The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-06-17
NOTICE TO BIDDERS.
AUDITORIUM AND MARKET
HOTTCE RONnS-

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 2:30 o'clock
pm. Tuesday, July 1, 1919, for the fol-
lowing bonds Of the city of Memphis,
Tenn, viz:
Three hundred and seventy five thou
sand dollars ($375, 00o) OF general la
bility 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,
II interest rate will be determined
four and one-half Ala), four, and three
quarters C4&), or five (5) per centum
per annum as may be required to pro-
duce a bid of par.
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 Jan. l.
1919, and shall mature as follows, with
out option of prior redemption:
Nos. l to IS. both inclusive, SIS, 600,
Jan. I. 1925,
Nos. Is TO 80. both inclusive. $4,000.
Jan, l. 1926.
Nos. 81 to As, both inclusive, SIS, 900.
Jan. /. 1927.
Nos. As to so, both inclusive, $3.50 0
Jan. 1, 1928.
Nos. 81 to rs, both inclusive, s15,O 900.
Jan. /. 1929.
Nos. rs to 80, both inclusive, SIS, 900,
Jan l, 1880.
Nos. 81 TO los. both inclusive. $4,000,
Jan. 1. 1881.
Nos. LOG to 120, both inclusive, $500
Jan. /, 1882.
Nos. 121 TO 1875, both inclusive. $4,000.
Jan. l. 1888.
Nos. 1856 to $50. both inclusive. $751; 900,
Nos. ISL to 165, both inclusive, SIS, 900,
Jan, |, 1885.
Nos. 1856 to $50, both inclusive. $751; 600.
Jan. |, 1885.
Nos. 1871 to 1876, both inclusive. SIS, 900,
Jar. /, 1897.
Nos. 1876 TO 30, both inclusive, $3.50
Jan. |, 1888.
Nos 2l1 to 225, both inclusive, SIS, 900,
Jan. l, 1889.
Nos. 226 to $40. both inclusive, $500 90.
Jan. /, 1910.
Nos. 2l1 TO 255, both inclusive, SIS 900,
Jan. l, 1941.
Nos. 256 to go, both inclusive. $4,000
Jan. /, 1912.
Nos. 271 to 2S5, both inclusive, S15,o 900,
Jan, l, 1943.
Nos. 2S6 to 800, both inclusive, SIS, 900.
Jan. /, 1914.
Nos. SOL to 315, both inclusive. SIS 900,
Jan. l. 1915
Nos, sl6 to $50, both inclusive. $4,000
Jan. 1. 1916,
Nos. 331 to 345, both inclusive. $751; 900,
Jan. 1. 194T.
Nos. 346 to $50, both inclusive. SIS, 900,
Jan. l, 194s.
Nos. 361 to S75. both inclusive, $500
Jan. l. 1949.
The bonds will be registered as TO
principal only at the option Of holder.
Interest PAYABLE ~semiannually, July !
and Jan. /. Both principal and interest
payable in lawful money Of the United
States OF America, in Memphis or New
Yq N6 'i IA at viii HPE'i Ss Of S6t sGlsS5: 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 bid must be accompanied by
q certified check on some Memphis
bank in the sum OF four thousand dol
lars ga, 000l, payable to the order OF
the city OF Memphis. as an unqualified
guarantee Of good faith on the part
VI NllS AVlutAs IhC NtltNh x lHN SLN~
cessful bidder shall be retained by the
city as and for ~liQuidated damages for
failure Of such bidder 10 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 viii be sold by sealed bids
only, publicly opened at time and place
above noted.
The legality of these bonds. wher
sold and delivered pursuant to the
terms of the above mentioned ordi-
mango, has been approved by Mr.. 1ohr
c. Thomson, attorney, of New York
a copy of whose approving opinion vii
be furnished to the successful bidder.
For further information apply TO the
undersigned.
This "a day of June. 1919,
(Signedl F. L. MONTENEGRO,
Mayor.
Attest. q q PASTRY Citv Clerk