The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-03-11
NOTICE TO BIDDERS.
AUDITORIUM AND MARKET

EOOSE bONDS.
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:S0 o'clock
pm. Tuesday. March rs, 1919. for the
following bonds of the city Of Memphis.
Tenn, viz:
Three hundred and seventy five thou
sand dollars (S375,O Oo) Of general LA
bility serial coupon bonds in the de
} each. authorized by chapter 42t Of the
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,
Feb. Z. 1919.
The interest rate will be determined
In the resolution Of sale and will be
quarters N%), or five (5> per centrum
per nun 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 he 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 he made.
Said bonds shall be dated Jan. I,
1919. and shall mature as follows, with
+ out option Of prior redemntion:
Nos, to IS, both inclusive. $4,000,
Nos, IS TO. 80, both inclusive, $4,000.
Nos. 81 to as, both inclusive, SIS, 900,
Nos. 46 to 60. both inclusive, SIS, zoe.
Jan. I, 1928.
Nos. 81 to rs, both inclusive, SIS, ono.
Nos. IS to 90. both inclusive, SIS, 900,
Jan. /. 1880.
Nos. 81 to 1o5, both inclusive, SIS, OOn.
Jan. |, 1881.
Nos. 1O6 to 12o, both inclusive. SIS, 900.
Jen. /, 1882.
Nos. 1911 to 1876, both inclusive, s15, goo.
Jan. 1. 1888.
Nos. 1856 to $50, both inclusive, $15, 900.
Jan. /, 1884,
Nos. l51 to 165, both inclusive, SIS, 900,
%, Jan. I, 1855.
= Nos. 1866 to 1870. both inclusive, SIS, 900,
Jan, I. 1885.
Nos, 1871 to 1876. both inclusive, SIS, 600.
Jan. I, 1897.
Nos, 196 to 210, both inclusive, SIS, 900,
Jan. |. 1888.
Nos. 211 to 225, both inclusive, SIS, 900,
Nos. 226 TO 240, both inclusive, SIS, 900,
Jan. /, 1910.
Nos. 241 to 255, both inclusive. SIS, 900
y Nos. 256 to 270, both inclusive, SIS, 900,
Jan. I, 1912.
Nos. 271 to 2S5, both inclusive, $t5, 900
Jan. /, 1913.
Nos. 1855 to 800, both inclusive, SIS, 900
Jan. |. 1914.
Nos, 30t to 315, both inclusive, SIS, 900
Jan. /, 1915.
Nos. sis to $50. both inclusive, $4,000
Jan. /, 1916.
Nos. 331 to 345, both inclusive, SIS, 900
Jan. I, 1947.
Nos. S4s to $50, both inclusive. SIS, 900
Jan. l, 194S.
Nos. s ,1,d to s75' both inclusive $4,000
The bonds will he registered as t.
principal only at the option Of holde
Interest payable semiannually, July
and Jan. L. Both, principal and irteres
payable in lawful money Of the Unite
York city, at option of holder.
No bid will be entertained whic
names a price less than par and &C
from all charges for fees, brokerage 9
other conditions not enumerated in tn
act and ordinance ,
The city of Memphis reserves til
right to reject any and all bids, i,
Each bid must be accompanied b
a certified check on some Memhh
bank in the sum Of four thousand do
lars $4,000, payable to the order
the city of Memphis, as an unquanfle
&' Of the bidder. The check of the su,
cessful bidder shall be retained by t
city as and for liouidated damages 4
failure of such bidder to accept ar
nav for the bonds. Checks, will he r.
turned to unsuccessful bidders INN.
diately after awarding the, bonds; q
check Of the successful bidder VIII !
returned Immediately AFTER tne ueli
cry of the bonds. and will not be r
ceived in part payment for same. .
as Said bonds will be sold by sealed hi
: only, publicly opened at time and pla
above noted.
The legality of these bonds, VIII
sold and delivered pursuant to {
terms OF the above mentioned orc
nance. has been approved by Mr.. Jol
q Thomson, attorney. Of New Yor
"a n copv of whose approving opinion W
be furnished to the successful bidder.
For further information apply to t
undersigned. ,
This 9th day of February, 1919.
"e Mayor.