The Mount Holly news. [volume] (Mount Holly, Burlington Co., N.J.) 1891-1942, 1917-03-20
Proposals for County Bonds
Burlington County, N. J.
$4,000
County tuberculosis Hospital
Ga nO0 p~;aoa pJ
$4,000 Bridge Bonds

Sealed proposals will be received by the
finance committee OF the Board OF Chosen
F,eeholders OF the county of Burlington,
New Jersey, on Saturday. the 2st day OF
A pril, 1917, at 10 30 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 county tuberculosis
hospital for the care and treatment OF per-
sons suffering from the disease known as
tuberculosis, In an aggregate amount not
bonds has been authorized, of which $1,000
of bonds will mature on the first day OF
February in each of the years 1919 TO 1898,
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 81 600
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.
VIII be dated February |. 1917, and will bear
interest at the rate of four and one-half per
centum AK per cent? per annum, payable
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
$l4 900. An issue Of $l4,0 900 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 1919 to 1889, both inclusive.
but no more bonds of the issue will be sold
than will 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 maturfties. The bonds wflllbear
the denomination of 500 each, and Will be
dated February !, 1912, and will bear interest
at the rate OF four and one-half per centum
AZ per cent? per annum, payable semi
annually on the first days OF August and
February IN each year.
The interest shall be payable at the Union
National Bank, Mount Holly, New Jersey,
and the principal at the County Collectors
onice, Burlington county, New Jersey, and
may be registered or coupon. or both, and
coupon bonds may be converted into regis
tered at 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
oner1ng to pay not less than said sums and
TO take therefor the least amount OF bonds
Stated In multiple OF 81, 000l com meneing
with the first maturity, and II two or more
~ ban 1asF 20 tnEs sng lame amSnhs o.
offering to pay therefor the highest addit-
iOnal price (such additional sum being less
than Sl,0O0) In addition to the price bid,
from 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 viii be rejected.
Proposals should be addressed to the FL
nance Com mittee of the Board of Chosen
Ereeholders. Court House, Mount Holly,
New Jersey, and enclosed in a sealed en-
velOpe marked on the outside proposals
'or County Tuberculosis Hospital Bonds
and "Proposals for Bridge Bonds respect,
vely. Bidders must at the time Of making
heir bids deposit certified check for two
per cent. Of the face amount OF the bonds
Did for, drawn to the order of the Board OF
chosen FreehOlders of the County OF Bur-
fngton upon an Incorporated bank or
rust company, TO secure said Board from
my loss from the failure OF the bidder to
comply with the terms OF his bid.
Checks of unsuccessful bidders will be re- |
urned upon the award OF the bonds. No |
interest viii be allowed on the amount OF |
he check Of successful bidder. The bonds |
Will be prepared under the supervision OF |
he Union National Bank, Mount Holly, N. /
L. which will certify as to the genuineness |
II the signatures of the officials and the /
cal I'm presEed thereon.
By order of the Board of Chosen Free /
folders Of the County OF Burlington, New
ersey.
e. w. ESHAM,
Chairman Finance Committee.
AMEs MERCER DAVIS, Solicitor.
80l Market st., Camden, N. ].