The Chronicle-star combined with the Moss Point advertiser., 1948-08-13
NOTICE az noNn sn1r

$4,000 SCHOLL BONDS OF ST. MAR
TIN CONSOLIDATED SCHOOL DIS
IRICT OF JACKSON COUNTY.
Sealed proposals will be received by
the Board of Supervisors of Jackson
County, Mississippi, at the office of
said Board in the Courthouse. i'm the
City of Pascagoula. Mississippi, until
the hour of ten o'clock. a. m. on Tues
day, the oath day of August. 1913. at
which time said bids will be publicly
ooened for the purchase, at not less
than par and accrued interest. of Six
Thousand Dollars ($6. 000) School Bonds
of st. Martin Consolidated School Dis
trict of sale County.
The said bonds bear date of Sep
TENDER l., 1913, are to be for the
following denominations. six t6l bonds
for the sum of 81 900 each, and shall
bear interest at a rate or rates to be
determined pursuant to sale of said
semi-annually thereafter upon Sep
TENDER /. 1949. and March l in each
year, both principal and interest on
said bonds will be payable at the
County depository of Jackson Coun-
~, Mississippi. in the City of Pasca-
goula. and said bonds shall mature
without option or prior payment, on
September / of each of the years and
in the amounts indicated. to-wit:
September l. 1949.-Sl GOO
September 1. 1950-$1 900
September l, 1851 900
September 1, 1921 900
September l, 1881. 900
September l, i954-S1.00
Bidders are requested to designate
in their bids the price they will pay
for bonds bearing interest at a rate
or rates likewise to be designated in
their bids; provided, however. that all
bonds to be the same maturity shall
bear interest at The same rate, which
shall be an even multiple of one
eighth of one per cent (1-8th of 19t). It
Is the intention of the Board of Sup
ervisors to determine which of the
bids submitted is the highest bid
upon the basis of the lowest total
interest cost over the life of h issue
at the rate or rates of interest speci-
fled in the bids, less the premium Of
fered, If any
Proposals should be addressed to
the Board of Supervisors. should he
plainly marked PROPOSAL FOR
BONDS" and should he filed with the
Clerk OF the Board of Supervisors on
or prior to the date and hour here
accompanied by a cashiers check. Ger.
titled check or exchange. payable to
the Board of Supervisors of Jackson
County, Mississippi in the amount of
One Hundred and Fifty and notion
Dollars $3.50 l00). issued or certified
bv a bank located In the state of
Miseissipni. as a guarantee that the
bidder will carry out his contract and
purchase the bonds If his hid is ac-
cepted. II the successful bidder fails
to purchase the bonds pursuant to
his bid and contract. the amount of
such good faith check shall be re-
tanned by the Board of Supervisors as
linuidated damsges for such failure.
The Board of Supervisors reserves
the right to reject any and all bids.
and then TO sell the bonds at private
sale within sixty (60l DAYS at a price
not less than the highest bid received.
determined as aforesaid:
Said bonds to be validated by the
Chancery Court rs is provided nv
statute and tho st. Martin CONSOLE
dated School District TO pay for the
printing of said bonds. and the cost of
val'dation thereof.
Delivery of said bonds will be made
N the ~pr'~chase~ on er before forty
five f45) days after September !. 1913,
in the City of P~ascagoula, Mississippi,
without cost to the purchaser: de-
livery elsewhere will he made at the
expense of the purchaser.
BY order of the Board of St~iDervis-
ors of Jackson County. Mississippi,
this 3rd day of August. 1919.
N. c. EVERETT,
Clerk. Board of Supervisors.
2t-s-6. 10.