The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1927-08-19

March LIST and September LIST. The
sum required to be obtained upon the
sale of this issue is $120.000. which
amount is the total amount of bonds
/ authorized to be issued.
One issue OF 5000 Road improve
ment Bonds, numbered one "a to If
ty~1ive t55) both inclusive, of the de-
nomination of One Thousand Dollars
($lU00D each. dated September lst.
ly27. payable as follows: Eleven bonds
on the first day of September of each
year beginning with 1928, up 10 and
Including 1882; payments to be made
III their numerical order, bearing in
tereSt at the rate of four and one-half
per eentum t4Es 20 per anntm. payaI
ME semi annually on March LIST and
September 1st. The sum required to
De obtained from the sale OF this is
sue is $50, 900. which amount is the to-
tai amount of bonds authorized to be
issued
Said bonds, unless all bids therefor
be rejected, viii be sold to the bidder
1r bidders complying with the terms
of sale and Offering to pay not less
than the amount required 10 be raised
in each issue, to wits The sum Of
S120, 000 for the first issue and the sum
of S55, 900 for the second issue, and TO
take therefor the least amount of
bonds commencing with the first ma
ttuity and stated in q multiple of
$1,000 and If two or more bidders Of
issue of bonds. then to the bidder or
bidders Offering to pay therefor the
highest additional price. No more
bonds of either issue will be sold than
viii produce the amounts required to
oe raised thereby as above stated. and
an additional sum Of less than $1,000.
in addition to the price bid. the pur-
chaser must pay accrued interest on
the bonds to the date of delivery
Said bonds will not be sold for less
h., 1Fa1na Accrued interest
The right is reserved to reject all bids.
and any bid not complying with the
provisions hereof will be rejected.
Said bonds will be payable. both
principal and interest, N lawful money
of the United States of 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 +. l..
Johnson, County Treasurer, and the
bid may be upon one or both issues,
but must be upon each issue separate
" 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 out
side Proposal for Bonds" designat-
ing the issue bid upon, and each bid
must be accompanied with a certified
bank or trust company and payable to
the order of Il. l.. Johnson. County
Treasurer. Atlantic County, New Jer-
sey in TWO per centum (2%SJ of the
amount of the face value of the bonds
bid upon, to secure the County against
amy loss resulting 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 q
Vandewater. of New York City. dup
licate original of whose opinion viii
be furnished to the purchaser without
charge.
For further information apply to
Hon. +. A. Higbee County Solicitor.
Guarantee Trust Buildingys Atlantic
City, New Jersey.
BY order of the Board of Chosen
Freeholders of the Countyo of Atlantic.
ROBERT NJ. WILLIS.
Chairman of Finance Committee.
ENOCH A. HIGBEE.
County Solicitor.
INOCH l.. JOHNSON.
County Treasurer.
Dated August fifth. 1927.