The Grangeville globe. [volume] (Grangeville, Idaho) 1907-1922, 1918-05-16
PUBLIC NOTICE OF BOND SALE.

INO4lOE vi DVktO O<hh<AAs
Public notice Is hereby given that
the Highway board Of Whitebird High
way District, In Idaho County, State
of Idaho intends to issue and nego-
tiate the following specified coupon
bonds of said district, to-wit, one ser
les of the aggregate amount OF 3d.
10000 to bear date July /, 1917, and
another series Of the aggregate amount
Of 81, 10000 to bear date March /,
1918, each of said series respectively
to be issued for the purpose OF con-
structing and improving and repairing
highways in said Whitebird Highway
district, and in particular to construct
and improve that certain highway
within said district to be known as the
State Highway, and also for the pur-
pose of purchasing material and ma
chinery and defraying necessary ex-
penses 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 1, 1917 to be issued
for the purpose Of construction, i'm
proving 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 Whitebird creek, and al
so for the purpose Of purchasing ma
terial and machinery and defraying
necessary expenses of the district in
connection Herewith; the bonds Of
each series to be redeemable at the
option of the district in ten years
from date of issue, and to become alb
solutely due and payable twenty years
after date, and to bear interest at a
rate not to exceed six percent per
annum, interest payable January and
July each year, said bonds principal
and interest being payable at the Of
fee of the Treasurer Of said Highway
district. The bonds of the series Of
SIS, 100000 shall be 80 in number Of
the denomination Of $500 each; the
bonds of the series Of $500 shall be
Is in number Of the denomination OF
$500 each and the bonds of the series
of $4,000 (of which only $500 is to
be sold at this time and the whole
series Of $4,000 may be bid for, the
balance to be issued at pleasure of
district) shall be 20 in number Of the
denomination Of $500 each. The High
way Board invites bidders for said
bonds. and all bids shah be sent to the
Secretary of said district, Ed. @. Smith
at Whitebird, Idaho, ON or before 1
o'clock p. m. on Saturday the 18th
day Of May, 1918.
All bids shall be accompanied by
certified check in the sum Of $500 for
each series bid for { and each series
may be bid for separately, said checks
to be payable to said Highway dis
trict as evidence Of good faith and
that the successful bidder viii 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 aforesaid, said
check to be forfeited to said Highway
district as its liquidated damages.
The law provides that any and ali
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. @. SMITH,
Secretary of Highway Board
Of Whitebird Highway Dis
24-3t trict.