Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-05-12
ONCE OF the Auditor General,
Harrisburg, May 10, 1890

Interest at the rate of four and one
half (4n) per centum per annum will
be paid semi-amually, on January I
and July !, at the office Of the Fiscal
delphia.
All bonds Issued under the provisions
of this Act shall be exempt from taxa
tion for State and local purposes.
Certificates in registered form will he
Issued in such amounts as the purchasers
may require in the sum of one thousand
10000 dollars, Ave thousand (5,00O
dollars. ten thousand Q0.000) dollars,
fifty thousand (50,000) dollars. and one
huncred thousand 10000 dollars and
in coupon form in the sum of one thou
sand 10000 dollars. Said certificates
will be interchangeable as TO form.
Negotiable Interim Certificates will
be issued, II desired, pending the en-
craving of definitive certificates, and
may be obtained from the Fiscal Agent
on the day that payment is made for
the loan. or thereafter.
Proposals must be made upon the pre-
scribec form of blanks. copies of which
may be obtained upon application at the
office of the Auditor General. or from the
Fiscal Agent.
No bid will be considered unless ac-
companied by a certified check or GER
tifcate Of deposit drawn to the order of
the commonwealth OF Pennsylvania for
an amount equal to two (2) per centum
of the principal of the loan for which
the bid is made.
Checks or certificates accompanying
bids not accepted will be returned by
mail TO the bidders within forty-eight
(4S hours from the time of opening OF
the bids Deposits of successful bidders
viii be applied in partial payment of the
amount of the loan awarded to them.
No allowance will be made for interest
on an advance payment from the time
a bid is submitted to the time of set
tlement.
Settlement for the loan awarded must
be n ace with The Philadelphia National
Bank, Fiscal Agent for the Common
wealth of Pennsylvania. in the follow
ing manner, to wit:
II will be optional with bidder to
make settlement in full on or before
Thursday. July !. 1920. three p. M,
or make six partial payments. to wit
sS.O00.o00. Thursday. July !, 1890.
Three +. NJ.
$4,000, 900. Monday, August 9. 1920
Three p. NJ.
$4,000. 900. Wednesday, Sept.mber ,
1920. Three p. NJ.
$4,000, 900. Friday. October l. 1920
Three p. NJ.
s3.000.00O. Monday, November 1. 1920
Three p. NJ.
$4,000. 900. "wednesday. D.c.mb.r
1920. Three p. NJ.
The undersigned reserve the right 70
reject any and all proposals, or to ava rrl
all or any portion OF the loan for which
bies shall be received as may be deemed
Tor the best interests of the Common
wealth of Pennsylvania
With the exception Of the $4,000, 900
issue of 1919 above referred to the
State is free of all bonded lndebtedn ess
not now provided for by moneys in the
sinking Fund. OF the aforesaid issue OF
,s19,0Oo,0o0 the State has repurchased
bonds to the amount of $1.500,0O These
bonds are n legal Investment for trust
funds and constitute 'one OF the safest
and most desirable investments that can
be obtained. The wealth of the sovereign
State Of Pennsylvania guarantees an.
solute security, of principal, certainty OF
income, as well as ready sale for the
bonds at all times
WILLIAM G. SPROUL.
Governor.
HARMON NJ. kEPHART
state Treasurer,
CHARLES A. SNYDER,
Autitor General