The Grangeville globe. [volume] (Grangeville, Idaho) 1907-1922, 1918-03-07
PUBLIC NOTICE OF BOND SALE

Public notice is hereby given that
the Highway Board of White Bird
Highway District, in Idaho County,
State of Idaho, intends to issue and
negotiate the following specified cou-
pom bonds of said district, towit, one
series of the aggregate amount OF $15,-
10000 to bear date July 1, 1917, and
another series of the aggregate amount
of $7,500.00 to bear date March 1,
1918, each of said series respectively
to be issued for the purpose of con-
structing and improving and repairing
highways in said White Bird High
way District, and in particular to con-
struct and improve that certain high
way within said district to be known
as the State Highway, and also for
the purpose of purchasing material
and machinery and defraying ne
cessary expenses of the district in
connection Herewith, and also bonds
to the amount of $2500.00 of, another
series of the aggregate amount of
100000 to bear date July /, 1917,
and to be issued for the purpose of
constructing, improving and repairing
highways in said highway district and
in particular therefor to construct a
wagon bridge across the Salmon River
at or near the mouth of White Bird
Creek, and also for the purpose of
purchasing material and machinery
and defraying necessary expenses Of
the district in connection herewith !;
the 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 a rate not to exceed six per-
cent per annum, interest payable Janu-
airy 1 and July 1 each year, said bonds
principal and interest being payable
at the office of the Treasurer Of said
Highway District. The bonds of the
series of $15,000.00 shall be 80 in num-
Der of the denomination of $4,000
each; the bonds of the series Of
$7,500.00 shall be Is in number of the
denomination of $4,000 each; and the
bonds of the series of 100000 (of
which only $2,500.00 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 or said District,
Ed. @. Smith, at White Bird, Idaho.
on or DeIore O'Clock p. m. on Monday
the first day of April, 1913. 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 (and
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
4 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 liquidated
! damages
The law provides that any and all
bids may be rejected and that in nc
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. 1873