The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-08-27

pm, Tuesday Sept 8. Ia1s. for the fol-
loving bonds Of the city Of Memphis,
Tenn, viz
one hundred and fifty thousand
GfbG00a.D0) dollars Of general liability
serial coupon bonds In the Denomination
OF M thousand dollars each, authorized
BY chapteT 2s6 OF the private acts Of
the general assembly OF the state Of
Tennessee for the year 1918, and fur-
Their pursuant to an ordinance passed
final reading Tuesday, June II, 1873
The interest rate will be determined
in the resolution of sale and will be
four and three-quarterc W&) or five
90 per centum per ahnum, as may be
required 10 produce a bid Of par.
The bonds win be prepared at the ex-
pense Of the city Of Memphis and deliY-
cry will be made in Memphis, in New
York city or at the equivalent of New
York city, at the option Of the pur-
chaser, who must state in his bid where
the delivery shall be made.
Said bonds will be dated April /, 1918,
and shall mature as follows without op-
ton of prior payment;
April NH'i j. itsssSS. ? 00'n lhelu'iSs' '''oo9'
Nos, I 10 IL, both inclusive. 5000,
Nos. rs to IS, both inclusive. $4,000.
April 1, 1877.
Nos. 10 TO "a, both inclusive, 5000,
April /, 1898.
Nos. % 70 80, both inclusive, $1,000,
April 1, 1929,
Nos. 81 to So, both inclusive, $1,000,
April /. 1880.
Nos. 81 to ~, both inclusive, 5000,
April /, 1881.
Nos. As 10 4s, both inclusive, $4,000.
April /, 1889.
Nos, 40 to "a, both inclusive, $1,000,
April l. 1888.
Nos. IS to so, both inclusive, 5000,
April /, 1884.
Nos, 81 to S.. both inclusive, s. 5000.
April /, 1885. /
Ap MR', j. I iss e % both inclusive 's'o0o'
Nos. ID TO "a. both inclusive, $1,000.
April 1, 1887.
Nos. 70 to 81, both inclusive, g, 1000,
April l, 1888.
Nos. IS to 30. both inclusive, Sc, 900,
Nos. 81 to Sc, both inclusive, $1,000,
April 1. 1870.
Nos. 81 to 102, both inclusive, $ 1000,
April 1, 1941.
Nos. 1903 to 1Os, both inclusive, So, 900,
April /, 1942.
Nos. 100 tc ia, both inclusive, Sc, 900,
April /, 1919.
Nos. lis to 100, both inclusive, Is 1000.
April 1, 1914.
Nos. 12l to 1876, both inclusive, $4,000,
April I, 1916.
Nos. 1877 to 1872, both inclusive, s 6 1000,
April /, 1916.
Nos. i3s to 1913, both inclusive, $4,000,
April 1, 1s47.
Nos. 1879 to IA, both inclusive, $4,000,
April l, ls4S.
Nos. 145 to $50, both inclusive, SO, 900,
April /. 1s49.
The bonds will be registered as to
principal only, at the option of the
holder. Interest payable semlannually,
April and October /: Both principal
and interest payable in lawful money
OF the, United States of America. In
Memphis or in New York city, at the
option of holder.
names a price less than par and &C
cfued interest to date of delivery free
from all charges for fees, brokerage
or other conditions not enumerated In
the act and ordinance.
The city of Memphis reserves the
right to reject any and all bids, (
1t is desired to deliver only the num-
Der of bonds which with the premium
bid win produce the sum Of one hun
dred and fifty thousand ($l50, 900 .00)
dollars. and the bonds withheld from
delivery will be numbered from $50
downward. .
Each bid must be, accompanied by, a
certified check on some Memphis bank
In the sum of one thousand five hun
bred Isl, 500. 00) dollars, payable to the
order Of the city Of Memphis, as an
unqualified guarantee of good faith on
the part Of the bidder. The check OF
the successful bidder shall be retained
by the city as and for l~iduidated dam
ages for failure of such bidder~to ac-
cept and pay for the bonds. Checks will
be returned to unsuccessful bidders Inn
mediately after awarding the bonds:
the check Of the successful bidder will
be returned Immediately after the deliv-
cry OF the bonds, and will not be re-
ceived in part payment for same.
Said bonds will be sold by sealed bids
only, publicly opened at time and place
above noted. =
The legality Of these bonds, when sold
and delivered pursuant to the terms OF
| the above mentioned ordinance, has
been approved by Mr.. John G. Thorn,
son, attorney, Of New York, a copy o.
whose approving opinion will be fur.
nished to the successful bidder.
For further information apply to the
undersigned.
This 18th day OF August, 1918.
(Signed) F. l.. MONTENEGRO,
Attest: G, c. PAsHBY, City Clerk
ARE you In trouble or 40 you wish %
help others In troublef II 70, attend
the noon prayer meeting Of Central
Baptist church, which has been run
every week day since IAN. 10, 1914.
BEN cox, Pastor.
BRING your sewing troubles TO Mrs
r Names, bbS s. Speedway. Suburban.