The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1926-10-26
$4,000
fE,uOU
ATLANTIC COUNTY
MEM ICpcEV
ROAD IMPROVEMENT BONDS.


pursuant to the direction OF the Board
OF Chosen Erccholders of the County
OF Atlantic. New Jersey. the Finance
Committee, in conjunction with the
County solicitor and the County Urea
surer. will received sealed proposals at
the Assembly Room Of the Board of
Chosen I'reeholders, seventh aocr,
Guarantee Trust Building, North ear
olina and Atlantic Avenues Atlantic
City, New Jersey, on Friday, the
9TH DAY or NOVEMBER, 1926.
at the hour of two O'Clock =. NJ, Eas-
tern Standard Time. for the purchase
of the two following described issues
of bonds of the County of Atlantic. to
Wit:
One issue not exceeding So, 900 Road
Improvement Bonds, numbered one ~
to Twenty-Five (22J, both inclusive, OF
the denomination of One Thousand
Dollars t$l,000) each. dated October
bonds on The LIST day of October OF
each of the Years 1928 and 1929 and
six bonds on the LIST day of October in
each of the years 1890 and 1891. begin
ming with No. | and following in their
numerical order, bearing interest ut
the rate OF five per Centum (JGo per
annum. payable semi annually on Oc-
lober ist and April. LIST Of each year.
The sum required to be obtained upon
the sale OF this issue is $4,000, witch
amount Is The total amount of the
bonds authorized 20 be issued
ono issue of 0,Oet i;oad Improve
ment Bonds, numbered ono % To
twenty t3D both inclusive, of the de-
nomination Of One Thousand Dollars
&l.e0oI each, dated November Est,
l92e, payable rs follows: Five bonds on
the list day of November. 1928. and
five bonds on the LIST day OF November
of each year thereafter until the whole
amount is paid, payments to be made
in their numerical order beginning
with No. !, bearing interest at the rate
of five Der ccntum (5%sJ per annum,
payable scn,i-annually on The list day
of November and the first day of MAY
OF each ycar. The sum required to ,c
obtained upon the sale of This issue is
$4,000. which amount is the total
amount of tho bonds authorized to be
s.'f1"d.
Said bonds. unless all bids therefor
be rejected, will be sold to the bid,lcr
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 $50,
00A for one issue. and the sum of S2G,-
900 for the other issue. and TO take
therefor tho least amount of bon,ls
commencing with the ,ii,st maturity
and stated in a multiple of 81 OC9 and
ii 'two Or more bieGers offer to take
the same amount of each issue of
tO1dS, thtn to the bidder or bidders
Offering 10 PAY therefor the, highest
additional price. No moro bonds of
each issue will be sold than VIII pro-
nuce the amount required to he raised
thereby as above stated and an addi-
tional sum of loss than 81 900 In .,d
q, ton to tho price bid. the purchaser
must pay accrued interest on the
bonds 10 tho dato of daIi,,o,,,. e,aid
bonds will not be sold for less han
par value and accrued interest. Tine
right is reserved to reject an bids. and
any bid not complying with the proyi
sions hereof will he rejected
Said bonds will be PAYABLE. both
principal and interest. in lawful mon
ev of the United States of America M
the Office of the County Treasurer. Az
lantic city. New Jerscv.. and viii he
coupon bonds with the privilege of
registration as to principal only or AZ
TO both principal and interest.
Bidders must cpclosc thcir h;de in
sealed envelopes addressed TO +, !.
Johnson. County Treasurer. and tho
hid may be upon ono or both issues.
but must be upon each iss,Ic senaratc,
Is and state The ar,,,;,nt which zach
bidder viii pay for each issue of hood .
hid upon. The envelope containing ,l"
bid should he marked ON tie ont siiir
Proposal for Bonds" designating he
issue bid upon and each hid must no
accompanied with - certified rborl
drawn upon an incorporated bank or
trust company ;,ld payable 10 the or.
dor of H. = Johnson Count ,rr.,g,,.