Evening journal., 1922-10-14


ISSUE OF 5000 600 FOR PURPOSE OF
ACQUIRING TITLE TO A Lot OF
LAND IN THE CITY OF WILMING-
TON PUBLIC LIBRARY.
100000 Of this issue (for purpose OF
acquiring title to a lot OF land IN the
city Of Wilmington for Public Library
is being made under authority of An
Act OF General Assembly OF the State
Of Delaware. approved March 2S. A. d.
1921, entitled AN Act to Authorize
'Ihe Mayor and Council OF Wilmington
70 borrow money and 10 issue bonds TO
secure the payment thereof for the
purpose OF acquiring titie to lot OF
land IN the city OF Wilmington and also
authorize The Wilmington Institute to
erect. equip. use and occupy a building
ON said lot OF land for the purpose OF a
OF two Ordinances OF 1.-THE Councuf OF
the Mayor and Council OF Wilmington
entitled IAN Ordinance 10 Authoriza
The Mayor and Council OF Wilmington
70 borrow two hundred thousand dol
lars for the purpose OF acquiring title
10 lot Of land in the city OF Whining
ton" Passed by THE Counclp May
Y. A. =. 1921. and approved by the
Mayor, May l9 a; D.. 1921, and .. An
Ordinance entitled AN Ordinance TO
Amend an Ordinance entitled AN Or
dlnance TO Authorize The Mayor and
Council OF Wilmington 10 borrow two
hundred thousand dollars for the pur-
pose OF acquiring title to a lot OF land
In the city OF Wilmington" passed bv
The Council May 10. A. d. 1921"
passed by The Council September 2s
4. D 1922 and approved BY the Mayor.
October .. a. ID. 1922.
Said bonds viii bear date OF Novem-
ber ]. A. d. 1922. will be issued In de-
nominations OF Fifty Dollars or multi
pies thereof, will bear interest at rate
Of four and one-half per centum per
annum payable seml-annually on April
/ and October / OF each year until ma
turity and they viii mature as follows:
100000 OF THIS ISSUE
sl09,950 VIII mature April l. A. ID. 1851. |
iss.OOO viii mature October /. A. Is |
1851.
l7i350 will mature April l. A. d. 1885,. |
17i,S0O VIII mature October 1. A. d, |
5000 will mature April /. a. D. 1858.
100000 OF THIS ISSUE
; 1880 will mature April I. A. d. 1855 1
loo'ooo VIII mature october l. A. d. |
s2oo. 900 ''''
All proposals must be accompanied by /
a certified check, payable TO the order
mington" for two t2) per centum OF
the amount OF bonds for which bid is
submitted, same to be forfeited in casa
The successful bidder or bidders fail to
accept and settle for bonds awarded
them at City Treasurer's office. VII
Del. at or before 70 O'Clock
noon on the fifteenth day OF November, IL
November I. A. D. 1922
All proposals must be enclosed IN
sealed envelopes. addressed to Samuel
J. White, City Treasurer. Wilmington
Del, and marked Proposal for Sink
ng Fund Loan"
The genuineness OF the signatures OF
he officials signing said bonds and OF
he seal impressed thereon win be GER ,
fled to by the United States Mortgage
md Trust Company. OF New York CITY.
md the opinion OF Reed. Dougherty &
ioyt, OF New York city that the bonds
re legal and binding obligations Of the
ity OF Wilmington viii be furnished
o the successful bidder or bidders
The right is hereby reserved 10 re.
ect any or all bids
ames r. McManus Robert D. Kenp
ames 5. Evans David NJ Hilegas
ohm r Henry John j. Monaghan =
lnance Committee Commissioners Of !
OF The Council" Sinking Fund
IL