The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1926-05-25
NOTICE OF SALE.
SIS, 100000 Building Bonds
$685., 10000 Road Improvement Bonds
Atlantic County
New Jersey

$3e1, 100000 Road Improvement Bonds
Atlantic County
New Jersey
Notice is hereby given that purSu-
ant to the direction of the Board of
Chosen Freeholders of the County of
Atlantic. New Jersey, the Finance
Committee, in conjunction with the
County Solicitor and the County
Treasurer, will receive sealed propo-
sails at the Assembly Room of the
Board of Chosen Freeholders, seventh
floor, Guarantee Trust Building,
North Carolina and Atlantic Avenues,
Atlantic City, New Jersey, on Sat
urday, the goth day of May, 1926, at
the hour of two o'clock p. m, Day.
light Saving time, for the purchase
of the two following described issues
to wit:
One issue, not exceeding $53, 000.0 90
Building Bonds, numbered one "a to
ffty-three 1881 both inclusive of the
denomination of One Thousand Dol
lars ($1, 900. 00) each, dated June list,
1926, maturing in numerical order:
two bonds on June list in each of the
years 1928 to 1852. both inclusive, and
three bonds on June LIST, 1858, bear
one-half per centum (4k%) per an
mum. payable semi-annually on June
LIST and December LIST. The sum re-
quired to be obtained upon the sale
Of this issue is SIS, 900. 90, which am
cunt is the total amount of bonds
authorized to be issued.
One issue of 1891, 100000 Road I'M
|provement Bonds, numbered one a.
to three hundred ninety-one (S91)
both inclusive. of the denomination
Of One Thousand Dollars ($1, 900. OO)
ooh dnfnd luna ovrd 1909 rn-
In numerical order: forty-three
bonds on June End in each of the
years 1927 to 1881. both inclusive, and
forty-four bonds on June End in each
of the years 1882 to 1885, both inclu-
siye. bearing interest at the rate of
four and one-half per centum az 20
per annum payable semi-annually
on June End and December End. The
sum required to be obtained upon
the sale of this issue is 1891, 900. 90,
which amount is the total amount of
bonds authorized to be issued.
Said bonds. unless all bids there
for be rejected, will be sold to the
bidder or bidders complying with the
terms of sale and offering to pay not
less than the amount required to be
raised in each issue, to wit: the sum
of S53. 900. 90 for one issue. and the
sum of 1891 10000 for the other issue.
ana TO take tnerefOr the least am
cunt of bonds commencing with the
first maturity and stated in a multi
pie of 81. 000. 90, and if two or more
bidders offer to take the same am
cunt of each issue of bonds, then to
the bidder or bidders offering to pay
therefor the highest additional price.
No more bonds of each issue will be
sold than will produce the amount
required to be raised thereby as
above stated, and an additional sum
of less than 81. 900. 90. In addition to
the price bid, the purchaser must
pay accrued interest on the bonds to
the date of delivery. Said bonds will
not be sold for less than par value
and accrued interest. The right is
reserved to reject all bids. and any
bid not complying with the provis-
ions hereof will be rejected.
Said bonds will be payable. both
principal and interest, in lawful mon
ey of the United States of America