The copper era and Morenci leader., 1919-04-25

That public notice be given of the intention of the Common Council of the Town of Clifton to issue, negotiate ad sell such bonds herein specified; that sealed proposals will be received by the Common Council of the Town of Clifton for the purchase of said bonds on Tuesday, the first day of July, A. D. 1919, at the hour of 10 o'clock A. M. of said day, and that the Common Council of the Town of Cliff ton will at such time, at a meeting to be held for said purpose, open all seal ed proposals received by them and award the purchase of said bonds to the highest and best responsible bid der; provided, however, that none of said bonds will be sold for a less amount than par with accrued in- terest.
 A copy of this order shall be pub lished for at least four consecutive weeks before said sale in the Copper Mayor of the Town of Clifton, being a newspaper printed and published in the said Town of Clifton and of gen. eral circulation therein, together with notice that sealed proposals will be received by the said Common Council of the Town of Clifton for the pur- chase of said bonds on the day and hour named in this order, which no- tice shall be in substantially the fol- lowing form:
 Notice of Bond Issue and Sale
 Notice is hereby given that the Common Council of the Town of Cliff ton, County of Greenlee, State of Ari- zona, intends to issue, negotiate and sell on Tuesday, the first day of July, A. D. 1919, at the hour of 10 o'clock A. M. of said day, at the Town Hall dn the Town of Clifton, County Of Greenlee, State of Arizona, negotiable coupon bonds of said Town in the aggregate amount of One Hundred and Fifty Thousand (s15O, 100000 Dollars for the purpose of supplying the said Town of Clifton with sewers; said bonds will consist of three hundred (30O) bonds in the denomination of Five Hundred ($500.OO) Dollars each, payable in gold coin of the United States of America, of or equal to the present standard of weight and fineness, bearing date and bearing interest from and after June 3Oth, 1919, at the rate of six (64o) per centum per annum, payable in like medium semi-annually on the Both day of June and the 30th day of December of each year, both principal and in terest payable at the office of the Town Clerk of the said Town of Cliff ton, in Clifton, Arizona, or at the Han- over National Bank in the City of New York, U. s. A., at the option of the holder
 Sealed proposals will be received for the purchase of said bonds until 10 o'clock A. M., Tuesday, July 1st, 1919. All bids or proposals must be ac- ompanied by a certified check for not less than five (5%6) per centum of the total amount of bid, and certified check so deposited by the successful bidder shall be retained by the said Common Council of the Town of Cliff ton, and shall be forfeited in the event that such bidder shall not carry put the terms of the contract provided herein and to be entered into. As the bonds will be ready for delivery at the time Of their sale, namely, on the date and hour aforesaid, the purchas- CTS must satisfy themselves of the legality thereof prior to said time, and no conditional bids for said bonds will be considered. None of said bonds will be sold for a less amount than par and accrued interest, and the Common Council of the Town of Cliff ton reserves the right to reject any and all bids offered.
 The term of the above bonds is as follows:
 Fifteen bonds of Five Hundred (s50O.0O) Dollars each payable June 3Oth, 1920, and fifteen bonds for Five Hundred .(S5OO.0O) Dollars each pay able on the 30th day of June of each and every year thereafter up to and June 30th, 1899.
 Certified copies of all proceedings by said Common Council of the Town of Clifton, relative to this issue will be furnished with each financial statement, to assist prospec- tive bidders in satisfying themselves as to the legality of the bonds.
 All Bids must be. sealed and ad- dressed ''B. c. Sturges, Town Clerk, Clifton, Arizona" and plainly marked Proposal for Sewer Bonds.'' I
 By order of the Common Council of the Town of Clifton, County of Green l lee, State of Arizona.
 f5y
 Mayor.