The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1924-03-22
NOTICE OF SALE.
CITY OF "PLEASANTVILLE,
NEW JERSEY.
$40 900 Sewer Assessment Bonds
100000 Sewer Bonds.

~
NOTICE is hereby given that sealed
proposals will be ceive by the Common
Council of the City of P~leasantvllle, II
the County of Atlantic. New Jersey; al
Council Chambers in the City Hall IN
said city on April 7. 1924, at 8 O'Clock p.
NJ, for the purchase of the following de-
scribed two issues of bonds of said CITY
of Plea santVille, n. J., the amount of the
issue stated in each case being the max
imum amount of bonds that may be issu-
ed and the amount that is required to be
J.. Not exceeding $2O1, 900 Sewer. Bonds.
dated March /. 1924, of the denomination
of $1,000 each. bearing interest at the
rate of five and one-half pei, eentum pei
annum. payable s~emi-annually March !
and September /, and maturing S5,O0O on
March I in each of the years 1928 to l94d
both inclusive, and 5000 on March in
each of the years 1916 to 1861 both inclu-
sive.
2. Not exceeding 100000 Sewer Assess
ment Bonds, dated November l, l923, OF
the denomination of 81 900 each, bearing
interest at the rate of six per centum pei
annum. payable semi-annuallY May / and
November /. and maturing 100000 on No
vember ], 1925, and 100000 on November
/, 1926.
Separate bids must be submitted fol
said issues and any bidder wishing to bid
for both issues must separate MS DIGS
and checks.
The light is reserved to reject all bids
and any bid not complying with the pro
visions hereof will be rejected. Unless
dAl HttAE ait l lGNLt eau 1Fff1 - 1870.
viii be sold to the bidder or bidders com
plying with the terms of sale and offering
to pay not less than the amount necessa-
ry to be raised by the respective issues
and 10 take therefor the least amount OF
bonds offered for sale commencing VIII
the first maturity and stated IN a multiple
of Loco, and if two or more BIDDERS oIel
to take the same amount of such ponds
then to the bidder or bidders ofterlng. tC
pay therefor the highest additional price
No bid will be received Tor less than pai
r-a|.. md saqaTra1 int forest o more
bouis of said issue dated March /, 1924,
WiN be sold than will produce the sum OF
S2hI ono and an additional sum OF less
t7tn 81 600, and no more DohdS OF sai9
issue dated November !, 1928, VIII be sole
tlUn will produce the sum of $4Q,009 and
am additional sum of less than Sl,O0Q. In
addition to the price bid the purchaser
must pay accrued interest from the date
OF the bonds to the date OF delivery.
Each bid must be enclosed in a sealed
envelope marked Proposal for Bonds
and must be accompanied with a certified
check for two per centum of the amount
Of bonds bid for drawn upon an lncorpo-
rated bank or trust company 70 secure
the City against any loss resulting IRON
the failure of the bidder to comply WIFI
the terms of his bid. Checks OF unsuc-
cessfui bidders will be returned on inc
Bonds of both issues will be. coupor
bonds payable in gold coin of the United
States of America of the present stand
ard weight and f%ineness or its equlvalenl
in lawful morley of the United states
with privilege of registration as to prin-
cipal or as to both principal and interest
said bonds will be ready for delivery
on or about April IA, 1924, and the sue
eessful bidder or bidders must lake uf
said bonds not later than April IL, 1924.
The successful bidder will be furnished
with the approving opinion of Messrs
Clay & Dillon of New York City without
charge.
Dated Pleasantville, N. j., March 21st
NEHEMIAH ANDREWS,
City Clerk.