The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-03-12
NOTICE.
NOTICE TO BIDDERS,
AUDITORIUM AND MARKET

U BONDS.
Notice is hereby given that sealed
city. clerk. Of Memphis, at the city hail
IN Memphis, Tenn. until 2:3O o'clock
pm. Tuesday, March '25, 1919, for the
following bonds of the city of Memphis,
Three hundred and seventy five thou
bility serial coupon bonds in the de-
nomination of one thousand dollars
each. authorized by chapter 421 of the
private acts Of the general assembly
Of the state Of Tennessee for the year
lSl1, and further pursuant to an ordi-
nance passed final reading Tuesday.
The interest rate will be determined
In the resolution Of sale and will be
four n one-half 4h), four and three
quarters (4%), or five (5l per centum
per N as may be required to pro-
The bonds will be prepared at the
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 option Of the
purchaser, who must state in his bid
where the delivery shall be made.
Said bonds shall be dated lar. 1.
1918, and shall mature as follows, with
out option OF prior ~redemntion:
Nos, ] to 10, both inclusive, $751; 900,
Jdn. l. 1870, B.
Nos, lS to 80, both inclusive, SIS, 900.
Nos. 81 to IS, both inclusive, SIS, 900.
Nos. g to 60, both inclusive, SIS, oOe,
Jan. l, 1928. '
Nos. 81 to rs, both inclusive, SIS, 900,
Nos. rs to 80, both inclusive, SIS, 900,
Jan. I. 1880.
Nos. 81 to 1O5, both inclusive, SIS, 900,
Nos. 1os to 100, both inclusive. SIS, 900,
Jen. 1, 1882.
Nos, 121 to 1876. both inclusive, s15, 900,
Jan. l, 1888.
Nos. 1s6 to $50, both inclusive. $4,000.
Jan, l, 1894.
Nos, Isl to 165, both inclusive, SIS, 900,
Jan. 1, 1885.
Nos. 1866 to 100, both inclusive, SIS, 900.
Jan. /. 1885.
Nos. lSl to 1875, both inclusive. s15. 900,
Nos, 1876 to 21O. both inclusive, SIS. 900,
Jan. ]. 1898.
Nos. I'll to POS, both inclusive. SIS, 900,
Jan, l, 1899.
Nos; 22s to 24o, both inclusive. SIS, 900,
Nos. 241 to 255, both inclusive. $15,o 900,
Jar. /, 1871.
Nos. 256 to 27O, both inclusive, SIS, 900,
Jan. /. 1912.
Nos; III TO 2S5, both inclusive, SIS, 900,
Nos. 2S6 to 800, both inclusive, SIS, 900,
Jan. /, 1914.
Nos. 3o1 to S15, both inclusive, $4,000
Jan. |. 1915.
Nos. 316 to $50. both inclusive, $751; Dol
Jan. /, 1915.
Nos, 331 to S45, both inclusive, $4,000
Jan.~1, 1947.
Nos. S46 to $50, both inclusive, SIS, 900
Jan. /, 194S.
Mos gGI IN OK both too1,t.. 01F ann
Jan. 1. 1919.
The bonds will be registered aS tc
principal only at the option of holder
Interest payable ~semlannuallv, July 4
and Jan. l.. Both principal and interest
ggfsta5le 81 y lawful sr,n1 money 10 T.@ Of the United
York city. at option of Holder.
No bid will be entertained which
names a price less than par and ac.
crued interest to date Of delivery. free
from all charges for fees, brokerage o,
other conditions not enumerated in tn,
The city of Memphis reserves the
right to reject any and all bids.
Each bid must be accompanied by
a certified check on some Memphi:
bank n the sum Of four thousand dol.
lars $4,000. payable to the order o.
the city of Memphis. as an u~noualifief
guarantee of good faith on the par
of the bidder. The check of the sue,
cessful bidder shall be- retained by tn,
city as and for lionidated damages 70,
failure of such bidder to accept ant
pay for the bonds. Checks will be re.
turned to unsuccessful bidders imme,
diately after awarding the bonds; tn,
check of the successful bidder will b.
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 plac,
above noted.
The legality of these bonds, wher
sold and delivered pursuant TO tn,
terms Of the above mentioned ordi
nance, has been approved by Mr.. Johr
c. Thomson. attorney of New York
O copy of whose approving opinion will
be furnished to the successful bidder.
For further information apply to thu
undersigned,
This 9th day OF February, 1919.
tSigned) f. L, MONTENEGRO,
Mavor