Bisbee daily review., 1919-05-07
NOTICE OF ISSUANCE AND SALE OF "5lSBEE 1919 STREET I'M. PRoVEMENT BoNDs," BY THE COMMON COUNCIL OF THE CITY OF BISBEE, ARIZONA.

NOTICE IS HEREBY GIVEN that the Common Council of the City of Bisbee, Cochise County, Arizona, in tends to issue, negotiate and sell on Saturday, the 17th day of May, 1919. at the hour of five (5) o'clock P M. at it's office in the City Hall of Bisbee. Cochise County, Arizona, the negotia- ble coupon bonds of said City in the aggregate principal sum, of Two Hun. dred Thousand Dollars ($2OO, ,OOO. .OO) for the purpose of acquiring funds to be used in the construction or i'm. provement, or construction and i'm. provement of certain streets and high. ways, or portions thereof within said city.
 Said bonds will bear date the 18th day of May, 1919, and will run for a period of twenty (2O) years from the date thereof, payable as follows: Bonds numbered serially from one (1) to ten (10) both inclusive, on or before the 18th day of May, 1920. and a like amount, according to serial numbers, due on the 18th day of May of each year thereafter following, until all of said bonds shall have been paid, both prin- cipal and interest of said bonds being payable in gold coin of the United States of America, of or equal to the present standard of weight and fine ness, and bearing interest at the rate of five and one-half (515) per centum per annum, payable in like medium semtannually on the 18th day of May. and the 18th day of November of each year; both principal and interest pay able at the office of the City Treasurer of the City of Bisbee, County of Co., chise, State of Arizona, or at the Hanover National Bank of the City and State of New York, at the option of the holder.
 Sealed proposals will be. received for the purchase of said bonds by the Common Council on the date and hour and at the place aforesaid, at a meet ing to be held for that purpose. All bids or proposals received for the purchase of said bonds shall be ac- companied by certified check, drawn on trust company or bank organized under the State or National laws and acceptable to the Common Council, for sum not less than five per centum (5) of the total amount of such bid, and all such certified checks accompanying bids which are not ac- cepted, and which rejected, shall be returned to the parties rendering the same. The certified check so deposit ed by the successful bidder shall be retained by said Common Council and shall be forfeited by such bidder in the event of failure to carry out the terms provided herein to be entered into, with diligence and within a req sonable time. Checks shall be made payable to the City of Bisbee, Arizona.
 Bids at rate of less than five and one-half per centum (51a) per annum will be considered. Also propositions relative to the lithographing and fur nishing of the bonds.
 None of such bonds will be sold for less amount than par and accrued interest, and the Common Council re- serves the right to reject any or all bids offered. All bids to be addressed to the City of Bisbee, Arizona, kare of the City Clerk, endorsed bid, 1919 Bisbee Street Improvement Bonds" THE COMMON COUNCIL OF THE
 CITY OF BISBEE.
 By JACOB ERICKSON,
 Mayor.
 Attest: M. J. BUTLER, City Clerk.