Perth Amboy evening news., 1922-06-12
CITY OF PERTH AMBoN, NEW JERSEY
nnNn

Sealed proposals Will be received untiI
two o'clock T.. ". standard Time. three
i o'clock =. NJ. Daylight Saving time, on
7 June 18th. 1922. BY Ferd Garretson, CITY
( Treasurer. at his office in th9 tlly o.
/ Perth Amboy. y. j, for the purchase OF
/ each of the following issues OF bonds OF
said city, the amount OF the issue stated
in each case being the maximum amount
Of bonds which may be issued ana the
amount which is required to be obtained.
$4,000 Sc General Improvement tuhu-
ing Bonds OF the denomination Of Sl,p99
each. numbered from 1 up, 10 be dated
June 18th, 1922. and TO mature in numet-
iral order-4 bonds on June 18TH OF eaHh
Of the years 1879 10 1880 both inclusive,
and 5 bonds on June 18th, 1881 to 1881
both inclusive.
$4,000 Sc General Improvement Bonds
Of the denomination Of $1,000 each, mum
bered from 1 up. 10 be lated June i5th.
1922. and to mature in numerical order
. bonds on June 18th N each OF the years
1928 and 1924, and one bond on June lSth
Of each Of the years 1925 TO 1882, both
$4,000 SO Water Bonds Series L OF the
denomination of $1,000 each, humble al
from l up. to be dated May LIST. 1922. and
to mature in numerical order. one bond on
May LIST in each of the years 1924 TO 1883
both inclusive.
All Of said bonds are in coupon form
with privilege of registration as to pr'n-
cipal and interest or as TO principal only.
Interest is payable s"cmi-annually June
18th and December 18th on the $4,000
General Improvement Funding Bonds ahd
the ST.. 900 General Improvement BONDS
and on May LIST and November LIST on the
SIS. 900 Water Bonds Both principal aad
interest are payable at the office of the
city Treasurer of the City Of Perth Am
boy.
The bonds will be prepared under the
supervision Of the United States Mortgage
& Trust Company. New York cry, when
will certify as TO the gFnuiness OF the sig
natures of the city officials and he sea-
impressed thereon. Legality will be ap
proved by Messrs. Caldwell and Raymond
of New York City. whose opinion will be
furnished to the purchaser or purchasers
without charge.
Each issue of said bonds will. unless all
bids therefor are rejected, be sold TO the
bidder or bidders complying with the
terms of sale and offering to pay not less
tina the sum above stated for each issue
and to take therefor the least amount OF
bonds commencing with the FIRST maturity
and stated in multiples of one thousand
dollars $4,000: and, If two or more bid
ders offer to take the same amount of
such bonds. then such bonds will be sold
TO the bidder or bidders Offering TO pay
therefor the highest additional price. in
addition to the price bid, the purchaser
must pay accrued interest from the date
of the bonds to the date CT delivery. The
right is reserved TO reject all bids, and any
bid not complying with the provisions
hereof will be rejected. Bids arc desired
on forms which will be furnished by the
city and each bid must he enclosed in a
sealed envelope marked Proposal Tor
Bonds" and addressed to Ferd Garretson,
City Treasurer. and must be accompanied
a certified check or checks Of an in
corporated bank or trust company for two
per cent. (2So) of the par value Of the
bonds bid for to secure the City againct
any loss resulting from the failure of the
bidder TO comply with the terms of hts
bid.
Dated, May 29th. 1922.
FERD GARRETSON.
14517-6-5-12 City Treasurer.