The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1920-02-21
LEGAL NOTICE
NOTICE EScAMEiA COUNTY TIME
WARRANTS TO BE SOLD.

J w 1--WE ESSSm6 SoOfNi ifm
/ WARRANTS TO BE SOLD.
At meeting Of the Beard OF County
Commissioners Of Escambia County.
| Florida, to be held at the Court House
OF Escambia County, Florida, IN the
City Of Pensacola, Florida, at o'clock
a. m. on Monday March 18th. 1920.
sealed bids viii be received by the said
Board of County Commissioners Of Es-
Gambia County, Florida. for sale 10 the
highest and best bidder for cash. for not
/ less than par with accrued interest. the
| time warrants Of said County Of Escam-
bia, with interest coupons attached. in
. the aggregate principal sum Of Forty
eight thousand (s4s. ooe. 0n) Dollars. or in
| less amounts as hereinafter stated, said
| time warrants being part Of a series of
! One Hundred and Eighty (1se) time war
rants Of said county of Escarnbia. in the
aggregate principal sum Of One Hundred
| and Sixty Thousand ts15D, DOT. e0) Dollars.
! determined to be issued by this board at
a meeting Of this board held on the 18th
| day Of November, 1919. pursuant to a
special act Of the legislature Of Florida
entitled:
/ An Act TO authorize the Board of
County Commissioners Of the County Of
Escambia, State Of Florida. 10 issue time
warrants fer the purpose of construct
ing durable bridges and roads in Escam-
bia County, and TO provide for the pay
rnent thereof"
Approved May 2sth. 1919. Forty-five
(45), OF said time warrants TO be 30 Of
fered for sale and for which bids are
hereby invited, being IN denominations OF
One Thousand (sl. 900 .o0) Dollars each,
and dated November 18th, 1918, and nine
(9) OF said time warrants to be SO Of
fered for sale and for which bids are
hereby invited, being in the denonaina-
ton Of Three Hundred Thirty-three Dol,
lars and Thirty three and one-third
Cents (s335.33 1-31 and dated November
18th. 1879. Five (5) Of said time war
rants being in denomination OF One
Thousand s1.00e.o0) Dollars each. and
One ID Of said time warrants. IN the
denomination OF Three Hundred Thirty
three and One-third cents (ses3 50 I'D,
TO be redeemed each year beginning with
the year 1920 and ending with the year
1sZs, that is to say, Five Thousand
Three Hundred Thi-ty-three Dollars and
Thi-ty-three and One-third cents (s5,-
1888 I'D Of said time warrants are 10
be redeemed on November 18th 1920 and
like amount of Five Thousand Three
Hundred and Thirty-th-ee Dollars and
Thlrty-three and One-fhIrd Cents (s5,-
1898 1-3) Of said time warrants 10 be
redeemed each year thereafter on that
date. to-wit, November 18th 10 and in
GLIDING the year 1925 being IN ali forty-five
(s53 time warrants OF the denomination of
One Thousand Isl. 10000 Dollars and nine
(91 time warrants In denomination OF
Three Hundred Thirty-three Dollars and
Ihirty-three and One-third Cents
(S333. 80 1-3) all dated November 18th
1919 all Of said time warrants drawing
interest at the rate Of six &C per cent?
per cent Per annum from date until paid.
Bidders bidding upon said time warrants
may submit bids for the whole amount
OF said Forty-eigat Thousand (S4s. 600 ee)
Dollars, or may bid for such time war
rants (and the said time warrants will
be offered for sale at such tin1e) in
amounts as follows: One lot Twenty-one
Thous sand Three Hundred Thirtythree
Dollars and ThIrty-three and One-third
Cents-r.s1. 533. 80 1-3) re6eeInable Five
Thousand Three Hundred Thirty-three
Dollars and Thirty-three and One-thtrd
Cents (s5, 333 80 1-3) per year beginning
November 18th. 1920: one lot Five Thou
sand Three Hundred Thirty-three Dol
lars and Thirty-three and One-Ihiro
Cents (s5,s33.R 3 La redeemable Novern-
Der 18th 1924; one lot Five Thousand
Three Hundred Thirty three Dollars and
Tflirty-three and One-thIrd Cents (s5,
33s SO 1-31 redeenabIe November 18th
1925 one lot Sixteen Thousand (s1e. 900 e0)
Dollars, redeemable Five Thousand Three
Hundred Thirty three Dollars and Thir-
ty-three and One-third Cents Cs5,-
$50 8s 1-s) per year beginning Novern-
Der 18th 1925. AL bids SO submitted
shall be IN writing and sealed in an en-
velope, addressed 10 the Board OF County
Commissioners Of Escambia County.
Board before the time at which this
Board shall offer said time warrants for
sale. to-wit, 9 O'Clock a. m, on the 15th
day Of March, 1920. Each bid must be
accompanied by a check drawn by the
bidder on some reputable bank. payable
to the order Of the County of Escafn bia.
State OF Florida. for five Is per cent? |
per ce-It Of the amount of such bid, and
shall be certified by the bank which it IS
rawn and shall be forfeited to said County
Of Escambia, IL the bid which It accom-
panies IS accepted by the Board OF
County Commissioners OF Lscanbi7
County. Florida, and the person, firm or
corporation shall fail to accept and pay
for said time warrants upon demand ny
the Board of County Commissioners Of 1
Escar1hia County. Florida Bidders VIII |
understand that these warrants under the
law. must be sold al par. Therefore any
bids providing for payments Of conarnlE-
sions. or any proposal which Wouio
amount to a bidding less than PAR VIII |
not be received or considered. The sum
Of Forty-eigat Thousand $4,000 0ol Dol /
lars, or 80 much thereof as may be sold !
and SO much thereof may be neces-
sarv, and as, authorized by said act. Of
the proceeds realized from the sale OF
said time warrants shall be used exclu-
sively fer the purpose of constructing
durable bridges and roads in Escanbla |
county. as provided by the said act OF
the legislature. 1913, above mentioned.
The Board reserves the right to reject
any and al bids.
J. GEO WHITE, Chairman.
Board Of County Commissioners Escam-
bis County. Florida.
Attest: James NacgIbhon, Clerk
oaw4w.