The Mount Holly news. [volume] (Mount Holly, Burlington Co., N.J.) 1891-1942, 1917-03-27
Proposals for County Bonds
Burlington County, N. ].
$40, 900
County tuberculosis Hospital
$4,000 Bridge Bonds

Sealed proposals will be received by the
nnance com mittee OF the Board Of Chosen
FIeeholders of the county OF Burlington,
New Jersey, on Saturday. the 2ist day Of
April, 1917, at 10 80 q. m. at the court house,
at Mount Holly, In the county Of Burling
ton, New Jersey, for the purchase of bonds
for the erection OF o county tuberculosis
hospital for the care and treatment OF per-
sons suffering from the disease known as
tuberculosis, In an aggregate amount not
exceeding $4,000. An issue of &20,000 Of such
bonds has been authorized, of which $1,000
Of bonds will mature on the first day OF
February in each OF the years 1918 to 1888,
both inclusive, but no more bonds OF the
issue will be sold than will produce q sum
equal to the authorized amount OF the issue
and an additional sum OF less than $1,000
and II all are not sold the bonds sold will be
those OF the earlier maturities. The bonds
Will be OF the denomination OF $500 each,
Will be dated February !. 1917, and will bear
interest at the rate of four and one-half per
semi.annually on the first days Of August
and February In each year.
Proposals will also be received at the
same time tor the purchase OF bridge bonds
IN an aggregate amount not exceeding
$4,000. An issue Of 1000 of such bonds has
been authorized, OF which $1,000 of bonds
viii mature on the first day of February In
each OF the years 1919 to 1882, both inclusive,
but no more bonds OF the issue win be sold
than win produce sum equal to the au-
thorized amount of the issue and an adj
ditional sum OF not less than 81 900 and If all
are not sold the bonds sold will be those OF
the earlier maturities. The bonds willibear
the denomination Of $500 each, and win be
dated February !, 1917, and will bear interest
t4H per cent? per annum, payable semi
annually on the first days of August and
February in each year.
National Bank, Mount Holly, New Jersey,
and the principal at the County Collectors
office, Burlington county, New Jersey, and
coupon bonds may be converted into regis
tered e. the option OF the holder. The sums
OF $4,000 and $4,000 respectively are re-
CURED TO be obtained by the sale of the
Aforesaid bonds Unless all bids are reject
ed, the bonds will be sold to the bidder or
bidders complying. with the terms OF sale
offering TO pay not less than said sums and
TO take therefor the least amount Of bonds
Stated In a multiple of 81 000) com mencing
with the first maturity, and If two or more
such bonds, then to the bidder or bidders
Offering to pay therefor the highest addit-
ional price (such additional sum being less
than $isOOOl In addition to the price bid,
the 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
Ereeholders. Court House, Mount Holly,
New Jersey, and enclosed in sealed en-
velope marked on the outside proposals
for County Tuberculosis Hospital Bonds"
and proposals for Bridge Bonds" respect
lively. Bidders must at the time Of making
their bids deposit q certified check for two
per cent. Of the face amount OF the bonds
bid for, drawn to the order of the Board OF
Chosen Freeh0lders of the County of Bur-
l1ngton upon an Incorporated bank or
trust 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
the check OF q successful bidder. The bonds
Will be 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.
BY order OF the Board of Che sen Free
holders OF the County OF Burlington, New
Jersey.
e. w. ESHAM,
Chairman Finance Committee.
JAMES MERCER DAVIS, Solicitor.
30l Market St., Camden, N. J.