The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-06-21
Legal NOTICES.



by the board Of education at its regular
meeting Monday, June 9, 1919.
The interest rate viii be determined
IN the resolution Of sale and will be
III or 5 per centum per annum, as NAV
DC required TO provide a bid at par.
The bonds will be prepared at the ex-
pense OF the board Of education and
delivery viii be made in Memphis, New
York city, or at the equivalent of New
York city at the option OF the pur-
chaser, who must state in his bid where
the delivery shall be made. Said bonds
shan be dated July ], 1919. and shall
mature as follows, without option OF
prior redemption:
Nos. ] to Is, both inclusive, SIS, 900,
July l, 1925.
Nos, 16 to 80, both inclusive, $4,000.
Nos. 81 to IS, both inclusive, $751; 900,
July /, 1927.
Nos, as to so, both inclusive, $500
July /, 1928.
Nos. 81 to Is, both inclusive, SIS, 900,
July l, 1929.
Nos. 76 to 90, both inclusive, S15,o 900,
July l, 1880.
Nos. 81 to los, both inclusive, SIS, 900,
July l, 1881.
Nos. 106 to 12O, both inclusive, SIS, 900,
July l, 1882.
Nos. t21 to 1875, both inclusive, $15,o 900.
July 1, 1888.
Nos, 1876 to $50, both inclusive, SIS, 600,
July l, 1884. y
Nos. 151 to 1855, both inclusive, $751; 900,
July ], 1895.
Nos, 1855 to 1870. both inclusive, SIS, 900,
July l, 1886.
Nos. 1s1 to 1876, both inclusive, SIS. OOO,'
July /. 1887,
Nos. 1876 to 30, both inclusive, sis. 900,
July 1, 1898.
Nos. I'll to 225, both inclusive, SIS, 900,
July /, 1899. =
Nos. 226 to $40, both inclusive. SIS, 900.
July !, 1910.
Nos. 241 to $50, both inclusive, $40, 900,
July /. 1941.
The bonds will be registered as to
principal only at the option Of the
holder, interest payable semiannually
July l and Jan. ], both principal and
interest payable in lawful money of
the United States of America in New
York city or in Memphis, Tenn, at the
option 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
OF charge, charges for fees, brokerage
or other fees not enumerated in the act
and ordinance.
The board of education reserves the
right to reject any and all bids.
Each bid must be accompanied by
certified check on some Memphis bank
In the sum Of four Thousand "a, 1000
dollars, payable to the board of eSuca-
tion, as an unqualified guarantee Of
good faith on the part of the bidder.
The check of the successful bidder
shall be retained by the board Of edu-
cation as and for ~liquidated damages
for failure of such bidder to accept and
pay for the bonds. Checks will be re-
turned to unsuccessful bidders immedi-
ately after awarding of bonds. The
check of the successful bidder will be
returned Immediately after the delivery
of the bonds and viii not be received
in part payment for same.
Said bonds will be sold by sealed
bids only publicly opened at time and
place above noted,
The legality of these bonds when sold
and delivered pursuant to the terms of
the above mentioned resolution will be
approved by Mr.. John C. Thomson,
attorney. of New York city, a copy OF
whose approving opinion will be fur
nished to the successful bidder. For
further information apply to the under
signed.
This, the 10th day of June, 1919.
G. W. GARNER,
Secretary Board of Education, Memphis
City Schools. Memphis. Tenn.