The Grangeville globe. [volume] (Grangeville, Idaho) 1907-1922, 1918-03-14
&c NoTrCE OF BOND SALE

pTIRlIIC NOAAGA
Pup p,scbway Board of White Bird
m,sbway District, In Idaho County.
s n Of Idaho, intends to issue and
c@notiate the following specified cou-
nesh bonds of said district, towit, one
pr, as Of the aggregate amount or $780,
s va m 70 bear date July /, 1917, and
Vo ashsr series of the aggregate amount
anos e. 10000 to bear date March /,
o. a,c each of said series respectively
Isip bs issued for the purpose Of con-
w,cting and improving and repairing
.rSways In said White Bird High
nls district, and in particular to con-
wa. ,ct and improve that certain high
SUI within said district to be known
Na' Tho state Highway, and also for
a. nnrpose of purchasing material
tne a machinery and defraying ne
an sorv expenses of the district in
esonnoct,on Herewith, and also bonds
- the amount of $2500.00 of another
lies of the aggregate amount of
go 0O0 90 to bear date July /, 1917,
snd 70 be issued for the purpose of
aaonstructing, improving and repairing
S;gbways In said highway district and
- particular therefor to construct a
...ogon bridge across the Salmon River
~ or near the mouth of White Bird
Crock. and also for the purpose Of
ourchasing material and machinery
md defraying necessary expenses Of
tbe district in connection Herewith !;
tha bonds of each series to be redeem
able at the option of the district in ten
Years from date of issue, and to be-
come absolutely due and payable
twenty years after date, and to bear
interest at rate not to exceed six per-
cent per annum, interest payable Janu-
ary / and July each year, said bonds,
principal and interest being payable
~ the office Of the Treasurer Of said
Highway District The bonds of the
series Of $15,OOO.O0 shall be 80 in num-
her of the denomination of $4,000
each: the bonds of the series Of
S75O0.OO shall be 10 in number of the
denomination of $4,000 each; and the
bonds of the series of 100000 (of
which only $2,50000 is to be sold at
this time) shall be 20 in number of
the denomination of $4,000 each.
The Highway Board invites bidders
for said bonds, and all bids shall be
sent to the Secretary OF said District,
Ed. c. Smith, at White Bird, Idaho,
on or before / o'clock p. II. on Monday
the first day of April, 1918. No con
ditional bids for said bonds will be
considered. All bids shall be accom-
panied by certified check in the sum of
$4,000 for each series bid for land
each series may be bid for separately
said checks to be payable to said
Highway District as evidence Of good
faith and that the successful bidder
will pay for said bonds within thirty
days from the date of acceptance Of
bid, and in case Of failure to pay for
said bonds within thirty days as afore-
said, said check to be forfeited to said
Highway District as its iquidated
damages.
The law provides that any and all
bids may be rejected and that in no
case must such bonds be sold for less
than their face or par value and &C
crued interest at the time of disposal.
The board will cause to be paid to
purchaser at the time of disposal all
past due interest coupons.
ED. G. SMITH,
Secretary of Highway Board of
White Bird Highway District. 15-3t