Evening capital. [volume] (Annapolis, Md.) 1922-1981, 1922-08-26
ANNE ARUNDEL COUNTY
BONDS $400, 900 FOR
SALE

Pursuant to Chapter SOS Of the Acts OF
the General Assembly Of Maryland Of
1S&2. providing for the issue Of the bonds
herein mentioned and described. the Coun-
~ Commissioners Of Anne Arundel County
viii receive sealed bids FOR the purchase
Of bonds OF Anne Arundel County, Mary
500. 000 four and one-half per cent
bonds. 10 be known as Loan of 1g22.
said bonds will all be. dated july J..
1872. They will bear interest at the rate
OF four and half per centum l4l2 per
centuin1, payable setni-annualy on the
first day of July and January In each
year during the continuance of the loan.
The principal of said loan will be payable
upon the serial annuity plan, as provided
in said Act of 1877, Chapter JOs, as fol-
+, lows.
| Series to y, inclusive, each series for
| $1,000; Series A payable July /, 1874 and
each succeeding series payable July LIST OF
each year following July 4. 1924, including
July J. 1873
4 The said bonds will be of the denami-
nations OF $500 and $1,000, aud Will he
ISSUED with interest coupons attached.
Said bonds are forever exempt from all
taxation for State. County, Municipal aud
County School purposes.
The said bids or proposals must be de-
| liyered to the Clerk of the County Com
| missioners at his Office IN the Court House
i'm Annapolis, Maryland. before Il O'Clock
noon, standard timel Tuesday, Septem-
Der 9TH. 1872. Each bid must be for cash
on delivery: must be enclosed ia "A sealed
envelope addressed. on the ontside Pro
posai for Rouds, Anne Arundel County
1922" Each bid must be accompanied by
a certified check upon some responsible
banking institution drawn 10 the order oi
County Commissioners OF Anne Arundel
County for five per centum i5ee) of the
par value OF the amount bid for. All bids
or proposals will be opened at L. O'Clock
noon standard time) Tuesday September
5tb 1922. in the presence of the County
Commissioners Said bonds will not b,
sold for less than their par value and ac-
crued interest.
on the opening Of said proposals al
many OF said bonds as have been bid for
not exceeding. however, the amount fol
(which proposals are invited, may be
awarded 10 the highest responsible bidder
or bidders therefor for cash: and II TIVE
or more responsible bidders have made tn,
same bid and such bid Is the highest ant
the bonds so bid for by such highest re
sponsible bidders are in excesss of IN,
whole amount of bonds as offered for sale
then snch bonds may be awarded in n rat
able proportion TO such responsible bid
ders bidding the same price.
L The County Commissioners of Ann,
Arundel County may, in their discretion
accept one bid for all OF said lOan ol
separate bids for parts of said loan "a
may produce the largest amount In theil
discreNon and they may in their dis
erection accept bids which may be for par
OF said loan, but are not for all, and they
reserve the right In their discretion to re
ject all bids or any bid. 49,.
Bidders are referred to the. said Chap
ter sos OF the. acts of the General Assem-
bly, of Maryland Of 1922, as containing thu
terms and provisions of this loan.
n THE C0INTY COMMISSIONERS
OF ANNE ARUNDEL COUNTY
S. o. TILGHMAN. Clerk.