The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-06-05
NOTICE TO BIDDERS.
AUDITORIUM AND MARKE1
HOTTSE RONnS

IOUSG M
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 300 o'clock
pm. Tuesday, July /, 1919, for the fol-
lowing bonds Of the city Of Memphis,
Tenn, viz:
Three hundred and seventy five thou
bility serial coupon bonds in the de-
nomination OF one thousand dollars
each, authorized by 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. Z, 1919.
The interest rate will be determined
in the resolution Of sale and will be
four and one-half (4h), four and three
quarters 4&), 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. to Is, both inclusive, $3.50 0
Jan. /, 1925.
Nos. IS to 30, both inclusive. $15,0 900.
Jan. /, 1925.
Nos. 81 to 49,, both inclusive, SIS, 900.
Jan. 1, 1897.
Nos. as to so, both inclusive, SIS, 900,
Jan. /, 1928.
Nos. 81 to rs, both inclusive, $4,000,
Jan. 1, 1929.
Nos. rs to 80, both inclusive, SIS, 900,
Jan. I, 1880.
- n. = 1nr L~AL E.ztI.- la NAN
Jan. !, 1881.
Nos. 106 to 100, both inclusive, SIS, 900,
Jan. /, 1882.
Nos. 121 to 1876, both inclusive, $4,000.
Jan. l, 1888.
Nos. 1875 to $50, both inclusive, SIS, 900,
Jan. 1, 1884.
Nos. ISL to 1856, both inclusive, SIS, 900,
| Jan. /. 1885.
Nos. 1865 to 100, both inclusive, SIS, 900,
| Jan. /, 1885.
Nos. 1S1 to 1876, both inclusive, SIS, 900,
| Jan. 1, 1887.
Nos. 1856 to 30. both inclusive. $15,0 900
Jan. l, 1888. .
Nos. I'll to 225, both inclusive, SIS, 900,
Jan. l., 1893.
Nos. 22e to 24o, both inclusive. SIS, 900,
Jan. 1. 1910. $500
Nos, 241 to 255. both inclusive, SIS, 900
Jan. /, 1941.
Nos. 256 to 270, both inclusive, SIS, 900
Jan. 1, 1912.
Nos. 271 to 1856. both inclusive, SIS, 900
Jan. l.. 1943.
Nos. 28s to 800, both inclusive, SIS, 900
Jan. /. 1914.
Nos. SOL to 315. both inclusive, SIS, 900
Jan. /, 1916.
Nos. 316 to $3.50, both inclusive, SIS, 900
Jan, l, 1946.
Nos. 1891 to S45, both inclusive, $4,000
Jan, 1. 1947.
Nos. S46 to $50, both inclusive. $15, 1000
Jan. /, 194S.
Nos. 1851 to s75, both inclusive. / $4,000
Jan. 1, 1949.
The bonds will be registered as I,
principal only at the option Of holder.
Interest payable ~semiannually, July
and Jan. /. Both principal and interes
payable in lawful money of the Unitet
States of America, in Memphis or New
York city, at option of holder.
No bid will be entertained whicl
names a price less than par and ac
crued interest to date of delivery. fire.
from all charges for fees. brokerage o
other conditions not enumerated in tn
act and ordinance,
The city Of Memphis reserves tn
right to reject any and all bids.
Each bid must be accompanied b
bank in the sum Of four thousand dol
lars $4,000, payable to the order o
the city of Memphis. as an unqualifie
guarantee Of good faith on the par
OF the bidder. The check OF the sue
cessful bidder shall be retained by tn
city as and for liquidated damages TO
failure of such bidder to accept an
pay for the bonds. Checks will be re
turned to unsuccessful bidders imme
diately after awarding the bonds; tn
, check of the successful bidder will b
! returned Immediately after the deliv
cry OF the bonds, and will not be re
: ceived in part payment for same.
: Said bonds will be sold by sealed bid
, only, publicly opened at time and piac
I above noted.
, The legality Of these bonds, whe
sold and delivered pursuant to tn
terms of the above mentioned ord
nance, has been approved by Mr.. job
!. C. Thomson, attorney. OF New Yorl
B a copy of whose approving opinion wi
be furnished to the successful bidder.
For further information apply to tn
: undersigned,
This I'd day Of June, 1919.
(Signed) F. l.. MONTENEGRO.
Mayor.