The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-03-06
NOTICE TO BIDDERS.
AUDITORIUM AND MARKET
lnl-SE RnNnG

- 'NfAHA'Fr
Notice, Is hereby given that sealed
bids viii be received by c. c. Pashbv,
city. clerk OF Memphis, at tho city hall
In Memphis, Tenn, until 80 o'cloeS
Pm. Tuesday, March SO. 1919. for the
Tenn, viz,
Three hundred and seventy -fiy thou.
sand dollars tS975. O0O) OF general la
hllity serial coupon bonds in the de
nomination Of one thousand dollars
each, authorized nv chapter I2f OF the
private acts Of the general assembly
Of the state Of Tennessee for the year
1917, and further pursuant to an ordl-
nance PASSED final reading Tuesday,
Feb. I. 1919.
The interest rate will he determined
n the resolution Of sale and will be
four and one-half (ilb), four and three
Quarters N&). or five t5l per centum
per annum, as may be required to pro-
Tho bonds viii he prepared at the
eNpense Of the city Of Memphis ana
delivery will he made IN Memphis. in
New York city or at the equivalent ~
New York city. at the option Of the
where, the delivery. shan he made.
said bonds shall be dated Jan. l.
1919, and shall mature as follows, with
out. option OF prior REDEMPTION:
Nos. odtoC 10, both inclusive, SIS, 5000,
Nos, "a to 80, both inclusive, 81. 1000.
Nos, - to IS, both inclusive, $4,000,
Jar. !, i997.
Nos, AZ TO 60, both inclusive. $4,000.
Nos g. to IS. both inclusive, S15, 900.
Jan. /. 1929. '
Nos; 70 TO 30, both inclusive, $4,000,
Jan. I, 1890,
Nos. o. to los, both inclusive, $4,000,
Jan. l., 1871. ~
Nos, 1o6 to 100, both inclusive. $4,000,
Jan. |, to32,
Nos, ~ to 1876, both inclusive, SIS, 900.
Nos, t3G to 1850, both inclusive, Sl5. oOn
Jan, I, 1884,
Nos, 49, to 1866. both inclusive, $4,000,
Jan, l., 1885,
Nos. 1893 to $50, both inclusive, SIS 900,
Jan, |. 1886.
Nos, 49, to 1876, both inclusive, SIS. 900.
! Jan. !, 1887.
Nos 100 to 2l0, both inclusive, SIS. 900.
Jan, I. leSS,
Nos. ~ to 296, both inclusive, SIS. 900,
Jan, !, 1897.
Nos. @?6 10 $40. both inclusive. SIS, 000,
Jan, I, 1910.
Nos. ~ to 1855, both inclusive. SIS, 200,
Jan I, 1QAl,
Nos. 1853 to go, both inclusive, SIS. 900,
Jan. I. tN42.
Nos. 27t to 2S5. both inclusive, sis, 900.
Jan, I. 1913.
Nos. ESQ to 400, both inclusive, sis, 900.
Jan !. 1914
Nos. 30l to 9t5, both inclusive, SIS, 900,
Ian. I. 19i6
Nos, $40 to $50. both inclusive, SIS, 900
Jan I, 1916.
Nos. 331 TO 345, both inclusive, $751; 900,
Jan. I, la47,
Nos, S46 to $50. both inclusive. SIS, 900.
Jan. |, 1913,
Nos. 36l to 375. both Inclusive, $4,000.
Jan, I. 1919,
The bonds viii be registered as to
principal only at the option Of holder,
Interest PAYABLE semiannually, July I
and Ian /. 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 he entertained which
names a price less than par and ac-
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 hid must be accompanied by
a certified check on some Memphis
hank IN the sum Of four thousand dol.
lars $4,000, payable TO the order OF
the CITY OF Memphis, a. an unqualified
guarantee Of good faith on the part
OF the bidder The check OF the sue
cessful bidder shall be retained by the
city as and for l%iGuldated damages for
failure of such bidder TO accept and
pay for the bonds. Checks will be re-
turned TO unsuccessful bidders imme-
diatcly 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 called bids
only, publicly opened at time II place
above noted,
The legality OF these bonds, when
sold an. delivered pursuant to The
terms OF the above mentioned ordi-
rance, has been approved by Mr.. John
C Thomson. attorney. OF New York,
a copy Of whose approving %oninion will
be furnished 10 the successful bidder.
For further Information apply TO the
undersigned.
This eth day Of February. 1919.
tSignodl f l.. MONTENEGRO,
Mayor,