The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-06-20
NOTICE TO BIDDERS.
AUDITORIUM AND MARKET
HOUSE PONnS

I1OOSE 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;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 (s375, 00O) of general la
bility serial coupon bonds in the &C.
nomination of one thousand dollars
each, authorized nv chapter 421 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. I, 1919. -
The interest rate will he determined
IN the resolution of sale and will be
four and one-half"T4h), four and three
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
purchaser, who must state in his bid
where the delivery shall he made.
Said bonds shall be dated Jan. l.,
1919, and shall mature as follows, with
out option Of prior redempuon:
Nos: ] to Is. both inclusive, SIS, 900.
Jan. 1, 1925.
Nos, 16 to 30, both inclusive, SIS, 900,
Jan. /, 1926.
Nos. 81 to 45, both inclusive, SIS, 900,
Jan. 1, 1927.
Nos. 46 to go, both inclusive, Sit, 900,
Jan. I, 1928.
Nos. 81 to rs, both inclusive, SIS, 900,
Jan. /, 1929.
Nos. rs to 90. both inclusive, $751; 900,
Jan 1,l1930.
Nos. 81 to 105, both inclusive, SIS, 900.
Jan. /, 1881.
Nos. 1O6 to 100, both inclusive, SIS, 900.
Jan. l, 1892.
Nos. 1871 to 1876, both inclusive, SIS, 900,
Jan. |. 1888.
Nos, 1856 to $50, both inclusive, SIS. 900,
Jan. 1. 1894.
Nos. Isl to 165, both inclusive. SIS, 900,
Jan. /, 1885.
Nos. 166 to 1870, both inclusive. Sic, 900,
Jan. |, 1885.
Nos. 1871 to 1876, both inclusive, SIS, 900,
Jar. l, 1887.
Nos. 1876 to 210, both inclusive, SIS, 900.
jar. l, 1898.
Nos 211 to 225, both inclusive. $15. 900,
Jan. 1, 1889.
Nos. 226 to $40. both inclusive. SIS, 900.
Jan. /, 1910.
Nos. 241 TO 255. both inclusive, SIS, 900.
Jan, 1, 1871.
Nos. 256 to 270, both inclusive, SIS, 900,
Jan. |, 1912.
Nos. Ell to 2s5, both inclusive, SIS, 900,
Jan. l, 1943.
Nos. 2ss to 300, both inclusive. SIS, 900,
Jan. 1. 1914.
Nos. sol to 315, both inclusive. SIS, 900,
Jan. /. 1945
Nos. 316 to 800, both inclusive. SIS, 900.
Jan. I, 1916.
Nos, 33t to s45, both inclusive, SIS, 900,
Jan. 1, 1947.
Nos. 346 to $50, both inclusive, SIS, 900.
Jan. l, 1913.
~ nrI -. orr l.AL a-I.- or MN
Jan. /, 1949.
The bonds will be registered as 10
principal only at the option Of holder.
Interest payable ~semiannually, July |
and Jan. J.. Both principal and interest
payable in lawful money Of the United
States Of America, in Memphis or New
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 OF
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
a certified check on some Memphis
bank in the sum of four thousand dol.
lars $4,000: payable to the order, Of
guarantee of good faith on the part
of the bidder. The. check of the sue
~cessful bidder shall be retained by the
city as and for liquidated damages fol
failure Of such bidder TO accept and
pay for the bonds, Checks win be re.
turned to unsuccessful bidders imme.
diately after awarding the bonds: the
check of the successful bidder will BIZ
returned Immediately after the deliv.
cry of the bonds, and viii not be re.
ceived in part payment for same.
Said bonds will be sold by sealed bids
nply nuhlfaly opnned at TINA and nlaCf
above noted.
The legality Of these, bonds. whey
sold and delivered pursuant to thu
terms of the above mentioned ordi,
nance, has been approved by Mr.. Job,
c. Thomson. attorney, of New York
a copy of whose approving opinion will
be furnished to the successful bidder.
For further information apply to thu
undersigned.
This I'd day Of June. 1919,
- Il n