The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-06-12
NOTICE.
MEMPHIS SCHOOL N
SALE

Notice Is hereby given that saolos
ptds VIII be received by the secrefaT :,
OF the board Of education of the NTem,
pms city schools at his office in IN,
%TSon"yn institute building, Memphis
1919 fol, the following bonds Of ths
Menphis city schools, viz: '
mWo hundred and fifty tho,,sar6
;S@9v,VVUl dollars of serial coupon bonds
"a the denomination OF $1,000 each Gus
thorlzed by chapter 42s of the nrjvat r.
aus OF the general assembly of tbe
nd ~ tennessee for the year 1918,
shu Iurtner pursuant to an order PASSED
oy the board Of education at its ree1ila :
hsStlhg Monday, June ., 1918
ne interest rate will be determines
~ the resolution of sale and will "a
- or . per centum per annum. as MAJ
pe REQUIRED to provide a bid AT mar
ane ooh1s VIII be prepared at the ex-
delivery will be made In Mempbis Nam Sau
rork city, or at the equivalent of Nav
Iork city at the option of tha MR.,
chaser who must state In his bid wbere
she oelVery h "a be made. Said bonds
snaIi De dated July l, 1919, and shall
mature as follows, without option Of
nm Nos. ! lot e is, both Inclusive, SIS. 900,
Nos, Is 1 to 80 both inclusive, SIS. 900,
Mos; 81 y %, both inclusive, SIS, 900,
r Nos 20 TO So both inclusive, SIS, 900,
Mos' 81 o 49, both inclusive, SIS, ooe,
NOS; Y to 80, both inclusive, SIS, 900.
NOS, 81 to lO5, both inclusive, SIS, 900,
nos; l9S 70 l2o, both inclusive, SIS, 900,
nos. AZ to 1875, both inclusive, SIS, 900.
'Iu Mosi iss to lSo' both inclusive, $4,000,
nos; lsl to 1855, both inclusive, SIS, 900,
NOS; lSS to $50, both inclusive, SIS, 900,
NOS. ~ to l95, both inclusive, SIS, 900,
Nv Sos ! ~ sss 70 slo. both inclusive, SIX ooo
July /, 1888. Tl"'V'V'
Nos; I'll to 225, both inclusive, SIS, 900,
Nos, 22S to $40, both inclusive, $4,000,
/. Nos. 241 to $50, both inclusive. sto ma
July l, 1941. T1''V'V'
The bonds will be registered as to
principal only at the option of the
holder, interest payable s~emiannuaiiv
II ! n Jan, ], both principal and
payable In lawful money OF
the United States of America In New
FORK city or In Memphis, Tenn, at the
OF the holder.
No bid will be entertained which
names a price OF less than par and ac-
crued interest to date OF delivery free
IF charge, charges for fees, brokerase
Or other fees not enumerated In the All
ordinance. $50
The board OF education reserves the
to reject any and all bids.
hach bid must be accompanied by
certified check on some Memphis bank
. the sum OF four thousand 8 10000
dollars, payable to the board of ed,lca-
Ion, as an unqualified guarantee or |
sool faith on the part of the bidder,
The check Of the successful bidder
be retained by the board of edu- |
ation as and for l~iquidated damages
or failure Of such bidder to accept ana |
lay for the bonds. Checks will be re- |
urned to unsuccessful bidders immedi.
Lteiy after awarding OF bonds, The
heck OF the successful bidder will he
eturned Immediately after the delivery
Il the bonds and viii not be received |
n part payment for same.
Said bonds will be sold by sealed |
lids only publicly opened at time and
'lace above noted. -
nd delivered pursuant to the terms Of
he above mentioned resolution will be
by Mr.. John C. Thomson, |
Of New York city, a copy OF
ahose approving opinion will be fur
to. the successful bidder. For
utther information apply to the UNDER
igned.
This, the 10th day Of june, 1919.
G. w. GARNER,
ectetary, Board OF Education. Memphis