The Mount Holly news. [volume] (Mount Holly, Burlington Co., N.J.) 1891-1942, 1917-04-17
Proposals for County Bonds
Burlington County, N. J.
$40, 900
lrnnIsaAx.
$4,000 Bridge Bonds

sealed proposals win be received by the
nnance COMMITTEES OF the Board OF Chosen
ss. Ne ss Of the county Of Burlington.
ceM Jersey, on Saturday, the 2ist day OF
April. 1917, 1T 10 80 q. m, al the court ho1se.
~ Aount Holly, In the county OF BurIin 3.
On new Jersey, for the purchase Of bonds
hospital for the care and Treatment OF oers
soma suffering nom the disease known al
s1csrcnIosis. In an aggregate amount not
bonds has been authorized, Of which $1,000
% ponds VIII mature on the first day OF
Fenruary In each OF the years 1919 to 1888,
issue Win be sold than viii prod1ce q ~ sum nm
equal to the authorised amount OF the Issue
and an additional sum of less than 81 900
AZ nno II 81 are not sold the bonds sold will be
those OF the earlier maturities. The bonds
VIII pc Of the denomination OF $500 each,
WI pc dated FEBRUARY !. 1917, and will bear
interest e. the rate OF four and one-hah per
ssmi:annualiy on the fIrst days Of p AHs sD
and February in each year.
rroposAss VIII also be received at the
same time tor the purchase OF bridge bonds
In an aggregate amount mon exceeding
$4,000. An issue OF $4,000 OF such bonds has
been authorized, Of which sl,O00 OF bonds
each OF the years 1919 to 1882, both Inclusive.
put no more bonds Of the Issue will be sold
tnan Will produce sum equal to the au-
oitional sum of not less than 81 900 and If an
are not sold the bonds sold will be those Of
tne Garner maturities. The bonds will bear
dated February /, 1917, and will bear Interest
- the rate OF four and one-half per centum
~ per cent? per annum, payable semi
annually on the irst days OF August and
The interest shall be payable at the Union
Nationai Bank, Mount Holly, New Jersey,
nnd the principal ct the County Collectors
may be registered or coupon, or both, and
coupon bonds may be converted into regis
tered Ct the option Of the holder. The sums
OF sAhMW ana $4,000 respectively are re-
qr1red to be obtained by the sale of the
Aforesaid bonds. Unless all bids are reject
81 the bonds viii be sold to the bidder or
bidders complying with the terms of sale
offering to pay not less than said sums and
70 take therefor the least amount of bonds
lstated In multiple OF 81 O00) com mencing
bidders offer to take the same amount Of
such bonds, then to the bidder or bidders
onertnR to pay therefor the highest addit-
sonsi price (such additional sum being less
pal ran sl.OO0) In addition to the price bid,
snC purchaser must pay accrued interest
ION tne oste OF the bonds to the date of
The right is reserved to reject all bids ana
&ny Dlo not complying with the provisions
Of this notice win be rejected.
Proposals should be addressed to the FL
rance Com m1ttee Of the Board OF Chosen
Ereenolders, Court House, Mount Holly,
new Jersey, and enclosed In q sealed en-
yeicge marked on the outside proposals
and Proposals for Bridge Bonds,D respect
lveiy Bidders must at the time Of ma king
tneif bids deposit q certified check for two
PSI cent. OF the face amount of the bonds
DIG Tor, drawn to the order of the Board OF
Cnosen Freeholders of the County of Bur-
nngton upon an incorporated bank or
slust company. to secure said Board from
any loss nom the failure of the bidder to
comply with the terms OF his bid.
Checks Of unsuccessful bidders will be re.
turned upon the award of the bonds. No
interest Will be allowed on the amount Of
sne check OF o successful bidder. The bonds
VIII be prepared under the supervision Of
the Union National Bank, Mount Holly, N.
" which Will certify as to the genuineness
@ Inc slgnatures OF the officials and the
seal impressed thereon.
BY order of the Board of Chosen Free
holders OF the County of Burlington, New
Jersey.
e. w. ESHAM,
Chairman Finance Committee
JAMES MKRcER DAVIS, Solicitor.
Oi Market st., Camden, N. j.