVIS Solicitor.
0l Market st., Camden, N. !.