The Pleasantville press., 1926-07-27

on the End day of August of each
year thereafter up to and including
the year 1866, bearing interest at the
rate of four and one-half per cent
| ar "a per annum, payable semi an
nually ON August End and February
End. The sum required to be obtain
ed upon the sale of this issue is
S157 900, which amount is the total
amount of bonds authorized to be
| issued
One issue of s92. 900 Building Bonds,
numbered one Q) to ninety-two (92),
of One Thousand Dollars ($1,000)
each. dated August 5th. 1926. payable
as follows: Three bonds beginning
with No i and following in the con-
secutive order of their number to be
paid on the fifth day of August,
1927, and three bonds following in
consecutive order on the fifth day of
August of each of the years thereaf-
ter up to and including the year 1854,
and four bonds following in consecu-
tive order on the fifth day of August
of each year thereafter until the
whole amount is paid; bearing inter-
est at the rate of four and one-half
per cent. az 20 pei. annum, payable,
semi annually on August 5th and
be obtained upon the sale of this
issue is $4,000, which amount is the
total amount of bonds authorized to
be issued
Said bonds, unless all bids therefor
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 rails
ed in each issue, to wit: The sum OF
S157 600 for one issue, and the sum
of S92. 900 for the other issue, and to
take therefor the least amount of
bonds commencing with the first ma
turity and stated in multiple of
81 900, and if two or more bidders
offer to take the same amount of
each issue of bonds, then to the bid
der or bidders offering to pay there
for the highest additional price. No
more bonds of each issue will be sold
than will produce the amount requir-
ed to be raised thereby as above
stated, and an additional sum of less
than 81 900. 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 re-
iect all bids, and any bid not COM
plying. with the provisions hereof will
be rejected.
Said bonds will be payable. both
principal and interest, in lawful mon
ey of the United States or America
at the office of the County Treasurer.
Atlantic City, New Jersey, and will
be coupon bonds with the privilege
of registration as to principal only
or as to both principal and interest.
Bidders must enclose their bids in
sealed envelopes, addressed to p. l..
johnson, County Treasurer, and the
bid may be upon one or both issues,
but must be upon each issue sepa-
rately and state the amount which
each bidder will pay for each issue
of bonds bid upon. The envelope
containing the bid should be marked
on the outside Proposal for Bonds"
designating the issue bid upon, and
each bid must be accompanied with
a certified check, drawn upon an in
corporated bank or trust company
and payable to the order of %. L..
Johnson, County Treasurer, Atlantic
County, New Jersey. in two per CEN
tum (2To) of the amount of the face
value of the bonds bid upon, to Sc
cure the County against any loss re-
sulting from the failure of the bidder
to comply with the terms of his bid.
The validity of the bonds will be
approved by Messrs. Clay & Dillon,
of New York City, duplicate origl-
nal of whose opinion will be furnish
ed to the purchaser without charge:
Bonds will be ready for delivery at
the County Treasurer's office, Attain