The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-03-13
NOTICE.
NOTICE TO BIDDERS.
AUDITORIUM AND MARKET

Notice is hereby given that sealed
bids will be received by e. c. Pashby,
city, CLERK, Of Memphis, at the city hail
IN memphis, Tenn., until 2;30 o'clock
following bonds Of the city of Memphis,
Tenn, viz:
Three hundred and seventy five thou
sand dollars ($375, OOo) of general liza
billy serial coupon bonds in the de-
each, authorized by chapter 421 of the
private acts of. the general assembly
OF the state of Tennessee for the veal
1917, and further pursuant to an ordi-
nance passed final reading Tuesday.
The interest rate will be determined
IN the resolution of sale and viii he
four and one-half (4hl, four and three
quarters 4%). or five (5l uer centum
per annum' as may be required to pro-
expense Of the city Of Memphis and
delivery will be made in Memphis. in
New York CITY or at the equivalent Of
New York city at the ootion of the
where the delivery shall he made.
Said bonds shall be dated ian. I
1919. and shall mature as follows, with.
out option Of prior redemntion:
ra NOS, to 49, both inclusive, SIS, 900,
Nos. 1S to 80, both inclusive. SIS, 900.
Nos. 81 to 45, both inclusive, S15, 900,
Jan, l, 1927. T-
Nos. 46 to 60. both inclusive, SIS, DOE.
Nos; g. to 10. both inclusive. SIS, Oo0,
Jan. 1. 1929. ~
Nos; Is to 80, both inclusive, SIS, 900,
Nos. 81 to 105, both inclusive, SIS, 900.
Nos. JOG to 120, both inclusive. SIS, 900.
Jan. l, 1882. ~
Nos, III to 1876, both inclusive, SIS, 900,
Nos. 136 to $50. both inclusive, SIS, 900
Jan. 1, 1894. ~
Nos; Isl to 1855, both inclusive, SIS, 900,
Nos. 166 to $50, both inclusive, SIS, 900,
Jan. /. 1895.
Nos. 18l to 1876, both inclusive, s15, 900.
Jan. l, 1897, ''
Nos; 1875 to 21O, both inclusive, SIS, 900,
Jan. 1. 1888. N-''S'''
Nos. FL to 225, both inclusive. SIS, 900,
Jan. l, 1889.
Nos; 226 to 24o, both inclusive, SIS, 900,
Jan. /, 1910. ~
Nos. 241 to 255, both inclusive, SIC, 900.
Jan. /, 1941.
Nos. 256 to 27O, both inclusive, SIS, 900,
Nos. III to 2S5, both inclusive, SIS. 900,
Nos. 2S6 TO 300. both Inclusive, SIS, 900.
Nos, So1 to S15, botheinclusive, SIS, 900.
Jan. /. 1916.
Noss siS to $50, both inclusive, SIS, Oo0
Jan. /, 1916.
Nos; S3l to S45, both inclusive, SIS, 900
Jan. 1, 1947. ~
Nos; S4S to 800. both inclusive, SIS, 900,
Jan. 1, 194S.
Nos. S61 to S75, both inclusive, SIS, 900,
Jan. I, 1949.
| The bonds will he reoictarad on A.
principal only at the option of holder
Interest payable semIannuallv, ,Julv I
and Jan. l.. 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 thar 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
a certified check on some Memphis
lars ts4,O00l.- payable to the order OF
the city Of Memphis, as an unaualifief
guarantee of good faith on the part
Of the bidder. The check Of the sue.
cessful bidder shall be retained bv the
city as and for liouidated damages 70,
pay for the bonds. Checks will be re
turned to unsuccessful bidders imne.
diately 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 bid,
only, publicly opened at time and place
above noted.
The legality Of these bonds. wher
sold and delivered PURSUANT TO thu
terms Of the above mentioned orai
nance. has been approved by Mr.. Tohr
G. Thomson. attorney. of New York
a copy Of whose approving oninion vii
be Furnished to the successful bidder.
For further information apply to tn,
Undersigned.
This eth day Of February, 1919.
(Signed) F. L. MONTENEGRO
Mayor.