The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1924-04-05
NOTICE OF SALE.
CITY OF PLEASANTVILLE,
NEW JERSEY.
S201,O Sewer Bonds.
$40. 900 Sewer Assessment Bonds.

9fOgOOO oCWCI N0oCooitCfih W.
NOTICE is hereby given that sealed
proposals will be received by the Common
Council of the City of ~Pleasantville, in
the County OF Atlantic, New Jersey, al
Council Chambers in the City Hall II
said city on April T., 1924, at 5 o'clock
NJ, for the purchase of the following de
scribed two issues of bonds of said CITY
of Pleasantville. 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:
1. Not exceeding $201 900 Sewer Bonds
dated March /. 1924, of the denomination
- 8 ono Ling interest atths
rate of five and one-half per centum per
annum, payable s"emi-annually March L
and September /, and maturing 5000 on
March i in each of the years 1925 to 1915
both inclusive. and Sc, 900 on March l in
each of the years 1915 to 1861 both inclu-
2. Not exceeding $40, 900 Sewer Assess
ment Bonds, dated November /, 1928, of
the denomination of 81 900 each, bearing
interest at the rate of six per eentum per
annum, payable s~emi-annually MAJ 1 ana
November 1. and maturing 100000 on No
vember 1, 1925, and $4,000 on November
l, 1926.
said issues and any bidder wishing to bid
for both issues must separate his bid
and checks.
The right is reserved to reject all bids
and any bid not complying with the pro-
visions hereof will be rejected. Unless
ali bids are rejected each issue of bonds
will be sold to the bidder or bidders com
plying with the terms of sale and offerlng
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 oHer
to take the same amount OF such Donds
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 l. 1924.
will be sold than will produce the sum OF
S2O1, 900 and an additional sum of less
than 81, 900, and no more bonds. OF said
issue dated November /, 1923, VIII be sold
than will produce the sum OF S4O'000 ana
an additional sum of less than $1,000. In
addition to the price bid, the purchaser
must pay accrued interest from the date
of the bondsito 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 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 ineness or its equivalent
in lawful money of the United States,
with privilege of registration as to prin-
cipal or as to both principal and interest.
Said bonds win be ready for delivery
on or about April IA. 1924, and the sue
cessful bidder or bidders must take VI
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 Pleasantville, N. j., March 21st,
1924.
NEHEMIAH ANDREWS.