The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-03-19
NOTICE TO BIDDERS,

tlotSE hNlENllp.
Notice Is hereby given that sealed
bids will be received by C. C. Pashhy,
city clerk Of Memphis. at the city hail
In Memphis. Tenn, until 2:30 o'clock
pm. Tuesday, March 25, 1919, for the
following bonds of the city Of Memphis.
Three hundred and seventy five thou
sand dollars ($S76, 000) Of general la
bility serial coupon bonds In the de-
nomination OF one thousand dollars
private acts Of the general assembly
Of the state Of Tennessee for the year
1917, and further pursuant to an ordl-
nance passed final reading Tuesday,
Feb. Z, 1919.
The interest rate will be determined
In the resolution OF sale and will be
four and one-half (Aib), four and three
quarters H%), or five (bl per centum
per annum, rs may be required to pro-
duce n hid Of par,
expense Of the city OF Memphis and
delivery viii he made in Memphis. In
New York city or at the equivalent Of
New York city, at the option Of tho
where the delivery, shall be made,
Said bonds shall be dated Jan. I,
1919. and shall mature as follows, with.
out option Of prior ~redemntion:
Nos, 70 49, both inclusive. $4,000.
Nos e TO 80. both inclusive, s16,O 900.
Jar. I, 1929.
Nos q to A5, both inclusive. SIS, 900,
Nos, % to 60. both inclusive, SIS, 0oe.
Jan, I, 1928.
Nos 81 to 75. both inclusive. SIS, 900.
Jan. I. 1929,
Nos. 76 TO %. both inclusive. SIS, 900,
Jan, |. 1890,
Nos. 81 to 106, both inclusive, SIS. 900.
Jan, I, 1881,
Nos. loo to 100, both inclusive. SIS, 900,
Jen, |. 1882.
Nos, 12l TO 1876. both inclusive, SIS, 900,
Jan. I, 1879.
Nos, 1870 to 100. both inclusive, SIS, 900,
Jan I, 1884.
Nos, 151 TO 1875, both inclusive. SIS, 900,
Jan, I, 1888.
Nos 1876 to 1870. both inclusive, SIS, 900,
Jan, I, 1896,
Nos. 1871 to 1875. both inclusive, SIS, 900,
Jan, |, 1887,
Nos. 1876 TO 210. both inclusive, SIS, 900,
Jan, I. 1888.
Nos. 21t to 225. both inclusive, SIS, 900,
Jan. I, 1899.
Nos. 226 TO $40. both inclusive, sis. 900,
Jan, I, 1910.
Nos. 24t to 255, both inclusive. $50
Jan. 1, 1871.
Nos, 1856 to 27O, both inclusive, SIS, 900,
Jan, I, 1912.
Nos 27t to 2S5, both inclusive, SIS, 900,
Jan. I, 1913.
Nos, 2S6 to 800, both inclusive, $4,000.
Jan, I, 1914.
Nos, 8O1 TO 315. both Inclusive, $i5,oOo
Jan. I. 1945.
Nos. 316 to $50. both inclusive, SIS. OOO
Jan. I. 1916.
Nos. 33t to 345. both inclusive, SIS, 900,
Jan, /, t947,
Nos. S46 to $50. both inclusive. SIS, 900.
Jan. I, 1a4S.
Nos, s6l to S75, both inclusive. SIS, oOo.
The bonds win he registered as to
principal only at the option Of holder.
Interest PAYABLE ~semlannuallv, July I
and Jan. I, Both principal and interest
PAYABLE in lawful money Of the United
states Of America. in Memphis or New
York city, at option Of holder, 49,.
names a price less than par and ac-
crued interest to date OF delivery. free
from all charges for fees, brokerage OF
other conditions not enumerated in the
act and ordinance.
The city Of Memphis reserves the
right to reject any and all bids,
Each bid must be accompanied by
q certified check on some Memphis
bank In the sum Of four thousand dol.
lars $4,000. payable to the order o.
the city Of Memphis, as an unqualified
guarantee OF good faith on. the par
Of the bidder. Tho check OF the sue.
cessful bidder shall be retained by thu
, city as and for l~lquldated damages fol
I, failure of such bidder to accept ant
: turned to unsuccessful bidders imme
! diately after awarding the bonds; tn,
, check of the successful bidder win b,
! returned Immediately after the deliv
( cry Of the bonds. and will not he re
2 ceived in part payment for same.
! Said bonds will be sold by sealed bid
e only, publicly opened at time and plac'
above noted. y
The legality Of these bonds, whel
e sold and delivered pursuant to tn
terms OF the above mentioned ordi
, nance, has been approved by Mr.. job
e Ia Thomson. attorney. of New York
Y "a COPY OF whose approving opinion wi
y be furnished to the successful bidder,
For further information apply to tn
70 undersigned.
y This eth day Of February. 1913
(Signed) +. L. MONTENEGRO.