The Chronicle-star combined with the Moss Point advertiser., 1946-08-02

NOTICE OF BOND SALE
School Bonds of vsncleave consoli-
dated School District of Jackson
County. Mississippi
Sealed proposals will be received
by the Board of Supervisors of Jackson
County, Mississippi, at the office of
said Board in the Court House, in the
City of Pascagoula. Mississippi, until
the hour of IL 100 O'Clock A. M. on Mon
day, the 5th day of August. 1916, at
which time said bids will be public
ly opened for the purchase, at not less
than par and accrued interest, of S43,-
600. 90 School Bonds OF Vaucleave Con-
solidated School District of said
County.
SAID bonds are TO bear date OF
August l, 1916, are to be in the de-
nomination of 81, 900 90 each. and shall
bear interest at a rate or rates to be
determined pursuant to sale of said
bonds. payable February 1, 1947. and
semi anndally thereafter on February
1, and August /, in each year. Both
principal of n interest on said
bonds will be payable at the Guar
anty Trust Company OF New YORK; in
York, and said bonds shall mature
s~erially without option of prior pay
ment, on August first in each of the
years as follows:
= $2,0O0.00 in each of the years 1947
TO 1868, inclusive;
5000. 90 in each OF the years 1864 to
1866 inclusive.
Bidders are requested to desig-
nate in their bids the price they
a rate or rates likewise to be desig-
mated in their bids.
II Is the intention of the Board of
Supervisors to decide which of the
bids submitted is the highest upon the
basis of the total interest cost over the
life Of the issue, less the premium
specified in the bid.
Proposals should be addressed to the
Board of Supervisors and should be
plainly marked:
and should be filed with the Clerk
of the Board IN or prior TO the date
and hour ~hereinabove named. Each
bid must be accompanied by a cash
ier's check, certified check or eX-
change, payable to the Board of Su-
pervisors. Jackson County. Missis-
sippi. issued or certified by a bank
located in the State of Mississippi. in
the amount of Eight Hundred Sixty
Dollars 1880. 00) as a guarantee that
and purchase the bonds If the bid
is accented. II the successful bidder
fails to purchase the bonds pursuant
to his bid and contract. the amount of
such good faith check shall be retained
by the Board of Supervisors and
covered into the fund of Vancleave
Consolidated School District of said
County.
The Board of Supervisors reserves
the right TO reject any or all bids. and
then to sell the bonds at private sale
within sixty t60l days, at a price not
less than the highest bid received.
The bonds are offered subject to
valuation and to approval by the law
firm of Charles g. Trauernicht. of st.
Louis, Missouri.
All expenses in connection with the
issuance, valuation, approval as to
validity. printing, and sale OF said
bonds will be borne by the School
District for which said bonds are is
sued and sold. Delivery of the
bonds will be made to the purchaser
on or before the LIST day of Septem-
Der, 1916. In Pascagoula, Mississippi.
without cost to the purchaser. Deiiv-
cry elsewhere will be made at the ex-
pense OF purchaser.
BY order of the Board of Supervisors
of Jackson County. Mississippi, this
18th day OF July, 1916.
tSEALl
FRED TAYLOR. Clerk,
Board of Supervisors
BV Vertis G. Ramsay u. &