The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-06-24
LEGAL NOTICES.

(&25D. 000) dollars Of serial coupon bonds
IN the denomination Of $1,000 each au-
thorized by chapter 429 Of the private
acts Of the general assembly Of the
state Of Tennessee for the year 1918,
and further pursuant to an order passed
BY the hoard Of education at its regular
meeting Monday. June 9, 1913.
The interest rate will 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 our
chaser. who must state in his bid where
the delivery shall be made. Said bonds
shall be dated July /, 1918, and shall
mature as follows, without option Of
prior redemption:
Nos, / 70 Is, both inclusive, SIS, 900.
July /, 1925.
Nos. Is to 80, both inclusive. SIS, 900,
July 1, 1895.
Nos. 81 to As, both inclusive, $3.50 900,
July l, 1927.
Nos. 46 to so, both inclusive. SIS. 900.
| July 1, 1928.
Nos. 81 to 70, both inclusive, $4,000,
July /, 1929.
Nos. IS to 80. both inclusive, SIS, 900,
July /, 1880.
Nos. 81 to los. both inclusive, $751; 900,
July 1, 1881.
Nos. LOG to 120, both inclusive, SIS, 900,
July 1, 1882.
Nos. 121 to 1876, both inclusive, SIS. 900.
July 1, 1888.
Nos. 1876 to 80, both inclusive. SIS, 900,
July /. 1884.
Nos. 151 to 165, both inclusive, SIS, 900,
July /, 1895.
Nos. 166 to 1870, both inclusive, SIS, 900.
July l. 1885.
Nos. 1st to 1876. both inclusive SIS, 900,
July !, 1887.
Nos. 1876 to 30, both inclusive, $4,000,
July |, 1888.
Nos; 2ll to 225, Dotn inclusive, $4,000,
July I, 1899.
Nos. 226 to $40, both inclusive, SIS, 900,
July l, 1910.
Nos. 24l to $50, both inclusive, $40, 900,
July /, 1874.
The bonds will be registered as to
principal only at the option Of the
holder, interest payable ~semiannually
July l and Jan. l. both principal and
interest payable in lawful money oi
the United States of America in New
option Of the holder.
No bid will be entertained which
names a price of less than par and &C
crued interest to date Of delivery free
of charge, charges for fees, brokerage
or other fees not enumerated in the act
| am OTullftilGG.
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, 900
dollars, payable to the board Of educa.
ton, as a n unqualified guarantee o.
good faith on the part of the bidder.
The check of the successful biddel
shall be retained by the board Of edu,
cation as and for %liquidated damage:
for failure of such bidder to accept anC
pay for the bonds. Checks will be re.
turned to unsuccessful bidders immedi
ately after awarding Of bonds. TIL,
check Of the successful bidder will b.
returned Immediately after the delivery
Of the bonds and will not be received
in part payment for same. 4
Said bonds will be sold by sealed
bids only publicly opened at time anC
place above noted.
The legality OF these bonds when solt
and delivered pursuant to the terms o
the above mentioned resolution will b,
approved by Mr.. John C. Thomson
attorney, of New York city, a copy 0
whose approving opinion will be fur
nished to the successful bidder. Fo
further Information apply to the under
signed.
This, the 10th day of June, 1919.
G.. ". GARNER,
Secretary Board Of Education, Memphi
City Schools, Memphis. Tenn.