The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-03-05

private acts Of the general assembly
or the state Of Tennessee for the year
lSl', and further pursuant to an ordi,
mance passed final reading Tuesday,
The Interest rate will be determined
N tho resolution Of sale and will be
four and one half t4t4). four and three.
quarters tA). or five (5) per centum
per annum, as may be required to pro
duCe a bid Of par.
Tho bonds will he prepared at the
expense Of the city Of Memphis and
New York city or at the equivalent ni
New York city, AZ the option OF the
purchaser, who must state I'm his hid
whore the delivery shall he made.
said bonds shall be dated Ian. I.
IEiH' and shall mature as follows, with.
out option of prior redemption;
Nos 70 Ii, both inclusive, SIS, 900.
Nos, l6 to so. both inclusive ar nm
Jan. l., 1929. ''''''
Nos. ~ to 20, both inclusive, SIS, 900,
Nos g 10 so, both inclusive, SIS, Oot.
Nos, 81 TO rs, both inclusive. SIS, 600,
Nos; 70 to 90, both inclusive, SIS. 900,
Nos, 81 to lo5, both inclusive. SIS, 900.
49, : . A'NAt
Nos iQG to 100, both inclusive, SIS. 900.
Nos. ~ TO 1873, both inclusive, sl5, 900.
Nos lS6 to $50. both inclusive, t15.O goo.
Jan. |, 1884. '
Nos, 16l to 1855, both inclusive tl5 nm
Jan. I. 1885. ''''''
Nos, 166 TO 1870. both inclusive, SIS. 900,
Jan. I, 1885. F
Nos, lSi TO 1875. both inclusive, 81, 900.
Nos, lgS TO 2lo, both inclusive, $50 900,
Nos, ~ to 1928. both inclusive, Sl5, 900,
Nos. a26 70 2io, both inclusive, $3.50
Jan, I, 1910. ~
Nos, ~ TO 255. both inclusive. SIS. 900.
Jan. |, 1871.
Nos, 2bS to go, both Inclusive, SIS. 900.
Nos, ~ to 9s6. both inclusive, SIS, 900,
Jan. I, 1913. ''''
Nos, 2S6 to 900. both inclusive, $4,000.
Jan, I, 1910
Nos. 2ol to S15. both inclusive, $4,000,
Jan. |. 1915.
Nos. 2l6 TO $40, both inclusive. SIS, 900
Jan, f., 1916,
Nos, SSl TO 5%5, both Inclusive, $4,000.
Jan, /, lsA7.
Nos. Sts to 800, both inclusive, &i6,O 900,
Jan. I, latS,
Nos, $6l to s75, both inclusive. SIS. 900,
Jan, 1, l94q,
The bonds will be registered as to
principal only at the option Of holder
Interest payable s%cmiannually, July /
and Jan. |. Both principal and interest
PAYABLE IN lawful money of the United
York city, at option OF holder,
No bid Will be entertained which
names a price less than par and ac-
crued interest to date ~ 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,
Each bid must be accompanied by
n certified check on some Memphis
bank In the sum Of four thousand dol
lars $4,000, 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 sue
cessfnl bidder shah be retained by the
city as n for ~liuuldated damages for
failure OF such bidder to accept and
pay for the bonds. Checks will no re-
turned TO unsuccessful bidders lmme-
diately after awarding the bonds; the
check Of the successful bidder win be
returned Immediately after the deliv-
cry OF the bonds. and will not he re-
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 M delivered pursuant TO the
terms Of the above mentioned ordt-
nance, has been approved by Mr., John
c. Thomson, attorney, Of New York.
a copy OF whose approving opinion win
be furnished to the successful bidder.
For further information apply to the
UNDERMINED,
This 9th day Of February. 1919.
(Signed) r. l.. MONTENEGRO,
Mayor.
Attest G. c. PAsHBY. city Clerk.