The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1922-07-29
$es4,oo
ATLANTIC COUNTY
NEW JERSEY
$471 900 Road Improvement Bonds
SAL 900 Road Improvement Bonds

SAL, 900 Road Improvement Bonds
S 1900 Road Improvement Bonds
NOTICE Is HEREBY GIVEN that pur-
suant to the direction of the Board of
Chosen Freeholders of the County of At
lantic, New Jersey, the Finance Commit
tee in conjunction with the County Solic-
itor and the County Treasurer will re-
ceive sealed proposals at the office of the
county Treasurer of Atlantic County,
Room 525, Guarantee Trust Building, cor
ner of North Carolina and Atlantic Ave-
nues, Atlantic City, New Jersey, on Sat
urday,- the
at the hour of 3 p. NJ. daylight Saving
Timel for the purchase of the following
described three issues of bonds of the
County of Atlantic, to wit:
l. Not exceeding $471, 900 Road I'M
elusive, of the denomination of $1,000
each, maturing in numerical order, thirty
one (3D bonds on the first day of August
in each of the years 1928 to 1881, both
inclusive, and thirty-two (32) bonds on
the first day of August in each of the
years 1882 to 1887, both inclusive. The
sum required to be obtained upon the
sale of this issue of bonds is Si71, 900.
2. Not exceeding SAL, 900 Road I'm
proVement Bonds, Nos. l to AL, both in
elusive, of the denomination of 81, 900
each, maturing in numerical order thirty
one C3D bonds on the first day of August
in each of the years 1924 to 1880, both
inclusive. and thirty-two 1922 bonds on
the first day of August in each of the
years 1851 TO- 1851, DOln Inclusive. Inc
sum required to be obtained upon the
sale of this issue is SAL 600.
3. Not exceeding S72,OO0 Road I'M
provement Bonds Nos. l to ~, both in
elusive, of the denomination OF $1,000
each and maturing in numerical order
fourteen O4D bonds on the first day of
August in each of the years 1928 to 1926,
both inclusive, and sixteen 90 bonds on
the first day of August in the year 1927.
The sum required to~be obtained upon
the sale of this issue is $4,000:
Bonds of all three issues will be dated
August LIST, 1922, will bear interest at the
rate OF five (5) per centum per annum,
payable semi-annually February LIST and
August LIST, and will be payable. both
of the United States, at the office of the
County Treasurer, Atlantic City, New
Jersey, and said bonds will be coupon
bonds with the privilege of registration
as to principal only or as to both prin-
cipal and interest.
Bidders may bid for one, two or all of
said issues and separate proposals must
be submitted for each issue bid for, but
upon an all or none basis for the entire
amount of bonds specified in this notice.
Each issue of bonds, unless all bids
therefor be rejected, will be sold to the
bidder or bidders complying with the
terms of sale and Offering to pay not
less than the amount required TO be rals-
ed by the respective issues, and to take
therefor the least amount of bonds COM
mencing with the first maturity ana stat
ed in a multiple of one thousand dollars,
and II two or more bidders offer TO take
the same amount of such bonds, then to
the bidder or bidders offering to pay
therefor the highest additional price. Nc
more bonds of any of said three issues
will be sold han will produce the amount
required to be raised thereby, as above
stated. and an additional sum as to each
issue of less than $1,000. In addition to
the price bid the purchaser must pay
accrued interest on the bonds to the date
of delivery. Said bonds will not be sold
for less thar par value and accrued in
terest. Thu right is reserved TO re1ecl
all bids for any or all of said three issues
and any bid not complying with the pro-
visions hereof will be rejected.
Bidders must enclose their bids IN
sealed envelopes addressed TO +. L. John
| son, County Treasurer, and marked or
the outside Proposal for Bonds and
each bid must be accompanied by a GER