The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1924-03-29
NOTICE OF SALE.
CITY OF PLEASANTVILLE,
NEW JERSEY.
$201, 900 Sewer Bonds.

SfOiOUO sewer ASSSSSHlenl 6oHuS.
NOTICE is hereby given that sealed
proposals will be received by the Common
Council of the City of P~leasantyille, in
the County of Atlantic, New Jersey, al
Council Chambers in the City Hall in
said City on April Z, 1924, at s O'Clock p.
scribed two issues of bonds of said City
of Pleasantyille, 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
obtained, to-wit:
dated March /, 1924, of the denomination
of $1,000 each. bearing interest at the
rate of five and one-half per centum per
annum, payable s"emi-annually March l
and September /, and maturing So 900 on
March / in each of the years 1925 to 1915
both inclusive, and $4,000 on March l in
each of the years 1916 to 1861 both inclu-
2. Not exceeding $40. 900 Sewer Assess
ment Bonds, dated November /, 1923, of
interest at the rate of six per centum per
annum, payable se~mi-annually May l and
November /, and maturing $4,000 on No
vember 1, 1925, and $4,000 on November
Separate bids must be submitted for
said issues and any bidder wishing to bid
for both issues must separate his bids
and checks.
The right is reserved to reject all bids
and any bid not complying with the pro-
visions hereof will be rejected. Unless
all bids are rejected each issue of bonds
will be sold to the bidder or bidders com
plying with the terms of sale and offering
to pay not less than the amount necessa-
ny to be raised by the respective issues
and to take therefor the least amount of
bonds offered for sale commencing with
the first maturity and stated in a multiple
of 81 900, and if two or more bidders offer
TO take e same amount of such bonds
hen to the bidder or bidders offering to
pay therefor the highest additional price.
No bid will be received for less than par
value and accrued interest. No more
bonds of said issue dated March. /, 1924.
will be sold than will produce the sum OF
SOL 900 and an additional sum of less
than $1,000. and no more bonds of said
issue dated November l, 1923, will be sold
than will produce the sun of 800 0 and
an additional sum of less than 81 900. 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 incorpo-
rated bank or trust company to secure
the City against any loss resulting from
the failure of the bidder to comply with
the terms of his bid. Checks of unsuc-
cessful bidders will be returned on the
award of the bonds.
Bonds of both issues will be coupon
bonds payable in gold coin of the United
States of America of the present stand
ard weight and fineness or its equivalent
in lawful money OF the United states,
with privilege OF registration as 10 pfln-
cipal or as to both principal and interest.
Said bonds will be ready for delivery
on or about April IA, 1924. and the sue
cessful bidder or bidders must take up
said bonds not later than April IS, 1924.
The successful bidder will be furnished
with the approving opinion of Messrs.
Clay & Dillon of New York City without
charge.
Dated P~leasantville, N. J., March 21st,
1924.
NEHEMIAH ANDREWS.
City Clerk.