Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1945-08-09
TO BE AWARDED SEPARATELY

Separate sealed will by the County
mssioners of Montgomery County the Office of the Clerk of
Commissioners Rockville Maryland until IL o'clock
A. M. Eastern War Time
i ON TUESDAY, AUGUST 81. 1915
the purchase Eight Hundred sxtyfve Thousand Dollars
($865OO0O0) par value serial maturity bonds known
Montgomery County Refundng Bonds of l945 Series b. and
Twenty Thousand Dollars ($2OO0000 l945 Handale Voun
teer Fire Department Bonds.
At EOS O'Clock A. M on said date said sealed
publicly opened by the said County Commissioners of Mont
gomery County in said Clerks office and the bonds will be
awarded to the highest responsible bidder for cash.
The bonds all be September l. 1945 There will
be Eight Hundred Eghyfve 1885, of said bonds of the
value of One Thousand Dollars 1O00O0 each total Eight
Hundred Eghyfve Thousand Dollars $S85O0000 and they
will interest fixed the accepted
bids hereinafter provided payable semiannuay the
first days of March and September in each until the ma
ury of said bonds accordance with interest be
attached to said bonds
The Montgomery County Reundng Bonds 1945, Series
will be numbered consecutvely from Number One ~ to
Number Eight Hundred and Syfve $685. both numbers in
elusive and they will be issued to mature and be payable in
nsaments of Ten Thousand Dollars ($000000
par the first day of September the years 948 to
1851 both incusve twenty-five Thousand Dollars ($25OOO0O
par the first day of September the 1852
1862 both nclusve and Fifty Thousand Dollars ($50O00O0
par the first day of September the 1868 to
1873 inclusive Such bonds will in the order of
their numbers that Bonds Number to Num-
Der both inclusive will the first day of Septem
ber 1948 and Bonds Number 86 to $685. both inclusive will
mature September /, 1878.
The Hilandae Volunteer Fire Department Bonds will
be numbered consecutvely from Number % Number
co., both inclusive and will be issued mature and be pay
able equal annual serial instaments of One Thousand Dol
lars ($O0000) amount the first day of September in
the years 1916 both inclusive Such bonds will in
the order of their consecutive numbers that Bond Number
will and be payable the first day of September
1896 and Bond Number 20 will and be payable
first day of September, 1865
the principal interest the bonds be payable
in lawful of the United States of America at the time
of payment, the Farmers Banking Trust Company,
Rockville, Maryland,
The bonds will be issued subject registration prn-
cpal only the office of the Clerk County
of Montgomery County Registrar Rockville
Montgomery County Maryland
The proceeds of the sale Montgomery County
funding 1885, B. used exclusively
refunding outstanding Indebtedness of the County Commits
of Montgomery County maturing between July 1945
and June 3d. 1896 both inclusive purpose
except that premium received be used for the
OF paying the cost Of engraving printing said bonds and all
other incidental costs and connected with the
thereof
The proceeds of the 1945 HIandale Fire Depart
ment Bonds be used exclusively
equpping of Fire Department Building the Handae Fire
Department and for other purpose except
Treasurer of Montgomery County shall pay proceeds
of sale all incurred the bonds
accrued interest collected to pay the first
maturity coupons on said bonds.
Bidders requested specify their bids the rate or
rates of interest be paid bonds or
rates their bids based and submitted The
Of interest shall exceed the az fixed by
statute and must be in mutpe tenth of
cent Bidders may specify of inter
est be borne by the bonds but specify
interest for the bonds maturity The bonds will
be awarded to the bidder naming the combined
rates OF interest named legally acceptable proposal and
Offering to not less than par and
bonds AS between bidders naming or rates of
interest the Of the bidder offering pay the largest
permum will he accepted where the bids bidders
identical in all respects the bonds will be apporoned equally
between all such bidders but if this prove the
County Commissioners Of Montgomery County may in its dis
erection, determine which said bonds will be
awarded The lowest of be determined on
the basis Of the lowest interest County Of the bonds
issued from the date of their last date of ma
tury Of Of said bonds by adding the dollar amount OF in
teest payable each bond maturity any proposal
and deducng from the total thereof amount Of the premium
offered to be paid for such bonds any such proposal
The right is reserved the County Commissioners Of
Montgomery County to reject any or all bids.
Ge.aes