Perth Amboy evening news., 1918-07-10
S2S9.000
MIDDLESEX COUNTY, N. j.
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INDlNO bONDS
Sealed proposals win be received by
the undersigned at his Office In the
County Record Building in New Bruns-
wick, New Jersey, until 2 o'clock p. M
Thursday. July 25th, 1918. for the pur-
chase of the following Issue of bonds OF
Middlesex County. New Jersey, the
amount of the issue stated being the
maximum amount OF bonds that may
be issued and the mount OF money
which 1T Is desired to raise:
$780, 900 Funding Bonds. issuef to
fund temporary debt incurred in the
reconstruction of roads and bridges
and the purchase of a site for a tuber-
culosis hospital, dated July /. 1918. de-
nomination 81 1000, maturing in numer-
ical order. $4,000 on July 1 Of each
of the years 1920 to 1870. bpth In
! elusive, and SIS 200 on July 1 of each
OF the years 1881 to 1893, both IN
elusive, with interest at four and three
quarters per centum per annum, pay
able semi-annually January l n
July 1.
Said bonds are in coupon form with
privilege. of registration either as to
principal and interest or as to princi-
pal only. Principal and semi-annual
interest are payable at the office OF the
County Collector In New Brunswick;
as to principal and interest, the inter-
est will. at the request of the holder.
be RENTED by mail in New York ex-
change.
me DOndS VIII De engraved unucE tAo
supervision Of the United States Mort
gage e. Trust Company Of New YORK
City, which will certify as to the gen.
ulneness OF the signatures OF the coun-
ty officials and the seal impressed
thereon; and the approving opinion of
Messrs. Caldwell and Masslich of New
York City as to legality will be fur
nished to the purchaser without
charge.
Said issue of bonds will. unless all
bids therefor are rejected. be sold to
the bidder or bidders complying with
the terms of sale and offering to "a
not less than s2S9, 600, and to take
therefor the least amount of bonds
commencing with the first maturity
and stated In a multiple of $1,000; and
II one or more bidders oner to take
the same amount of bonds, then said
bonds will be sold to the bidder or
highest additional price. In addition to
the price bid the purchaser must pay.
accrued interest from the date of the
bonds. to the date OF delivery. h right
is reserved to reject all bids and any
bid not complying with the provisions
hereof will be rejected.
Bids are desired on forms which VIII
be furnished by the County, and each
bid must be accompanied by n certified
check on an Incorporated bank or trust
company, payable to the order of the
County Collector Of the county 81
Middlesex. for two per centum of the
par Naiue OF tho Dohus ~ iot
cure the County against any loss re-
sulting from the failure of the bidder
to comply with the terms of his bid.
The bonds will be delivered to the
successful bidder nj @e office Of the
United States Mortgage.& Trust Com
pany. No. IS Cedar Street. New York
city. on the LIST day OF August. 1918,
at IL o'clock a. m, or as soon there
after as bonds can be prepared.
BY order of the Board OF Chosen
F'reeholders OF Middlssex County. New
Jersey.
EDWARD BURT,
County Collector.
Dated New Brunswick. New Jersey,
July 3. 1918.
Passed by the Capital Issues Com
mittee as not incompatible with the
national interest. but without APP
prevail OF legality, validity. worth or
security. Opinion No. AS04.
20lS7-7-l0-It