The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-03-03
T TO BIDDERS,
AUDITORIUM AND MARKET
HOISE BONDS

AAtNA'As bAfAN Us.
Notice is hereby given that sealed
bids will be received by c.. c. Pashby,
city. clerk Of Memphis, at the city hall
in Memphis, Tenn, until $50 O'clock
IN. Tuesday, March 26, 1919, for the
following bonds OF the city Of Memphis,
Tenn, viz:
Three hundred and s~eventy-five thou
sand dollars HS75. 000) OF general La
hility 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 ordi-
nance passed final reading Tuesday,
Feb. Z. 1919.
The interest rate will be determined
N the resolution Of sale and will be
four and halt AL), fovr and three
quarters H&), or five (6l per centum
per annum, rs may be required to pro-
duCe a bid OF par,
The bonds will he prepared at the
expense of the city Of Memphis and
delivery will he made In Memphis. in
New York city or at the equivalent 81
New York city, at the option of the
where the delivery shall be made.
said bonds. shall be dated Jan. I,
1919, and shall mature as follows, with
out option Of prior redemption:
NOS to Is, both inclusive, SIS, 900.
Nos, g to 80, both inclusive, SIS. 900,
Jan, |, 1926,
Nos, 81 to As, both inclusive, SIS, 900,
Jan, l, 1927.
Nos. 46 to 60. both inclusive. Slh. ONO
Jan, I, 1928. '
Nos. 81 to rs, both inclusive, SIS, 900,
Jan. T.. 1929. '
Nos. 70 to 30, both inclusive, SIS, 900.
Jan, |, 1880.
Nos. 81 to los. both inclusive, $4,000
Nos. JOG to 100, both inclusive, SIS, 900!
Jan. /, 1882,
Nos. 12l to 1876. both inclusive, SIS, 900,
Jan. I. 1888.
Nos. 1875 to $50. both inclusive, SIS, 900.
Jan. T., 1884,
Nos. ISL to 1866, both inclusive, SIS, 900,
Jan, 1, 1888,
Nos, 1876 to $50. both inclusive, $751; 900,
Jan. l. 1895.
Nos, 1871 to 1876. both inclusive, SIS. 900,
Jan, /, 1887. '
Nos. 1886 to 21O, both inclusive, SIS. 900,
Jan. /. 1898.
Nos, 2ll to 225. both inclusive. SIS, 900,
Jan. /, 1889.
Nos, 226 to 24O, both inclusive, SIS, 900,
Jan, |, 1910.
Nos. 241 to 255, both inclusive. $l5.O 900,
Jan. I. 1871.
Nos. 256 to 27O. both inclusive, SIS, 900,
Jan. !, 1g42.
Nos. 271 to 1856. both Inclusive. SIS, 900,
Jan. /, l94S.
Nos. 2S6 to 800. both inclusive, SIS, 900,
Jan l, l94t
Nos. 3Oi to 3l5, both inclusive. SIS, 900,
Jan. /. 1916, =
Nos. BIG to $50. both inclusive, $4,000
Jan. /, 1916.
Nos, al to S45, both inclusive, $4,000,
Jan, /, i947.
Nos 34e to 800. both inclusive. $15.o 900.
Jan, 1, i94S.
Nos, S6l to S75. both inclusive. SIS, 900,
Jan. /. 1919.
The bonds will be registered as to
principal only at the option OF holder.
Interest PAYABLE s~emlannually, July 1
and Jan. /. Both principal and Interest
PAYABLE in lawful money Of the United
States OF America, in Memphis or New
York city, at option of holder.
No bid will be entertained which
crued interest to date OF delivery, free
from all charges for fees, brokerage or
other conditions not enumerated in the
act and ordinance,
Tho city of Memphis reserves the
right to reject any and all bids,
Each bid must be accompanied by
a certified check on some Memphis
bank in the sun Of four thousand dol
lars $4,000. payanie to the order OF
the city Of Memphis, as an unqualified
Of the bidder, The check OF the sue
Cessful bidder shall be retained by the
city as and for l%iquidated damages for
failure of such bidder to accept and
pay for the bonds. Checks. will be re-
turned to unsuccessful bidders imme-
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 bids
only, publicly opened at time and place
above noted.
The legality Of these bonds, when
sold and delivered pursuant to the
terms Of the above mentioned ordi-
nance. has been approved by Mr.. John
c. Thomson. attorney. Of New York,
a copy of whose approving opinion VIII
be furnished to the successful bidder.
For further information apply to the
Undersigned
This 9th day Of February, 1919.
tSigned) f. l.. MONTENEGRO
Mayor.