Elko independent. [volume] (Elko, Nev.) 1915-current, 1917-02-16
NOTICE oFfTHE sala OF BONDS

NNSNASo AZ hVASpy given luAI In0
Board Of County Commissioners OF
Elko County, acting az q Town Board
for the Town Of Elko In said County
Of Elko. State Of Nevada. viii sell
on February %, 1917. or as soon there
after as practical. 70 the highest and
best bidder for cash, the negotiable
coupon bonds OF said Town; OF Elko in
amount OF $4,000.
Said bonds shall be known a. Town
OF Eiko Funding Bonds. and win be
issued pursuant to and In accordance
with Resolutions duly and regularly
adopted by the Board OF County Com
missioners OF ElkoL County. Nevada,
acting both as q Board OF County Com.
misstoners and as o, Town Board for
said Town OF Elko,. and In strict com.
pliance with that certain act OF, the
Legislature of the State OF Nevada en-.
titled. An; Act TO authorize the County
Commissioners Of Elko County to
authorize and empower and direct the
Board OF County Commissioners OF
Elko County, Nevada acting as Town
Board for. the Town OF Elko I'm said
County. OF Elko. to issue bonds for the
purpose OF paying Off the outstanding
indebtedness Of said Town Of Elko in
Cured on account OF completing the
sewer system in said Town and on &C
count OF other emergencies" Approved
Jan. "a, 1917.
e Said bonds. shall be OF the demon.
nation OF $1,000 each and shall be
dated March l.. 1917. and numbered
from one 20 fifty. both numbers In.
elusive.
Said bonds shall bear interest at the
rate OF ak" per. centum- per annumI
from the date Of the bonds until paid.
provided that no bond shall boar In.
terest after Its maturity; said Interest
to be payable usemianneally on the
first day OF July and January Of each
year, except that coupon No. / shall
be due and payable on Jan. 1, 1913,
and shall be for $50.
Both the principal and interest OF
said bonds shall be paid in gold coin
Of the United States of America only,
and Of the present standard OF weight
and fineness. and shali DO payable at
the office OF tho county treasurer OF
Eiko County, Nevada, in the Town OF
Elko in said Elko County, Nevada.
Two OF said boada will be redeemed
on July 4. 1919. and two OF said bonds
shall be redeemed annually each year
thereafter until nll OF said bonds shall
have been redeemed; the order Of re.
demptioL TO be in the order Of tho
! number OF the bondsi Bond No. / 10 be
redeemed July 1. lsls. and Bond No.
so TO be' redeemed on. July 1, ls42.
None OF said bonds shall run for over
twenty-six years.
Sealed bids for the purchase of said
bonds will be received by tho Clerk
Of tho Town Board Of Elko until the
hour OF ten O'Clock A. NJ. on the 2sth
day OF February. 1917; said bids win
be opened at the hour of eleven o'ciDck
A. M OF eaid day, and tho bonds sold
as soon thereafter as practical. \
AL bids shall be enclosed in scaled
envelopes and addressed 70 Robert b.
Hunter. Clerk of the Town Board Of
the Town OF tElko. Elko County. Ne.
vada, and shall DO plainly marked,
Sealed Proposal for the Purchase oe|
Town of EXC Funding pcnds."
Each proposal shall DO accompanied
by certified check In an amount not
less than ten per cent OF the amount
bid, said check to be an evidence OF
good faith OF ths bidder, and to be for.
feited to said Town Of Elko, IL said
bidder defaults In his Did, II the bonds
are awsrdsa to him, ana to be return.
led to him without delay IL his bid Ia
l rejected.
The Board reserves The right to re.
jeot any and all bids. and none OF
said bonds shall be sold for less than
par. y
1 BY order OF tho Town Board OF Eiko.
In Elko County. Nevada, this 9th day
OF February. 1917.
tseaD ROBERT, D. HUNTER,
| Clerk of said Board.
L