The Chronicle-star combined with the Moss Point advertiser., 1946-07-19
[ lib. 70. b-z
NOTICE or BOND SALE

NOTICE OF hOND DALI
School Bonds of vsncleave Consoii-
dated school District of Jackson
County. Mississippi
Sealed proposals VIII ne received
by the Board of Supervisors of Jackson
County, Mississippi. at the office OF
said Hoard In the Court House. in the
City of Pascagoula. Mississippi, untii
the hour of IL 90 o'clock A. M. on Mon
day. the 5th day Of August, ig sh,,s a.
ly opened for the purchase. at not less
than mar and accrued interest, of $43.-
600. 90 School Bonds OF Vancleave 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 .00000 each. and snail
bear interest at a rate or rates 10 DC
determined pursuant to sale OF saio
bonds. payable February i, 1917, ana
semi-annually thereafter on February
/, and August !, in each year. Botn
principal OF and interest on SAID
bonds will be payable at the Guar
anty Trust Company OF New YORK; IN
York. and said bonds shall mature
serially without option of prior pay
lment, on August first in each OF the
years as follows: ,a.,
$4,000. 90 in each of the years 1864 to
1866 inclusive.
Bidders are requested to desig-
nate in their bids the price they
will pay for bonds bearing interest," al
a rate or rates likewise to be deslg-
mated i'm 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 he addressed to the
Board of Supervisors and should be
plainly marked:
Proposal for ponds
and should be filed with the Clerk
of the Board on or prior TO tne uate
and hour hereinahove named. Eaen
bid must be accompanied by a CASH
ier's check, certified check or ex-
change, payable to the Board OF SUI
pervisors. Jackson County. Mlssas,
sippf. issued or certified by a oank
located in the State of Mississippi, IN
the amount of Eight Hundred Sixty
Dollars 1890 o) as a guarantee that
the bidder will carry out his contract
and purchase the bonds If the bid
is accepted. II the successful bidder
fails to purchase the bonds pursuant
to his bid and contract. the amount Of
such good faith check shal be retained
by the Board of Supervisors and
covered into the fund of Vancleave
Consolidated School Dfstriet OF saiu
County.
the right to reject any or all bids and
then to sell the bonds at private sale
within sixty (60l days. at a price no
less than the highest bid received: .
The bonds are offered subject to
valuation and to approval by the law
firm of Charles & Trauernicht. of st
All expenses in connection with the
issuance. valuation. approval as 70
validity. printing, and sale OF sane
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 P~ascagoula; Mississippi
without cost to he purchaser. Derv'
cry elsewhere will be made at the ex'
pense of purchaser.
Nv order of the Board of Supervisor
Of Jackson County, Mississippi. thf'
18th day OF July, 1916,
Seal FRED TAYLOR. Clerk
Board of Supervisor