The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-06-27
LEGAL NOTICES.
NOTICE.
MEMPHIS SCHOOL N
SALE.

Notice Is hereby given that sealed
bids will be received by the secretary
Of the board Of education Of the Mem
phis city schools at his office In the
Goodwin Institute building, Memphis,
Tenn, at II o'clock noon Tuesday, July
]. 1919, fo- the following Of the
Memphis city schools. viz:
Two hundred and fifty thousand
$3.50, 000) dollars of serial coupon bonds
In the denomination Of $1.00O each au-
thorized by chapter 429 of the private
acts Of the general assembly of the
state Of Tennessee for the year 1919,
and further pursuant to an order passed
by the board Of education at its regular
meeting Monday, u n 9, 1919.
The interest rate viii be determined
in, the resolution of sale and will be
AZ or 5 per centum per annum, as may
be required to provide a bid at par
The bonds will be prepared at the ex-
pense Of the board of education and
delivery will be made in Memphis, New
York city, or at the equivalent Of New
York city at the option of the pur-
chaser, who must scste in his bid where
the delivery shall be made. Said bonds
shall be dated July l, 1919, and shall
mature as follows, without option Of
prior redemption:
july Eof i. isssS3. To- both inclusive 'i''0o0'
Nos. 16 10 30, both inclusive, $15,O 900.
July 1, 1896.
Nos. 81 to IS. both inclusive, SIS. 600,
July /, 1927.
Nos. 46 to 60, both inclusive, SIS, 900.
July 1, 1928.
Nos. 81 to rs, both Inclusive. $4,000.
July 1, 1929.
Nos. rs to 90, both inclusive. SIS. 900.
july l, 1880.
Nos. 81 to los, both inclusive. SIS, 900,
July 1, 1881.
Nos. LOG to 100, both inclusive, SIS, coo,
July l, 1885,.
Nos. 121 to 1876, both inclusive, SIS, 900,
July 1. 1888.
Nos. 1876 to $50, both inclusive, S15,O 900.
July /, 1884.
Nos. 151 to 165, both inclusive, SIS, 900,
july /, 1885,
Nos. 1865 to $50, both inclusive, SIS, 900,
July /, 1886.
Nos. 1871 TO 1876, both inclusive SIS 900,
July /, 1887.
Nos. 1896 to 21O, both inclusive. SIS, 900,
July l, 1898.
Nos. 211 to 225, botn inclusive. SIS, 900,
july 1, 1889.
Nos. 226 20 240, both inclusive, SIS, 900,
July 1, 1910.
Nos. 241 to $50, both inclusive, $40, 900,
July /, 1871.
The borys will be registered AS to
principal only at the option of the
holder, interest payable ~semiannually
July / and Jan. !, both principal and
interest payable in lawful money oi
the United States of America in New
York city or in Memphis, Tenn, at the
option Of the holder.
No bid will be entertained which
names a price Of less than par and ac-
crued interest to date of delivery free
of charge, charges for fees, brokerage
or other fees not enumerated in the act
and ordinance.
The board of education reserves the
right to reject any and all bids.
Each bid must be accompanied by
certified check On some Memphis bank
In the sum of four thousand S4,0c0)
dollars, payable to the board Of educa-
ton, as an unqualified guarantee Of
good faith on the part of the bidder.
The check of the successful bidder
shall be retained by the hoard Of edu-
cation as and for Inundated damag es
for failure of such bidder to accept AND
pay for the bonds. Checks VIII be re-
turned to Unsuccessful bidders immedi
ately after awarding of bonds. Tht
check of the successful bidder will be
returned Immediately after the delivery
Of the bonds and will not be received
In part SpaYrnent for same,
Said bonds will be sold by sealed
bids only publicly opened at time an6
place above noted.
The legality Of these bonds when SOLD
and delivered pursuant to the terms o.
the above mentioned resolution will bt
approved by Mr.. John G.. Thomson
attorney, of New York city. n cop o.
whose approving opinion will be fur,
nished to the successful bidder. Fol
further information apply to the under
signed,
This, the 10th day of June. 1919.
G. W. GARNER,
Secretary Board Of Education. Memphis