The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-03-08
.DATLY HOME HELPS
NOTICE TO BIDDERS
AUDITORIUM AND MARKET
HOITgF RONnG

49, @AaAAkEkA4
HOUSE BONDS.
Notice Is hereby given that sealed
bids VIII be received by c, G. Pashby,
city clerk Of Memphis, at the city hall
pm. Tuesday, March rs, 1918, for the
following bonds Of the city Of Memphis,
Three hundred and seventy4rvs thou-
sand dollars 8S75,OOO) Of general la
nomination Of one thousand dollars
each, authorized by chapter 42i Of the
private acts Of the general assembly
Of the state Of Tennessee for the year
1917, and further pursuant to an ordi-
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 (414l, fovr and three
per annum, as may be required to pro-
duee a bid of par.
The bonds win be prepared at the
expense of the city of Memphis and
New York city or at the equivalent Of
New York city, at the option Of the
purchaser, who must state in his bid
where the delivery shall be made.
Said bonds shall be dated Jan. 1,
out option Of prior redemption:
1a NOS i, ISIS. 10 both Inclusive 'l5'ooo'
Nos IL to 80 both Inclusive, $4,000.
Nos. 81 to 45, both inclusive, SIS, 900.
Jan. l. 1927.
Nos, g to 50, both inclusive. SIS, oOe.
Jan. 1, 1928.
Nos, g. to rs. both inclusive. SIS, 900,
Jan. l. 1929.
Nos, Is to 80, both inclusive, SIS, 900,
Jan. 1, 1880.
Nos, 81 to los, both inclusive, SIS, 900,
Jan. 1. 1881.
Nos. 1O6 to 12O, both inclusive, $15,o 900,
Jan. /, 1882.
Nos. 121 to 1876, both inclusive, SIS, 900,
Jan. 1, 1888.
Nos. 1856 to $50, both inclusive, SIS, 900.
Jan. /, 1884.
Nos. 151 to 1855, both inclusive, $50
Jan. 1, 1885.
Nos. 1875 to 1870, both inclusive, SIS, 900,
Jan. /. 1885.
Nos. 1s1 to 1876, both inclusive. SIS, OOO,
Jan. !, 1887.
Nos. 1876 to 21O, both inclusive, SIS, 900,
Jan. ]. 1888.
Nos. I'll to 225, both inclusive, SIS, 900,
Jan. L. 1899.
Nos. 226 to $40, both inclusive, SIS, 900,
Jan. 1, 1910.
Nos, 241 to 255, both inclusive, SIS, 900,
Jan. 1, 1871.
Nos. 256 to 27O, both inclusive, SIS, 900,
Nos, 271 to 2S5, both inclusive, SIS 900.
Jan. 1, 1913.
Nos. 1856 to 300, both inclusive, SIS, 900,
Jan. 1, 1914.
Nos. 3O1 to S15, both inclusive, SIS, 900,
Jan. 1. 1945.
Nos. S16 to $50. both inclusive. SIS. 900
Jan. 1, 1916.
Nos. 331 to 845, both inclusive, SIS, 900,
Jan. /, 1947.
Nos. 346 to $780, both inclusive, SIS, 900,
Nos ss1 to BIS, both inclusive. SIS. OOa.
The bonds will be registered as to
principal only at the option of holder.
Interest payable semiannually, July I
and Jan. l, Both principal and interest
gayable 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 &C
crued interest to date of 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
/ 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
I city as and for liouidated damages fol
failure of such bidder to accept and
pay for the bonds. Checks. will be re
turned to unsuccessful bidders imme'
3 diately after awarding the bonds; Tho
. check of the successful bidder will b.
. returned Immediately after the dehv'
cry OF the bonds, and will not be re.
= ceived in part payment for same
3 Said bonds will be sold by sealed bid
only, publicly opened at time and plac'
: above noted,
: The legality Of these bonds, whel
sold and delivered pursuant to tn
: terms of the above mentioned ordi
nance, has been approved by Mr.. Johi
c. Thomson. attorney. of New York
la copy Of whose approving opinion viii
e be furnished to the successful bidder,
For further information apply to tn
undersigned.
}, (Signed) ! F. L. MONTENEGRO,
s Mayor.